AC8 0.00% 4.0¢ auscann group holdings ltd

Nice catch @MajorJohnny I noticed the same thing, and its...

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    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
    Last edited by amb005: 13/11/21
 
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