Current Events > Anyone invested in marijuana companies?

Topic List	Page List: 1
Coloradough 02/09/21 8:05:55 PM #1:	It's all the rage in the news but seems kinda risky to me since there aren't any recognizable companies. Like let's say it's federally legalized -- there's no guarantee any one company will do well, right? Or is there some giant marijuana conglomerate? --- Slaves, be subject to your masters with all reverence, even to those who are perverse - The Holy Bible <cite>Coloradough posted [p:950467882] in Anyone inv... [t:79287014]...</cite> <quote>It's all the rage in the news but seems kinda risky to me since there aren't any recognizable companies. Like let's say it's federally legalized -- there's no guarantee any one company will do well, right? Or is there some giant marijuana conglomerate? </quote> ... Copied to Clipboard!
CanuckCowboy 02/09/21 8:08:08 PM #2:	Take it from Canada and be very cautious. I know one dude who made a killing off canopy but he got in and out perfectly. Sold before legalization and turned a massive.profit. I know others who lost tens of thousands on the same company --- "A dope trailers no place for a kitty, Ricky. Thats why." https://files.catbox.moe/gqwlkg.jpeg ~ by JimCarrysToe. Be amaze. <cite>CanuckCowboy posted [p:950467955] in Anyone inv... [t:79287014]...</cite> <quote>Take it from Canada and be very cautious. I know one dude who made a killing off canopy but he got in and out perfectly. Sold before legalization and turned a massive.profit. I know others who lost tens of thousands on the same company </quote> ... Copied to Clipboard!
Jagr_68 02/09/21 8:09:26 PM #3:	CanuckCowboy posted... I know one dude who made a killing off canopy but he got in and out perfectly. Sold before legalization and turned a massive.profit. Uh shouldn't US legalization mean these companies thrive in revenue to lead to consistent buys? --- New York Rangers [2004-2008] https://media.giphy.com/media/WvQHBYW0q4TuxdAg61/giphy.gif https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:950468002] in Anyone inv... [t:79287014]...</cite> <quote>CanuckCowboy posted... </cite> <quote>I know one dude who made a killing off canopy but he got in and out perfectly. Sold before legalization and turned a massive.profit.</quote> Uh shouldn't US legalization mean these companies thrive in revenue to lead to consistent buys? </quote> ... Copied to Clipboard!
Hexenherz 02/09/21 8:10:35 PM #4:	Jagr_68 posted... Uh shouldn't US legalization mean these companies thrive in revenue to lead to consistent buys? Just guessing but like in Oregon the market was saturated with product after legalization and prices tanked. I think if it's legal it makes it easier for bigger corporations to step into the market and give smaller companies a run for their money. Anyway I don't own any because my job prohibits it (lol being a federal employee). --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:950468040] in Anyone inv... [t:79287014]...</cite> <quote>Jagr_68 posted... </cite> <quote>Uh shouldn't US legalization mean these companies thrive in revenue to lead to consistent buys?</quote>Just guessing but like in Oregon the market was saturated with product after legalization and prices tanked. I think if it's legal it makes it easier for bigger corporations to step into the market and give smaller companies a run for their money. Anyway I don't own any because my job prohibits it (lol being a federal employee). </quote> ... Copied to Clipboard!
Jagr_68 02/09/21 8:16:12 PM #5:	Hexenherz posted... Just guessing but like in Oregon the market was saturated with product after legalization and prices tanked. I think if it's legal it makes it easier for bigger corporations to step into the market and give smaller companies a run for their money. Anyway I don't own any because my job prohibits it (lol being a federal employee). This is actually a damn fine tip because I held on to those babies for a while and just never had an idea when that bubble will burst. Good to know! --- New York Rangers [2004-2008] https://media.giphy.com/media/WvQHBYW0q4TuxdAg61/giphy.gif https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:950468239] in Anyone inv... [t:79287014]...</cite> <quote>Hexenherz posted... </cite> <quote>Just guessing but like in Oregon the market was saturated with product after legalization and prices tanked. I think if it's legal it makes it easier for bigger corporations to step into the market and give smaller companies a run for their money. Anyway I don't own any because my job prohibits it (lol being a federal employee).</quote> This is actually a damn fine tip because I held on to those babies for a while and just never had an idea when that bubble will burst. Good to know! </quote> ... Copied to Clipboard!
Hexenherz 02/09/21 8:17:53 PM #6:	That's just a total guess. I remember reading about it in an Oregon-centric news publication several years back, they were writing about how a lot of people were putting their life savings into catching the marijuana hype train and as a result ... they couldn't sell anything because the supply far outweighed the demand. --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:950468296] in Anyone inv... [t:79287014]...</cite> <quote>That's just a total guess. I remember reading about it in an Oregon-centric news publication several years back, they were writing about how a lot of people were putting their life savings into catching the marijuana hype train and as a result ... they couldn't sell anything because the supply far outweighed the demand. </quote> ... Copied to Clipboard!
#7	Post #7 was unavailable or deleted.
#8	Post #8 was unavailable or deleted.
Topic List	Page List: 1

Current Events > Anyone invested in marijuana companies? (+) Yeah! (+)

Current Events > Anyone invested in marijuana companies?