Cannabis stocks are burning… time to buy?
Cannabis stocks are burning… time to buy?
The Biden administration has voiced support for a move towards legalization of cannabis… is it time to give the industry a deeper view? Let’s find out! We’ll also discuss the industry headwinds as well as the trouble with the OTC markets
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00:00 Introduction
01:30 The industry today
04:00 The US cannabis companies
08:01 Canadian cannabis companies
08:52 Tilray
10:11 What I’m waiting for
11:18 Conclusion
It’s big because now it’s less illegal equals less pricey equals less returns. Bro you can grow this s*** in your backyard
Except The beverage alcohol sector for tilray is EXACTLY why I’m in it.
Philip Morris and Altria are US tobacco companies that have expanded into pot
You should have mentioned SMG. They just announced a deal Riv capital and Cansortium.. they are the biggest of them all in the space
Why did you skip over Trulieve, the best performing stock in the industry? People who do this for a living pretty much say GTI and Trulieve are the big player positioned well.
They’ve been burning cash, returns, profitability and dreams seen inception of their COs and ETFs 😂
if we go further, i guess the next logical steps would be to wait until it would be legalised and buy only based on that fact; then, after 20-25% growth sell the initial investment and see where the rest goes after
It’s like betting on anything in agriculture. Go buy big tobacco because that’s what this is. Any idea that somehow these farms are not going to move outside eventually in total is foolhardy
SNDL #1 TLRY #2 ACB #3 VFF #4 CRON #5. My list.
Fangastic episode 🎉
David, wonderful conteny! i saw yesterday Salesforce drop and i inmeditaly thought about you. Does this fit a place with LULU?
Great analysis! Any thoughts about Uber, and the transportation industry? I’m going to do my first analysis on Uber and drop it in the Discord.