BofA is not Chartmandan, these guys does not base investments on some fucking tradingview.com window.
​
You do not invest in any growth stock for current revenue, you invest in it for future revenues.
​
Thus, the present will always look grim but the future is bright.
You mean the maker of a pain drug is lobbying against the legalization of a substance shown to relieve chronic pain and would be much cheaper? Gee, I ever wonder why this is happening? /s
Don't shoot me but there's a passage in The Intelligent Investor that I think applies when the sky seems to be falling. Essentially, don't pay for other people's mistakes. If you've done your DD, if you really believe in these companies, then you're better off not looking at prices until you really think it's time to sell.
Active trading, on the other hand, is an area I don't dabble in. I respect the people who've made bank with it, and will observe a moment of silence for those who didn't.
It's not as straight forward as that. Market cap should be a part of the deciding factor.
There are fundamentals to any type of company that should be considered (I recommend reading the book Common Stocks and Uncommon Profits). Things like management style, how big they are compared to competitors in their industry, what type of products they're working on, growth over the last few years, their financial balances (ie. how much debt they have), future projections, just to name a few.
You should only compare market cap (and P/E ratios, growth, EPS, etc.) to similar companies in the same industry to get an idea how they're doing and whether or not they're undervalued or overvalued.
You can use Reddit Enhancement Suite to tag users who act fishy. That way you can identify them later. It's open-source software (GPLv3) and they won't steal your data.
I use it like this:
> Instead of blocking people, I wish i could add a flair (that only i see) to people, almost like a note...
you can -- look into Reddit Enhancement Suite.
cc: /u/0therSyde, /u/LuxGang
Canopy growth owns 10%. Strong indicators from countries. Wide open market in Australia and Chile.
Learn to read financial reports.
Take the time to read past updates on the company. If you're putting money into something you're not willing to research, you're probably just gambling.
Everything you need can be found on the official SEDAR website for Canadian exchanges. If you don't understand a lot of what you find on there then I highly recommend reading 'The Intelligent Investor' by Ben Graham. It's a great resource for anyone new to investing. You'll also find it recommended in the r/weedstocks sidebar and all over the Internet.
Good luck friend.
Edit: a word and autocorrect corrections
Listen to Vic BNN interview (Audio only free version) He will be on shortly
- Steam Whistle Liquor hoping to convert their building space into Pot shop. Looking at cannabis infused beverages. and possibly their own Steam Whistle cannabis brand. Talking to several Cannabis LPS
Below you'll see a now-updated list of what each company expects to produce at full capacity :
Canopy Growth Corporation (NYSE:CGC): approximately 500,000 kg (author estimate)
Aurora Cannabis (NASDAQOTH:ACBFF): 430,000 kg
Aphria: 255,000 kg
The Green Organic Dutchman: 195,000 kg
MedReleaf: 140,000 kg
OrganiGram Holdings: 113,000 kg
Hydropothecary Corporation: 108,000 kg
Emerald Health Therapeutics (NASDAQOTH:EMHTF): 100,000-plus kg (partial author estimate)
https://www.fool.com/investing/2018/07/16/time-to-welcome-another-marijuana-stock-to-the-100.aspx
If you read the article the abandoned Jamaica property clearly states:
"Following our visit, we checked <em>Jamaican real estate records</em> and learned that neither Tomlinson nor Marigold even own the abandoned property anymore. Tomlinson used to be the owner but it was sold off by the mortgage lender in January:"
Then whats the problem?? The company doesnt own the property, neither do their employees. Why the hell is it relevant? IT ISNT!
*** AGE POLL ***
Out of curiosity id like to know whats the average age of a weed stock investor on this sub.
----> https://www.strawpoll.me/15432656
If you are between
younger than 18
18 - 25 years old
26 - 35 years old
36 - 45 years old
older than 45 years
The Intelligent Investor -With Appendix by Warren Buffet
-The basics of buying and selling stocks and bonds, and what they actually represent. Great read, especially the Warren Buffet parts.
-Never do what weedstocks does.
-Good to get you saving more than spending. Views stock investing as a value investing game. Buy undervalued stocks and sell them when they are appropriately valued.
-Do what weedstocks used to do, but now is no longer doing.
Curious what everyone's strategy is for this week. Would be nice to get a large number of answers on the poll to get a better sense of whether we're collectively excited or cautious.
Buying?
Selling?
Holding?
I came here to say this as well. I remember PotCoin from way back in the day. And was happy to see its still around
Something like this could potentially be useful, but like /u/erics805 said, how is it different?
