The_Dude Posted July 21 Share Posted July 21 I reasonably expect the prohibition on marijuana to meet its end in the next 12-24 months. As such, and with obvious recognition to the potential of the ultimate cash crop, I’m looking to get in now to buy stock in cannabis companies. I’m also a financial dummy. Suggestions or thoughts on the potential? 1 Quote Link to comment Share on other sites More sharing options...
Ann Posted July 21 Share Posted July 21 You are a bit behind as it has been a hot/cold sector. As each new state approves it, the stocks go up and down.Tilray (TLYR)Aurora Cannabis Inc (ACB)Charlotte's Web Holdings Inc (CWBHF)10 Marijuana Stocks Reddit is Buying Amid New Federal Marijuana Legalization Bill Quote Link to comment Share on other sites More sharing options...
Koko Posted July 21 Share Posted July 21 2 hours ago, The_Dude said: I reasonably expect the prohibition on marijuana to meet its end in the next 12-24 months. As such, and with obvious recognition to the potential of the ultimate cash crop, I’m looking to get in now to buy stock in cannabis companies. I’m also a financial dummy. Suggestions or thoughts on the potential? My brother has had some success in some pot investing (he doesn't put much in, but it had been gaining last time I knew). You have to be very careful where you invest, though. I would avoid companies in states like California (and likely NY) that will overregulate the industry to the point where the black market is the only place pot growers/dealers make a profit. 1 Quote Link to comment Share on other sites More sharing options...
The_Dude Posted July 21 Author Share Posted July 21 20 minutes ago, Koko said: My brother has had some success in some pot investing (he doesn't put much in, but it had been gaining last time I knew). You have to be very careful where you invest, though. I would avoid companies in states like California (and likely NY) that will overregulate the industry to the point where the black market is the only place pot growers/dealers make a profit. Great point on NY and California. Will focus on Colorado companies. Im gonna sell my AMC stock and use them dollars on weed monies. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted July 21 Author Share Posted July 21 1 hour ago, Ann said: You are a bit behind as it has been a hot/cold sector. As each new state approves it, the stocks go up and down.Tilray (TLYR)Aurora Cannabis Inc (ACB)Charlotte's Web Holdings Inc (CWBHF)10 Marijuana Stocks Reddit is Buying Amid New Federal Marijuana Legalization Bill Thanks for the Reddit link, Ann! Quote Link to comment Share on other sites More sharing options...
KD in CA Posted July 21 Share Posted July 21 Do any of them pay quarterly dividends in flower? 2 Quote Link to comment Share on other sites More sharing options...
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