Can you buy " cannabis stock"?
- Thread starter bd6187
- Start date
Sickofitall420247
Well-Known Member
Yes you can.
igrowdabest
Member
Lots of different stocks to choose but I think the boom may be long over. Looks like it was best to invest around 2017/18 and be cashed out before the crash (2020)
But what do I know
But what do I know
Bud man 43
Well-Known Member
Yes- but don’t. They have been mostly duds.
If you do don’t go long, cash out if you profit
I had the same thought 6 years ago or so.
See whal 1k would turn into. Started out ok.
Last I checked the account was negative $28
If you do don’t go long, cash out if you profit
I had the same thought 6 years ago or so.
See whal 1k would turn into. Started out ok.
Last I checked the account was negative $28
bd6187
Well-Known Member
Yeah, I figured it's probably not worth it. Though I bet if I buy now and wait a year I would make something...but not much.
J. Rocket
Well-Known Member
true.
lost a couple K on 2. broker had to go thru Canada to buy them.
one is worth less than the cost to dump it. the other is hovering around 1% of original investment.
best bet IMO is the "support" businesses; fan makers, tent makers, home grow equipment makers/suppliers, etc.
I bought some inexpensive equipment a few years ago, really liked it and figured out it was a publicly held company.
makes it easier to rationalize that next grow equip. purchase.
Bud man 43
Well-Known Member
Yes- I believe some of the richest 49ers actually didn’t dig for gold- they sold picks and shovelstrue.
lost a couple K on 2. broker had to go thru Canada to buy them.
one is worth less than the cost to dump it. the other is hovering around 1% of original investment.
best bet IMO is the "support" businesses; fan makers, tent makers, home grow equipment makers/suppliers, etc.
I bought some inexpensive equipment a few years ago, really liked it and figured out it was a publicly held company.
makes it easier to rationalize that next grow equip. purchase.
J. Rocket
Well-Known Member
some of the price increases were insane... eggs went up to $3 each.
Phytoplankton
Well-Known Member
They're advertising on TV for investments in CBD. Pretty sure the brokers get rich even if the investors lose it all,.
J. Rocket
Well-Known Member
got a TD Ameritrade account, used to be Scottrade, it'll be something else soon.
no cost for buy/sell reg stocks, 1 or 100,000 shares.
the cannabis ones were pink paper or something, I forget. cost $7 each end.
only other costs have been very small "bookkeeping" types like when a stock splits
.
no cost for buy/sell reg stocks, 1 or 100,000 shares.
the cannabis ones were pink paper or something, I forget. cost $7 each end.
only other costs have been very small "bookkeeping" types like when a stock splits
.
Herb & Suds
Well-Known Member
Kinda like buying crypto
Hard pass
Hard pass
Kerowacked
Well-Known Member
In up to my knees. Sooner or later the feds will allow banks to do business with them if not outright legalization but til now investing in pot stocks has been disastrous across the board.