What exactly do you mean by "we're talking about translating our business and marijuana experience into a profitable legal business venture"
and
"our project extends well beyond the underlying digital token"
I asked /r/weedstocks in a poll yesterday "How many shares of APH do you own today?".
Over 300 people responded. Only 5% of users do not own APH.
New poll for today, "What is your average cost on APH in Canadian $"?
Please only respond if you are actively holding APH.
Check the sidebar for valuable resources for beginners.
Beginner Guides and Market Resources:
A Beginner's Guide to Investing The Intelligent Investor Investopedia United States Map with state-by-state Marijuana Laws CannaInvestor - Useful stock info, created by /r/weedstocks users!
It was the summer of 2016 and I had just opened up a brokerage account. I had read "The Intelligent Investor" and a couple others. A guy I knew told me about Canopy Growth so I did some DD on it. I read on their earnings report that they should be uplisting to the TSX, I figured that was a good thing but was still unsure since I was so new to investing. Had my eye on it around $2.70 and was ready to pull the trigger the day it ran up 15% after a PR saying they are going to be uplisted (which I already knew two weeks before). It just kept going up and as a new investor I thought it was too risky. Finally bought it at $3.96 about a month later. So I guess it all worked out but it just kills me that I read "we have been approved for the TSX" while actually doing some research on the company and then when they announce a PR a couple days prior and the rocket takes off. Hindsight is 20/20.
If you're completely new to investing (and like to read) I'd definitely recommend reading a few books. While they aren't specific to weedstocks, they will definitely familiarize you with the ins and outs of investing and finance.
A random walk down wall street. This book is probably the best starting point. Some will point you towards the Intelligent Investor, but even that can be a bit overwhelming to someone who is completely green to the world of investing.
The Intelligent Investor. This is the best basic all around book on investing and is a must for every investor. Nothing else much to say about that.
Securities Analysis. Written by the same authors of the Intelligent Investor, this book is pretty much the Bible of value investing. It goes into more detail than the Intelligent Investor, but reads like more of a textbook so it can get a little dry for some people's taste.
As for stocks, with $500 I'd probably invest it all into one company. With such a low amount, you'd be spending a significant portion of your capital in commissions if you go with 2 or more. Canopy, Aphria and Aurora are the 3 you should be looking at to start. I currently hold positions in all 3. Personally if I was starting out fresh knowing what I know now, I'd put $500 into Aphria first, then Canopy, then Aurora.
Just watched this hour long interview with Bruce Linton and Bill Newlands (CEO Constellations). A couple of the big takeaways: Bruce says he wants to become bigger than constellations, they seem to agree it's a $500b industry, he's having lots of interviews with fund managers looking to invest now. He also says it took approximately 11 months to create the first deal. r/https://tinyurl.com/yapqzumo
You are a fool if you think Trump is being honest on this issue. He will lie and flip-flop whenever it’s convienient. He has already flip-flopped on the subject before.
Yes again I will reiterate that I feel like I am low balling the fuck out of every number I grab from thin air in my example. While I wouldn't say my napkin math represents a worst case scenario, I do believe it represents a fairly conservative valuation and that makes up for the lack of specificity and nuance in each number.
But just as a counter-reminder, I also do remember recently Bruce Linton saying that they prefer full ownership of their subsidaries in other countries rather than doing these 49/51 deals. ( Found the source from recent Motley Fool Podcast ):
"Linton: Yeah. I find that with a rapidly changing, growing, evolving business, to have a partnership where 49-51 is not a very good idea. So, in all geographies, what we do is look for people who have some benefit and an economic opportunity for them, but it becomes 100% controlled. So that's really our operating model. It's not that we're trying to be difficult; it's just, we want to go fast."
If you also believe in Madame Cleo's psychic abilities, technical analysis is another one of those voodoo realms you easily can delve into and lose your money on at the same time (if you pay for their membership etc). I suggest reading credible books on investments--The Four Pillars of Investing, A Wealth of Common Sense, A Random Walk Down Wall Street. These books will say TA analysis is a waste of money. This advice has saved me a TON of money. Instead I do my own due diligence. Sedar is one of your friends. It's free.
10x bigger but also far better margins with the vertical integration and fewer branding restrictions here in the US. Companies can grow weed, sell to dispensaries (including their own), and then make an additional premium on the retail side (most estimates see this as an additional 15-20% margin for vertically-integrated operators relative to Canadian LPs). The tinctures/vapes/cartridges/edibles markets on the US side are highly developed and offer crazy margins for dispensaries.
