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Cannabis (Marijuana) Stocks

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  • Mar 27th, 2024 10:47 pm
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Aug 7, 2007
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This isn't sustainable...

December 2017, this sector took just under 40 days to rise before crashing, in which that crash took about 20 days.
April 2018, this sector took just under 60 days to rise before crashing down, in which that crash took about 30 days.
This August 2018 rise started August 14th, we are about 21 days into this rise and it has ramped up much faster than the previous.

History doesn't repeat itself, but I can't help but think it will.
Deal Expert
May 30, 2005
49009 posts
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Richmond Hill
ADRiiAN` wrote: This isn't sustainable...

December 2017, this sector took just under 40 days to rise before crashing, in which that crash took about 20 days.
April 2018, this sector took just under 60 days to rise before crashing down, in which that crash took about 30 days.
This August 2018 rise started August 14th, we are about 21 days into this rise and it has ramped up much faster than the previous.

History doesn't repeat itself, but I can't help but think it will.
I don't remember a bull run in April...

Also, how did this run rise faster than before? January was by far much faster.
Tons of things for sale!
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Feb 27, 2015
6973 posts
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Only difference between all those crashes.... Weed wasn't confirmed to be legal.

Now OCT 17, nothing can change that..

There might be no crash...

Which is ****
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Sep 19, 2004
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where I belong
Feel bad for ACB holders, up only +1.5%
vs. others +10~15%

WEED still making ATH daily, wow, why did I sell
STZ is making big bucks ($48 investment, now it's $65 already)
Which Credit Cards to sign up? >> Jerry's Mega Thread of Credit Cards Q&A
Deal Fanatic
Jun 3, 2009
5735 posts
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Montreal
ADRiiAN` wrote: This isn't sustainable...

December 2017, this sector took just under 40 days to rise before crashing, in which that crash took about 20 days.
April 2018, this sector took just under 60 days to rise before crashing down, in which that crash took about 30 days.
This August 2018 rise started August 14th, we are about 21 days into this rise and it has ramped up much faster than the previous.

History doesn't repeat itself, but I can't help but think it will.
Bitcoin and Ethereum had real world applications and rose way faster than what most people thought it would based on potential future growth and lots of empty promises. Many paid 15k for a Bitcoin financed with debt and we all know what happened.

Rob Sands will be fired sooner or later by his board and shareholders. He's no Buffett nor Druckenmiller.

I don't know if most people in Canada and abroad will be smoking pot in their backyard and drinking pot beer before going to work. Most pot users I've seen are students, hipsters or low middle income earners who aren't making 80k a year. The wealthy are rather into coke and more hardcore stuff.
Last edited by cn_habs on Sep 4th, 2018 10:25 am, edited 1 time in total.
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Aug 7, 2007
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Jon Lai wrote: I don't remember a bull run in April...

Also, how did this run rise faster than before? January was by far much faster.
WEED has a run up in April, not as drastic as now and December 2017.
As for the Dec/Jan run up, re-looking at the chart, it's pretty much spot on like this run up. Both are extremely quick in a rise.
Temp. Banned
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Jul 11, 2011
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JRGUINNESS wrote: Who in there right mind would pay 63$ for weed?!?!

That's nuts
The guy that now owns $65 WEED I guess
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Aug 28, 2012
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Kanata, ON
If you had to place your bets on who would make a more successful product line of infused beverages, what company combo would you choose:

A. Canopy Growth / Constellation Brands

B. Hydropothecary (Hexo) / Molson Coors


(I own both CGC and HEXO. In CGC longer +500%, but much heavier in HEXO)
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Apr 24, 2014
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Happy I held HUGE, but what's up with the volume? 63.7M shares traded already..!
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Jan 22, 2006
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Northside
Man, I'm loving Namaste right now lol. Hopefully we see $3 very soon? Thoughts @hebsie ?
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Mar 10, 2005
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MarvinMartian wrote: If you had to place your bets on who would make a more successful product line of infused beverages, what company combo would you choose:

A. Canopy Growth / Constellation Brands

B. Hydropothecary (Hexo) / Molson Coors


(I own both CGC and HEXO. In CGC longer +500%, but much heavier in HEXO)
just buy both Smiling Face With Open Mouth
"If you want to improve, be content to be thought foolish and stupid." - Epictetus
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Dec 22, 2008
370 posts
98 upvotes
Toronto
Remember that all it takes is some negative NAFTA talks to tank everything for a few days.

Don't let FOMO dictate risky moves.

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