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Posted

My weed stock (CRON) hasn't being doing shit...took a huge hit and hasn't fully recovered. Fortunately, I have my own weed to fix my blues 🙂

Colin P.

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Posted
23 minutes ago, colin007 said:

My weed stock (CRON) hasn't being doing shit...took a huge hit and hasn't fully recovered. Fortunately, I have my own weed to fix my blues 🙂

I think CRESCO labs is vertically integrated.  So I went with them instead.

Don

:titleist: 910 D2, 8.5˚, Adila RIP 60 S-Flex
:titleist: 980F 15˚
:yonex: EZone Blades (3-PW) Dynamic Gold S-200
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Posted
On 2/10/2021 at 11:07 AM, Yukari said:

Given many states allowing marijuana use, I invested in some marijuana stocks (Cresco Labs: CRLBF) last year.  It has gone up over 60% since Biden won the election.

They’ve done pretty good lately, but extremely volatile.

It’s reliant on it getting legalized on a federal level. If that happens, watch out. 

:Mizuno: 

 


Posted
Just now, DewSweeper09 said:

They’ve done pretty good lately, but extremely volatile.

It’s reliant on it getting legalized on a federal level. If that happens, watch out. 

Even then it might turn into a bubble. I would scrutinize each company to make sure they are set up for the long term. I foresee this turning into a situation were maybe Big Pharma comes in and buys these small businesses to get large market share. Or, a few companies soon buy out other ones to consolidate down to a handful of businesses. This seems to be the trend for every industry over time. Long term, you want to be in those companies. 

Matt Dougherty, P.E.
 fasdfa dfdsaf 

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Driver; :pxg: 0311 Gen 5,  3-Wood: 
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Posted
2 minutes ago, saevel25 said:

Even then it might turn into a bubble. I would scrutinize each company to make sure they are set up for the long term. I foresee this turning into a situation were maybe Big Pharma comes in and buys these small businesses to get large market share. Or, a few companies soon buy out other ones to consolidate down to a handful of businesses. This seems to be the trend for every industry over time. Long term, you want to be in those companies. 

Very possible. I don’t really invest in weed stocks. I threw a few grand at an etf called MJ. That’s it, and I’ve let it sit and it’s doubled but still don’t trust it.

:Mizuno: 

 


Posted

As with any stocks, you should do your due diligence.  But it's always a risk-reward situation. 

I am hoping with so many states legalizing MJ, I am betting on it to go legal on the federal level.  

Just put down a few $ that i can afford to gamble.

Don

:titleist: 910 D2, 8.5˚, Adila RIP 60 S-Flex
:titleist: 980F 15˚
:yonex: EZone Blades (3-PW) Dynamic Gold S-200
:vokey:   Vokey wedges, 52˚; 56˚; and 60˚
:scotty_cameron:  2014 Scotty Cameron Select Newport 2

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Note: This thread is 1972 days old. We appreciate that you found this thread instead of starting a new one, but if you plan to post here please make sure it's still relevant. If not, please start a new topic. Thank you!

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