​
I hate Medmen for example, but their retail stores recently reported avg revenue per sq. ft of $6000+, which would make them the #1 most profitable retail store in the entire US, above even Apple and Tiffany's.https://www.fool.com/investing/2018/08/26/this-marijuana-retailer-beats-apple-and-tiffany-on.aspx
Seeking Alpha is a shit click factory, please stop posting their "articles". The authors hide behind pseudonyms and this article is posted under the same pseudonym as this one. Compare the two articles, this is shit click journalism and shouldn't be allowed on this sub.
I believe it is TWD #1 that is the tweed strain that has next to no THC. What I will say is the CBD strains in EU typically have 5-6x the CBD content of what TWD #1 tends to have.
I caution people saying Medical cannabis is a placebo. CBD has come a long way in the medical community. Anxiety, and inflammation come to mind that cbd helps with. I also believe CBD is one of the critical components to help curb epileptic seizures.
Sure we have a long way to go. But claiming CBD as a placebo is ill informed. JMHO.
If you want comparatives: https://cbd420.ch
Quick link on CBD I found: https://www.webmd.com/a-to-z-guides/news/20171215/world-health-group-pots-cbd-has-health-benefits
MotleyFool speculating about it here, but I don't see them buying APH.. and don't really want them to. Both companies got a good thing growing. (MF article: https://www.fool.com/investing/2018/05/13/this-marijuana-stock-acquisition-would-make-a-lot.aspx )
Another positive M. Fool article: https://www.fool.com/investing/2018/04/16/3-things-youll-want-to-know-about-marijuana-stock.aspx
I'm telling you, the overall sentiment for the market has completely shifted if these types of articles continue to come out of even the Motley.
Even the Motley Fool's tone and sentiment has completely shifted. This particular author has written many bearish/short articles in the past. Now, he's recommending which weedstocks to buy.
https://www.fool.com/investing/2018/04/16/the-cheapest-pot-stock-based-on-forward-price-to-s.aspx
Hello, I'm a bot! The movie you linked is called Raging Bull, here are some Trailers
California produces too much weed. They can’t smoke anywhere near what they produce... there’s something like 10 to 15 thousands growers.
Although I hate motley fool, they do describe the problem: https://www.fool.com/investing/2017/08/06/uh-oh-californias-marijuana-growers-have-a-major-p.aspx
I also don’t like how unregulated their growers are compared to Canada... there’s a reason it’s a slow process here. But our model allows for better controls and allows us to export to other countries.
Shit, my bad wrong link, on my cell.
http://www.marketwatch.com/story/latteno-files-record-2013-financials-and-disclosure-2014-04-04
They dropped valley orgainics and sealed a deal with RxHC Harvest Collective Inc.
People are losing money because they are treating this like a half and half of investing and penny trading. Look for the companies that are producing marijuana or processing it into medicine. Dont buy vaporizers, marijuana website portals, or equipment suppliers. Most are just rebranding products from china: http://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&SearchText=g+pen
Id stay away from most of he wolfs picks, or any payment processors or "marijuana credit cards" ex..MYEC
There are a lot of companies that are using Marijuana as a way to boost their share price. Watch for people that use penny terms and learn to ignore them.
Keep in mind that a lot of these companies are traded OTC & their share prices will rise and drop until they start making big money. OTC traders move on pump news and chart readings. Do your research and make sure that every purchase you make is a company you feel happy with.
Not talking shit about penny traders, but you mentioned "investing" not "trading"
10k is a good amount, spread it out but be careful.
My thoughts exactly! My sell point keeps going up in my mind the longer I wait lol. Check out "inchartitrust" on Stocktwits - his charts are eerily accurate. He charted CGC on 1/27 (and fwiw I find that SPCE and CGC track together in his charts). Showing going up to $150-190 by late May ($140 is the 2.61fib and $190 is the 3.61 fib so it's a stretch). Not saying he's correct but worth a look. I also find tradingview.com and click on "ideas" for CGC interesting to check out charts.
RXNB Inc has a partnership with PHOT (Growlife) who has a partnership with FITX. RXNB does not have a ticker and is not traded publicly. RXNB will basically be providing the seeds necessary for production. Check out this link:
No direct dilution.. yet. They could raise the number of outstanding common shares just as easily as they raised the number of authorized shares. They are doing this so they will be able to raise money a little while down the road.
