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Everyone wants to start growing and selling, I say if you haven’t been in that industry for a while already than that ship has sailed. Will be interesting to see new ways to capitalize on the whole thing..
originally posted by: RickyD
At this point unless you have some,sort of actual advantage in the industry you are better off investing in something that does or is already an established company with good profits to begin with. Eventually we will see it federally legal and then a lot of the private companies will want to go publif on the exchanges. Right now you can really only safely invest on the Canadian exchanges as the US markets consider it illegal still.
originally posted by: SteamyJeans
Everyone wants to start growing and selling, I say if you haven’t been in that industry for a while already than that ship has sailed.
Aurora Cannabis, one of the biggest Canadian marijuana stocks, debuted on the New York Stock Exchange Tuesday and it didn't go well. Shares quickly fell more than 15% before recovering towards the end of the day.
Shares of Canopy Growth (CGC), Cronos (CRON) and Tilray (TLRY) all fell about 10% Tuesday at one point. And each of them are down about 30% in the past five days.
But Canopy Growth, which has a more than $4 billion investment from US beer giant Constellation Brands (STZ), has surged more than 50% in the past three months.
originally posted by: DontTreadOnMe
And with Jeff Sessions finally gone, who knows what the federal government will do to legalize/decriminalize pot??