/biz/ - Business & Finance

>>10746360
Good question. bump

>>10746538
thanks. im new to trading/investing so i want to get in early on the next big thing. also netflix is catching heat for advertisement

>>10746568
For weed advertisements?

>>10746581
no just advertisments in general. they were supposed to be a streaming service with no ads

>>10746603
What does that have to do with your question about weed?

>>10746637
nothing i was just pointing out an opportunity to possibly short netflix

>>10746360
You could invest in my marijuana farms that burned down in the recent fires.

>>10746724
And how would you do that?

invest in the Caribbean upcoming market everything in the west is already controlled by the jews

>>10746360
I think one of the better publicly traded companies right now is Canopy Growth Corporation (CGC). I haven't done an enormous amount of research on them, but they just got a big cash bet placed on them from the parent company of Corona. I would have to assume, they did in fact do their homework, and wouldn't just toss $4 billion into that company arbitrarily.

>>10747227
>they just got a big cash bet placed on them from the parent company of Corona
That happend like 9 months ago and has more to do with corona's intention to produce and distribute thc drinks in the united states when its federally legalized.
Do you just skim headlines and then make up the story when you read news?

>>10747260
do you even read the news? Constellation brands bought like 10% of Canopy a few months ago and increased their stake this week to 38% with this $4billion investment plus have options which would bring their stake to like 51% if used.

>>10747260
Eh you know what, go fuck yourself. This is why you morons can't have nice things. It's another $4 billion investment with intentions to take an even larger position made within the past few weeks you dipshit and the stock fucking surged as a result. OP asks for a way to invest in marijuana. Someone gives an absolute valid answer and you dive bomb it like a faggot.

>>10746360
DYOR on Conventment

conventment.com

Imagine being so fucking fried in the brain you are asking this question

>>10747364
Thanks for the info.

>>10747370
I was going to mention this since anons were talking about it earlier today. It could be big in the future.

https://denverweed.com/conventments-upcoming-b2b-iot-platform-potential-streamline-colorados-cannabis-industry/

>>10746360
You should also take a look at industrial hemp. It has lower margins than weed so we probably won't see any hemp unicorns in the new future but the danger of the sector being a huge bubble should be also way lower.

>>10747422
The depressing thing about a project like Conventment is that it’s a literal diamond in the rough surrounded by a world of ETH scams. You have a good team, an already working product, and yet plenty of people will sleep on them because they’re using ETH for funding. I knew what I was in for after I read that damn white paper. It’s simple but it makes so much sense. Conventment is most likely going to be a long-term gainer since it’ll probably hit $3 in January and just flow around from there. Some of you guys were talking about $10 per token next year which would be fucking great but I’m a pessimistic asshole so I won’t get my hopes up. $5 EOY 2019 is my low end prediction.

>>10747424

Is that currency backed by actual pot?

>>10747422
The cannabis industry is going to reach $57 Billion in 10 years, so logistics platforms like Conventment make a lot of sense.
Let’s just hope the scalability with Zerynth or whatever works out. I’m actually hopeful to see what happens next.

Pic unrelated.

>>10746983
buying put options?

>>10747377
i dont smoke weed dumbass. i can see theres a good opportunity to jump on the marijuana industry which is still in its infancy

Find someone in a legal state who has access to a rare growing permit and offer funding for a percentage. Learn the laws and the market, DD fgt. Otherwise, sell bootleg Rick and Morty DVDs and organic lucky charms cereal outside of dispensaries like everybody else.

>>10748210
The problem is that everybody else can see that too. Any college dropout with Robinhood can invest in weed and for the most part, they are.

Start buying and vaccum sealing as much as you can and le hodl

>>10748957
i guess thats what i meant. trading for the most part
>>10749109
jesus that is a fantastic shop

>>10749137
>jesus that is a fantastic shop
head's too small

You could invest in ancillary industries such as utilities like water and electric, or companies that will cater to this industry like maybe Home Depo. As time goes on and the need rises you could also investing in REIT's that may be focused on specifically growing operations as it'll be very niche with it's own regulations and culture surrounding it. That way you still capture the upside of more general mainstream markets while exposing yourself to the gains in cannabis. As time goes on, there'll be a few companies that really shine above all other, at that time you can invest in specific companies or ETF's when they develop.

>>10749390
now that you mention it, it is too small lmao
>>10750090
good strategy

damn can we get sum dank azz bud shots up in here? show me da frost biiiiiiiiiiiiiiiitch

>>10746360
APH, ACB, FIRE, WEED, CRON, RTI, HMMJ

Become a QC analyst for a concentrates lab

It's too late if you want to invest in canopy or aurora. Their stocks is already very expensive.

>>10751023
False, wait till legalization hits in Canada in October, not to mention what these companies will look like in 10 years

>>10746360

>>10748210
Retard, it isn’t 5 years ago. You are too late to capitalize on the industry.


>>10751019
Yuuuup, go make $12/hr

>>10748942
This senpai, limited license states are where the money is

>>10747422
>>10747370
Do you know that there are 20+ businesses that have been doing this for years? That most states choose one seed to sale tracking system to utilize and contract? And that one contract is given to companies that are invested in by the leading ndustry lobby groups that consult states govts on who to choose... so yeah they’re not gettng those contracts. There have been at least 3 ICOs that have done this.

>>10751009
>APH, ACB, FIRE, WEED, CRON, RTI, HMMJ

Okay, only two of those are likely to net significant short term gains: APH and RTI. APH is kind of a long hodl and an unpopular, bearish stock this year. RTI is right on the verge of a bullish reversal right now. By right now I mean it could break out on Monday morning kinda right now.


>>10751031

Take a closer look at their market caps. Those two are the epitome of priced in.

The only company based around greenhouse growth I think has the potential for 2x+ this year is Acreage Holdings. They are currently private and will be going public this fall. Expect an irrational fomo fest for 1-2 weeks before it crashes back to earth.

Last call for sub $1.00 on TBP coming up Monday. TBP and RTI are my top moon picks for late August/September.

>>10751056
>You are too late to capitalize on the industry

The industry has a lot of growth ahead. it too late for the ground floor but you can still treat it a long term investment.

>>10746360

You want to make money in weed? My best bud owns a legal grow facility. I have seen a lot of shit. Here’s what I would do. Get some seeds grow your own plants if you live in a state that allows 6-12 plants at your home and learn about confectionary arts. The ones who can produce a consistent solid edible that taste amazing will make millions. Why? Because edibles taste like shit for the most part.

Whoever can crack this will succeed because t you must focus. Make one thing really well and that’s it. Taste is all that matters and it’s not easy.

so many people are going to get completely rekt on weed in the next 5 years

>>10746360
>>10748942
I happen to have one of those rare licenses in southern Colorado. We are allowed 1800 plants and have over 30 acres with good water rights, ama.
The weed industry is full of people spending way more money than they should to produce. Those public valuations are bullshit for the amount of production they do they should spend a small fraction of what they do.

Anybody know if there's any money to be made being a personal growery for dispensaries in legal states? Like

So how serious are you op?

>>10751978
Some states still allow for that, not in CA or CO. I think you can in AZ, ME, and licenses in MI rare cheap but there system is very screwed up and market is flooded.