88.2% of shareholders approved the vote to raise the number of authorized shares Source
The correct answer is: Turning Point Brands $TPB NYSE
From their website:
"Our traditional tobacco portfolio features the iconic, historical brands Zig-Zag®, Beech-Nut®, and Stoker’s®. In the high-growth Electronic Vapor segment we compete with our world famous Zig-Zag® brand and, through a strategic partnership with VMR, the exciting V2® brand."
Disclaimer: I am long TPB
Here's the newest analyst report out today, $4.25 price target:
And further discussion about it here:
https://www.reddit.com/r/weedstocks/comments/5zjdra/gmp_initiates_coverage_on_acb_mjn_emc/
https://www.docdroid.net/jodK127/mjn-2017-02-13.pdf.html
https://www.docdroid.net/P8W14Qt/mjn021317.pdf.html
Here are two analyst reports for your DD. I think Cronos has a ton of potential long term and even short term all it needs is a bit of a volume spike to get back into the $3 range.
A lot of his stuff is paid fluff. As long as you are cool with that then maybe its still advantageous. I think this way about books I read. If I can get one little jewel out of a book and I paid 40$ then its a great investment. Guys check out Tim Ferris... Tools of Titans" and Tribe of Mentors'.. also, Ray Dalio "Principles". So many gems for life in general and specifically finance based... Exellent reads...
This is a good one.
I've read How to Win Friends and Influence People by Dale Carnegie multiple times. People will never remember what you said or what you did, but they'll remember how you made them feel. That mantra, along with readings on mindfulness, influences everything I do personally and professionally.
Zero to One by Peter Thiel is up there as a business book though I've only read it once.
Fiction-wise, I've only ever re-read one book: Shogun by James Clavell. I'm up to 3 times.
I second The Big Short, Dr.Murry was brilliant. I have an algo trader friend who is way smarter in the area of finance/stocks, and he tells me daily that I'm wasting my time with penny stocks. I wanted this sector to be an intro to learning about investing and personal finance.
I am currently a paramedic who used to be a huge stoner when I was in high school so I am very fascinated about the science involved with cannabis and the human anatomy, I think the pharma sector that is advancing with the help of cannabis is going to take off. I just bought a house instead of paying rent while working/going to school so Im looking for a way to pay down on my mortgage faster and that is what I am hoping to do with this.
I currently have a retirement fund (403b) that I contribute to and let the smarter people (hopefully) manage that money.
But in general, I would echo what everyone else is saying Be smart and don't give away your money. I took the advice of this sub and bought a copy of "The Intelligent Investor" and am looking forward to reading that.
But best of luck andI hope we all make smart decisions and do well....
Right......it's comments like this that make new unsuspecting investors believe in voodoos/technical analysis and end up losing a LOT of money. It's well known in investing world that candlesticks and measuring skirt sizes do not work in predicting the future of these stocks. I would suggest reading about investing using credible sources (A Random Walk Down Wall Street for example). In the long run you will save a lot of money, your retirement money, unless you don't care about it and gamble away using lunatic predictions.
Why do we ever have to exit? Why not just keep putting in more as companies prove themselves to be successful businesses? Why do we ever have to "abandon ship" or "take the money and run"?
This is an amateur investors line of thinking. Instead ask yourself the question "When do I want to STOP making money?" That's what you're asking us.
Point of exit is the end of an investment and the time when you start LOSING money by SPENDING. You should read the book "The Intelligent Investor".
It was a lung condition that happened to people working in popcorn factories due to a certain chemical.
When vapes first started out they had the same chemical in the oils...but they have gone away from using the chemical.
I find online reviews to be completely pointless, and easily manipulated. That said, I couldn't help but look into your claim. I'm not sure what app or site you were looking at, but google reviews for Mayflower are overwhelmingly very positive. I'm not saying this is accurate, just that your source appears to conflict with google. I don't have much faith in online reviews.
Harvest One live Q&A today at 2:30pm EDT with the CEO, on virtual conferences.
LINK: https://tinyurl.com/1018prepr
This will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the association's "virtual trade booth." If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.
Here's the thing. IDGAF what you reddit guys think constitutes value in this emerging sector, I just know that you're wrong. The market also thinks you're wrong. I think it's hilarious how much time people around here get hung up on earnings at this point. Earnings don't mean much right now. They mean almost exactly nothing. This is a brand new sector being built practically overnight. Earnings don't really start before legalization. Recreational hasn't happened yet. Nobody's at full capacity. ACB is one of the fastest ramp up to executions in the sector. They raced up to the position they're at now at the cost of a higher share count and blew past most of the competition. And they still defy gravity.
