Tug life
I stay fly like a guillemot
The market is on fire right now in the Canadian medical marijuana field. Canada will legalize recreational use of marijuana on October 17,2018 and the market is responding. Big name liquor brands are partnering with medical marijuana companies, causing certain stocks to rise fast. I brought some stocks from canopy growth corp. They have been rising fast and is one of the biggest companies for medical in Canada.
Canadian pot stocks surge with industry eyeing more alcohol tie-ups - BNN Bloomberg
Canopy growth corp. The actual top dog in this whole Marijuana game. They have a market share of 10 billion, a partnership with constellations brands for weed infused beverages. And they have a deal with Neptune wellness to extract cannabinoids for medical a beverage use. currently $48 with a 75% buy rating from Robinhood.
Aurora- Probably number 2 in the game they have been making key acquisitions, ramping up for the legalization date. I put in a order to but it at $6.55 after market last friday but it jumped to $7.50 so i cancelled to try to buy the dips but its at $9+ right now. They have not yet snagged a beverage partner but they were in talks with coca cola but talks fell through. They will up list to a U.S. Exchange next month plus more deals coming for them expect this price to skyrocket.
Neptune wellness- this is actually my largest position in the marijuana sector they weren't really a marijuana company until recently. The specialize in krill oil extractions and have been very successful. They are using the same tech to extract cannabinoids for use in animal products, shampoo,beverages and most importantly medical use. They have a deal with Canopy growth who is the elephant in the room. They are awaiting a licence from Canada. Priced at $4 i definitely see this at least tripling by next year. Sooner with more news coverage.
Namaste (NXTTF) Namaste is a company who aims to be the Amazon of pot. They have i think 30 websites in 20 different countries. They sell all types of Marijuana products. They recently got their licence to operate in Canada. They will also up list to a U.S. exchange Definitely see this as a great long term option.
Tilray- If you have been following the market or watching the news you have heard about tilray. The most Volatile stock in the sector reminiscent of bitcion. After constellation brands made the deal with canopy, Investors jump on the stock they thought was the next company to snag a bev partner and tilray seemed like the perfect fit. Tilray also has the advantage of doing business in The United States. From AP "The University of California San Diego's Center for Medicinal Cannabis Research announced Tuesday the Drug Enforcement Administration has OK'd its plans to import capsules containing two key cannabis compounds — CBD and THC — from British Columbia-basedTilray Inc . to study their effectiveness in treating tremors that afflict millions of people, especially those over 65". But at the moment Tilray is way overpriced and at some point the market will normalize aand the actual price will be much lower
There is a couple more but I dont know much about the business or have positions in them. I bought IGC India Globalization at $1.30 but sold it at $1.22 now its at $3+. The Cronos group stocks have also been doing well as of late. All the Companies listed are good in their own way you just need to do your due diligence and find what works for you. Because this is the perfect time to invest in Marijuana. When the big pharma companies start stepping in thats when people will really understand, medical marijuana is becoming legal across the world and Weed infused beverages can probably rival beer in our lifetime because its less dangerous and not as bad for you.
Canadian pot stocks surge with industry eyeing more alcohol tie-ups - BNN Bloomberg
Canopy growth corp. The actual top dog in this whole Marijuana game. They have a market share of 10 billion, a partnership with constellations brands for weed infused beverages. And they have a deal with Neptune wellness to extract cannabinoids for medical a beverage use. currently $48 with a 75% buy rating from Robinhood.
Aurora- Probably number 2 in the game they have been making key acquisitions, ramping up for the legalization date. I put in a order to but it at $6.55 after market last friday but it jumped to $7.50 so i cancelled to try to buy the dips but its at $9+ right now. They have not yet snagged a beverage partner but they were in talks with coca cola but talks fell through. They will up list to a U.S. Exchange next month plus more deals coming for them expect this price to skyrocket.
Neptune wellness- this is actually my largest position in the marijuana sector they weren't really a marijuana company until recently. The specialize in krill oil extractions and have been very successful. They are using the same tech to extract cannabinoids for use in animal products, shampoo,beverages and most importantly medical use. They have a deal with Canopy growth who is the elephant in the room. They are awaiting a licence from Canada. Priced at $4 i definitely see this at least tripling by next year. Sooner with more news coverage.
Namaste (NXTTF) Namaste is a company who aims to be the Amazon of pot. They have i think 30 websites in 20 different countries. They sell all types of Marijuana products. They recently got their licence to operate in Canada. They will also up list to a U.S. exchange Definitely see this as a great long term option.
Tilray- If you have been following the market or watching the news you have heard about tilray. The most Volatile stock in the sector reminiscent of bitcion. After constellation brands made the deal with canopy, Investors jump on the stock they thought was the next company to snag a bev partner and tilray seemed like the perfect fit. Tilray also has the advantage of doing business in The United States. From AP "The University of California San Diego's Center for Medicinal Cannabis Research announced Tuesday the Drug Enforcement Administration has OK'd its plans to import capsules containing two key cannabis compounds — CBD and THC — from British Columbia-basedTilray Inc . to study their effectiveness in treating tremors that afflict millions of people, especially those over 65". But at the moment Tilray is way overpriced and at some point the market will normalize aand the actual price will be much lower
There is a couple more but I dont know much about the business or have positions in them. I bought IGC India Globalization at $1.30 but sold it at $1.22 now its at $3+. The Cronos group stocks have also been doing well as of late. All the Companies listed are good in their own way you just need to do your due diligence and find what works for you. Because this is the perfect time to invest in Marijuana. When the big pharma companies start stepping in thats when people will really understand, medical marijuana is becoming legal across the world and Weed infused beverages can probably rival beer in our lifetime because its less dangerous and not as bad for you.
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