Investing

Cannabis (Marijuana) Stocks

  • Last Updated:
  • Mar 24th, 2019 11:45 pm
Sr. Member
Jan 22, 2015
631 posts
162 upvotes
Told myself I'll only put in a few thousand bucks into HMMJ (2 weeks ago at $15ish) and it's doing quite well!

Woke up this morning and caved in. Ended up putting another 7k into the big 3, Wonder if I'll regret this. But I'm thinking the holiday affect is coming into play here. Might sell some off if gains skyrocket again after New Years.
Deal Addict
Jan 22, 2006
4244 posts
2072 upvotes
Northside
I still think FFT and Namaste have insane potential. I'm going to let it ride!
#WeTheNorth
Deal Addict
Mar 27, 2004
2937 posts
425 upvotes
Toronto
so much insider trading on EAT.
Cash rebate Realtor

Homelife Bayview

President Award 2018
Deal Addict
Jan 22, 2006
4244 posts
2072 upvotes
Northside
White Comet wrote:
Dec 28th, 2017 11:38 am
damn, missed the FFT entry point around 1.1 :(
still a good buy considering all the recent deals they've had.
#WeTheNorth
Sr. Member
User avatar
Mar 27, 2012
764 posts
92 upvotes
Baffin Island, NU
Darn bad moved for me. I cleared my HIVE to have some funds, I end up buying EAT at .91 and now I'm hoping that my order of 3.00 N will get fill once they resume trading.
For Sale

Lenticular Coin and Stamp Set - Superman: Then and Now (2013) for $40.00 + S&H
Deal Addict
Jan 22, 2006
4244 posts
2072 upvotes
Northside
BLGV has hit 0.14 today as well. slowly but surely!
#WeTheNorth
Deal Addict
User avatar
Jan 4, 2007
1256 posts
49 upvotes
Keswick
the top players are all up again. Guys playing with the little players are Playing with FIRE.
Deal Expert
User avatar
Apr 21, 2004
48686 posts
14264 upvotes
What's with next July? Had to dig this article up after reading it on the train. Can anyone shed some light as to what's so special about July 2018? Is it up up and away until then?


http://business.financialpost.com/inves ... s-for-2018

A ‘bubble’ is going to pop badly

Now, to cover our bases we are not going to predict which bubble, but there are many these days, and investors are in a frenzy. This likely will not end well. Lithium, cobalt, Bitcoin, marijuana — you name it and there is a least the potential of a bubble forming in all. Our bet on which one will pop? Marijuana. Think about it. If you are not smoking pot now, are you suddenly going to start toking up next July? Unlikely. In addition, if every single person in Canada spent $100 a year on pot, the market would still only be $3.7 billion. But based on the market valuation of public marijuana companies, investors seem to think the market size is going to be $20 billion. We would expect marijuana stocks to perk up into July and then likely roll over when quarterly numbers reveal far less growth than expected.
Aeroplan Miles Points for Sale -- only 1.5 cents per mile
aeroplan-miles-points-sale-only-1-5-cen ... #p30504516
Sr. Member
Nov 20, 2008
869 posts
154 upvotes
speeeeee wrote:
Dec 28th, 2017 12:08 pm
the top players are all up again. Guys playing with the little players are Playing with FIRE.
Please elaborate
Jr. Member
Sep 16, 2017
147 posts
69 upvotes
wow kind of rattled at the FFT play, just took a huge dive after buying in at 1.9.

wiped out almost the entire gain i realized on GLH lol
Sr. Member
Nov 20, 2008
869 posts
154 upvotes
July 2018 is significant because that is when pot will be legal. Or should be with no delays.
Deal Addict
Mar 22, 2010
1995 posts
329 upvotes
alanbrenton wrote:
Dec 28th, 2017 12:11 pm
What's with next July? Had to dig this article up after reading it on the train. Can anyone shed some light as to what's so special about July 2018? Is it up up and away until then?

http://business.financialpost.com/inves ... s-for-2018

A ‘bubble’ is going to pop badly
I also feel the burst creeping up but for analyst's worth, he should put it out there with better research. I find that it is just too easy to say "hey bubble is going to burst". Why? Let's say the bubble do burst. You hit the nail and you are the new Nostradamus. No burst? fine, everyone still happy because their investment goes up higher. For analyst, it is too risky to say we are still heading higher.
Last edited by rapashoo on Dec 28th, 2017 12:16 pm, edited 1 time in total.

Top