Investing

Cannabis (Marijuana) Stocks

  • Last Updated:
  • Mar 27th, 2024 10:47 pm
Penalty Box
Mar 27, 2004
10493 posts
9009 upvotes
Toronto
# Orders Shares Bid Ask Shares # Orders
3 3300 3.760 3.790 4600 2
5 12800 3.750 3.800 6200 6
2 1700 3.740 3.810 600 1
1 1200 3.730 3.820 6100 3
1 2700 3.720 3.830 600 1
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Feb 27, 2015
6974 posts
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Toronto, ON
oasis100 wrote: # Orders Shares Bid Ask Shares # Orders
3 3300 3.760 3.790 4600 2
5 12800 3.750 3.800 6200 6
2 1700 3.740 3.810 600 1
1 1200 3.730 3.820 6100 3
1 2700 3.720 3.830 600 1
Thanks
Penalty Box
Mar 27, 2004
10493 posts
9009 upvotes
Toronto
Things are recovering..everything will be fine

everyone will regret not buying in at these prices.
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Aug 7, 2007
4795 posts
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GTA
KINGKAM wrote: Things will recover. I'm down -16.58% and over $900.

Not even stressing! I love it actually. When I get paid I'll buy more in the next 2 weeks.

My plan is hold for 2-3 years anyways.

Holding: MPX, APH, WEED, MARI
No offense but you don't have as much stress because you have a small stake in it.
Sr. Member
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Mar 27, 2012
852 posts
158 upvotes
Baffin Island, NU
hybrid09 wrote: Ugh Abattis and Supreme why you gotta do me dirty like that :(
I'm at the same page with you.

I will have to change my strategy to partially invested once this sector go in full steam again.
oasis100 wrote: Things are recovering..everything will be fine

everyone will regret not buying in at these prices.
It is just another Dec 29 & Jan 4 but this time TD is up and running
Member
Jan 20, 2010
323 posts
21 upvotes
ADRiiAN` wrote: No offense but you don't have as much stress because you have a small stake in it.
Fair enough. I only invested $5500.
Penalty Box
Mar 27, 2004
10493 posts
9009 upvotes
Toronto
Once SDM announce they got their license to deal, MedReleaf and Aphria are going past 30$. Today will be seen as a great day to have got in.
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Aug 10, 2015
345 posts
270 upvotes
Toronto
ADRiiAN` wrote: No offense but you don't have as much stress because you have a small stake in it.
Small stake for you can be a big stake for someone else. ($ wise)
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Aug 7, 2007
4795 posts
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KINGKAM wrote: Fair enough. I only invested $5500.
But it all comes down to what you can afford. Maybe $5500 is all you have or maybe it's only 10% of your portfolio.

It's always good to limit your risk.
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Feb 17, 2017
549 posts
92 upvotes
I just want to say that whoever mentioned EAT on this thread a while back I don't like you. Also my fault for listening and not doing enough DD
Who you know matters sometimes but what you know is invaluable
Sr. Member
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Mar 27, 2012
852 posts
158 upvotes
Baffin Island, NU
Welcome and congrats to all those who entered at earlier low :)
Penalty Box
Mar 27, 2004
10493 posts
9009 upvotes
Toronto
https://www.canada.ca/en/health-canada/ ... anada.html

9,215 Canadians aged 16 and older responded to the 2017 Canadian Cannabis Survey

Cannabis use
Respondents were asked about their cannabis use for non-medical purposes within the past 12 months. Twenty-two percent (22%) of survey respondents reported having used cannabis in the past 12 months.

Frequency of cannabis use
Respondents who had reported using cannabis over the past 12 months were asked how frequently they used the substance. A little over half of these respondents reported using cannabis less than 3 days per month (55%), and 18% reported daily cannabis use. The most common response was less than one day per month (36%), followed by daily (18%), 2-3 days per month (13%), 1-2 days per week (11%), 3-4 days per week (9%), 1 day per month (6%), and 5-6 days per week (6%).
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Sr. Member
Jul 22, 2015
797 posts
464 upvotes
Ontario
Picked up ATT, ACB, N, and APH today. Hoping for some gains next week!!
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Aug 7, 2007
4795 posts
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Leonidas wrote: I just want to say that whoever mentioned EAT on this thread a while back I don't like you. Also my fault for listening and not doing enough DD
lol. EAT was being pumped heavy on Reddit.
Deal Addict
May 17, 2012
3199 posts
2222 upvotes
ontario
oasis100 wrote: https://www.canada.ca/en/health-canada/ ... anada.html

9,215 Canadians aged 16 and older responded to the 2017 Canadian Cannabis Survey

Cannabis use
Respondents were asked about their cannabis use for non-medical purposes within the past 12 months. Twenty-two percent (22%) of survey respondents reported having used cannabis in the past 12 months.

Frequency of cannabis use
Respondents who had reported using cannabis over the past 12 months were asked how frequently they used the substance. A little over half of these respondents reported using cannabis less than 3 days per month (55%), and 18% reported daily cannabis use. The most common response was less than one day per month (36%), followed by daily (18%), 2-3 days per month (13%), 1-2 days per week (11%), 3-4 days per week (9%), 1 day per month (6%), and 5-6 days per week (6%).
so 1.4 million canadians use marijuana recreational on daily basis. :)

(based on 18% of 22% of 36 million canadians)
Penalty Box
Mar 27, 2004
10493 posts
9009 upvotes
Toronto
I would say somewhere around 4% is good number.

It's only going to grow as well. Especially for medical purposes.

1 gram a day. is 511m grams, or 511,000kg, $4B/ yearjust from daily users. assuming 8$ a gram..
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Nov 8, 2011
1876 posts
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Not NEPEAN
I think market will grow significantly because a lot of people will not smoke it but using an oil or edible will be significantly easier and lower the stigma associated with smoking it. That alone will bring many more users to the table. Also people being able to buy it and try it for health reasons or to treat ailments without having to get subscription is huge. CBD oil made my quality of life significantly better when I was going through chemo and also helps my wife when she experiences bouts of insomnia. It may take time but the industry will be massive.
Deal Fanatic
Apr 25, 2006
8454 posts
3628 upvotes
Sell off is done. Flash crash and its recovering.
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius

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