Cannabis Stocks to Watch | Penny Stock News Today | Trulieve | TRUL | Valens | VLNS
Cannabis Stocks to Watch | Penny Stock News Today | Trulieve | TRUL | Valens | VLNS
Cannabis Stocks to Watch | Penny Stock News Today | Trulieve | TRUL | Valens | VLNS
Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance!
Today we are discussing Recent News from Trulieve Cannabis, ticker TRUL and The Valens Company, ticker VLNS. These two High Growth Cannabis Stocks are ramping up for pending US Federal Legalization and look promising moving into 2022. Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. Trulieve cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, California, Massachusetts, Connecticut, Pennsylvania, West Virginia, Arizona, and Maryland, as well as directly to patients through home delivery. TRUL produces approximately 550 stock keeping units, including flower, edibles, vaporizer cartridges, concentrates, topicals, capsules, tinctures, dissolvable powders, and nasal sprays under Cultivar Collection, Momenta, Muse, Sweet Talk, Alchemy, Avenue, Co2lors, Loveli, Modern Flower, and Roll One brands. As of February 10, 2022, TRUL operated 161 dispensaries, including 112 dispensaries in Florida. The Valens Company Inc. operates as a cannabis consumer products company. It engages in manufacturing cannabinoid based products. VLNS provides proprietary cannabis processing services, as well as is involved in product development, manufacturing, and commercialization of cannabis consumer packaged goods. Its products are formulated for the recreational, health and wellness, and medical consumer segments and offers across various cannabis product categories. Valens also manufactures, distributes, and sells a range of CBD products in the United States through its subsidiary Green Roads, and distributes medicinal cannabis products to international markets through its subsidiary Valens Australia. Let me know what you think of Trulieve and Valens and if you are currently holding any shares of TRUL or VLNS in the comment section below! 👇
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will be investing soon
Oh no you sold your VLNS? 😮 That loss must have stung. I’m just waiting for the price to either stabilize or hit $2 per share before I open a position with them, I’m still bullish on Valens.
Awesome video thanks!
I am trying to invest for the long term
I’ve been on the fence with selling my VLNS shares, thanks for the video bro!
Great video , I’ll put TRUL on the watchlist. I still like Molecule
Hello, are you currently holding Trulieve they have come down a lot, it’s $23. Did you buy Valens they have gone down a lot, it’s at $1.55
I think we are near the bottom but not sure if it will go lower
A close friend has been very bullish on Trulieve, thinking of taking a position. Will let ya know when I pull the trigger, thanks for the info
Canadian cannabis is basically uninvestable. None of them are turning profits because the government is taking WAY too much from businesses. US MJ is the only way to invest in cannabis for the time being imo. Canadian companies can’t get in if they want to stay on major exchanges (TSX, NASDAQ, NYSE).
This market is still high risk & reward.
Be aware of that because a company is a winner today it can be a loser tomorrow.
The Valens company is in a great position to gain share and partner.
Sounds like some great moves for your portfolio! Looking forward to Trulieve success, I’m going to look a bit deeper into my holdings of VLNS
Thanks for the new updates, Mr. McNallie. Appreciate you explaining (with facts) why you’ve made the switch. Being in the US market already vs. hoping to get in, is the make or break here and not surprised on why you would rather invest in a most stable and predictable business than wait for developments to happen with the other one!
I have some TRUL
Nice
worth the money for sure!
i’m still holding my shares of VLNS with no plans to sell, nice pop last week but annoying to see it drop right back down
Anyone holding shares of Valens or Trulieve? 👇🏼
I think VLNS is good their company have a different business plan than most MSO and have little to no long-term debt . Truieve is good but U.S.A legalization is Holding it back with uncertainty.
Thanks brother, hope all is well 🦾😎📈
I have plenty of exposure to the US market, so I continue to hold n’ add to Valens. I believe in Tyler & he’s team for the long run! Great video, hope you still continue to make VLNS videos on any major news/ updates… Thanks!
Good find!
This guy breaks down reasons he would not touch truelieve has some good reasons including potential corruption bribery convictions conflict of CEO’s husband discrepancy in cash flow statement and property and capital asset statement https://www.youtube.com/watch?v=WwK_TkTX_xU