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1473960 No.1473960 [Reply] [Original]

Canadian Marijauna Stocks thread


Hello! ive made a thread once a week for a month. Just letting you all know about the emerging market in Canada as it goes on


THC biomed- this company BOOMED this week. From an average of 0.25-0.27 to today's high of 0.35. An average increase of 40%. Congratz everyone who bought THC like i told them to rather than buying some /shitcoin/ ponzi scheme. They currently are selling clones and homestarup kits to medicinal marijuana patients to grow their own weed but they are hoping the government will give them the go ahead to start selling oils and the weed product like a dispensary soon. If it does it could reach 0.50-0.60 so still room for the stock to grow

APH- Aphria. Its been a volatile few weeks but its found its support around 2.5 as of now. Earlier in the month it was at 2.20 so a modest increase of 10-15%. Aphria seems to be the biggest mover right now though, They recently did a bought deal aka a dilution to make 30 million and are using it to increase their greenhouse capacity and thus yield. They are already the lowest cost producer thus a significant drop in weed prices after legalization will affect them the least. They want to be one of the major players it seems. Time will tell if this pays off

CGC- canopy growth corp- the stock is currently consolidating after a 52 week high of 4.15. Currently at 3.77 the stock has slowly been slipping and i predict they will find a support at 3.6 or maybe 3.5. They have the largest greenhouses/land to grow weed on and if the market goes live this stock will climb as they have one of the highest outputs per company. Snoop dog endorsement yada yada.

There are other companies such as metrum MT and such but these three i see having the most potential from Marijuana eventual legalization which im sure trudeau is trying his hardest to unveil either on 2017's april 20th or 2018's april 20th.

>> No.1473963

>>1473960

Mhhh, is there a chance of Marihuana getting banned again in canada in the near future?

>> No.1473976

>>1473963
in Canada theres a sort of "no go" attitude towards the previous governments bills

the only possibility is more regulation after legalization but thats already going to happen i think.

The government is most likely going to only give the right to sell weed to licensed producers; who else best fits the bills then those who ALREADY dispense medicinal weed right now

they certainly arent going to let BUBBA on his farm in BC sell weed legally now to the public as there will be invented "health concerns" that stifles individuals from just coming out of the woodwork to sell weed legally


Health Canada has projected that when it becomes legal it could be a local 5-6 Billion dollar industry but that only local


IMAGINE the tourism well get from around the world of people flocking here to smoke weed legally as there are few first world countries where you can; and the majority of those are where the police are told not to bother