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/biz/ - Business & Finance

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16831715 No.16831715 [Reply] [Original]

What weed stock are you guys in on? I feel that marijuana companies will have booms in the coming years, and a few lucky ones will grow big and fast. I'm trying to find a stock thats I can take a somewhat reasonable gamble on.

>> No.16831738

aphria, earnings this week if u wanna gamble.

>> No.16831757

Sticking with WEED. Got in at 13 and sold my principal around 60. Should have sold more but hey whatever I knew it would be a shit show.

>> No.16831898

>>16831738
Damn what happened to cause the big drop?

>> No.16832019

>>16831898
Im no expert, but all weed stocks took a big hit when the pesticides in the vapes were discovered

>> No.16832041

Weed stocks were down way before the vape crisis. Mostly just regulations and shit being clumsy and slow. My advice is buy YOLO and MJ, they are ETFs so they are comprised of a bunch of individual cannabis stocks. Gives you siversification within the sector

>> No.16832098

If you want to lose money, go ahead and buy a Canadian company and enjoy that sour, bitter Canadian management and that Canadian department of health.

If you want to make money, invest in American companies that respect investor value and management that won’t exit scam.

>> No.16832279

>>16832098
likeee? Biggest one i see im interested in may be trulieve tcnnf

>> No.16832288
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16832288

>>16831715
sold some CGC 17 puts for this month

>> No.16832325

>>16832279
Curaleaf is set to be the biggest american and Canadian mj company. Already has 400 mill/yr revenue and set to be 1 bill/yr revenue with recent acquisition and have stated they do not want to dilute shareholder value.

https://seekingalpha.com/article/4309549-curaleaf-beating-canadians-to-1-billion

>> No.16832356

>>16832325
Sorry. It’s a subscribe link.
Here’s a better one.
https://articles2.marketrealist.com/2019/11/curaleaf-stock-gmp-expects-more-200-growth/#

>> No.16832374
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16832374

>>16832325
o shit. thanks for this friend