/WSG/ - Weed Stock General

[Anonymous No.13023284]

At what point do you plan on getting in? When cannabis companies are at $20 a share? $50 a share?

How do you not see the weed industry is the next big industry to moon? It will soon be the 12th sector in the overall stock market.

Strike while the iron is hot. The next year or two may be your last chance to get in at the bottom...

Lets here your weed stock picks.

[Anonymous No.13023359]

haha okay ill start:

MJNA
ACAN
TRTC
TGODF

I have also steadily been buying into MJ - Alternative Harvest ETF. This thing is loaded with Canadian cannabis companies that have already made it.

[Anonymous No.13023806]

>>13023284
You're about 4 years late to the party dude.
Unless you have inside information that a country is legalizing in the next 2 years or so

[Anonymous No.13023831]

>>13023806
Ive been in it for 2 now.

Every year, more and more states in the US are making it legal. Its only a matter of time before it becomes federally legal. 5 years max.

How is anyone late to the party when a majority of US cannabis companies are sub $1?

[Anonymous No.13023850]

Google "REFR"

[Anonymous No.13023861]

>ACB
Quality product, second largest in the sector in Canada, investing heaps into emerging markets globally. Expected to be the first profitable company in the sector as early as late 2019.
>HEMP.V
Owned 51% by ACB and will be generating mass quantities of CBD oil, an emerging natural remedy for a number of ailments
>MWM.CN
cannabis waste company with a patented technology for what is currently the cheapest and most eco-friendly way of disposing of cannabis waste, also partnered with ACB but not exclusively. Good news expected to be announced soon.

[Anonymous No.13023922]

>>13023861
Interesting. I am going to take a look into ACB as I have heard good things so far.

[Anonymous No.13024030]

>>13023831
It’s all hype. Once it’s legal for everyone to grow their own and they realize that it’s easier than growing tomatoes, nobody is going to buy from shops and all of these companies will go bust. The hemp industry is a different story.

[Anonymous No.13024057]

>>13024030
>that it’s easier than growing tomatoes

Yet most people still buy their tomotaoes from corporations

[Anonymous No.13024108]

>>13024057
Tomatoes don’t get you high. I don’t know anyone that has a daily tomato habit.

[Anonymous No.13024118]

>>13024108
People get their booze and cigs from corporations too

[Anonymous No.13024124]

>>13024030
damn dude get REKT
>>13024057

You can also grow tobacco but people dont do that.

There are so many strains and variations that most people are going to buy them from a professional grower (aka a company).

I think 2-4 cannabis companies will dominate the industry and buy up the others. Its just figuring out which they will be.

Of course there are other aspects you can invest in as well:
>Marijuana real estate
>Marijuana marketing firms
>Marijuana hydroponic equipment

[Anonymous No.13024126]

Yes goy, buy at the top

[Anonymous No.13024135]

>>13024118
It’s way easier to grow weed than distill good booze or grow good tobacco.

[Anonymous No.13024163]

>>13024030
>>13024108
>>13024135

[Anonymous No.13024174]

>>13024030
>>13024108
>>13024135
>what is business?

[Anonymous No.13024212]

>>13024174
In order to sell a product, it has to be more difficult to produce than a fucking dandelion.

[Anonymous No.13024216]

>>13023284
Eventually too the retail price point is going to bottom out greatly impacting profits.

[Anonymous No.13024267]

>>13024212
holy shit

[Anonymous No.13024342]

>>13024212
>>13024212
in order to sell a product, you must HAVE a product that people want. supply and demand you fucking idiot.

just because it's easy to grow doesn't mean people still won't pay for it.

>people pay to get their credit report "fixed"
>people pay for tarot readings
>people pay higher prices for things on the internet when you can most definitely get it cheaper in stores

>what is product arbitrage?
>what is convenience fee?
>what are well known and trusted products?
>what is quality control?

people have good reason to pay for things and buy things rather than doing it themselves.

i've grown weed. i had the right soil, the right nutrients, bought good strain seeds, 400w sun light, timer, tons of distilled water..... did some research, trials, and many errors. shit wasn't that good. i'm not an expert. as a matter of fact, i sucked at it. i'd MUCH rather pay jamal $250 for some obviously good weed. and i would MUCH MUCH rather safely walk into a dispensary and GLADLY pay for high quality, top shelf, grown to perfection weed, plus tax. i know where it's coming from, i know it's quality controlled... i trust it.

[Anonymous No.13024384]

>>13023284
IIPR anyone? Been in and out since IPO. Now holding since 30. Looks like management is excellent and there's lots of room to grow. I'm thinking 500+ in a few years with rapid legalization and the need for grow house financing. Especially since they will need to get that financing and property prior to legalization.

