What will legal weed look like in the next few years? These cannabis market predictions are already coming true.
With new products, untapped markets, and better access to research and capital than ever before, the cannabis market is in the midst of another record-breaking year of growth.
Overall, 2018 was a groundbreaking year of growth for the cannabis market. But expect the industry to expand through 2019 and into 2020 as a volatile market becomes more stable and mainstream, encouraging unprecedented investor and consumer confidence.
Here’s what investors and consumers should expect as the cannabis market matures….CLICK for complete article
Investors can find plenty of fundamental reasons to think the 10-year bull market is coming to an end, with retail fund outflows, crashing yields, and the destruction of globalization all perfectly capable of signaling the next recession. However, technical price structure may offer stronger clues to market direction as we near the end of a prosperous but turbulent decade. And right now, this arcane venue is flashing warning signs that could translate into much lower stock prices.
Let’s look at three technical elements that predict the S&P 500 has topped out or will top out in coming months. All revolve around perfectly placed 2019 price action and broad brush pattern readings asserting that the rally has reached a level that can’t be sustained in the second half. What these numbers don’t reveal is the ultimate downside if bears resume control of the ticker tape, especially after more than nine months of binary price swings….CLICK for complete article
CannTrust Holdings Inc(TSX:TRST)(NYSE:CTST) investors got more bad news on Monday when they learned that the company’s operations were found non-compliant with Health Canada’s regulations.
In its Pelham, Ontario facility, CannTrust had been growing cannabis in rooms that were not yet licensed and still pending approval. Although they did ultimately receiving licenses in April 2019, it didn’t change the fact that the company was growing in the rooms prior to then.
What’s also troubling is that regulators noted that “inaccurate information” was provided by CannTrust employees. As a result of the infractions, Health Canada is holding 5,200 kilograms of dried cannabis that CannTrust previously harvested from those rooms. The company is also voluntarily holding 7,500 kilograms at its Vaughn location, which also has cannabis produced from those rooms…..CLICK for complete article
Anybody can lose money on a bad investment but being the victim of stock fraud is pain on a whole different level. Thankfully, there are some tools that predictive analytics and statistics provide that can steer investors away from bad ideas.
Just a week after Nike appeared to bow to Chinese authorities’ demands, halting the sale of a range of sports shoes in China after its Japanese designer showed support for Hong Kong protests in an Instagram post; the sportswear company has been implicitly banned from Arizona after nixing the launch of its “Betsy Ross Flag” sneakers after former football player Colin Kaepernick complained.
As The Wall Street Journal reports, the sneaker giant created the Air Max 1 USA in celebration of the July Fourth holiday, and it was slated to go on sale this week.
The heel of the shoe featured a U.S. flag with 13 white stars in a circle, a design created during the American Revolution and commonly referred to as the Betsy Ross flag.
After shipping the shoes to retailers, Nike asked for them to be returned without explaining why, the people said. The shoes aren’t available on Nike’s own apps and websites.
“Nike has chosen not to release the Air Max 1 Quick Strike Fourth of July as it featured the old version of the American flag,” a Nike spokeswoman said.
After images of the shoe were posted online, Mr. Kaepernick, a Nike endorser, reached out to company officials saying that he and others felt the Betsy Ross flag is an offensive symbol because of its connection to an era of slavery, the people said.
Some users on social media responded to posts about the shoe with similar concerns. Mr. Kaepernick declined to comment…..CLICK for complete article