RE:RE:RE:Hey Yoda!I think you mean less risk, less reward. We are all going to do very well with our respective MJ investments. Congrats on making some wise selections. It's good to diversify a little and catch some of those wild runners.
I've been swing trading the less risky CGC as my core position (still done VERY well) and also hold smaller positions in OGI, GLH (purely for the American votes coming), and Nameste.
Figured I would go off the board with Namaste to hopefully capture a wild run. They are still very cheap and are not limited in any way. They are a global Vape ecommerce retailer that isn't limited by fed/prov laws, advertising restrictions, or boarders. People debate whether bud, oils, or edibles will be the biggest money maker. I figure Namaste will capture a large segment of the market anywhere MJ is being consumer in the world. Good luck to all. Love hearing people make money.
GreenNme wrote: Of course CGC is THE safest play. However, no risk no reward. In order to make %100-%400 gains in a month...you need to take calculated risks. Some people say dry bud is dead and edibles and infused products are the future. I wouldn't go that far as some die hard chronics such as myself will always prefer a joint (has to be white zig zags as well)...but the edibles and infused market makes up %45 of the rec market and thats increasing. The November 8th election is the closest thing to a sure thing. Cali will triple the already existing rec market (colorado, Washington, etc..). The Tinley 27 line is going to be huge. Look into it. I just recently bought in so I'm a bit late to the party, but people like CdnStockGirl, Queen Nerfertiti, Inter, and a few others from here have already tripled their money in the last month. It's not too late as I said, double by November 8th and after the yes vote, another big leap up.
TrevDesch wrote: Nice Green! This entire sector comes with a risk - many of us feel like CGC is less of a risk than some other LPs. Clearly lots of money to be made all over right now.
Congrats in on the big gain bud!