/biz/ - Business & Finance

>>12580353
Bump

>>12580353
It's looking good! Especially with today's gains.

Lol

>>12580902

what the fuck happened to Aphria?

Why can't ACB pop off?

>>12580353
dude legal weed

goes for under $200 per lb in bulk in oregon

lmao

I'm more bullish on the smaller US plays for now, despite the surge on the Canadian tickers.

>>12582022

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.

>>12582175

Look at the float. There are 998 million shares out. It takes a fuck load of money to move the fat bastard.

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

>>12582022
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

>>12582438
how can you say that? cron is starting to seem crazy overvalued

>>12580353
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.

SMG
ACB
MRMD
IIPR
KSHB
CGC

MJ ETF

>>12582252
>weed products are only the flower from the plant

>>12582833
yeah no, youre a retard. the "corporations" are buying up all the small craft growers.

>>12582381
>I'm more bullish on the smaller US plays for now, despite the surge on the Canadian tickers.

Which are you looking at?

>>12583777
Isn't this a good reason to invest in the little guys?

>>12583777
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.

>>12583801
Like who? And whats considered "little"?

>>12583917
Hippies consist of what % of the weed consumer population exactly?

>>12583777
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.

>>12582833
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.

This can't be real???

Now that everyone is talking about it I know it's not the right time to buy.

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).

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?

>>12583917
You're an idiot if you think the biggest market for weed is "hippies".

>>12584947
>"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

>>12584047
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!

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

>>12585015
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.

>>12585015
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.

>>12585029
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?

ORHOF is by far the best weed company you can buy stock of.

What does everyone think of Tilray?

>>12580353
>uhg I'm new to stocks because crypto is down
the fucking post

>>12585292
It's the highest growth industry in the western hemisphere.

>>12585296
>what did he mean by this?

>>12583785
>Which are you looking at?

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.

>>12585080
>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.

>>12584820
Yikes I doubt it will pullback that hard.

>>12580353
>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

>>12585029
This. Buy Altria instead. It has fat earnings yield and will shoot up if US ever legalizes pot.

>>12585790
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.

>>12585821
>Buy Altria instead

Speaking of which, Altria is just getting start on an oversold bounce.

>>12580353
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.

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.