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Cannabis (Marijuana) Stocks

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  • Jan 23rd, 2021 1:27 am
Sr. Member
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Mar 27, 2012
802 posts
106 upvotes
Baffin Island, NU
rssdale wrote: 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.

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.
I'm with you on that one.

I think for new investors it would be safe for them to stick with HMMJ unless they are really planning on holding long term (10-15 years) since I think most or all of the cannabis/cannabis related SP right now is solely dependent with news/speculation.

I also think there will be lots of opportunity to buy in after the legalization happen so for now I'll enjoy staring at my 91% UNREALIZED gain from Aphria.
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May 6, 2010
2881 posts
283 upvotes
Markham
darkcloud8282 wrote: If the producers aren't making much money, how will Shoppers/Loblaws make money?
Maybe it's good that Shoppers will not dispense them? Yes, broad stroke here but I don't think the recreational weed users are Shoppers' targeted customers. The medicinal weed users will canabilize its pain controlled opiod sales.
Deal Addict
Sep 15, 2006
1156 posts
471 upvotes
Ottawa
azncapcom wrote: 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
Are you feeling confident it will hit 0.20?
Deal Fanatic
Jan 22, 2006
5049 posts
2556 upvotes
Northside
FFT and N both making runs...HOLY &^T&%&%*%&*%
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User avatar
Apr 24, 2006
3588 posts
345 upvotes
even though I only have profits now in N, sold my initial investment, I am wondering if I should sell more at some time because this run up this fast doesn't seem sustainable. But again, look at FFT and MYM making crazy runs...
Sr. Member
User avatar
Mar 27, 2012
802 posts
106 upvotes
Baffin Island, NU
It looks like my LDS play is finally heating up. Man! that Namaste is killing it again today.
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Lenticular Coin and Stamp Set - Superman: Then and Now (2013) for $40.00 + S&H
Deal Fanatic
Jan 22, 2006
5049 posts
2556 upvotes
Northside
White Comet wrote: even though I only have profits now in N, sold my initial investment, I am wondering if I should sell more at some time because this run up this fast doesn't seem sustainable. But again, look at FFT and MYM making crazy runs...
thinking about selling my initial investment. Hoping it hits $3 next week.
Deal Addict
Feb 7, 2006
2750 posts
1270 upvotes
Into CPTR, KALY, ISOL. Out of QCA and CDA yesterday. Looking to get back into BLGV but and a big but, their team looks a little sketchy. Looked at FFT but ended up dealing with an appliance delivery yesterday...oh well.
Newbie
Jan 3, 2017
67 posts
13 upvotes
Still holding onto N.

Those moments when I say to myself, I should have bought more or could have, what if.
Sr. Member
User avatar
Mar 27, 2012
802 posts
106 upvotes
Baffin Island, NU
Euro7r wrote: Still holding onto N.

Those moments when I say to myself, I should have bought more or could have, what if.
Welcome to my world Disappointed But Relieved Face

Wow! APEhria is going banana again.
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Lenticular Coin and Stamp Set - Superman: Then and Now (2013) for $40.00 + S&H
Member
Jan 29, 2008
413 posts
50 upvotes
How does Aurora look guys? I see it is still somewhat cheap at $7 per share. APH is a little too much for me now.
inhale truth;
exhale fear
Member
Aug 18, 2013
223 posts
80 upvotes
NCR
fix23 wrote: How does Aurora look guys? I see it is still somewhat cheap at $7 per share. APH is a little too much for me now.
Looking pretty good at the moment!
Member
Jan 29, 2008
413 posts
50 upvotes
Wish I just bought Aurora instead of asking what you guys think. It's up 30 cents since I made that post. Damn.
inhale truth;
exhale fear
Member
Aug 18, 2013
223 posts
80 upvotes
NCR
fix23 wrote: Wish I just bought Aurora instead of asking what you guys think. It's up 30 cents since I made that post. Damn.
By chance, I picked up another 1500 of ACB this morning when it dipped below $7...hoping for some good news today from the increased volume I'm seeing right now. Was going to sell some yesterday and buy N...good thing I held off. Hope others were able to cash in on the dip.

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