Investing in Cannabis Related Stocks

Nooky72

Nooky72

Dog Marley
Fortune favours the brave, so whilst it has been a bad week for green stocks it is also a buying opportunity for the bolder investor
 
Nooky72,
DabConnection

DabConnection

DabConnection.com
OldNewbie said:
Does anyone know of a cannabis fund or index out there? As with others, I believe the industry is going to make money and I'd love to get a piece. Picking a winner, however, is better for me if I save it for the horse track.
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There is the Emerging Agrosphere ETF. It is a bunch of different companies and I do not believe it is approved yet.

I think most the cannabis stocks are overvalued and pretty much hype. Historically, almost all penny stocks go to $0.00 in the long run. The only people I have seen win with penny stocks are active traders who get out.
 
Nooky72

Nooky72

Dog Marley
Classic pointless phrase often trotted out at times like this....

Long term fundamentals remain intact!
Up a little today anyway
 
Nooky72,
TwistedGray

TwistedGray

Well-Known Member
Haven't posted here in a while, but I dumped my GWPH stock today.

I took a little loss, but I jumped on the INSY bandwagon now that they got hit the lawsuit. Perhaps the stock will drop another $2-3, but I think it'll be back up to $12-15 in the next 1-3 months. They're also forecasted to drop a bit further when they release earnings next month.

My CNBX stock is still garbage...not sure if that one will ever rebound. Unfortunately I have just over $700 wrapped into that, and it's worth about $215 right now. Doh!
 
TwistedGray,
Tranquility

Tranquility

Well-Known Member
What a great time it is to be alive! I put this in the investing thread because I'd look to the companies that hire such grads for a good investment.

https://www.usatoday.com/story/news...egree-northern-michigan-university/745964001/

But the Northern Michigan University program is unique, mixing chemistry, biology, botany, horticulture, marketing and finance in a four-year program that began this semester. The first class has a dozen students, but Mark Paulsen, director of the university’s chemistry department, expects that number to grow quickly.​
 
Tranquility,
TwistedGray

TwistedGray

Well-Known Member
TwistedGray said:
Haven't posted here in a while, but I dumped my GWPH stock today.

I took a little loss, but I jumped on the INSY bandwagon now that they got hit the lawsuit. Perhaps the stock will drop another $2-3, but I think it'll be back up to $12-15 in the next 1-3 months. They're also forecasted to drop a bit further when they release earnings next month.

My CNBX stock is still garbage...not sure if that one will ever rebound. Unfortunately I have just over $700 wrapped into that, and it's worth about $215 right now. Doh!
Click to expand...

They're just under $8 now, so would be a good time to buy ... I think (Re: INSY).
 
TwistedGray,
TwistedGray

TwistedGray

Well-Known Member
Well, after losing several thousand (more than half my investments) in cannabis stock I am pulling the plug for now. If I can ever re-coop the losses, I'll be back in it again, but until then good luck guys and gals. 2017 was clearly NOT the year of cannabis, lol.
 
bizwaxzion

bizwaxzion

Enigmatic Cannabist
I've got a couple that have gone through the roof - BLOZF and CANN. Been sitting on both for about 18 months and they are now showing 1200-1500% gains. Don't know if it's directly tied to Cali's move to legal cannabis or not but most of the gain has been in the last couple days...
 
Tranquility

Tranquility

Well-Known Member
bizwaxzion said:
I've got a couple that have gone through the roof - BLOZF and CANN. Been sitting on both for about 18 months and they are now showing 1200-1500% gains. Don't know if it's directly tied to Cali's move to legal cannabis or not but most of the gain has been in the last couple days...
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If you have most of your gains in the last couple of days, you might consider selling. There is no way any real business is worth 12 to 15 times what it was in a couple of days unless there is something unique and new involved. (Patent granted, medicine proven, etc.) Unless the "something" is directly related to the bottom line and you have the numbers to show it, that rise is speculation.

I'd take the profit.
 
bizwaxzion

bizwaxzion

Enigmatic Cannabist
@OldNewbie I've considered it for sure, but I'm going to hold them. These two came onto my radar in 2014 (CANN is actually down 40% from it's price then) and I waited a couple years to actually buy at very low cost. There have been a couple times since then that I've kicked myself (in retrospect) for not selling - but I feel like there's still some left in the tank. I've got a couple others that are not performing nearly as well that will probably churn at the first sign of profit.
 
TwistedGray

TwistedGray

Well-Known Member
And of course, I looked back at the stocks I took a loss on and they're excelling. I hope that I have learned some lesson throughout this ... maybe stocks aren't for me, lol.
 
TwistedGray,
macbill

macbill

Oh No! Mr macbill!!
Staff member
God, I hope I'm not spamming. I saw this on the Internet, so it must be true.....

