Can we talk about the weed industry? Companies are making giant moves all over, its clear that this is going to be the next trendy thing in the recreational and healthcare markets
So far we have crazy partnerships happening
>Canopy Growth + STZ Constellation Brands >Cronos group + Altria >Tilray + Budweiser >Aurora + Coca Cola (speculation)
Other great companies doing well are Organigram, Hexo, Canntrust, Emblem and Aleafia, Radient technologies, and many others
American focused companies include Acreage Holdings, iAnthem, Green thumb industries, and MPX
There are also pre-clinical bio pharma weed stocks. I am personally bullish on these as I believe they will distrupt the Pharmaceutical industry and at the same time combat opioid addiction, killing two birrds with one stone. Tetra bio pharma, Nemus Bioscience, and Inmed Pharma come to mind
I'm more bullish on the smaller US plays for now, despite the surge on the Canadian tickers.
Short attack that had some truth to it. Mostly false but there was enough there with substance to shake investor confidence and temper expectations. CEO quit. Good assets though. It'll be a buy out target if nothing else.
Look at the float. There are 998 million shares out. It takes a fuck load of money to move the fat bastard.
Cameron James
BUY CRON DO NOT THINK JUST BUY Seriously though, CGC is good but have ballooned too much for the lowly investor making min wag, get in CRON and watch your earnings grow
Josiah Martin
The execs quietly made a separate company, bought up properties in latin/central american countries that are worth around $50k and super easy to get licenses in, Aphria acquired said properties+licenses for tens of millions in stock so they could quietly sell off the stock. Dumb dumbs who know nothing about the industry think those properties are still worth tens of millions. The people who think it's FUD without merit are the same who who think the execs of MedMen are legitimate
Carson Russell
how can you say that? cron is starting to seem crazy overvalued
Eli Sanders
NO ONE WANTS WEED FROM "CORPORATIONS MAAAAN". It defeats the purpose of "natural medicine".
Look into natural/organic/non-gmo corporations and mom & pop shops. No DUDEWEED will buy from Budweiser, Coca Cola or Big Pharma lolll. Medical Marijuana is against pharma & corporations.
Look into organic/natural/non-gmo companies. That's where hippies will buy from.
yeah no, youre a retard. the "corporations" are buying up all the small craft growers.
Julian White
>I'm more bullish on the smaller US plays for now, despite the surge on the Canadian tickers.
Which are you looking at?
Jayden Bell
Isn't this a good reason to invest in the little guys?
Daniel Price
Doesn't matter dumbfuck. Demand will sprout only organic hippie approved companies. Hippies won't buy from corporations. Certain small companies know this and won't be bought. They hold a monopoly of having no shitty reputation or shady ties, like corporations. You disgustingly stupid idiot.
Hippies consist of what % of the weed consumer population exactly?
Grayson Taylor
You're half a retard, regulatory frameworks like Prop 64 in CA, limited license states like PA, NY, MD, IL, FL, are just eliminating small businesses from the start. Hardly any of the big corps give a shit about small operations in open license states.
Yes they will, they buy from Native Roots, Livwell, Jungle Boys, Oregrown, etc, stoners will buy whatever is the cheapest. No matter how much Eagle 20 was sprayed on it, or how shitty the genetics are. Of course there is still the market that pays attention to organic certifications, but it's not the everyday stoner.
And your post also implies that the biggest market will be DUDEWEED stoners. That's not true. It will be a mix of boomers and soccer moms.
Now that everyone is talking about it I know it's not the right time to buy.
Jonathan Russell
I have some ACB set to buy if it drops below 6.90 tomorrow Honestly bet on a whole bunch rn if you're looking for long term investment rewards. One of them is eventually going to become either the amazon of weed (or be bought by amazon).
Josiah Brown
Why is no one talking about Aurora Cannabis (ACB)?
I know it has a huge amount of shares outstanding but theres still room for growth right?
Kayden Edwards
You're an idiot if you think the biggest market for weed is "hippies".
Ian Howard
>"hippies" It's like somebody in the 1400s saying that nobody besides indians are gonna want to buy tobacco so why bother bringing it to europe
I like how they make it sound as though these people aren't entitled to do whatever the fuck they want with the wealth they generated. "Haven" from whay exactly? Government that will take their money and reistribute it to niggers and peasants? Aka fucking theft?
Yes, the wealthy put their money in places where it won't be stolen. What a fucking shocker! Like its any surprise they are pro open borders "shitlibs", they are trying to destroy the countries which are constantly trying to fucking rob them!
Luis Myers
Also weed stocks are insanely overvalued atm. Think altcoins December 2017.
Wait for the pullback. The IPO on lots of these were overvalued by a factor of 10.
Yes weed will be huge....so will crypto....but it needs to correct first
James Lee
open borders is good for the rich, larger markets, less cost to import/export It's the forgone conclusion to the information age. You may as well try to shut down the internet and get everyone to use cup and strings.
Lincoln Diaz
I'm no marxist but at a certain point you must realize that the wealth they're operating on is the property of the nation and should be used thusly, not stored in a vault or smuggled away indefinitely.
Ryan Thompson
How do you think the earnings reports will go? I don't believe that they've had one since pot was legalized in Canada right?
Sell before or after earnings reports?
Hunter Jenkins
ORHOF is by far the best weed company you can buy stock of.
Cameron Lewis
What does everyone think of Tilray?
Brody Wilson
>uhg I'm new to stocks because crypto is down the fucking post
Cresco Labs, Curaleaf, Trulieve, iAnthus/MPX, Green Thumb Industries. Some of these have already run pretty hard and are not in great entry positions. I think Cresco is still a good buy at current levels.
Lucas Mitchell
>How do you think the earnings reports will go?
Poorly. The roll out of recreational sales in Canada has been circus. Supply shortage, supply bottleneck over the weed that's actually getting shipped to retail, Ontario won't have any brick n' mortar shops until April. BC not much better.
Angel Turner
Yikes I doubt it will pullback that hard.
Eli Hughes
>Going to be Mate you're already 3 years too late to the party. You needed to invest into weed and weed-related stocks in 2016, my dude
Eli Ward
This. Buy Altria instead. It has fat earnings yield and will shoot up if US ever legalizes pot.
Alexander Roberts
Nows the time to get in on heroine stocks, if those exist. Controlled legalization is definitely coming, there's been a huge change in the zeitgeist across the political spectrum and throughout the media.
Easton Cook
>Buy Altria instead
Speaking of which, Altria is just getting start on an oversold bounce.
Xavier Lee
I turned 3$0K into $250K with weedstocks in the last few years. The brunt of it came from buying Aurora at $0.50, and about 40% came from buying small moonshot companies.
Right now there has been good money being made in the large companies. Money will begin to flow into the small caps. My current small cap play is Halo Labs, a US extraction company with massive contracts that will put their gross revenues in the $50M-$90M range. If their new products have good margin, this company stands to have a massive uptick in valuation and share price.
Aiden Campbell
Don't get burned by the penny stocks. Stick with NYSE/NASDAQ like CGC CRON ACB APHA TLRY. Set tight stop limits because the swings are absurd, while I was up 10k today I've had days where I've held and loss even more. Opportunity cost is huge right now until the market is realized and stabilizes.