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Thread: Weed stocks? Yeah, weed stocks!

  1. #401
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    Quote Originally Posted by msommers View Post
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    That doesn't surprise me one bit. A friend did a job for Booth last year, and they spoke quite a bit. He said the guy was extremely knowledgeable about weed, but didn't have any business sense.

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    The packaging is still so wasteful for edibles. Fucking 5 mints that total 10 mg (2 mg each) and it is in all this plastic and cardboard packaging.

    Same for chocolate, etc.

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    Quote Originally Posted by Disoblige View Post
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    The packaging is still so wasteful for edibles. Fucking 5 mints that total 10 mg (2 mg each) and it is in all this plastic and cardboard packaging.

    Same for chocolate, etc.
    I had some chocolates last night. They were good and the potency was as expected but i won’t pay $10 for 10mg again. I can get 140mg for that price from a MOM out of BC.

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    Quote Originally Posted by spike98 View Post
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    I had some chocolates last night. They were good and the potency was as expected but i won’t pay $10 for 10mg again. I can get 140mg for that price from a MOM out of BC.
    Bakerstreet is so good though. I would recommend trying that if you haven't. I would eat it if it was just chocolate. Made out of an old Hershey plant and the difference with the grey market quality is very noticeable. Price wise I agree it is expensive.

  5. #405
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    Quite the bounce on the sector as news coming out that sales have increased due to Covid-19 and people staying at home.

    The sector has been bleeding so much, I think there is huge upside if you invest in some companies you think will survive after this pandemic.

    I definitely will out a sizeable position into APHA if it dips under $3 again.

  6. #406
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    Covid-19 saved the weed sector.

  7. #407
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    Quote Originally Posted by Disoblige View Post
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    Covid-19 saved the weed sector.
    How?
    According to earlier posts, the producers had too many hoops to jump through and couldn't make any money because the govt had butchered the roll out. "Only a government could fuck up making money off selling weed".

    How does the Corona Virtus change this?
    Or, are you only referring to it causing a sudden bump in their stock prices?

  8. #408
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    Quote Originally Posted by ThePenIsMightier View Post
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    How does the Corona Virtus change this?
    Or, are you only referring to it causing a sudden bump in their stock prices?
    The last 5-6 green days due to news spread on sales increasing massively due to the pandemic.

    So yeah, just short term momentum right now. We will see if it lasts once all this is done.

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    Structural problems aren't fixed. A month of good sales is all this is.

  10. #410
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    Quote Originally Posted by ExtraSlow View Post
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    Structural problems aren't fixed. A month of good sales is all this is.


    I'd bet the gains are simply attributed to people sitting at home thinking "man I bet with so many people at home, weed sales must be going up. I better buy some stocks in weed companies"

    Will this translate into longer term solidity in share price? I doubt it. The problems that caused the MJ sector to shit itself over the last year still exist all the same.

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    Don't think anyone is drug testing all those office workers who were deemed to be "safety sensitive" which is like 90% of the oil patch. It was a farce, but also an easy way to loose your job.

  12. #412
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    APHA mooning tonorrow.
    Might sell some if we hit 25%+

    https://www.prnewswire.com/news-rele...301040661.html

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    Picked a bit up end of day.
    Hopefully good tomorrow. No movement after hours so far.

  14. #414
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    Quote Originally Posted by mr2mike View Post
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    Picked a bit up end of day.
    Hopefully good tomorrow. No movement after hours so far.
    Because earnings was released tonight. We are mooning.
    Even Zacks predicted an EPS of -$0.04 and it is actually +$0.02.

  15. #415
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    Yep. A day early. Should be a nice day tomorrow morning.

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    Quote Originally Posted by mr2mike View Post
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    Yep. A day early. Should be a nice day tomorrow morning.
    Is it too late to get it on APHA @ 5.38 today in your opinion (right now?)
    YouTube @ NinjaxBart

  17. #417
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    Long term this will be a great investment. They are making money and value of weed sold during this crisis will be realized in future quarters.

    https://mobile.twitter.com/sammyj_19...959642113?s=21
    Last edited by mr2mike; 04-15-2020 at 07:17 PM.

  18. #418
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    Quote Originally Posted by Kijho View Post
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    Is it too late to get it on APHA @ 5.38 today in your opinion (right now?)
    Yes, because you can get in at the 4s
    Maybe 3s...

  19. #419
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    Quote Originally Posted by Disoblige View Post
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    Yes, because you can get in at the 4s
    Maybe 3s...
    I didn't end up buying any, I just keep missing these haha
    YouTube @ NinjaxBart

  20. #420
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    2020 not going great for Bruce Linton.
    https://mjbizdaily.com/vireo-health-...-bruce-linton/

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