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My First Blog Post

Be yourself; Everyone else is already taken.
— Oscar Wilde.

This is the first post on my new blog. I’m just getting this new blog going, so stay tuned for more. Subscribe below to get notified when I post new updates.

With the recent surge in marijuana legalization in both the United States and Canada there is a massive potential for the everyday man to profit off cannabis company’s success. Four company’s which are in the exact position to capitalize are: Canopy Growth Corp. (CGC), Aurora Cannabis Inc. (ACB), Aphria Inc. (APHA), and Cronos Group Inc. (CRON).

Let’s look at why each of these company’s stand to make it big in the cannabis Industry and start with biggest fish of them all: Canopy Growth Corp. (CGC)

No cannabis portfolio would be complete without CGC. They are poised to be the largest cannabis company in Canada, where marijuana was made federally legal via the Cannabis Act this past October in 2018. I think this stock has massive upside potentials and could lead to gains well over 100%.

We can take a look at CGS’s price history below, which is show for the past 4 years.

As you can see from the chart above, there was a massive surge in CGC’s share price leading up to the legalization of cannabis back in late 2018. This growth was short cut however by a huge earnings miss in November of 2018, with a quarterly loss of -$1.52/share compared to the estimated loss -$0.12/share. There was then a quick correction to this massive drop, nearly 50%, and then a slow decline in price. The stock is currently sitting at around $18/share with most estimates evaluating the price between $20 – $28/share it’s easy to see that it’s a steal for $18/share.

If that isn’t good enough for you to hop on board the CGC money train we can look to the fundamental indicators, namely the Moving-Average (MA) and relative strength index (RSI), to give us even more reason to BUY!

Below I’ve overlaid the stock price with the 50dayMA (orange line) and 100dayMA (blue line) and marked some key RSI low points with green lines for CGC.

Notice how the first two would have been excellently entry points in the stock, with profits ranging from 100-500%, and then look at today’s recent lows in the RSI. While the first two may not have been the best entry place, I am sure they would have resulted in long term gains of over 20%. With the recent drop in RSI and the 50day and 100day MA converging all signs point to BUY!

I hope I’ve laid out a compelling argument for getting in on CGC and will lay out my take on the three other above mentioned company’s in the coming weeks. Happy hunting and Investing
– Harvey

Introduce Yourself (Example Post)

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.

You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

Because it gives new readers context. What are you about? Why should they read your blog?
Because it will help you focus you own ideas about your blog and what you’d like to do with it.

The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

To help you get started, here are a few questions:

Why are you blogging publicly, rather than keeping a personal journal?
What topics do you think you’ll write about?
Who would you love to connect with via your blog?
If you blog successfully throughout the next year, what would you hope to have accomplished?

You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.

Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.