Quote (NatureNames @ Nov 1 2019 10:25pm)
There is winners and a LOT of losers in the cannabis industry. Its legal where i live, and business / producer licenses are passed out freely. So many that most of the people that have invested into the industry have crashed, burned, and moved on. Only the top percentage are successful in this highly competitive market.
Federal legalization is not in the foreseeable future. It's probably too early to make smart investment plans for it. If you are looking for a successful large-scale producer I'd suggest focusing on companies located where cannabis grows best. Lower production cost / higher yields are going to help a farmer beat the competition.
Invest wisely or expect to lose everything.
Buy fear sell greed, it is really that simple.
IAN $2 a share I'll be happy to talk with you again 5 years even 1 year from now and we can see what the share price is then! Good advice though I know a lot of people who did not sell into the euphoria and got burned on the Canadian side. It's easy to buy, it's harder to take profits at the right time for sure.