cannabis bull-run YOLO
Posted: May 05, 2024
- SNDL and TLRY are recovering well after a dump - Rescheduling updates all summer on major news outlets - SAFE Banking Act - NASDAQ allowing Canadian listed cannabis companies to acquire MSOs - Similar setup to last cannabis bull run that saw prices increase 10x from November 2020 to February 2021. News is real this time.
Summarized top reddit comments: - 2024 is seen as a promising year for cannabis stocks such as MSOS, SNDL, TLRY, & CGC - Some users are skeptical about the potential profitability of cannabis companies - Reddit users are heavily invested in cannabis stocks and predicting a bull run - Some users highlight the history of cannabis stock trends and potential for significant growth - SNDL stock is mentioned as having upcoming news that could impact its performance - Comments are made about the number of shares issued by cannabis companies and potential dilution of shareholder value - One user humorously suggests that the original poster bought cannabis stocks because they were high, but OP clarifies they do not smoke
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!