Now I know motley fool is mostly garbage, but this article here actually makes a lot of the points I've been feeling for a long time. You might want to read it. https://www.fool.com/investing/2018/04/22/the-simple-reason-why-marijuana-stock-valuations-a.aspx
Smg is big into hydroponics and I feel can be a good investment to get some exposure to the marijuana boom.
https://www.fool.com/investing/2017/08/15/this-company-is-one-of-the-safest-plays-on-the-mar.aspx
http://www.sec.gov/litigation/complaints/2009/comp21053.pdf
http://seekingalpha.com/article/2112673-securities-fraud-accusations-put-vapor-group-up-in-smoke
Its behind a registration wall, but basically its a rehash of previously known information concerning fraud and fiduciary breach allegations.
Montley Fool sends multi emails about how bad weed stocks are why pharmaceutical companies making synthetic THC are the better bet. THC kills no one, synthetic THC marinol / dronabinol has record of killing people who take too much.
1 example - Insys Therapeutics - doctor kickbacks, over-perscription, lobbying against medical marijuana legalization while selling harmful synthetic THC drugs, federal inquiries about its practices, and lets not forget the whole Fentanyl death explosion in the middle/north US where this is being prescribed the most, Almost half of the top prescribing doctors are facing prosecution, lawsuits for over prescription, lost license because of kickbacks and over presription.
Thats not everything, but I still cant see why The Motley Fool would pump this so hard.
https://www.fool.com/investing/2017/03/21/is-this-the-best-marijuana-stock-to-buy-right-now.aspx
https://www.oregon.gov/Pharmacy/Imports/Marijuana/Public/DeathsFromMarijuanaV17FDAdrugs.pdf
$PRPM - Protek / Luxuriant Holdings Announces the Acquisition of Kolbe Global Logistics LLC - http://www.marketwatch.com/story/protek-luxuriant-holdings-announces-the-acquisition-of-kolbe-global-logistics-llc-2014-02-20?siteid=nbkh
Heavy resistence at 30-34 and short selling + http://seekingalpha.com/article/1999161-why-i-think-hemp-inc-is-soon-going-back-down-to-under-10-cents-per-share?source=kizur_seekingalpha
caused the crash. Pulled Half my position and starting to fill in around 20 as I see short term resistance.
I think this is stock manipulation at it's best. Big players and this article crashed this to buy cheap shares for next week imo. But if the article is true I'm not going to hold such a large position in hemp anymore.
But I feel like my 10k investment at .07 is safe as in I see it nearly impossible to go below .10
Your Trades haven't "settled" yet, Therefore you cannot Re-use the cash until the settlement date. but it is there,
Can anyone elaborate on the importance of the $CBIS Weedmaps news? How much could this possibly affect CBIS?
I do know that Weedmaps is VERY popular among the medical marijuana community. It's often used by patients to find doctors, dispensaries, menus, deals, etc. I believe dispensaries and even doctors in CA and CO have special exclusive deals through them similar to Groupon. They also have a popular mobile app.
http://www.alexa.com/siteinfo/weedmaps.com Not bad traffic considering there are so few medical states. Customers should be the only real significant traffic consistently visiting the site. There's no real reason for other people to visit the site regularly.
(Leafly.com is an amazing website as well. Some dispensaries even package their medicine in Leafly-branded bags, and I know Leafly also sponsors Doug Benson's marijuana-themed talk show on Youtube. Both seem way ahead of the curve.)
Also consider SMG bought General Hydroponics. I agree Miracle Grow is shit for MJ but everyone knows that.
Does General Hydroponics make good fertilizer/nutrients for MJ?
I think SMG's aim is to give your average MJ home grower a "one stop shop" experience at Home Depot or Lowe's. Or Amazon shoppers too.
[https://www.amazon.com/General-Hydroponics-Organics-Go-Box/dp/B004PS4B08]
Hi, here is something I thought you might find interesting:
Canada Employment Change
For the full story: http://ca.investing.com/economic-calendar/employment-change-95
Download the Investing.com UK App for Android https://play.google.com/store/apps/details?id=com.fusionmedia.investing&hl=en_gb
You mention you are in highschool. What is your time horizon? Do you need this money in the near future?
A great start would be The Intelligent Investor by Ben Graham - To give you a good understanding of how the markets work, along with understanding "VALUE".
