Post by
Form001 on Nov 02, 2020 11:57am
Graph of SNC and CURA
That’s what I would like to see with SNC...
Comment by
Bigger123456789 on Nov 02, 2020 8:45pm
Why deos CURA or any of these Weed Cos have a market cap above 1B..LOL...CURA has a 5.8B Market cap....do they even sell that much weed in canada?
Comment by
Bigger123456789 on Nov 02, 2020 9:36pm
The bullish sign will be when government passes hard jail time for individuals selling weed (without license) you cannot compete against a rival seller that has no overhead and steals hydro. The selling price per gram will never compare.
Comment by
Form001 on Nov 03, 2020 6:48am
Bigger, no profitable ??? Check Truleave (TRUL) all Canadian Cannabis stocks who have assets in US are in fire. How do you explain Canopy Growth 2.50 to 76.68? Beyond Meat 25.00 to 239.00 in 3 months last year. American investors can push the throttle very hard, if Democrats win the race, check the next 6 months.
Comment by
Bigger123456789 on Nov 04, 2020 7:12pm
I dont think the CDN weed cos with US exposure are profitable man...The increased SP could just be hype (pump). Low barriers to entry in this market and once US legalizes there will be 10000s of US companies to buy shares in. The cannabis craze reminds me of the junior miners here in Canada back in 2009 to 2011ish.
Comment by
Bigger123456789 on Nov 02, 2020 8:50pm
Until there is law passed in the criminal code here in canada or in the US giving out cocaine style jail terms for individuals selling canabis (without a licnense) the black market will not go away and for that reason this will be an un profitable business to be in. 5b market cap...lol...just my opinion man.
Comment by
Bigger123456789 on Nov 02, 2020 8:54pm
Selling Weed was never as profitable as cocaine due to supply and risk factors for individuals in the game (sell coke more money but more risk - jail time). If laws are passed handing out steep jail terms for people selling weed, weed dealers will go away (black market) as it will be not worth the risk. The black market is still running the market in Canada atleast.