Marijuana stocks

[KCGeezer]

I took a quick look. It appears they are primarily focused on the Canadian market. Couple of finance types as chairman and ceo. Vertical integration model. I’m not familiar with any of their branded products.

Somebody else might explain their financials and especially this strategic investment document. It appears they fronted a bunch of money to another grower and are promised a royalty. Makes me go hmmmm.

https://www.sndlgroup.com

[harley]

Quote:

Originally Posted by Coolius With the new administration, am expecting resistance to legalizing Cannabis to be relaxed, and together with urgent need for State Revenues, many if not all states will look to legalizing as well.

Just out of curiosity, what about the new administration makes you feel that way? Biden is an old time drug warrior, and Harris was a federal prosecutor with a strong record for drug prosecutions and asset forfeiture cases. I can see more positive (for legalization) state activity, but I don't think the administration is really for it. Although they might pander to their supporter's wishes. I hope so, but I'm cautious.

[Christine]

Bought a little IIPR a while back.



Our Business - Cannabis Real Estate | Innovative Industrial Properties


Not growing weed but into medical cannabis.

[NoiseBoy]

Quote:

Originally Posted by harley Just out of curiosity, what about the new administration makes you feel that way? Biden is an old time drug warrior, and Harris was a federal prosecutor with a strong record for drug prosecutions and asset forfeiture cases. I can see more positive (for legalization) state activity, but I don't think the administration is really for it. Although they might pander to their supporter's wishes. I hope so, but I'm cautious.

In 2010 Biden was still calling pot a gateway drug, but his campaign rhetoric now seems to follow a more progressive party line. Harris was a federal prosecutor, but in San Francisco. That's got to make a difference, right I put $2,000 into APHA a few weeks ago as a speculation play that the Democrats will do something at the Federal level to make it easier for these companies to do business. Right now it's an all cash proposition, at least in the U.S. and things can't really take off until they can access normal lines of credit and use Visa/MC etc.

[KCGeezer]

IIPR has been very, very good to me.

[Joylush]

Quote:

Originally Posted by ckelly78z OGI currently up 47% at 3.18 a share today. I bought at $2.18 24 hours ago. Doing my happy dance !

I know it’s crazy! I bought a Canadian MJ stock on 12/29/20 and as of today it’s up 120%. I only wish I’d had the nerve to have bought more of it. But I’m not complaining.