Been a while.

Let’s review the trade:

With the election of Justin Trudeau 15 months ago began a major and potentially long lasting bull market in Canadian Marijuana producers. This thing is just starting with the major catalyst still ahead of us. (Legalization for recreational use).

Washer, being generally lazy and high all the time abandoned his gold stocks for weed stocks and plans to spend the next 5-10 years in this sector.

I watch the top 5 Canadian producers with a good business model and good liquidity. Now I can safely buy and hold, trade or rotate. Nothing fancy required. It’s a bull market after all.

I like my charts naked. Trend. Price. Volume. Have a look: Simplified from the beginning.

It’s a raging bull. Denial is in Egypt. The boat has not been missed. It’s still in port.

There are very few quality producers. The valuations are going to be insane.

Here’s the line up:

CGC: (The leader) has changed symbols to WEED. Brilliant. Probably an MBA. What creative genius. For traders too stoned to remember the fricken’symbol?

APH: Beautiful. (I am too stupid to own any)

OGI: Stabilizing after pesticide contamination scandal.

EMC: Still very new and finding price…the future leader in pharmaceutical dosages.

SL: Been holding heavy. Waiting for sales licence delivery and first revenues from stored product. This has tremendous upside potential. Hoping to make my year right here right now. American chart used for simplicity.