Would investing in corporations that produce cannabis be an smart investment?
Canada is supposedly legalising next year.
>>1481822
Depends. A distant investment in stock or something? Maybe. Directly involving yourself in the industry? Fuck that. Potheads are unbearable.
You're not investing then, you're speculating.
>>1481824
Yeah, stocks. I figure that cannabis producers/sellers will have an increased market in the future, especially if more countries legalise.
>>1481825
Woah someone watched boom bust boom
>>1481822
i have shares of:
APH
THC
CGC
over the last 3 months they have all doubled or tripled
just this last week THC almost doubled in price
>>1483098
Smart.
Marijuana stocks seem to have little or no negative impact from financial turmoil
Never invest in memes
>>1481822
...
THC, CGC, OGI, MT, APH.
Now go off and do your own research.
>>1483098
Yeah but now on all the investing forums, shorters who got caught off guard are going all out and slinging shit at investors /the company in a desperate attempt to drive the prices down. THC hardly ever drops after its runs, which is excellent, but these trolls just may lead to more volatility for it in the future.
>>1481825
When human nature is taken into account, all investments become speculation.
>>1483123
its because wars, famine, disease have nothing to do with entertainment/medicinal needs
everyone is anticipating weed man to live up to his namesake. If he does these stocks will explode as health health canada has said that the recreational weed market could reach 5-10 BILLION dollars revenue
but the REAL money maker is when alcohol/tobacco companies start buying out these stocks.
>>1483165
they can short all they want
theres TOO MUCH upcomin good news for them to do any REAL damage to the prices
-recreational news
-THC is still waiting on its liscence which can come any day now
-buyouts
-pharmacy becoming dispensaries news