Cryptocurrency Update 10.22.18

Cryptocurrency Update 10.22.18

Crypto M&A is on a tear as deal-makers see opportunity in bitcoin’s price slump Deal-makers seem to be anything but deterred by bitcoin’s price pain this year — they’re actually using it as an excuse to go bargain hunting. Despite the ongoing bear market in...
Cannabis Industry Update 10.22.18

Cannabis Industry Update 10.22.18

Trump Signals Support for Legislation Easing US Ban on Marijuana President Donald Trump said Friday that he’s inclined to support a bipartisan effort in Congress to ease the U.S. ban on marijuana, a proposal that would dramatically reshape the nation’s...
Markets and Economics Update 10.22.18

Markets and Economics Update 10.22.18

Their money worthless, Venezuela’s desperate flee by foot “As night approached, Sandra Cadiz wrapped her shivering daughter in a blanket and prayed for a ride up the frigid Colombian mountaintop known as ‘the icebox.’ Ten-year-old Angelis...
Cannabis Stock Price Analysis: The Green Organic Dutchman

Cannabis Stock Price Analysis: The Green Organic Dutchman

The Green Organic Dutchman (TGODF) For a stock that looked for a moment like it was taking off, it’s hard not to say that the price action looks exceedingly bearish. With a clear downtrend setup starting at (1), the support level at (2) is critical, as breaking below...
Cannabis Stock Price Analysis: Innovative Industrial Properties

Cannabis Stock Price Analysis: Innovative Industrial Properties

Innovative Industrial Properties, Inc (IIPR) We’ve barely touched upon IIPR in this forum, but it makes for an interesting cannabis play as a REIT that focuses on acquiring and leasing out industrial properties for cannabis production. With the volume behind it...
Cannabis Stock Price Analysis: GW Pharmaceuticals

Cannabis Stock Price Analysis: GW Pharmaceuticals

GW Pharmaceuticals (GWPH) Was the period between Sept 20 and 28 a market overreaction? Either case, GWPH finds itself once again in the range that preceded it, with resistance (1) at 149.40 and support (2) at 137.27. A steep short-term downtrend couched within a...