Post by
gullible1 on Jan 12, 2018 10:45am
On A Mission of Mercy
Guys,
You're going to have to get a lot better at finding value in the marijuana sector. If you're buying into a multi billion dollar evaluation, you're simply economically ignorant.
Here's an article in Macleans explaining it to you:
https://www.macleans.ca/economy/economicanalysis/investors-are-delusional-when-it-comes-to-canadian-marijuana-companies/
And here's a detailed 19 page report on the Canadian marijuana industry by a Certified Financial Analyst writing for Beacon Securities:
https://www.theglobeandmail.com/globe-investor/investment-ideas/research-reports/article37523423.ece/BINARY/Beacon-pot-Jan-8.pdf
You can study up and do the hard work of finding rare value in the manure pile of marijuana stocks or you can just grab your ankles. Hint: if you're buying into a penny stock with a marijuana angle that has a multi billion dollar valuation, you may as well burn your money and save yourself the future inevitable frustration of seeing your money go up in smoke.