Cannabis Stocks Are The News! (Are you too late?)
Cannabis Stocks Are Still On Fire!
This is my Monday
A few are down yet still up over 11% on the day (many penny stocks, few are cannabis & GRNE should recover Tuesday)
See my last post about 2 Cannabis stocks Hotter than Tilray? Check it out here
Cannabis stocks are a buy, but find value first.
wise words, what does one find in value in said stocks? number of dispensaries and location, sales, staff, product, services... :) I do try to diversify accross the industry holding more of the stocks that give value to me!
Good insight. You have to use more non-traditional ways to value these startup companies.
Indeed p&e and past performance can be very misleading, yet staff & investors can tell alot... a lot of sales, which do you favor? I want more mpxef, mmnff, acb, cron & trtc at these prices!
"On Wednesday, October 17th, Canada will become the second country in the world where marijuana is legal on a national level, as Bill C-45, approved by Parliament in June, goes into effect. Adults will be able to possess up to 30 grams of pot and grow as many as four plants of any size per household; otherwise, additional regulations maybe be enacted at the province level."
I'm wondering if this will be a buy the rumour, sell the news case.
Good call! Now more sales! More time to buy!
The pump & dumps will continue with the day traders loving our cannabis volatility. Those that get in early and hodl will be as happy as the traders and pay less capital gains taxes, stress less, sleep more, make more love etc...