A new emerging market that went from being illegal and done by gangsters and is starting to be industrialized. It's only at its early stage, and MJ is being accepted more and more in the world. Companies selling this stuff are planning on having ten times more clients next year. It's a pretty controversal area it's risky, but the potential is great. Not that interested in going long term (yet), but if we keep going down alot, something similar similar to when BTC went from 30 to 2$ a while ago, if I have the money I'll put it in a few companies. Problem is there's several of them and who knows which one is good? If there's a nice oversold bounce it will be able to get in for free! (Buy the dip sell enough on the bounce to get initial investmen out, leave profit in) Canopi plans to have it's customer base grow tenfold, they're the #1 company, so they seem safe enough, for now.
Anyway, there's time for this (probably) no need to hurry.
Look into Radient Technologies Inc. RTI.V. They're in the oil extraction biz.
GoingDutch
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Canopy is definitely a great cannabis company in my opinion. I have bought stocks of them back in September for $8,50 a pop after researching for a while. I have compared them with Aurora and found Canopy having more solid supply chain / production affiliates to extend their operations to Europe with more ease. I believe they have recently transported about 150 of their clones to a facility in Spain, all in anticipation of big growth in EU markets. However I also think Canopy has said they are not planning to expand operations to the US. Which is a huge upcoming market ofcourse but they do however aim to dominate the Canadian market, which is also a huge upcoming market. That; s my 2 cents as a crypto guy haha. I have not read much about it (but have some) about their actual cash flow, financial health, revenue, profits, expectations and all that. I am kinda speculating on Canopy, as i would do with crypto.. ;p
cryptotradingnewbie1
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Overlayed this to the #BTCUSD chart.. Interesting comparision, ill keep an alert for Canopy if it is oversold