RE:RE:RE:RE:RE:IGNORE newtothis - clueless basherPut that TFSA money all into RVV at its current market cap of 15m (or better), and wait for your ten bagger when the cap goes to 150m (or 1.5b if lucky, that's 100x return), and there's your pile of cash. Should only take a couple years hopefully, but should provide better returns than ACB or any of the big LP's in the same time frame. I'm invested in ACB, but my largest holdings are in RVV and TBP.
Cannabis biopharma is where the rediculous gains can still be made. Like the LP's last summer/fall. Unfortunately I feel the LP's now just have too much baked into the SP already to provide the same growth as the biopharma plays over the next 24months.
The cannabis biopharma plays you should look at are;
RVV
TBP
IN
LXX
CMED
EMH
Just my opinion
TradinMusician wrote: Slipstream91 wrote: Let's do it once this stock makes us a pile of cash.
I'm curious to hear what dollar amount of return everyone is expecting. What does a 'pile of cash' mean to you?
I trade riskier stocks like this in my TFSA only. If you understand the restrictions of the TFSA contribution, then you know that I have less than $52,000 invested in my MJ stocks. My return probably won't be what I call a 'pile of cash', but these are my rules.