In this video I take a look at the game-changing move Canopy Growth made a couple weeks ago and why it is critically important going forward. I take a look at CGC and other cannabis stocks from a Stage Analysis perspective and discuss the following:
- How quickly things can change in the market and why it’s so important to be able to move quickly as a trader when things change
- How institutions are still playing catch-up in this sector
- Understanding volume and how it’s an important part of a new Stage 2 advance
Disclosure: I am long CGC, ACBFF, APHQF.
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