MedMen(MMNFF) has formed a Wyckoff Accumulation Pattern and is currently creating a potential ‘last point of support’ pattern in Phase C after a recent ‘spring’ and ‘test’ of the spring. Price is currently below a resistance level(red) at .22c which stems from a price peak made in September of 2020 and then again in December of 2020. Price must move above the...
MedMen Enterprises, a recognized brand across the US for medical / recreation use of marijuana. They already have a solid foothold & "in" on the industry & are setup to ride the next wave of the cannabis boom. They are also backed by a group of experience board of directors with previous knowledge in well know public companies. The CEO is determined on an eventual...
I do not provide financial advise.
Despite serious declines in Canna Stocks in 2019 looks like $MMNFF successfully capitulated and retail investors are being shaked out by institutions. Here's why:
- On macro, long-term parabolic wedge has resolved itself by hammered spring and followed up by SFP bullish candle. Please note this was second largest green candle...
Medmen stock has been hammered by lawsuits due to alleged negligence by the company executives. All lawsuits and Bear warnings have been baked into current price. There is great potential for the company to succeed if they can get past all the negatives. The current size of the California cannabis market alone is the equivalent to the entire Canada cannabis market...
Medmen stock has been hammered by lawsuits due to alleged negligence by the company executives. All lawsuits and Bear warnings have been baked into current price. There is great potential for the company to succeed if they can get past all the negatives. The current size of the California cannabis market alone is the equivalent to the entire Canada cannabis market...
Description
MedMen Enterprises Inc., together with its subsidiaries, operates as a cannabis company in the United States. The company cultivates, produces, possesses, uses, and distributes/retails cannabis in the recreational and medicinal cannabis marketplace. It owns and operates 19 licensed facilities in California, Florida, Nevada, and New York. The company is...
Investors in the cannabis space have thus far focused primarily on the growers of the product. We first recommended Canadian greenhouse growers in 2016, added in 2017 and added again in early 2018. It has been a very profitable ride and I believe there is more upside ahead for cannabis growers over the next 12 months.
But they will eventually face margin...
Here is my TA for TGOD, did it reach a reversal point ?
As you can see we are still in a bearisch channel but as soon as the bulls manage to breakout, we will have a bullish mood again with more volume.
17 october (Legalisation of marijuana in Canada) is getting closer, I can't wait to see what will happen.
What are you're thougts ?
Thinking of buying some of them, they have great plans for the next years in America.
Just waiting if its breaking the green line for some more downside, to get a better entry point, but then I will wait 5 to 10 years.
