The 60% Rule is a great guideline to help determine whether the market is going higher or lower. It is based off the idea that the stock market averages one-third (60%) of the gain or loss of the previous day. The 60% Rule also factors in the 50% rule (Gaps in the market are half of the previous day’s range). Now, if the market closed higher the previous day, it will be the average of the range of today’s close and the previous day’s high.
If you’ve followed my “How I Lost 35 Lbs.” post this week, you know that I got to 36 lbs. in 2 days. The good news is that I lost all my excess water weight and my body fat percentage went up. I can see the difference. I know that if I keep eating the way I’m eating now, I should be able to get to 40 lbs. in 2 days, but I’m going to hold off until I get the chance to get to 40 lbs. in 2 weeks.
Mergers and acquisitions (M&A) in the cannabis sector continue to gain momentum. This is a trend that investors should keep an eye on, as it offers the possibility of quick gains. Any recent findings? Harvest Health and Recreation (CSE: HARV, OTC: HRVSF), one of the largest cannabis companies in the US, made a 35% jump in five days after announcing the purchase of Trulieve Cannabis (CSE: TRUL, OTC: TCNNF), also a US cannabis production giant. Shares of Harvest responded with a sharp rise. The stock is up 35% in five days. Harvest Health and Recreation6-Month Plan (CSE: HARV, OTC: HRVSF).
Harvest is the latest in a series of transactions in the cannabis sector.
- Liberty Health Sciences (OTC: LHSIF) made a 124% jump in three weeks after it was acquired by AYR Strategies (OTC: AYRWF).
- GW Pharma (NASDAQ: GWPH) jumped 45% in one day after it was acquired by Jazz Pharmaceutical (NASDAQ: JAZZ).
Investors are now asking themselves an important question. Who’s next? I see an early market leader that appears to be an excellent acquisition target based on three key factors. Columbia Care (CSE: CCHW, OTC: CWBHF) is an early pioneer in the rapidly growing cannabis industry in the United States. Columbia, headquartered in New York, NY, is one of the largest cannabis companies in the United States, with a market value of $1.7 billion. Columbia Care has an impressive portfolio of cannabis-related assets. Colombian care:
- is present in 18 US states and the European Union.
- has 76 clinics and 24 cultivation and production facilities.
- just reported third quarter revenue of $54 million, up 64% from the previous quarter and 145% from the prior year.
3 reasons why Columbia Care is a good buy
#Colombia is the ideal size to take over a company. Columbia has a market capitalization of $1.8 billion. This makes Columbia one of the largest cannabis companies in the United States, but it is still significantly smaller than the largest companies in the industry. Curaleaf Holdings (CURLF), for example, has a market value of $10 billion. Columbia’s small size is ideal to take on one of the largest companies in the industry. #2 – Columbia offers access to New York’s growing cannabis market. Columbia already has a presence in New York City, where cannabis will become legal for recreational use next year. Columbia currently owns and operates four medical cannabis dispensaries in New York City. Last month, Columbia announced the purchase of a cannabis cultivation site in New York for $42.5 million. This is a huge cultivation site with an estimated total production capacity of about 1 million square meters in the coming years. The purchase of Columbia would be a quick and easy way for the largest cannabis company to access New York’s fast-growing cannabis market. #3 – Columbia seems undervalued compared to its peers. Columbia has an attractive buyout rating. Columbia’s price/sales ratio is 8. This is a solid reduction compared to the largest companies in the sector. For example, Curaleaf has a P/S ratio of 11 and Green Thumb Industries (CSE:GTII, OTC:GTBIF) has a P/S ratio of 10. This low P/S ratio makes Columbia a bargain for a potential buyer.
PlanPlan
Columbia shares have rebounded sharply in the past 12 months after a strong rebound in 2020. However, the stock has been down for most of 2021, quoting about 25% below its historical high. Buy a drop? In the short term, I expect more volatility. In the long term, however, I expect the upward trend to continue. 
Overview of Columbia Care and its possible acquisition
Mergers and acquisitions in the cannabis sector are on the rise, and Columbia Care appears to be an ideal target because of three key factors. Columbia Care is reasonably sized, offers quick access to the growing cannabis market in New York, and the company has an attractive valuation. Meanwhile, Columbia Care is 25% below its 52-week high. Best,Michael Water Editor, Cannabis Effects Trading
About the author and cannabis stock trading
Michael Wodicka is an equity analyst with over 20 years of trading and investment experience. His research has received attention in some of the industry’s most respected publications. He has been investing and managing investors in the cannabis sector since 2013. 
Mr. Vodicka offers his experience and advice to Cannabis Stock Trades members. Sign up for Cannabis Stock Trades and receive exclusive analysis from Mr. Water, trade alerts and a sample portfolio.
Frequently Asked Questions
What’s the most weight you can gain in 2 days?
In an effort to make us feel better about ourselves, we’ve been told for years that it is impossible to gain weight too quickly. But with the advent of high-intensity interval training (HIIT) as well as other weight loss techniques, it’s definitely possible to gain weight too quickly. Some of these methods increase your resting metabolic rate (RMR), pack on muscle, and amplify your body’s tendency to store fat. As far as weight gain goes, there is no limit to how much you can gain if you eat enough fast food. However, if you are going to gain as much as possible, you would need to eat five McDonald’s items (or some combination of those items, depending on the time of day and type of food consumed) in one sitting. It is not easy to gain that much weight in a short span of time. You would need to eat over 10,000 calories in one day, which is nearly double the amount recommended by the FDA, or eat about 10 Big Macs from McDonald’s—each containing 540 calories—in a single sitting.
Why have I gained so much weight in a short time?
I’m not even close to being a perfect example of the average weight gainer. In fact, I’m probably one of the exceptions to the rule. And that’s what makes my story so interesting. To start, I’m what most would call a normal weight. I’ve never been obese, nor have I been a vegetarian. I’m not a trainer, and I couldn’t care less about achieving a six-pack, so I have no idea how much of my weight is muscle versus fat. I can only say that I’ve gained about 35% of my body weight in the past five years. This text is sensitive. Try generating new copy.
What causes rapid weight gain in females?
Our bodies have an amazing ability to regulate our weight. When we exercise, our metabolism accelerates, which burns calories. We don’t notice the calorie burning until it has increased by at least 20% on a daily basis (which is an extreme amount of daily exercise), but the body’s natural ability to burn calories is what is called an adaptive mechanism. On the flip side, when we eat more calories than we need, the body stores them as fat, which is an adaptive mechanism for survival. The key to successful weight loss is learning how to control our weight through healthy food choices, and turn the body’s natural ability to store calories into a healthy weight loss. After years of relentlessly pursuing weight loss, it is possible that the weight you have lost is getting too small for you to maintain, and that your body needs to gain more weight for it to stay strong. The weight you gain is the amount of fat you need to keep your body at your ideal weight for as long as possible. So if you wish to always be at the same weight, keep the fat on your body at the same amount.
Related Tags:
Feedback,excessive weight gain in a short period of time,i've gained weight and i feel disgusting,i've gained so much weight during quarantine,i gained 10 pounds in 2 weeks,why did i gain 10 pounds in a week,i gained 20 pounds during quarantine,why am i gaining a pound a day,why am i gaining weight when i barely eat