Amazing, I sensed a little Jordan Peterson influence in your post so I knew I had to comment. I will definitely purchase that book now that you've suggested it since I'll need something after I finish reading Gulag Archipelago Vol.1 and Ordinary Men that I've bought. But ofcz not before I finish reading "The Intelligent Investor" first haha. The dream is to make enough money from cannabis stocks (before the recession hits which IT WILL since average recession is 7 years and the longest time period between each recession was 11 years and there is a recession every decade dating back to the 1800s yet we haven't had one in the 2010s and it's been 8 years since the global financial crisis officially ended in June 2009) to just not work and spend all my time reading these books. Anyways looking forward to future interactions :)
Check out the resources on the sidebar here or over on /r/investing's sidebar. I also really like "The Intelligent Investor" if you want a book to read.
My basic point is, at some point the crowd stops investing because of the possible growth tomorrow and starts investing based on the profits generated today. There can still be growth at that point but usually it's not rapid like we see in this industry. It's much more complicated than this but I hope that kind of helps.
I would say it's one of the best books for a beginner. It mostly focuses on fundamental analysis and value investing which is what Graham and Buffet are known for. Out of all the stock market books I read, I got the most out of "The Intelligent Investor". It should have been the first one I read rather than the third.
I use the TD WebBroker App which is live, even better than the Advanced Dashboard for OTC stocks. But I also have the Stocks app in google play, it has a nice widget and links to my google finance portfolios. https://play.google.com/store/apps/details?id=org.dayup.stocks&hl=en
Agreed. There are dozens of excellent resources floating around the sub that contribute regularly. But it can be incredibly difficult to learn and remember who to trust. Tey this Reddit tip: if you install the RES add-on, you can tag users as you see fit. I've used this for years to add a lime green "good shit" tag to users like mpaq and others.
If you want to play with a formula for cost per gram , this co will blow away the competition 5 cents per gram projection , however it is private but its got a huge Backer in Jim Rodgers , P.S. Old news just something to consider as it is a Canadian Co
https://www.nytimes.com/2016/08/05/business/international/colombia-medical-marijuana-drugs.html
Are you kidding me?!
Cloud servers such as AWS make it possible to scale infinitely without any downtime.
Their traffic is light years away from a "large ecommerce website". It isn't 1999 anymore!
http://www.alexa.com/siteinfo/tweedmainstreet.com - that is laughable to be called a "large website".
If stock prices traded based on excuses Canopy would be trading at $50/share.
lower back pain / nerve pain. (Spinal Stenosis)
I had high hopes for them until I tried their product. I plan on trying it again in a few months if their new packaging actually lists amount of CBD in it. What I have only says that it has 11 MG of hemp extract in it.
Hmmm, Hemp Oil on Amazon? I thought it was prohibited?
Hey both of my kids had bad Teething. This completely natural drops really help.
Boiron Camilia, Doses, Homeopathic Medicine for Teething Relief Natural - 30 Count https://www.amazon.com/dp/B005KG7U16/ref=cm_sw_r_cp_api_i_C9T5Y3PM26AHVVKJ6Q7P
Yea being a US citizen doesn't mean much tons of business in the US use dirty Russian Money heck real estate in big cities is going to crash because of this and I'm sure the Chinese are getting cold feet now.
Here is a book on how our economy is the hot bed for it. Heck our President Biden made him self rich laundering money through Burisama Energy in the Ukraine. Americans are just to stupid and live in their own fake world.
https://www.amazon.com/American-Kleptocracy-Created-Greatest-Laundering/dp/1250274524
It ain't to hard to figure out the sanctions are going to crash the economy as it screws up the flow of money across the world
They scan your ID when they come to drop it off takes about 10 seconds.
VFF - Village Farms earnings call today at 11am (link below) - hoping to get some information on the build out of their JV Pure SunFarms with EMH, and perhaps some insight on how their spot-priceing strategy is going.
Someone pointed out on Stocktwits that VFF earned 39.4m on tomatoes, which is crazy when compared to the 104m ACB earned on weed.
Good things coming!!
If you guys want an interesting hit piece....
https://www.fool.com/investing/2018/05/23/in-case-you-missed-it-profit-estimates-for-marijua.aspx
Man, thanks so much! This is exactly the sort of executive summary I was looking for. Subbed to r/thecannalysts and I'll start checking the daily discussions here. I'm reading some books on the side, The Intelligent Investor, and How The Stock Market Works, (series of lectures). I'll do another 30 days of reading/research before I would bother you with more noob questions; I have 60 days of free trades with TD Ameritrade so the clock is ticking.
The Canadian companies seem to have the most history and company details at this point, so as long as there are no wild tax implications I will definitely consider a position there. My problem right now is I focus too much on the technical analysis of individual stocks to identify trends to find the best entry point, but I think my time would be more well spent by researching in depth the specific companies you list above.
