 All right, it looks like we are setting up we are setting up So as the title says I want to look at weed stocks found some interesting trades I Have a Bitcoin up right now Because I'm hoping that does something interesting. Oh, by the way, there is a trading Challenge right now on trading view if you go to trading view and if you have an account there There's the leap challenge You should check it out They'll give you you get a chance to win up to ten thousand dollars, so go to Trading view if you have an account and you qualify to trade and you can you can win one thousand two thousand I forget the the reward system, but you can make ten thousand dollars And if you are just positive in The trading account the demo that they offer will give you a free month. So shout out to trading view I am option farmers on trading view. So Definitely check them out if you already use them Kind of a free call option Okay, so I Already put on a short on Bitcoin with a stop So that'll be my trade obvious. I think you're only allowed to trade four different things Check them out. Let's look I'll get seeking alpha setup. I'm gonna look at a couple weed stocks for sure but MSOS Holdings ETF so First I'll just If you're watching this you might be interested in weed stocks the biggest weed stock One of the biggest this is not the right Is green thumb so a big shout out to green thumb I traded it when it was low it popped up I got out. I would love to get back in Let's see Trying to see where the The best listing is I don't know if that that would be it last time I checked it was green thumb I mean So FETF holdings, I think that'll give me a better Bear with me people if you're watching this on the replay There we go. So The top four holdings are right here curl leaf true leave of course green thumb When I looked at the numbers Definitely green thumb had a pretty good growth profile wasn't It is a little expensive Let me just see what I have my notes real quick since green thumb is the main dog I'll pull up my numbers Yeah, so it's about a 2% yield. So it's it's already a Bit pricey 52 PE That's why I don't jump in into green thumb But it seems to be one of the top dogs as far as As Size and decent valuation. It's supposed to grow huge earnings 25 cents For 2024 and then that's supposed to double and then double again and then it starts to slow down so a hundred percent growth for a couple years and then 25% growth it'll seems to pan out there But over five years it could be a seven-bagger And that's using the 2029 earnings per share so definitely worth looking at if it drops That's green thumb curl leaf. Actually, let's just jump in a Gtbi. Let's just look at a green thumb green thumb That had a good Friday 27 cents and 35 looks like 20 25 was adjusted down Let me log in here. All right, so Here we have green thumb industries 27 cents Which would be a really high PE if it never grew again and then 2025 37 cents. So I like to look at the five years What's the what should the stock be worth in five years? It's a seven PE If you buy it today, it could be double or triple from there, but it looks like it has a steady Growth rate gt Let's look at green thumb on the weekly So yeah, I was trading it down when it was cheaper when it was beat up below the 200 day moving average now It's above it held that 200 day moving average. It looks strong, but unfortunately the valuation Just doesn't really look as attractive Price the cash flow 13 You don't need that price to sales three But like we said About a 50 PE I would love to see it pull back And that's green thumb Let's look at one more We're gonna go off the MS OS ETF list because that seems to be the most popular Successful ETF right now. They closed PSDN, which was the leveraged weed stock one coral leaf Coral leaf earnings estimates. Okay, so coral leaf loses money for the next three years. That's bad And It's already pricing in the 17 PE for 20 27 5 PE for 20 29 So really you're gonna lose 30 43 44 cents Until it makes money So I would love to see a pullback and Even then you're speculating on the value. Let's see the cash situation Wow, so they have a billion in debt and they only have a hundred and eighteen in cash So that might be a problem if they're gonna lose that much money So I'm not too happy to see them losing money like that. So that would be a red flag Coral leaf. So let's look at true leave This would be the third biggest. Wow. I had a big fright. I didn't it True leave used to be over $50. It's now 10 was as low as four bucks Lot of strong buys a They're also gonna lose money for three four years. That's even worse I'm gonna look at their cash situation real quick Who's gonna pay for those losses? That's the question Total debt almost eight hundred million 200 million in cash So that's not so hot. So you see all these Are losing money Barano Except green thumb and then I'm gonna look at a cigarette, but once D-value play once we get through these this was $20 at one point went down to two They had a bad Friday Interesting. I'm also looking to trade some overnight futures. So