Nice catch @MajorJohnny I noticed the same thing, and its actually similar set up and similar time to last run as well, seems to be a theme for December - Feb too with these cannabis stocks getting a nice run over Christmas and New Years.
Great week for cannabis stocks overseas, all cannabis ETFs had a nice bounce (check out the charts below), the buying is coming from news of a possible bill drafted by South Carolina House Rep. Nancy Mace to deschedule and regulate cannabis, “could be a game changer for the cannabis industry.”
The removal of cannabis from Schedule I of the Controlled Substances Act would make it legal in the U.S.
The percentages outlined on the right are just from last nights moves on cannabis ETFs , so should be follow through to Australia next week, most of the market doesnt realise AC8 is not really in that anymore so AC8 should still get some shine
