Home / Commentary

Category: Commentary

Did Moody’s Just Hand Electoral Victory To Ontario PC Leader Doug Ford?

Much to the chagrin of Ontario Liberal leader Kathleen Wynne, Doug Ford was just handed a major campaign talking point on a silver platter. For an incumbent fighting vigorously to edge back into the electoral relevancy, this is quite disheartening. Expect challenger Doug Ford to hammer home this wedge issue to maximum effect. The matter in question is today’s announcement by Moody’s Investor Services downgrading its outlook on Ontario’s finances to “negative” from “stable” in light of the Liberal government‘s plan to […]

Isodiol International Ord (CNSX:ISOL) Announces Several Material News Events; Trading Resumes

Isodiol International Ord (CNSX:ISOL) (OTCMKTS:ISOLF) (FRA:LB6A) today announced substantial news on multiple fronts spanning several continents. Unlike the active but singular deals Isodiol has done in the past, this announcement delivers a multi-pronged news explosion which should have investors mulling over the details for some time. Here’s what happened: Isodiol International has acquired 100% of BSPG Laboratories Limited U.K., including an operating facility that refines the CBD molecule to a purity of >99.5%, is THC-Free and highly bioactive. Total consideration for BSPGL-UK was […]

Isodiol International Ord (CNSX:ISOL) Technical Take, Assorted Tidbits Heading Into Tomorrow’s Re-Open

As most investors of Isodiol International Ord (CNSX:ISOL) (OTCMKTS:ISOLF) (FRA:LB6A) are aware, potential game-changing news is scheduled to be released sometime tomorrow. In anticipation of the event, Midas Letter takes a look at the stock’s technical take and other pertinent tidbits which could have a material effect on price. To briefly recap the present situation, the Investment Industry Regulatory Organization of Canada (IIROC) halted of Isodiol International on April 10 “pending news”. While that in itself isn’t unusual, the company took the additional step of “clarifying” that the current […]

Aphria Inc (TSE:APH), Cannabis Sector Rally “Yuge” On Donald Trump Support

For Aphria Inc (TSE:APH) (OTCMKTS:APHQF) (FRA:10E) and the rest of the cannabis sector, Donald Trump may not be such a bad guy after all. After yawning through the session on a continuation of lackluster volume, cannabis stocks exploded on positive news down south. We explore this news and provide an updated technical take for both sector co-leaders. The calatyzing event is undoubtedly the news that president Trump has promised a leading Senate Republican that he will support congressional efforts to protect states that […]

Isodiol International Ord (CNSX:ISOL) Stock Halted; Substantial News Expected Next Week

Something big is brewing with Isodiol International Ord (CNSX:ISOL) (OTCMKTS:ISOLF) (FRA:LB6A) stock. The pioneer of several cannabis nutraceutical and skin care firsts revealed that significant news is coming early next week, giving investors ample time to stew over the possibilities this weekend. Following the Investment Industry Regulatory Organization of Canada (IIROC) halt of Isodiol International on April 10 “pending news”, today the company took the additional step of “clarifying” that the current halt was based on a management request pending “material” news. […]

Aurora Cannabis Inc (TSE:ACB) and the Cannabis Complex Trade Goes Dark—What Comes Next

Trade in Aurora Cannabis Inc (TSE:ACB) (OTCQB:ACBFF) (FRA:21P) and the rest of the cannabis complex went dark today, as short-term equilibrium finds balance between buyers are sellers. I look into what comes next for Canadian cannabis stocks, as the market searches for direction. Price action in today’s cannabis sector trade can really be summarized in two words: low volume. Neither co-sector leaders Canopy Growth or Aurora Cannabis showed much inclination to move in either direction. Volume in the latter was a […]

The Second Cup Ltd Moves On Tim Horton’s By Diversifying Into Cannabis Dispensaries

In an effort to diversify a retail sales footprint dominated by rival Tim Horton’s, The Second Cup Ltd (TSE:SCU) (OTCMKTS:SCUPF) today announced they were entering the retail cannabis market. The deal with National Access Cannabis Corp (CVE:NAC) (OTCMKTS:NACNF) (FRA:1HV) establishes a strategic alliance to develop and operate a network of NAC-branded recreational cannabis dispensaries across Western Canada (where legally applicable). The plan calls for NAC to apply for licenses to dispense cannabis products in strategic locations where The Second Cup is already present. […]

Hydropothecary Corp (CVE:THCX), Aphria Inc (TSE:APH), MedReleaf Corp (TSE:LEAF) Finalize Significant Supply Deals in La Belle Province

Hydropothecary Corp (CVE:THCX) (OTCMKTS:HYYDF), Aphria Inc (TSE:APH) (OTCMKTS:APHQF) (FRA:10E) and MedReleaf Corp (TSE:LEAF) (OTCMKTS:MEDFF) (FRA:MEW) today delivered the type of news investors have been clamoring for: ironclad supply deals. With a news cycle full of vague LOIs, promises and dreams, both companies finalized distribution agreements investors can sink their teeth into. We’re near the point where contenders will get separated from the pretenders. First up, Hydropothecary announced they had become the “preferred supplier” to Société des alcools du Québec (SAQ), with a planned total […]

Aurora Cannabis Inc (TSE:ACB), Cannabis Sector Stage Huge Reversal On Follow-The-Leader Buying

Aurora Cannabis Inc (TSE:ACB) (OTCQB:ACBFF) (FRA:21P) and the rest of the cannabis sector can breathe a sigh of relief—at least for now. With Canopy Growth convincingly breaking through the key $25 area glass floor this morning, trading looked bleak in the session’s opening hour. However, a resounding and technically significant reversal commenced after 10:30am, lifting the whole sector from the depths of the abyss. If you’re wondering whether this last statement is hyperbole, we beg to differ. Forty-five minutes into today’s […]

Canopy Growth Corp (TSE:WEED) Stages Major Intraday Reversal Above Key Levels

Canopy Growth Corp (TSE:WEED) (OTCMKTS:TWMJF) (FRA:11L1) investors have seemingly said ‘enough is enough’. After delivering a major head fake this morning—crashing shares well below key support on heavy volume—bulls met the challenge by aggressively bidding shares on strong counter-volume. Should the stock finish the session near the upper third of today’s range, it will be an encouraging sign for bulls that a near-term bottom (capitulation) has taken place. Midas Letter wrote yesterday that the $25.00/share area was a key level of […]

Free Newsletter,
Priceless Content.

Get more of Midas Letter delivered right to your inbox.

Special Offer

Sign-up today and receive free and immediate access to three recently published special reports!

Free Newsletter,
Priceless Content.

Get more of Midas Letter delivered right to your inbox.

Special Offer

Sign-up today and receive free and immediate access to three recently published special reports!