Cannabis stocks
- Thread starter Bubbas.dad
- Start date
Corso312
Well-Known Member
As soon as I heard out fat fuck billionaire governor had a piece of it..I jumped on.
Angus Hung
Well-Known Member
follow the money..
Bubbas.dad1
Well-Known Member
My investment with Truelieve has paid off pretty well so far. Tcnnf, it’s a over the counter stock, but they are getting ready for a up listing to a us exchange. It should get a good bump from there.
Angus Hung
Well-Known Member
that dam cresco just keeps rallying.. good buy Corso312
Angus Hung
Well-Known Member
that truelive is on fire too.
LEDTonic - Daniel
Active Member
I own a bit of TCNNF. Bought at $18 in September and it has treated me well. I chose TCNNF over Canopy and Aurora because of their continuous revenue growth and that they were making a profit. It seems to me that large companies like Aurora have made rather poor acquisitions over the years, especially when cannabis stocks were hyped. The big companies appeared to be wasteful of their capital and even had to close/sell some of their acquisitions. TCNNF appeared to be the small underdog that focused on slow but steady growth and only operated in Florida but were making smart investments in other states. In my eyes it looks like they are preparing to go from one state to several in the coming years through their acquisitions. Their economically responsible growth seems to maintain and I see their expansions to other states as a major catalyst in the short and mid term.
I haven't checked up on them as much as I should have in recent months so I won't pretend to know what they have been doing in 2021 but their fundamentals in mid 2020 were strong.
I haven't checked up on them as much as I should have in recent months so I won't pretend to know what they have been doing in 2021 but their fundamentals in mid 2020 were strong.
LEDTonic - Daniel
Active Member
I use Tradestation and International Brokers. I saw that IB's CEO or owner was out in the news backing the hedge funds in the Robinhood battle. It left a bitter taste in my mouth. Haven't come across any negativity from Tradestation yet.
Their app is decent but website fairly outdated. The transaction cost is usually around $5 per purchase. I rather pay a fee for my trades than become the company's product.
Their app is decent but website fairly outdated. The transaction cost is usually around $5 per purchase. I rather pay a fee for my trades than become the company's product.
ÒÒlegilizeitÒÒ
Well-Known Member
Here is my portfolio, load up most of it early 2020
Probably 90% pot stocks
Probably 90% pot stocks
ÒÒlegilizeitÒÒ
Well-Known Member
I need to add a lot of MSOS. I got some in my roth and it has been absolutely running
Lucky Luke
Well-Known Member
You should cash that in and buy a motorcycle
ÒÒlegilizeitÒÒ
Well-Known Member
Here is my roth, a more typical selection lol also loaded this up back in early 2020
LEDTonic - Daniel
Active Member
Next to impossible to lose money on stocks in 2020 haha. Sadly, that trend is unlikely to continue imo.
ÒÒlegilizeitÒÒ
Well-Known Member
I disagree on cannabis stocks,
Any new laws or reforms go in place, big money
Medical legalization, huge money
Federal legalization, pot stocks would go crazy just like they did in 2018 when Cananda legalized.
But they would also probably come down soon after to more reasonable levels like the Canadian pot stocks in late 2019. But thats talking years down the road now
Mcwhippin420
Well-Known Member
I use em it gets the job done but basic as fuck
Bubbas.dad1
Well-Known Member
They now have licenses in Pennsylvania and Massachusetts, w Virginia. Maybe more. 70 + dispensary locations in Florida. They sell over half the medical weed in Florida. Very disciplined folks. I started buying at 11, so the $46 it closed on Friday has given me a great return. I think if it gets uplisted to a US exchange, probably nasdaq, it could double.