Analysis originally distributed on January 24, 2018 By: Michael Vodicka of Cannabis Stock Trades
There are fewer things that can send a stock soaring like a buyout. And right now - I see a wave of buyouts ready to pop off in the cannabis sector - and I want to show you how you can profit.
When one company buys another company - shares of the company being bought usually surge higher.
Let me give you a recent example.
On January 18, Celgene Corp. (CELG) announced it would buy Juno Therapeutics (JUNO), a promising young biotech for $85 per share - a 91% premium to its share price at the time of the announcement.
That sent shares of JUNO soaring 91% in just seven days - giving JUNO shareholders a big gain in a very short amount of time.
Today - I see a big wave of buyouts coming down the pike in the cannabis sector and I believe it is creating another awesome opportunity for big profits. Continue reading "7 Canadian Cannabis Stocks that Could Soar"