3 Marijuana ETFs That Will Have a Huge 2018
In the world of exchange-traded funds (ETFs), the most widely anticipated products are those related to cryptocurrencies and marijuana stocks. Investors will be waiting awhile for digital currency ETFs as regulators recently rebuffed plans for such funds. Fortunately, marijuana ETFs are not encountering the same resistance.
 
C

CrispGreenLeaves

New Member
TwistedGray said:
I could not find another thread related to investing in cannabis related stocks. I am curious what everyone's thoughts are on this ... preferably those who actively trade and/or follow stocks.

NOTE: This is a living list, thus I will update it as we get more information. I have broken down the list to those on the major exchange and those on OTC (over the counter) or the Grey Market.

NASDAQ stock
INSY
GWPH
CARA
ZYNE

OTC or Grey Market stock
KEEKF
MCIG
VPRB
EMMBF
MJNA
VBIO
AXIM
CGRW
CANN
BLPG
CBIS
CBDS
CBGI
CNBX
MSRT
Click to expand...

This is a good topic, i'm going to research a little bit more on this
 
CrispGreenLeaves,
Tranquility

Tranquility

Well-Known Member
Silver420Surfer said:
Keep your damn Wall Street outta my cannabis!!:goon:
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Why not? Don't you want the industry to grow?

Wall Street is about putting investors and industry members together. There's going to have to be some capital invested to create a product that is safe (tested, no pesticides, no etc.) and available to all who want or need it. Without a Wall Street, only the guy who knows the guy can even talk to the guys to bring them together to refine, grow, bake or whatever they want to do with cannabis.

The particular article regarding ETF might point to those trying to solve the banking problem by using blockchain.
 
Silver420Surfer

Silver420Surfer

Downward spiral
Wall Steet has ZERO to do with "safe(tested, no pesticides. no.etc.)" cannabis. The Colorado Marijuana Enforcement Division has done that with absolutely NO input from the money monkeys from New York. None.
Tight regulations and rules(also enforcing those rules across the board) are what governs the cannabis market in Colo. Also, Wall Street hates regulation, pretty sure that's very well known sentiment.

Do I want the industry to grow?? LoL
Please see sales data from just last 4 years. The industry has effin flourished beyond most folks wildest dreams.

Official Colorado sales data

2014: $683.52 million
2015: $995.59 million
2016: $1.31 billion
2017 (January to October): $1.26 billion
Total: $4.25 billion

Unofficial sales data calculated by The Cannabist
2014: $699.2 million
2015: $996.18 million
2016: $1.31 billion
2017 (January to October): $1.28 billion
Total $4.29 billion


Many of the "WAL-Mart"(aka,the big money grows) of weed companies have been the ones who have been busted for using banned pesticides(some many times). Maybe because profit-over-everything-else mentality isn't the best way to grow the industry that I have been involved with since 2014.

Making the Wall Street is needed to get everyone access who wants it to safe teseted Cannabis is.....:doh:.
 
Silver420Surfer,
Tranquility

Tranquility

Well-Known Member
Silver420Surfer said:
Wall Steet has ZERO to do with "safe(tested, no pesticides. no.etc.)" cannabis. The Colorado Marijuana Enforcement Division has done that with absolutely NO input from the money monkeys from New York. None.
Tight regulations and rules(also enforcing those rules across the board) are what governs the cannabis market in Colo. Also, Wall Street hates regulation, pretty sure that's very well known sentiment.

Do I want the industry to grow?? LoL
Please see sales data from just last 4 years. The industry has effin flourished beyond most folks wildest dreams.

Official Colorado sales data

2014: $683.52 million
2015: $995.59 million
2016: $1.31 billion
2017 (January to October): $1.26 billion
Total: $4.25 billion

Unofficial sales data calculated by The Cannabist
2014: $699.2 million
2015: $996.18 million
2016: $1.31 billion
2017 (January to October): $1.28 billion
Total $4.29 billion


Many of the "WAL-Mart"(aka,the big money grows) of weed companies have been the ones who have been busted for using banned pesticides(some many times). Maybe because profit-over-everything-else mentality isn't the best way to grow the industry that I have been involved with since 2014.

Making the Wall Street is needed to get everyone access who wants it to safe teseted Cannabis is.....:doh:.
Click to expand...

Colorado is not the market. Being the first brings in money from every guy who knows a guy. You can't small-ball the way to a national market.

We want Wall Street in the game. Once the pension funds get in, scheduling is dead. Once individual investors who are of the type to not live on the edge get in, scheduling is dead.

Follow the money. Cannabis will be frowned upon by society as long as it is some secret industry where only those with the "nod" can get in. When everyone owns a piece...
 
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