$CGC Stock Bullish Option Flow Detected

  • Post category:Options Trading
  • Reading time:6 mins read
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Guerilla Stock Trading detected bullish option flow in CGC stock on September 14, 2021.

Cgc Stock Option Flow

Please review this lesson on option flow so that you understand the image above.

Canopy Growth call volume above normal and directionally bullish

On September 14, 2021, bullish option flow was detected in Canopy Growth with 19,733 calls trading, 5x expected, and implied vol increasing over 3 points to 61.99%. Dec-21 $17.50 calls and Oct-21 $20 calls are the most active options, with total volume in those strikes near 11,500 contracts.

Introducing whisl, an Innovative CBD Vape Designed to Manage Your Mood Throughout the Day

SMITHS FALLS, ON and NEW YORK, Sept. 14, 2021 /PRNewswire/ – Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) (“Canopy Growth” or “the Company”), world-leading diversified cannabis, hemp, and vaporization company, today announced the launch of the company’s first-ever CBD vape, whisl. This sleek, nicotine-free CBD vaporizer is designed to deliver the wellness effects of CBD from the morning, throughout the day, and into the night.

Canopy Growth Corporation Introducing Whisl An Innovative Cbd V
Introducing whisl, an Innovative CBD Vape Designed to Manage Your Mood Throughout the Day. (CNW Group/Canopy Growth Corporation)

With an innovative design that incorporates custom, interchangeable pods, whisl offers three uniquely formulated options to help consumers dial into their desired effect – focus, calm, or winding down before bed – as their needs and activities shift throughout the day, including:

  • Tune In Pod: Focus on the task at hand.
  • Intermission Pod: Relax throughout the day.
  • Fade Out Pod: Get ready for bed.

Crafted with Canopy Growth’s category-leading science and rigorously tested for quality, safety, and efficacy, whisl offers a convenient and immediate way to manage your mood and experience the benefits of CBD – conveying effects within seconds or minutes as compared to longer onset CBD ingestibles.

“At Canopy Growth, we are pioneering the concept of using CBD to help consumers manage their moods at any given the time of day,” said Andy Lytwynec, Vice President, Global Vape Business at Canopy Growth. “With whisl, we want to empower consumers to quickly achieve focus, calmness or prepare for sleep with a modern CBD solution that is fast-acting and can fit seamlessly into anyone’s daily routine.”

Each whisl pod contains 200 mg of premium CBD isolate, a purified form of CBD sourced from licensed hemp providers within the United States, and no THC. Whisl devices come in two sleek colorways – Warm Grey and Deep Blue – and feature a rechargeable aluminum battery and a host of industry-leading safety and quality features, including:

  • Automatic shut-off temperature control
  • Precise glass-atomizer heating
  • UL-certification
  • Rigorous third-party testing and inspection

Through an exclusive partnership, whisl will be available on store shelves at 3,000+ Circle K convenience stores nationwide beginning October 1 – marking Canopy Growth’s largest national retail launch yet. With an MSRP of $39.99 for the starter kit and $19.99 per package, whisl delivers an effective way to harness CBD wellness at an accessible price point.

VIDEO CGC Stock | Costa Group Holdings Ltd Q2 2021 Earnings Call

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TheChartGuys gave their opinion on CGC stock on August 28, 2021.

CGC Stock Chart and Technical Analysis

CGC stock chart screams HELL NO! The stock is in a downtrend, continuation pattern. The money flow is in free fall as investors capitulate from the pain of the downtrend and bail on the stock. This stock has burned many traders over the last 6 months, and it will take a while for confidence in the stock to be gained again.

Cgc Stock Chart
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