TSXV:RTI.H - Post by User
Comment by
Stonyguyon Nov 18, 2017 1:50pm
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Post# 26989768
RE:RE:RE:RE:‘You’re going to lose all of your money’
RE:RE:RE:RE:‘You’re going to lose all of your money’This is one of the reasons read the posts, constructive dialog. Some of what is said in the attached articles has merit, some is also sort sighted. Is the industry overvalued? Yes. Are there to many players in the MJ space? Yes. Will reality and the need for business fundamentals to play a larger role in valuations and share prices? Yes. Will you lose all of your money? NO. Will further consolidation of the industry take place? Yes. Will some start-ups not make it? Without question, yes. My point is, if you conduct your own DD and chose a stock the will survive the rush it legalization, has the right growth strategy mixed with international expansion, at the end of the day your investments will be just fine. This industry at the moment is not much different than Gold exploration companies on the venture exchange; some make it to production and most do not. The attached articles don’t touch on an important prospective. (Now many people here are not Liberal or Trudeau supporters) however the decision of the Trudeau government to legalize recreational marijuana ahead of the rest of the planet has created the perfect situation for Canadian companies to dominate the world markets for decades to come. Invest wisely, and keep in mind this is not much different that buying shares in Seagram’s at the end of probation.