Congratulations to all who have been listening and buying.
Today was a VERY nice day
THC- it reached the 52 week high today of 0.94. They recently bought a clone shipper to help them ship live plants around the country. Although they dont have a sales liscence yet by the fact that they spent millions on buying the clone shipper means that they have it in the bag. I bought in at 0.32.
APH- Solid day of accumulation. Hit a almost 52 week high of $3.48. This one is STILL on the Canadian ventures market which i dont think will last. They want on the big boy market- the TSX. I bought in at $2.82
Out of left field here comes Affrinor growers. They sell vertical growing beds and are trying to get in on the Mary J market. They have NEITHER a sales nor production license but they could in the future. From last weeks price of 0.05 to todays high of 0.14, this one is definitely one to watch.
CGC- the biggest name on the market, Canopy Growth Corporation hit a 52 week high today of $4.24. Snoop dog endorses it. They have both a sales and a production license so when weed gets legalized they and only a few others will be ready to meet the demand of millions of Canadians and likely drug tourists that flock to Canada
They have the highet potential for greatness as they still have components of being a fully fleshed out grower missing (sales/production license)
if you want steady gains go CGC or APH
Jack Hughes
Is there any reason to buy U.S.-based marijuana stocks when both presidential candidates seem opposed to drug legalization and the Feds can theoretically seize the banking assets of any weed firms if the bank they store their cash at has locations outside of the states in which it's legalized?
Jacob Scott
For now id say no. Canada is closer to federal legalization than the United States is.
Too much at play with the US. Too much risk that it could be another 50 years before a real candidate decides to go with a platform of legalizing it. I dont count the useless Green party
Grayson Williams
What are the chances I lose all my money with any of these stocks?
Parker Torres
Isnt AFI teaming up with THC?
James Martinez
Americlap here, can anyone recommend a broker for buying these? Robinmeme only supports US securities.
Libertarians want to legalize it and they'd have a (small) chance this year if Johnson wasn't a fucking idiot. I think Bernie wanted to legalize it as well, and he would be the nominee if the primary hadn't been rigged.
Oliver Powell
depends what you want.
APH/CGC- low risk. APH and CGC are making money even now cause they supply medicinal marijuana to Canadaian Patients. APH and CGC are also expanding like crazy.
THC, AFI, PUF, and OGI are the bigger risk/bigger reward players. You playy at your risk. But like i stated in my original post ive made close to 200% gains so far in THC if i were to sell now but im not as the sales license announcement could come ANY DAY now which will increase the share price by atleast 20% id say.
Brandon Watson
Hmm. Okay.
Might drop a thousand or two in AFI then.
How do I know when to sell? Right when the news of legalization breaks?
Aaron Sanders
Libertarians scuttled their chance EVEN BEFORE they elected Gary johnson with this little gem:
AFI currently sells THC its vertical marijuana growing beds. But they are trying to get into the market themselves
Luke Walker
And also if the electorate consisted of ahigher percentage of millenials. In the near future this will be closer to the reality.
Nathaniel Thomas
Does AFI get a portion of THC's profits?
Jordan Jones
no, they profit from selling them the tech but so far they are two separate entities.
maybe int he future they might merge/buyout one another but so far no.
When legalization occurs one or both of two things WILL occur
Number1:
the current Marijuana growers in Canada will start to merge. Its inevitable that 2-3 companies will exist in the end. Its just how it works. They will try and gain a dominance in the market of Marijuana sales. APH says that it wants a MINIMUM of 25% of the field.
In the end i dont see THC holding out, they will be bought out by one of the bigger dogs.
Number 2- the alcohol and tobacco companies have been EYEING up the marijuana market. Especially tobacco as it seems like a natural fit for them to sell cigarettes and blunts. Their profits have been stagnating as of late and if it goes legal to buy bud they could see profits climb exponentially
Brandon Reyes
Do you buy on robinhood or what?
Juan Butler
So far this year, I've put $4k into marijuana stocks and made nearly $3k profit. With some of my stocks, like APH, it's an over 100% return.
I'm thinking about putting in $500-1000 every month until April. I don't see anything but gains until then, and when the government unveils its legislation, I expect a few big winners.
I still haven't picked up THC yet, but I might buy some stock next week.
Brody Young
how the fuck do I buy canadian stocks i am going to miss so much money
Connor Young
Fuck off
Andrew Collins
YOU fuck off
Lincoln Murphy
Why don't you hand a noose over our MJ stocks and hang yourself lmao
Benjamin Bell
Why are you projecting your suicidal desires onto a stranger on a Cambodian puppet show message board?
Andrew Diaz
Why are you so buttmad? :^)
Christian Perez
Why are you?
Luke Myers
I'm swimming in money while you're broke lmao
Nathan Williams
Rude.
Brandon Collins
From what i can gather, if your broker isnt connected to the CSE, you're fucked and would need to create a new account with a broker that is. Or have I missed something?
Camden Jenkins
Just thought I would clarity that AFI does get a percentage of profits grown with their tech. Last month they signed a deal for 10% of profits until 100k and 3% forever after that to some non marijuana company so yes they get a cut.
William Robinson
my bad then
but still they are hoping to get into the marij market themselves
Oliver Flores
Why is it so hard to buy Canadian stocks from the US
Matthew James
>MFW made profits off of Pimple's recomended US stocks and now buying Canadian MJ stocks.
Jose Sanders
What platform
Xavier Ortiz
My bank's online broker interface.
Ethan Flores
What happens to my shares if one of the growers gets acquired by a tobacco/alcohol/another company?
Also, on the other hand, what if I buy some APH shares right now, and they merge/acquire another company? Does their stock increase based on who they acquire immediately, or does it stay the same and increase based on the profits of the acquired company?
Blake Allen
its different with each buyout. But generally the merging of two companies is seen as a good thing. Your shares will be converted.
Larger market cap and all that.
use a regular online broker, if you are using Robinshit get a real broker
Carter Nguyen
I got 90% of my savings in AFI. I hope it goes up.
Nathan Rogers
when did you buy?
Jace Nelson
What do you guys use for day trading?
Where's the lowest I can go for accounts that have reasonable commission
Christopher Rogers
Today at 0.12, for 50000 shares.
Ayden Adams
>90%
Nicholas Phillips
Is anyone here invested in Golden reign? GRR.V or just GRR I invested when it was at .07, now it's at .32. Should I hold, buy more, or sell? All the major stock people are giving GRR a buy or hold rating. No one is saying sell.
Lincoln Green
Does anyone know anything about Abbatis Bioc.?
Looks cheap
Hudson Scott
>Abbatis Bioc >pharmaceutical
>Golden reign >gold and silver miners
perhaps you guys are in the wrong thread
Ethan Smith
I'm not in Canada but got folks there I can invest through So are these companies listed just like any other penny stock or how do I go about buying these scripts ?
Josiah Bennett
I don't understand. is there a better thread you can point me to for Canadian gold and silver? Or does it matter if it's a Canadian company or not? I'd appreciate it.
Thanks for the thread man, going to research more tonight.
Quick question OP , what are your price estimations for CGC and APH and how much more do you see it rising before the legalization? Will it keep trending upwards or will it stagnate.
Are CGC/APH trying to create a monopoly, and who will be the dominating factor in the market in >3 years?
Thanks.
Going to go. 35% CGC, 35% 20% THC (hoping for buyout) and 10% PotCoin for lols.
Levi Ward
Yes, but they won't all be mined for hundreds of years.
