Investing

Marijuana Stocks

  • Last Updated:
  • May 26th, 2018 6:19 pm
Deal Addict
Feb 27, 2015
1012 posts
463 upvotes
Toronto, ON
exit99 wrote:
Feb 13th, 2018 11:25 am
The rumors are that the WEED fin. are not very good...
zaidyboy wrote:
Feb 13th, 2018 11:35 am
where did you read that?
Sauce?

Or BS?
Newbie
Jan 25, 2018
28 posts
2 upvotes
most of these companies post negative income, due to the massive expansions and acquisitions. And their stock still goes up every time that announcement is made. And then goes down a few hours later.
Deal Addict
Mar 22, 2012
1573 posts
154 upvotes
Toronto
Stocks go down whenever there is good news from my short experience in this industry lol.

They can acquire new space, have an agreement, etc and it'll go down lol.
Deal Addict
Mar 22, 2012
1573 posts
154 upvotes
Toronto
pizdets17 wrote:
Feb 13th, 2018 5:27 pm
They will either be bought out or just run out of money when people put everything in the big 3. Im thinking it will be the latter. Just like big tobacco.
This is my biggest fear. I am down nearly 40% on some smaller stocks. Holding long term, I don't have a problem but I fear that they will be bought at a price that is lower than what I originally paid for (since I bought some of them near ATH).
Newbie
Jan 25, 2018
28 posts
2 upvotes
Thats why im sticking with the bigger guys for now. That might change at legalization but for now somehow I feel safer
Deal Addict
Mar 22, 2012
1573 posts
154 upvotes
Toronto
I have a piece in the bigger guys but some of the smaller guys I am with (CBW, HVST, etc) look as if they might stick it out longer but you never know. Itèll be a long road for me to make profit on some of these guys.
Member
Jul 4, 2017
348 posts
60 upvotes
/r/wallstreetbets is already talking about SPY collapsing tomorrow, which makes me think it'll have a nice bull run and end green

Although I hope it crashes, I wouldn't mind buying some cheap weed stocks lol
Deal Addict
Mar 22, 2012
1573 posts
154 upvotes
Toronto
Hope tomorrow isn't going to be known as Valentine's Day Massacre.
Deal Addict
User avatar
Jul 11, 2011
2271 posts
1000 upvotes
Ontario
Gonna be a green start to the day, lots of positive news today.

Canopy earnings, Quebec LOIs
THCX - 20,000kg
WEED - 12,000kg
APH - 12,000kg (up to)
LEAF - 8,000kg (minimum per year for 3 years)
ACB - 5,000kg (minimum)
Tilray - 5,000kg (up to)

Canopy Growth Corporation Reports Third Quarter Fiscal 2018 Financial Results: Focussed on Execution
https://www.newswire.ca/news-releases/474025453.html

Canopy Growth posts surprise profit as quarterly sales surge 123%
https://www.bnn.ca/canopy-growth-posts- ... 3-1.998665

---------------------

Canopy Growth signs letter of intent with Société des alcools du Québec
https://www.newswire.ca/news-releases/c ... 24343.html

Aphria signs letter of intent with SAQ to supply up to 12,000 kg of cannabis annually to Quebec market
https://www.newswire.ca/news-releases/a ... 24283.html

Hydropothecary signs letter of intent to supply Québec market
https://globenewswire.com/news-release/ ... arket.html

Aurora signs LOI with the Société des Alcools du Québec to Supply Cannabis for Quebec Adult Consumer Market
https://www.newswire.ca/news-releases/a ... 24313.html

MedReleaf signs LOI to supply the Province of Quebec with 8 tons of cannabis for the adult use market:
https://investors.medreleaf.com/press-r ... fault.aspx

Tilray :® Signs Letter of Intent with Société des alcools du Québec (SAQ) to Supply Province with Cannabis
http://www.4-traders.com/news/Tilray-Si ... -25990799/
Member
Jul 14, 2013
389 posts
31 upvotes
Apparently the USA CPI report will have an impact too?
Jr. Member
Jan 22, 2018
173 posts
28 upvotes
Market futures are down.... but then all the positive news for weed... who's gonna win? Lol
Deal Fanatic
User avatar
Oct 9, 2008
5171 posts
1611 upvotes
Thornhill
n0thing wrote:
Feb 14th, 2018 8:06 am
Apparently the USA CPI report will have an impact too?
dsichewski11 wrote:
Feb 14th, 2018 9:04 am
Market futures are down.... but then all the positive news for weed... who's gonna win? Lol
Weed sector plays to it's own tune (for better or worse) usually if you reference volatile periods in U.S markets, there is very little correlation as these stocks are not held by institutions or big ETF's.

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