GREEN RUSH!Posted this in one other forum, looking for more insight
Wish there was one forum for all those investing in weed as I would like to broadcast this to more folks/get optimal feedback.. I'd like to discuss options, strategies moving forward in the cannabis sector. It really is the next big thing "the green rush" and we all want to cash in so let's talk about the best way to invest moving forward.
The C.O.M.A's are too rich and overvalued to enter at this point. Waiting for the inevitable pullback on all of them. In the meantime I think there are a few we can still capitalize on and that's what would like to discuss. Which have the greatest upside, entry point and why? Over the last 2 weeks I've taken position in ACB, MJN, NSP (hemp) and I bought SL yesterday.. I want to add to my positions either adding to these or new acquisitions. I'm creating my own cannabis ETF. In addition to the above mention, BE is the only other grower on my current list but out of control last few days. Considering it's evaluation. It's going to come back to earth hard, but I like what they are doing.
Now I'm looking at weed companies tapping into the States which includes the THC infused beverage/edibles, oils, dissolvable strips and online paraphernalia sales sectors.
Smoking pot is carcinogenic. I think lot's of folks in California will vouch for consuming THC and CBD's. California has a a population greater than Canada's and that's just one State. Massive potential but with whooooo?
On my list are EAT, FIN, GLH, MGW, AGS, TNY, N.
Any thoughts on the sector are welcome and try to be unbiased. Ya right.. Ha!
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