RE:RE:Outlook and influencePeople are missing the big picture. 2 months ago we were all just hoping it would be legal in 2018 and not 2019 or 2020. Now that we have what we hoped for, people are saying the stock is dead.
We all know there will problems along the way, no one said this would be perfect or easy. Even if the provinces are not ready, you will still buy online so who cares!
Do you really think the provinces will pass up the opportunity to make 100's of millions in tax revenue? We are getting our wish, this is what we have been waiting for and all people can do is bash the stock. Now that I know it's July next year (or sooner), I plan to hold until I see earning reports after it's legal. This will be a $5-6 stock in time. If you can tell me where I can double or tripple my investment in only 1-2 years I'm listening!
People invest hoping for a 5-7% return and sometimes don't even get that. I have an 18% return already, even if I had my money elsewhere it would take me 2-3 years to get to where I am, and that's if I get exceptional returns.
People want a get rich quick plan, it takes a good investment, patience and a bit of luck. We will get there. If you don't need that money right now, let it sit and ride the ups and downs.