Which cannabis stocks should I now that Biden is the president?

Which cannabis stocks should I now that Biden is the president (part 1) : Going first with Cronos Group.
Biden won (although Trump wouldn’t agree😊) and the sentiment is talking about green energy stocks, electric vehicle makers, telecommunication stocks, cannabis stocks, government bonds and more. But we cant invest in everything and we cant relay on market hype to make a sound investment. So first I wanted to break down cannabis stocks as they have rallied dramatically in the last 2 trading sessions.
But before all that lets state a super important fact: Arizona, and South Dakota recently voted to legalize recreational marijuana! BOOM!
I choose to start this series with the first stock of Cronos Group.

Cronos Group

Heavily funded by Altria group investment in 2018 with 1.8 billion, the company has been operating in the last two years with no factual growth or sales, I mean 10 million in sales in the cannabis world market would be a drop in the bucket.
Stock rallied 10% in the last week upon elections but once the 15 min of fame are over this stock isn’t going to do much in my opinion.
The spending on growth and technological developments such as “fermented cannabinoids” which I will explain now, have cost the company to fall behind in the cannabis race on market and sales share.
So what is fermented cannabinoids?
The Cannabis flower isn’t using cannabinoids in order to maintain its survival, which can cause a change of up to 30% in the concentration of the flower’s cannabinoids, even if grown in identical conditions it still varies from one flower to another. So, extracting and controlling this would be a very difficult task.
Fermenting it is basically growing its cells in a lab and duplicating them instead of growing the flower itself – again this is explaining it in a nutshell of course.
So the news about Biden wining can maybe translated into good news for Cronos Group, but for me as a skeptical, I’ll need some proof of concept before jumping in and that means sales sales and more sales!
TECHNICAL VIEW on Cronos Group:
Highest high pre COVID was a25.1$ at February 2019.
Dropped from there all the way to 5$ with one Bullish week during that slope.
Then was side channeling from 5$ to 7$ and gave one fake out on June @ 8.09$ and went back down.
This Friday it broke resistance and touched 8.4$ just to drop back down to 7.5.
With all rally and resistance tested twice and broken, I expect the stock to rally up more to the 13$ zone (retracement to the 38 Fib line) but I don’t see it going further then that at least in the upcoming 4-6 months.
Short term Buy
Long Term Sell
Revise again at March 2021.

Here is a chart comparing all major cannabis stocks one next to another (not including Grow generation group that could not fit in the chart since price is too high)
Next up we will cover Canopy Growth!

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