Cannabis (Marijuana) Stocks

EHM on sale as well as ATT
TGIF still halted

Holy shit. PUF still going. I thought it was going to stop at 1.30, then 1.50. Wow.

Jon Lai wrote: ↑ Is there news? Otherwise I don't see how this 100% gain can be held..

The initial news with the LOI to collaborate with Supreme a few days ago.

Today that LOI was confirmed.

Jon Lai wrote: ↑ Is there news? Otherwise I don't see how this 100% gain can be held..

I don't follow them since it's not in my portfolio. I think their next earnings will be out at the end of Dec.

I guess I will have to let this train go and stick with my LG and LDS play which I bought base on speculation that price will go up once California legalize cannabis for recreational use.

dealbreak3r wrote: ↑damn! Namaste is tearing it up again today. When is this beast going to cool down or dip?

My trailing stop sell triggered at 2.125 , locked in a nice profit , might reenter real soon tho or start selling in partial lots

grilw wrote: ↑ My trailing stop sell triggered at 2.125 , locked in a nice profit , might reenter real soon tho or start selling in partial lots

u sell the full position? I have been burned too many times selling full positions. have since started doing 30-50% partial sell offs.

bought in to more BLGV. hoping for some good movement here.

MasterBD wrote: ↑ bought in to more BLGV. hoping for some good movement here.

Me too snagged some .125s. Should be good S/O at 237 mil but I still see this bad boy hitting .40/.50 on news

Is there a RFD MJ whataspp group?

Sold BLGV at 0.135 for a quick profit yesterday, looking to get back in the 11s

azncapcom wrote: ↑ u sell the full position? I have been burned too many times selling full positions. have since started doing 30-50% partial sell offs.

Yes I am already regretting selling! 10%/5% was clearly too aggressive ... live and learn I guess ! Will be looking for a re-entry point after a pullback soon

White Comet wrote: ↑ Sold BLGV at 0.135 for a quick profit yesterday, looking to get back in the 11s

I've been so tempted to do it as well

lilmikey wrote: ↑ EHM on sale as well as ATT
TGIF still halted

Jumped into ATT.

had a good day for me. CHV and QCC get a boost. LG is still a beast for me. Got in at $0.13.

Really want to get back into ATT.

Euro7r wrote: ↑ I've been so tempted to do it as well

i've been tempted a couple times. but i think it will hit 0.15 in the next week. will hold for a while. not planning to sell until 0.20

Does Loblaw stock price (through Shoppers Drug Mart) have any future potential with legalization??

Seems that most of the top weed companies aren't even making much money and it's just speculation driving up the share prices. Loblaw seems like a good way to indirectly invest into the marijuana industry if they end up dispensing.

rssdale wrote: ↑ Does Loblaw stock price (through Shoppers Drug Mart) have any future potential with legalization??

Seems that most of the top weed companies aren't even making much money and it's just speculation driving up the share prices. Loblaw seems like a good way to indirectly invest into the marijuana industry if they end up dispensing.

If the producers aren't making much money, how will Shoppers/Loblaws make money?

rssdale wrote: ↑ Does Loblaw stock price (through Shoppers Drug Mart) have any future potential with legalization??

Seems that most of the top weed companies aren't even making much money and it's just speculation driving up the share prices. Loblaw seems like a good way to indirectly invest into the marijuana industry if they end up dispensing.

You might want to check this out and specifically page 5 and that is only from 852 kg being sold at max capacity of 9k kg/yr

https://aphria.ca/wp-content/uploads/20 ... 18-MDA.pdf

Disclosure: I have 66% of my portfolio allocated to Aphria.

darkcloud8282 wrote: ↑ If the producers aren't making much money, how will Shoppers/Loblaws make money?

Well they aren't making much money compared to their stock price. Obviously they'll keep on producing but I doubt they'll hold their value. In that case Loblaw can potentially have another revenue stream. So worse case scenario I'm wrong and you end up with shares in a so so performing stock. If I'm right you save yourself from losing money and might see Loblaws see some nice profits.

I guess it all depends on the level of risk you wanna take though but it's just a thought I had. Not not trying to bash anyone here. I know lots of people have made a lot of money on weed stocks already but the amount of growth just seems to be too good to be true. I've already put some money into HMMJ but having doubts and might sell.