Cannabis Stock Sector Update, Big Move on NY Legalization Coming? $TLRY $APHA $CURLF $CGC $ACB $SNDL

New York State is set to potentially pass legislation to make adult recreational cannabis use legal. Will this bring volume and buyers into the cannabis stock sector? In this video, we look at candlestick charts of cannabis stocks and etfs and apply technical analysis to potentially forecast and predict probable moves based on the set ups. We will look at $THCX and $MSOS etfs, Curaleaf $CURLF, Aphria $APHA, Tilray $TLRY, Canopy Growth Company $CGC, Aurora Cannabis $ACB, and Sundial Growers $SNDL.

Timestamps:
00:00 Intro
00:55 THCX Chart
03:10 MSOS Chart
05:07 CURLF Chart
07:05 APHA Chart
09:02 TLRY Chart
10:53 CGC Chart
12:48 ACB Chart
14:30 SNDL Chart

#CANNABIS #LEGALIZATION #STOCKS

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Posted in Stocks & Trading

2 Comments

  1. Cam Capital on October 3, 2021 at 8:05 am

    Will NY pass legislation this week, and when will federal use be legalized? What cannabis tickers are you holding for long term plays?



  2. DH on October 3, 2021 at 8:18 am

    I was wondering this as well.. why are these stocks not soaring? I would have thought NY was a historic win for the industry. I will be surprised if the market waits until after the news of legislation passing which may happen as early as tomorrow!