Canadian companies seem like they have potential. But beware the snake oil. I've read that Phillip Morris/Altria is looking to get into the industry. Probably if the FDA clears it. DISCLAIMER: All of the information I posted here is publicly available and not insider information.
Some while ago the cig companies were supposedly in place and ready to grow, but didn't happen and now I can't remember why.
Canntrust has a lot of promise but also a lot of risk. They were busted for growing in unlicensed rooms a year ago. Just recently their licenses back. The main worry is shareholders will get wiped out during company restructuring. Ticker CNTTQ
I’ve got CRON and hexo with a little of the MJ ETF. I plan to add to MJ and look into the other funds that are coming out. Buffet says to run opposite of the herd and the “experts” are saying to avoid pot stocks so, I’m in.
Hoping he’s (and you) are right. Mostly worried about the OGI. A real long shot, but like you, “I’m in”. You got to be in it to win it!
I have CWBHF aka Charlotte's Web. Between the FDA and Covid-19 the cannabis/hemp market is tough to navigate. Today's Forcast... Partly Cloudy With A Chance Of Amber.
I’m not expecting anything in the short term but I think the industry will grow as more states ease restrictions. I’m in a buy and hold mode with these stocks.
MJ is what I own but fuck what an asswhoopin that's been. Stupid money was injected into the sector and but nobody seems to be making any profits from operations and in the end that's what matters. I wouldn't be in a hurry to buy more but I'm not the sharpest tool in the shed.
OGI finally came through for me! I'm up almost four grand after being down that much not long ago. Time to sell? edit to add: I'm now down to less than three grand profit. BooHoo!
I’m a long termer but if you think it will fall, you could sell short and by back in at the lower price if it falls.
I took another small bite of MJ at 13.15 and still holding on. The dividend isn’t bad either tho I know the fund holds some cigarette stocks. I smoke those too but I know it isn’t good.
Eh, we would be bloody messes if we always beat ourselves up over the should haves. It will come back around.
I’m on stockpile . Com for a broker and they won’t let us buy a stock under 5 bucks, it sucks. A lot of the funds overlap a lot tho I don’t know if OGI is a fund or one company, but it’s worth knowing that a lot of the same stocks are in these basket funds.