CANNAINVESTOR Magazine May 2017 - Page 164

164

Ianthus Capital Holdings INC. (OCT: ITHUF)

IANTHUS is a very interesting stock in that if you are bullish the US cannabis market this company is, in my opinion, very likely to succeed. It acts as a financing arm for various cannabis plays and I love the idea of getting a stock that has and will have exposure to various aspects of the emerging cannabis market. I also can’t help but love the stock chart. After going on a tear (noticing a theme here) it has made a series of higher highs and higher lows (the best indication of an uptrend). With share price, RSI and MACD all turning positive / breaking out I find this an extremely interesting spot for the stock and I circled the significant increase in volume because in my opinion it only confirms the other positive divergences for the stock.