I agree in feeling like there is/will be a 'green rush' which is exactly why I'm spending time on this sector, although I have read some articles that make an argument against realizing crazy returns in this sector, would be interested to here counter-arguments on some of these points: https://www.fool.com/investing/2018/02/11/5-reasons-you-shouldnt-buy-marijuana-stocks.aspx
Implementation should take a couple months to prop up, full legalization is supposedly supposed to happen across the country at the same time, so any individual providence can hold up the whole thing.
https://www.fool.com/investing/2018/02/20/what-canadas-legalization-delay-means-for-marijuan.aspx
Mettrum was pretty starved for news over the past month and when something finally came out it of course had to be somewhat negative and related to that voluntarily recall /cringe. Realistically though, it wasn't that big of a deal and probably inconsequential, but at that point I was grasping at straws with reasons to stay invested with the company. I'm sure the company is still okay to hang on to short term, but I was just worried about volume drying up.
The humor with Aphria and Mettrum is that over the past month they both have similar gains. You didn't really lose out on much if you invested in one over the other. That said, I just had a lot more confidence holding Aphria than I did with Mettrum.
In any case, if you haven't checked out this Aphria article on SeekingAlpha I thought it was worth a read: http://seekingalpha.com/article/4022790-aphria-low-cost-production-give-high-returns Good luck with whatever you decide to do.
Sure. I made a post about it the other day too in this sub. Here are the articles I cited. One of the shell companies created by the attorney cost me several gs a few years ago (i was being a rookie idiot, but it was a very big pump and dump that inspired an SEC investigation.)
http://www.eastbayexpress.com/images/blogimages/2011/12/06/1323200780-peterson_complaint.pdf
http://seekingalpha.com/article/2256753-terra-tech-a-natural-born-capital-killer
The only thing that is real in that list is TWMJF or CGC.V and MSRT. If you want to look into pharmaceuticals, buy GWPH. Dont touch any stock that is a penny stock, they are all scams. Even XXII is basically BS, it is a company valued at 100million$, 0 sales, with 9 employees , and it is burning cash so fast its not even normal. Especially FITX, if u seriously believe at this point that FITX is not a scam after they got officially rejected by health canada for a license. Please read this, it will surely change your mind: http://seekingalpha.com/article/2876026-a-scandal-on-edge http://seekingalpha.com/article/3133126-regarding-creative-edge-nutrition-what-i-sent-to-the-sec
I believe the online store is still up and running, if any of the contest winning designs appeal to you.
Each style/design has multiple quality options, which adjust the price accordingly. Fair warning, shipping bites hard if youre in Canada.
Just so you know, we do not permit March sales/promopion here. All of the items you see on that site were voluntarily designed by artists from our community and are sold at-cost.
your productivity is nauseating. /u/drgreenthumbatx420 -- here is the r/weedstocks merch store. everything is sold at cost; no profit comes to any moderator(s) or person(s).
great point. it seems like youre right, according to charles schwab: "When considering whether to trade adjusted options, keep in mind that the volumes, time values, and open interest are typically lower, and spreads may be wider."
https://www.schwab.com/public/file/P-3951800/INF57995_114923.pdf pg. 4 under "Should I trade adjusted options?"
"Following our visit, we checked <em>Jamaican real estate records</em> and learned that neither Tomlinson nor Marigold even own the abandoned property anymore. Tomlinson used to be the owner but it was sold off by the mortgage lender in January"
Is that seriously a real statement? You're believing this report when the writer makes a statement like that? When the company has built two high-tech automated facilities?
PKG (PTNYF)is already working with Amazon,,,its a different service than Canada Post. It's like Uber. Same day delivery, 1 hour, any product.
