RE:Marijuana Stocks + 2018 TFSA = $$$ This was a well put together article, however... I don't agree with one of the statements the author wrote, saying ACB is the most over valued stock right now. While I'll agree most marijuana stocks right now are over valued, I'd argue Canopy Growth to be the most over valued. We have a lower cost per gram in production than them. Their share price is 3x more than ours, and let's be honest. Most new investors see the name WEED in the TSX and just buy shares. If your a new investor and are new to the sector, you may not know many of the other companies and just search WEED. This will bring up CGC, also the fact that it's the most expensive stock right now gives people a false sense of security. "It's the most expensive stock ; so it has to be the safest marijuana investment" along with that they're probably the most talked about stock with NEW investors due to celebrity backing such as Snoop Dogg.
I noticed the author was also pushing the newer company Cannibis Wheaton. Which to me says that whoever wrote this, more than likely is invested with the company. Like many other people on this board who spam us with stocks that are for sure "GOING UP"... I can't help but getting the same feeling from this article. I myself try to get advice from someone who's not in the marijuana sector so it removes the biased.
ACB till the end!