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Member
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Nov 1 2019 06:25pm
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.
Member
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Joined: Apr 4 2012
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Nov 1 2019 11:15pm
Quote (pussymoneyweed @ Nov 1 2019 03:16pm)
Remember when I said Canadian marijuana stocks are gonna be gg because legalization and make money. That was a great time.

America is next, Multi State Operators.. gonna make some money.

I said it last time and I'll say it this time there is opportunity, people like weed
glhf


you think they will eventually sell weed at 7-11 type locations like cigarettes' ?
Member
Posts: 52,946
Joined: Aug 20 2008
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Nov 2 2019 10:29am
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.
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Nov 2 2019 10:30am
Quote (impdemon @ Nov 2 2019 03:15am)
you think they will eventually sell weed at 7-11 type locations like cigarettes' ?


Im not focused on the details im focused on the opportunity, which is coming without a doubt, just couldnt tell you when.
Member
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Joined: Jun 9 2006
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Nov 2 2019 10:37am
Quote (pussymoneyweed @ Nov 1 2019 06:16pm)
Remember when I said Canadian marijuana stocks are gonna be gg because legalization and make money. That was a great time.

America is next, Multi State Operators.. gonna make some money.

I said it last time and I'll say it this time there is opportunity, people like weed
glhf



you're like 10 years late to the party. np.
Member
Posts: 52,946
Joined: Aug 20 2008
Gold: 7,100.00
Nov 2 2019 11:23am
Quote (blitzlp @ Nov 2 2019 12:37pm)
you're like 10 years late to the party. np.


My party was 2017, American party hasen't started yet...

cool story tho?
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Nov 2 2019 08:57pm
Got a lead on what to buy or na?
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