[Anonymous No.13024418]

Weed is not easier than tomatoes, kek

You also have to cure and dry it for months. You think people will wait to do that themselves? Some will, but the majority? We live in instant gratification.

[Anonymous No.13024422]

>>13024384
Do they own the buildings or just provide funding?

[Anonymous No.13024443]

>>13024418
yeah that is such BS, its the same anon here always bringing up that retarded argument

[Anonymous No.13024627]

>>13024443
if you think you can throw weed seeds in dirt and grow high quality weed, you're a fucking moron.

[Anonymous No.13024658]

>>13024384
what makes you think 500+ ?

[Anonymous No.13024706]

>>13023284
All in on invictus MD

[Anonymous No.13024722]

>>13024212

[Anonymous No.13024843]

There is no doubt it may take a few years before you see big returns on your money if you buy American cannabis stocks. But right now everything is so cheap...you can buy 1000 shares for ~$50 with a lot of companies. Spread that out over 5 or 10 different companies and it may pay off big for you down the road.

We see whats happening with Canadian companies, why do you not think it will happen in America?

[Anonymous No.13024903]

>>13024706
https://www.prnewswire.com/news-releases/invictus-md-announces-submission-of-its-application-to-list-on-nasdaq-and-share-consolidation-300780198.html

Probably a dumb question--but what implication does going to NASDAQ have if I want to invest in Invictus? Would there be any benefit if I bought shares now on the Canadian exchange or should I just wait til its on NASDAQ

[Anonymous No.13024923]

>>13023806
>>13023831
>>13024030

Everyone always says this "you're too late to the party" as a means to cope. They're trying to justify not investing, it's their way of reassuring themselves - "heh yup, I'm too smart to invest now," meanwhile the stocks keep going up.

People did this with Disney, with Amazon, with Bitcoin, with literally every successful thing ever. "Heh, na man, you're too late to the party. No use now!"
>2x later
>5x later
>10x later
>see told you, no use buying in now!

/biz/ is the king of cope

[Anonymous No.13025032]

>>13024124
This.
Look what happened in Canada the last 2-3 years to get an idea.

[Anonymous No.13025207]

Been in Canada invested since Jan 2016. Cam tell you the U.S and the world opening up is going to be Very Big opportunity. Crypto and MJ sectors will be our ticket. Just keep in mind U.S still has yo have its recession with slowing gdp. So use that as opportunity to accumulate MJ State mso stocks. S&p being the btc equivalent of all stocks/ index when it goes down. Use ur brains bizlets. Big opportunity ahead. Rn crypto is coming back

[Anonymous No.13025257]

what are some of the early US marijuana top contenders I should be looking at?

[Anonymous No.13025566]

bump for curiosity

[Anonymous No.13025584]

>>13023284
MJ is the only thing you need. I'm all in clown future
> MJ
> BOTZ
> ROBO
> FIVG
>CRSP

[Anonymous No.13025858]

What about a weed based ETF?

Am looking at: https://www.etfmj.com

[Anonymous No.13026610]

>>13024843

what should i be looking into?

[Anonymous No.13026630]

>>13023284
It would be good to get in now but which weed stock will explode?

[Anonymous No.13026657]

>>13024903
I assume it's will be more expensive once I nasdaq but there's a 5:1 reverse coming to get them there.

I'm buying 75% of my position before the reverse and 25% after incase there's some volatility to take advantage of but overall 100 mil market cap is just too damn cheap to not make money off them. They have 189,000 Sq ft of capacity, they should be worth 3 or 4x that just to bring them in line with other valuations. That's 18,900 kg/yr which even at spot should be 35 mil in sales by the end of the year.

Confident I'm gonna make a mint on this one desu.

[Anonymous No.13026665]

>>13023284
I have 26k on lvvv anyone else>?

[Anonymous No.13026678]

DUUUUDE. WEEEEEED. lmao. We-ed are going to be rich! Think about it man, the investor suites don't touch WEED, it totally isn't all hype what a great investment. lmao WEEEEEEED

[Anonymous No.13026688]

>>13023284

Because Tobacco Companies will eventually Produce themselves Weed Cigarettes eventually so im gonna hug my Altria stocks

[Anonymous No.13026727]

Supply and demand economics. The second the fed legalizes weed the price is gonna tank. That's why prostitutes lobby to keep prostitution illegal, restricts the supply, keeps it lucrative.

[Anonymous No.13026824]

>>13026688
Joints and cigarettes aren't the only marijuana product

[Anonymous No.13026857]

>>13023284

Can UK fags get in on this?

