Impending cross on MACD weekly, I believe the bottom is in. We are now in the accumulation phase in marijuana stocks. All the big name players are heavily discounted, mostly due to overproduction in the last quarter.
This is one of the best Marijuana ETFs out there, much more stable than the concentrated growers ETFs.
HMLSF has been in intermediate downtrend since Oct 2018 and is nearing very strong support zone. This Marijuana ETF boasts a 4.6% div yield w/ $800M AUM.
This might just be one of your best bets for playing the industry "Safely" if you're looking for exposure to the industry.
if you're looking to pulls some profit from the weeds,stick a bit of cash in the pot, this ETF has alot of increasing volume interest. MACD and Stoch at the top at the moment, so I wont be surprised if there is a little pull back in the next few days. but technicals are solid