Bear with me Feel free to throw in a comment if you're looking at a symbol And you want to have it checked out. So Barano holdings They lose money for two years and then they have a small gain according to analysts so Better than some of the others Let's see the cast it cash situation So they have less debt which we like, but I still would not be interested Mine nothing really jumps out All right, not the one that's not on here that I do want to look at is ACB I know it's a money loser also Aurora cannabis They're gonna lose this year and then they stop the bleed but What's their cash situation a hundred and twelve million and 77 That I want to look into because on my so much on my trading view It showed something else The trading view I have tangible book value and this stock was trading below tangible book value So that alone wouldn't be too exciting except that when I look at the Total current assets This is total current assets three hundred and six million Minus total liability so current assets are liquid assets total liabilities There's about a hundred million in working capital and the market cap is only 48 million So that tells me that might be some Might be overly beat up But I need to confirm that Quarterly total current assets three oh six Three oh six and where's that not the total current but the total liabilities, okay And then is there any preferred stock? I don't see any preferred stock So it might be undervalued On the balance sheet, but it's gonna lose a dollar and earnings this year so That might be priced in Either way I put on a trade on this one and It's beat up it's below the 200-day moving average where the Bollinger Bands it's at the Bollinger Bands So who knows my it might rally it might not just in case I put on a synthetic they just did the reverse split and They probably diluted shares But Hopefully they don't need to anymore, but it was worth a shot. That's I'm not recommending this. This is this was just a gamble. I'm not recommending it to anyone. I can't recommend it to anyone but price to sales 72 and they have negative cash flow. So it doesn't matter what the price of cash flow is That is ACB. Is there any other wheat stocks? I know like Tilray What's Tilray that was a Mimi stock they lose money for three years Tuesday look at the balance sheet. Let's see They have more debt than cash nothing special, but they bleed money What was the other one sundial? Sundial is another one That's beat up, but do they lose money? They might stop losing money soon. That's interesting. What's the valuation? So sundial not too cheap. I bet you they have a lot of heavy on cash and primed for a recovery That was this month Interesting so there they might be making money according to analysts this year, which would be Great for them 20 24. They're supposed to make 8 cents 17 PE. So it would be roughly fair value Relative to the S&P 151 cash 125 debt So that cash helps the valuation to slide them out and maybe if they start making money, that would be good Let me look at what sundial Even says they they do production distribution and the sale of product Four segments liquor cannabis retail cannabis operations and investments Let's look at their website. I'm gonna have to add them to my watch list We'll see what they do That's not loading fast enough Okay, that'll that'll be interesting. Let me see what other Me make sure don't miss. Oh cron. That's another one Cgc Cron loses money. So I'm not even gonna bother Cgc cron canopy growth Also losing money for a while. I Don't really want to play with the losers. Let's just do a all right interesting. So the largest Weed companies by market cap cura leaf green thumb innovative industrial True leave and Burano holdings till right II PR. I haven't looked at yet Let's just do that real quick. That one actually makes money Is this a reed? It looks like a reed That's interesting. Yeah, it's an industrial reed Regulated cannabis facilities. So that's an interesting way to play it. I'm not interested 7% yield well, okay. Well, I mean, I guess I may as well add it for the list just to track II PR Good to know Good to know and then where's wasn't there weed maps? weed maps technology That doesn't look too bad. Let me just look at the balance sheet real quick. Looks like they'll start to make money. They're still expensive 34 million debt 27 cash Not great. So it's definitely not cheap. They're pricing in the growth Way out. So it's it starts to get cheap four to five years out. So and We'd maps what do they do? I think they show you the locations of different cannabis stores So as more and more places legalized that would be Good for them. I'll look at MS OS. Who knows what will happen here, but looks like Around ten dollars is an important level ten dollars. So Hopefully it drops again and I would like to trade it 50% lower right We wouldn't let's do MS OS versus the S&P Yeah, huge huge disappointment okay, so Those are the largest weed companies, that's the list we'll keep track on it and Think I'm gonna end it for now. That is the weekend research on cannabis