The Cannabis industry in a nutshell! Aurora/Tilray/Index – 15/05/2019

 In Daily recaps, Market News, Technical View, Trading Signals, Uncategorized

Cannabis!

In a fluctuating market one cannot expect emerging industries  to keep booming and to push forward with higher volume and demand

but the cannabis industry is proving other wise

still fully controlled by north america ,now being led by Canada after a full legalization processes and been approved  and as an effect companies related to the product are being lured in to operate with in jurisdictional region with out any legal concerns

a brilliant move by Canada to allow both recreational and medicinal cannabis  to be sold and exported world wide

as for the stand outs of the index it self

Tilray – 15/05/2019

The company is a supplier of cannabis products to pharmaceutical distributors

main focus in on medical cannabis research  (cultivation processing  &  distribution of cannabis products world wide

chart wise we have finally closed 2018 august gap line and 2/3 correction from  all time highs

next target for long is at 65$

Aurora - 15/05/209

Aurora!

Aurora cannabis  is by far the biggest name out there and the most intriguing stock to follow.

the company recently became a cultivation  licencee owner  for medical cannabis in Germany,

she is the only one from 80 companies listed for that license  to be approved.

the company annual production capacity is targeted at 625000 kilograms more than any other producer

in march the company has announced that billionaire investor   Nelson Pelts    is teaming up as a strategic advisory director,

experts out there expect Aurora to soar after this move.

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