[Anonymous No.13026876]

>>13023284
What about not-US citizens?
I should face my fears and get into it as well?
Or I should wait that the first legal cannabis coffee shop here opens and invest into that one?

[Anonymous No.13026881]

>>13024843
Which companies do you mean? is there shit flying under the radar

[Anonymous No.13027003]

>>13024722

[Anonymous No.13027165]

>>13025858
MJ has been mentioned already in this thread...including the very first post.

>>13023359
>>13025584

It is an excellent way to diversify and get established canadian weed stocks. But its already $35+ per share. If you are trying to get that Lambo™, buy 1000s of shares of individual US weed companies that are still penny stocks.

>>13026727
I'm not sure you quite understand the cannabis industry like you think you do

>>13026881
see
>>13023359
>>13023861
>>13024384

[Anonymous No.13027466]

>>13026657
thanks for the response but sorry i'm stupid--what does the 5:1 reverse mean?

[Anonymous No.13027576]

>>13027466
If you buy 100 shares for 1 dollar at some point you'll check your account and see 20 shares worth 5 dollar.

Minimum price per share to list on nasdaq capital market is $3 usd, they're around 65 cents usd now so shares will be at least 3.20ish on nsadaq if they reversed and listed today.

Reverses can be associated with sell pressure but uplisting typically comes with buy pressure. Im betting it'll be cheaper to buy 20000 piecemeal shares now that becomes 4000 shares and catch the buy pressure than buy 4000 shares and risk missing the pump so I'm splitting my buys.

[Anonymous No.13028098]

>>13023284
just buy crypto faggots

[Anonymous No.13028139]

Any good dividend weed stocks?

[Anonymous No.13028144]

could someone tell me which US marijuana companies I should be looking into that are very much under the radar?

[Anonymous No.13028193]

I have 69 shares of ACB that are up 33%. What's a weed ETF I should diversify into?

[Anonymous No.13029144]

ACBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

[Anonymous No.13029954]

>>13028139
Canadian weed companies are starting to pay dividends. Most US companies are reinvesting profits and not paying dividends at this point.

>>13028144
Literally read this thread

[Anonymous No.13029958]

>>13023284
Just buy potcoin instead

[Anonymous No.13030013]

If you want to invest in a US play, Ianthus Capitol Holdings (IAN) may interest you.

Don't be dumb /biz/, people want to buy weed and all of the derivative products - it'll be as ubiquitous as alcohol in 20 years and you'll regret not buying into at least one of the big players.

[Anonymous No.13030332]

>>13029954
>not paying dividends at this point.
Well they can fuck right off with that.

[Anonymous No.13030489]

>>13030332
Personally not interested in touching any dividend weed stocks. It's a growth industry and every cent of capital a company makes at this stage should be dumped right back into building out retail and production footprints. If they're not reinvesting cash flow into themselves they're tacitly admitting that either their strategy is incompatible with growth or they are incapable of implementing a growth strategy. Every dollar a divvy weed company pays out is a little more marketshare the other weed companies don't need to lose about losing to agressive growth strategies.

[Anonymous No.13030496]

>>13030489
Worry about losing *

[Anonymous No.13030526]

I want to start a weed company desu by using s federal grant to get my growing operation started with legal crops where I live and transitioning to hydrocannabis when my state legalizes, but it will probably be the last to do so or just get federally legalized first

[Anonymous No.13030683]

>>13030489
This.

Weed companies are way too young to be paying dividends. They need to be building the company, especially R&D

[Anonymous No.13030937]

>>13024057
>Yet most people still buy their tomotaoes from corporations
because they are dirt cheap

[Anonymous No.13030949]

What companies will still exist in 10 years?
my bet is

CGC
ACB
CRON
TLRY (questionable)
CTST
HEXO
ALEF
ACRG

Any others?

[Anonymous No.13030957]

>>13024135
what about distilling good weed oil? retard. no one smokes flower anymore. the moeny is in value added products. mostly medical shit like patches dermals sprays pills topicals edibles drinks etc. SMOKING IS FUCKING BOOMER SHIT

[Anonymous No.13030974]

>>13024418
not to mention true sativas take like 6 months to harvest. lmao fucking anti-weed brainlets

[Anonymous No.13031115]

>>13030974
maybe not but the prices are going to plummet dramatically

[Anonymous No.13031171]

>>13023359
Dude that etf has an negative pe of -4k according to robinhood first time I see it .

[Anonymous No.13031348]

>>13023284
SMG

[Anonymous No.13031457]

>>13031171
Yet I’m up 15%