Just investing in the cannabis industry in general. I won't be doing it just yet, because I need to do more research. Your post was informative, that's for sure. I'm pretty new to investing and only got interested in it when I joined Steemit. I've been buying up some altcoins when the timing is right, and investing in Steem. I am a strong supporter of the cannabis legalization movement and would love to invest in the industry one day.
Same here I was told about Bitcoin and I should buy in under $5 each. I regret it immensely. But I am getting really invested in Steam it. Let alone trying to learn so much more about the rest of the world of cryptocurrency
Some more tips. Medical cannabis follows les restrictive rules and can be more lucrative. The recreational cannabis has very strict rules and crops can be destroyed if it doesn't pass testing. Also, many farms are growing outdoors and there is an abundance of lesser quality cannabis which has flooded the market. Much of it can't even get sold. The highest quality indoor is what is fetching a good price.
You are exactly right so much outdoor has been produced this past year that it is created a massive glut. Like I said in one of my previous blogs that the homeless people are handing out pot for free by the handful in Portland!
Outdoor has nearly dropped to record lows. But everybody who does extremely good quality... well let's just say the best of the indoor always commands a high price.
Just investing in the cannabis industry in general. I won't be doing it just yet, because I need to do more research. Your post was informative, that's for sure. I'm pretty new to investing and only got interested in it when I joined Steemit. I've been buying up some altcoins when the timing is right, and investing in Steem. I am a strong supporter of the cannabis legalization movement and would love to invest in the industry one day.
Same here I was told about Bitcoin and I should buy in under $5 each. I regret it immensely. But I am getting really invested in Steam it. Let alone trying to learn so much more about the rest of the world of cryptocurrency
Some more tips. Medical cannabis follows les restrictive rules and can be more lucrative. The recreational cannabis has very strict rules and crops can be destroyed if it doesn't pass testing. Also, many farms are growing outdoors and there is an abundance of lesser quality cannabis which has flooded the market. Much of it can't even get sold. The highest quality indoor is what is fetching a good price.
You are exactly right so much outdoor has been produced this past year that it is created a massive glut. Like I said in one of my previous blogs that the homeless people are handing out pot for free by the handful in Portland!
Outdoor has nearly dropped to record lows. But everybody who does extremely good quality... well let's just say the best of the indoor always commands a high price.