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RE: Smart investment? Buy marijuana stocks today!
Canopy growth is Tweed in case anyone gets confused.. a lot of these companies merged because there is no money in mail order medicinal pot (in Canada) - they are the only one I would buy with federal recreational legalization coming July 1 2018.
@rgeddes, do you mean the ticker must be TWEED? Thanks for the feedback. These two companies are also my only pure play marijuana stocks I would invest in.
No.. The company used to be called Tweed - they secured the symbol WEED on the Toronto Stock Exchange and are now called Canopy. When they were called Tweed they did some big advertising and partnerships with Snoop Dog.. If I was gonna play with any of them that would be my pick :)
Ahh.. didn't know it was first called Tweed. Thank you for the information, very useful!
It will be interesting to watch since we will be the first truly legal western country.. Its got a 1.1b market cap on negative earnings.. its a gamble until they announce how the provinces plan on regulating and distribute it.. Not a bad gamble!
Indeed, interesting times now!