https://www.slideshare.net/DylanMcRobert/parcelpal-corporate-presentation-113851183
In light of what they did, I no longer feel Secure trading weed stock on Robinhood. Here is how to leave. I recommend all of you do the same
https://robinhood.com/us/en/support/articles/transfer-stocks-out-of-your-robinhood-account/
Golden Leaf Holdings Presentation Now Available for On-Demand Viewing Company invites individual and institutional investors as well as advisors to logon to VirtualInvestorConferences.com to view presentation PORTLAND, Oregon June 11, 2018 /PRNewswire/ -- Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a leading cannabis oil solutions company and dispensary operator built around recognized brands, today announced that the June 7 presentation from William Simpson, Chief Executive Officer, is now available for on-demand viewing at VirtualInvestorConferences.com. LINK: https://tinyurl.com/0618postpr
Went to the conference and Cannabis Technologies-CANLF stole the show. I really do feel the comparison to GWPH is going to make this company go parabolic eventually if they are able to bring more therapies to the market. http://www.marketwatch.com/story/cannabis-technologies-a-junior-gw-play-on-cannabinoids-potential-2014-06-25
Great article, CANLF is going to be one of the leaders in this sector. Read up on Dr.Sazzad he was the Group Leader and Senior Scientist for Biotechnology Research Institute of Canada, Government of Canada's Prime Biotechnology Research Center. For those who haven't read the "GW Junior" article here it is http://www.marketwatch.com/story/cannabis-technologies-a-junior-gw-play-on-cannabinoids-potential-2014-06-25
Edit- Now that I do some more searching myself, I see what you mean. This article is the only instance I can see of this news.... (I searched for her when this article hit the news feed)
you're absolutely right on the capital; the burn rate, the use of, and directions it's been allocated towards. I highlight the working capital based on the hit Tweed took from: "the good, the bad, and the ugly" of Seeking Alpha: http://seekingalpha.com/article/2790265-canadas-marijuana-market-the-good-bad-and-ugly
this article got a lot of traction, and the author seemed to really neglect the extent to which bedrocan and mettrum and organigram pale in comparison by the size of their government allotment of growable product. hundreds vs thousands of kg of scaleable product; but focused on the burn rate of capital as the metric to which investors should be focused.
i've enjoyed the conference calls too. the tweed management is always on point, accurate, and has it together. There is nothing but resounding faith that i hear from them. However, the questions that are coming in remind me of an interview Rifici gave to a podcast/webcast in which he fielded questions from a guy hitting a huge bong, and his clarity, versus the lack of clarity coming from the other side....big juxtaposition. What i'm alluding to is that the guys running tweed aren't smokers; they're businessmen. the two are most certainly not mutually exclusive.
The addition of vaporisers is a small, and appropriate teritary addition; looking forward to the break down of their revenues and how it factors in. It seems to be a low intensity large margin notion that you keep all your purchases "in house" with your medicine supplier.
The legislation is a difficult notion to gauge, and factoring scenario's to the underlying equity price is a difficult notion to manage. Do you believe that the courts will proceed favourably with derivatives of the plant...chocolates do seem fitting, given the Hersheys history.
How can we"never know" the results? Isn't arbitration meant to get results? Read... Why Medical Marijuana Won't Profit From Colorado Legalization http://seekingalpha.com/article/1926161?source=ansh $MJNA
http://www.alibaba.com/product-detail/Newest-Vaporizer-Solo-Vaporizer-Best-Portable_1710751717.html
there's the "arizer SOLO', which is well known portable vape. one of the 'mods' of the small "penny stock watch" subreddit, and his friends, made many posts implying that VPOR was just "rebranding" their vapes, when in reality, I've provided links here of what are likely knockoffs of ALL these major vapes.
it's also possible that chinese manufacturers copy pre-existing designs and sell the knockoffs openly, or try to pass them off as original. not sure.
but it is ironic that trolls claiming to be "helping others out with information to save them from losses" are actually trolling people with misinformation for their own agenda.....
>What's the earliest legalization could happen?
Here is a recently published report from Bank of America Merrill Lynch. On page three, it looks like they're predicting federal legalization in 2021, between Q2 and Q3.
ALEF breaking out hard and strong earnings release yesterday. Mackie target 1.75. Already got supply deal with canntrust and sales license due anytime could be this week ! https://www.docdroid.net/W8zcMTo/aleafia-health-inc-mackie-research.pdf
RKS BE CHOO LIB JWCA lookin good for this fall small cap run too served well last fall and lookin like they’re bottomed now chart wise
Already got my big guys WEED APH EMH
Do your own DD just my opinion
https://www.docdroid.net/ThO63hj/aphria-annual-report-2018.pdf#page=12
So page 12 of the new Aphria investors deck says something about divestiture of US assets or whatever. can someone read that and let me know if it changes anything regarding the Aphria LHS situation or is this telling me that nothings changed in that regard?
Having trouble making heads or tails of that paragraph.
Shit man, this is just from tradingview.com. I use that when I'm at work pretending to work (AKA trading). Thinkorswim is one of the best platforms IMO. MACD is a must have cause it can really help with your strategy (short, long, day trade, etc.).
How are they in the sector?
edit: Green Concepts, Inc. Signs Consulting Services Agreement With Hemp, Inc.