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Thread: Weed stocks (MARIJUANA)

  1. #1
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    Default Weed stocks (MARIJUANA)

    Since liberal win these stocks have been skyrocketting. Are these stocks making money just on speculation?

    Canopy Growth Corp CEO used to be the current CFO of Liberal Party
    Organigram Holdings Inc(CVE:OGI)
    Many others as well -


    http://www.theglobeandmail.com/globe...ticle26897954/

    Is it too late to invest in these?

  2. #2
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    Are they skyrocketing? Or recovering from initial hype based on more hype?

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    This is going to be huge. I have a moral issue with the whole weed stocks thing, but some people are getting rich (oh yea, including Trudeau who is involved in some of these).

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    Default Re: Weed stocks (MARIJUANA)

    Originally posted by Gorilla


    Is it too late to invest in these?
    Round 1, yes. Just wait as they slowly go down after 6-12 months of nothing being done or even mentioned about legalization.

    Then buy, and hope they actually follow through.

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    Wow, they got 3 ministers on this! https://www.civilized.life/canadas-m...=RebelMouse_fb

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    I've seen the industry in the US, it is going to be massive if the tide turns in Canada (inevitable). You need to pick what part of the value chain you think will be most lucrative and find a way to invest in it. There will be some spectacular flame-outs and I would guess most of those will be old crappy mining shell companies on the TSX-V turned cannibus companies. I'm well versed in this sector and early stage in general, buyer beware.
    "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
    -Thomas Jefferson 1802

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    Originally posted by HiTempguy1
    This is going to be huge. I have a moral issue with the whole weed stocks thing, but some people are getting rich (oh yea, including Trudeau who is involved in some of these).
    "moral issue" haha what a crock of shit. Trying to tell other people what they can put into their own body that has little to no effect on other people's lives is disgusting.

    As far as the industry goes it will be interesting to see how the market reacts from now until legalization.

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