Wondering who all is dabbling with weed related stocks on the stock market, and what stocks interest them?
I’m by no means an expert and I make no stock purchase recommendations. I’m just playing around with a little money, if I loose it, no big deal, but I can’t help thinking about early innovators, and individuals that’s saw the potential and purchased stocks, like Apple, IBM, etc. in the early years (ok, I watched Forest Gump the other day, LOL).
so I’m banking on the U.S. legalizing on the federal level. I recently purchased “Planet 13” (PLNHF), I think the largest distro in the U.S. and they are positioning themselves well in States that have legalized.
Any stocks peak your interest?
Here is a motley fool article about Planet 13
www(dot)fool(dot)com/investing/2022/01/08/planet-13-stock-in-2022-skyrocket-or-crash
Honor is simply the morality of superior men.
@macky who knows man, it’s all a gamble. my ol’man always said, if you’re gonna gamble, only gamble what you can afford to loose. When I bought in, it was $2.30’ish/per share, so not a ton of money. Plus, when I quit drinking, I sold all my beer brewing stuff, took that money invested it in my grow room and purchased some stocks with the change (it was an all grain brewery, 30 years in the making).
kept my still though in case I move to a State that doesn’t sell everclear, need that for tinctures
Honor is simply the morality of superior men.
@sevans1965 Thats sound advice man Consider it to be a game and have fun playing! But never expect to get anything in return then everything is a bonus 😉
"There are many ways to go swimming with a cat”
― Macky
I found this list of cannabis related stocks, might make for interesting research next time I can’t sleep !
3 W’s.benzinga.com/cannabis/stocks
Some companies I recognize that I won’t bother with for various reasons!!
- I still kick myself for not buying $500 in Amazon in 1997, would be worth almost $600K now
Honor is simply the morality of superior men.
@billy420bonds choosing which stocks one may be interesting is a difficult field to navigate, in general, I have no interest in big pharma, they are among some of the legalization roadblocks. Pharmaceutical companies that are truly there to help patients (since not everyone is self sufficient) are worth identifying. Scotts Miracle Grow/Hawthorn is another company I don’t like, at least in the US, they are making it hard for small privately owned grow shops.
As well as listing companies of interest, a black list would be good also (in all fairness, a good reason should be given to any company our community frowns upon).
Honor is simply the morality of superior men.
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