Cannabis stocks falling

Aphria Inc (C:APH)
Shares Issued 232,005,434
Last Close 8/13/2018 $9.64
Tuesday August 14 2018 - In the News

Also Canopy Growth Corp (C:WEED) In the News
Also Aurora Cannabis Inc (C:ACB) In the News
Also Newstrike Brands Ltd (C:HIP) In the News
Also Cronos Group Inc (C:CRON) In the News

The National Post reports in its Tuesday edition that Ontario is abandoning the previous Liberal plan for a government-owned monopoly on legalized marijuana sales. The Post's Geoff Zochodne writes that the provincial government's proposal for recreational cannabis aims for on-line sales by the province at first, but eventually to allow for the private sector to open bricks-and-mortar pot shops. Finance Minister Vic Fedeli said: "The Government of Ontario will not be in the business of running physical cannabis stores. Instead, we will work with private-sector businesses to build a safe, reliable retail system that will divert sales away from the illegal market." Monday's announcement follows the election of Premier Doug Ford and the Progressive Conservatives and reverses the plan of the previous Liberal government, which wanted to give the Liquor Control Board of Ontario a monopoly on the sale of recreational cannabis. Under the new approach, Canada's most populous province will still start selling cannabis on-line on the legalization date of Oct. 17, using a website run by the provincially owned Ontario Cannabis Store (OCS). The OCS will act as wholesaler and provide cannabis to the private-sector stores.

© 2018 Canjex Publishing Ltd.

AM 

Buy And Sells Aphria

As we mentioned we expect APH to continue to make lower lows during the run up to Oct 17 2018
WE were out of the stock July 31 , not taking the risk of bad news on the August 1 Financials.

That was a wise choice for those of us that stepped out.

The GREEN circles below show the support levels in the last 12 months We have a long way to fall without positive momo on Cannabis Stocks and specifically APH. 

House Positions for C:APH from 20180813 to 20180813

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	1,019,096	9,952,960	9.766	1,176,254	11,503,432	9.78	-157,158	1,550,472
4 Cantor Fitz	0			101,200	973,483	9.619	-101,200	973,483
13 Instinet	69,874	681,189	9.749	137,829	1,348,868	9.787	-67,955	667,679
72 Credit Suisse	3,800	36,980	9.732	61,349	603,444	9.836	-57,549	566,464
39 Merrill Lynch	96,141	934,877	9.724	152,397	1,482,598	9.729	-56,256	547,721
2 RBC	454,081	4,428,410	9.752	495,549	4,850,341	9.788	-41,468	421,931
65 Goldman	1,600	15,472	9.67	30,500	302,797	9.928	-28,900	287,325
22 Fidelity	38,630	380,927	9.861	60,284	578,125	9.59	-21,654	197,198
53 Morgan Stanley	20,190	196,703	9.743	41,200	399,071	9.686	-21,010	202,368
143 Pershing	18,918	183,032	9.675	33,724	329,419	9.768	-14,806	146,387
99 Jitney	49,600	486,223	9.803	62,400	614,234	9.843	-12,800	128,011
15 UBS	1,306	12,618	9.662	6,269	60,617	9.669	-4,963	47,999
33 Canaccord	141,488	1,385,835	9.795	145,671	1,416,491	9.724	-4,183	30,656
36 Latimer	981	9,480	9.664	1,838	17,918	9.749	-857	8,438
18 Echelon	0			850	8,236	9.689	-850	8,236
94 Hampton	0			419	4,194	10.01	-419	4,194
76 Industrial Alliance	100	965	9.65	200	1,972	9.86	-100	1,007
28 BBS	3,613	35,396	9.797	3,203	31,196	9.74	410	-4,200
88 Credential	1,275	12,376	9.707	400	3,884	9.71	875	-8,492
59 PI	3,282	32,002	9.751	2,207	21,569	9.773	1,075	-10,433
19 Desjardins	32,014	312,975	9.776	29,362	284,578	9.692	2,652	-28,397
57 Interactive	5,779	56,468	9.771	2,117	20,617	9.739	3,662	-35,851
74 GMP	5,000	48,950	9.79	0			5,000	-48,950
14 ITG	11,673	113,012	9.681	6,476	63,341	9.781	5,197	-49,671
70 Manulife	5,275	52,763	10.002	0			5,275	-52,763
56 Edward Jones	5,650	54,792	9.698	0			5,650	-54,792
101 SG Capital	10,150	99,830	9.835	4,400	42,885	9.747	5,750	-56,945
80 National Bank	32,392	316,882	9.783	18,449	181,604	9.844	13,943	-135,278
58 Qtrade	30,040	295,122	9.824	12,599	125,465	9.958	17,441	-169,657
9 BMO Nesbitt	180,127	1,758,887	9.765	159,487	1,547,983	9.706	20,640	-210,904
89 Raymond James	60,434	590,042	9.763	39,624	387,360	9.776	20,810	-202,682
124 Questrade	165,627	1,618,111	9.77	114,029	1,106,231	9.701	51,598	-511,880
79 CIBC	1,033,169	10,098,409	9.774	955,563	9,343,975	9.779	77,606	-754,434
85 Scotia	359,671	3,521,296	9.79	220,375	2,152,002	9.765	139,296	-1,369,294
7 TD Sec	814,887	7,953,094	9.76	599,639	5,868,148	9.786	215,248	-2,084,946
TOTAL	4,675,863	45,676,078	9.768	4,675,863	45,676,078	9.768	0	0