Anyone buying marijuana stocks?

Tug life

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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.
 
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Tug life

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TLRY blew up. We missed that 1.
For real it opened up at $17 and is now trading at the high $90 range. I believe the real player is cgc, they already have a beverage partner and a wide range of products. Tilray is just hype at the moment since beverage companies are looking to partner with weed companies. Diageo, the worlds biggest whisky company is looking to get in the game. If they don't choose tilray we will see tilray stock plummet imo
 

50CentStan

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For real it opened up at $17 and is now trading at the high $90 range. I believe the real player is cgc, they already have a beverage partner and a wide range of products. Tilray is just hype at the moment since beverage companies are looking to partner with weed companies. Diageo, the worlds biggest whisky company is looking to get in the game. If they don't choose tilray we will see tilray stock plummet imo


I thought tillray had a alcohol partner, no?

What makes CGC special? I really dont know much about what's going on I'm the weed biz besides that beer companies trying to partner up.
 

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I thought tillray had a alcohol partner, no?

What makes CGC special? I really dont know much about what's going on I'm the weed biz besides that beer companies trying to partner up.
Tilray hasn't secured a beverage partner yet. Thats what the hype is partly about. After constellation brands, who own beers like corona and modelo made a huge investment into canopy growth corp and Molson coors partnered with hydropothacary, Diageo who is the largest whisky company and also hold a stake in moet and Hennessey said they were in talks with at least 3 different medical marijuana companies for a partnership. The market went crazy and speculation is that tilray will probably be the company they partner with.

At the current time tilray is way overvalued. The real #1 player imo is canopy growth corp. They are focusing more on the medicinal aspects of weed with their range of oil, soft gels, and cannabinoid extraction business. They claim if they didn't sell any weed plants they would still be profitable because they are more focused on cannabinoids. Like i said before, whoever Diageoo partners with is a sure bet because they are a trusted brand with a global reach. Ill also be looking to add other marijuana stocks to my portfolio such as Aurora, the cronos group or whoever Diageo partners with
 

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What u think about NXTTF? @Tug life
I think it's a definite steal in this price range $2- $3 but im looking to buy in dips if that ever happens lol because this is growing. I think most of the hype around Canada's legalization date and beverage deals has everybody buying big name weed stocks and weed companies that have a lot of news surrounding them. When the dust settles people will start to realize where the real money is at and this company is one of the places.NXTTF as you probably know is striving to be the Amazon of pot. Where people can order weed online and have it delivered to them. Imagine the subscriptions they would get for a company like that. True Potheads smoke almost everyday so the are spending about $40-$120 a week depending on the smoker. And potheads loves different strains and flavors and a company like this offers that to people from the comfort of your home. This will be a game changer in the years to come as marijuana gets legalized in more and more countries i see it going to about $6- $7 end of year and by 4th quarter 2019 $25+ Especially if they put out good earning reports. There is also talk about canopy growth corp buying them out cgc stock currently sits at $52 with a market cap of $10 billion. This is a definite buy for me as a ling term investment.


I do think after oct.17 most of the marijuana stocks will take a huge dip after people start selling it off but like i said before the big money is on the medicinal side. There's all this talk about beverage deals but people are forgetting the pharmaceutical companies haven't even jumped in yet and thats when the major $$$ will be made. That's why im also looking at marijuana companies that can extract cannabinoid oils. Some people with real medical issues dont want to smoke, or even people who have back pains, headaches and whatever they will have oils for that. Also being able to use it in beverages and there has been talks of using it in shampoo
 

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I think it's a definite steal in this price range $2- $3 but im looking to buy in dips if that ever happens lol because this is growing. I think most of the hype around Canada's legalization date and beverage deals has everybody buying big name weed stocks and weed companies that have a lot of news surrounding them. When the dust settles people will start to realize where the real money is at and this company is one of the places.NXTTF as you probably know is striving to be the Amazon of pot. Where people can order weed online and have it delivered to them. Imagine the subscriptions they would get for a company like that. True Potheads smoke almost everyday so the are spending about $40-$120 a week depending on the smoker. And potheads loves different strains and flavors and a company like this offers that to people from the comfort of your home. This will be a game changer in the years to come as marijuana gets legalized in more and more countries i see it going to about $6- $7 end of year and by 4th quarter 2019 $25+ Especially if they put out good earning reports. There is also talk about canopy growth corp buying them out cgc stock currently sits at $52 with a market cap of $10 billion. This is a definite buy for me as a ling term investment.


I do think after oct.17 most of the marijuana stocks will take a huge dip after people start selling it off but like i said before the big money is on the medicinal side. There's all this talk about beverage deals but people are forgetting the pharmaceutical companies haven't even jumped in yet and thats when the major $$$ will be made. That's why im also looking at marijuana companies that can extract cannabinoid oils. Some people with real medical issues dont want to smoke, or even people who have back pains, headaches and whatever they will have oils for that. Also being able to use it in beverages and there has been talks of using it in shampoo

Ima buy 5k worth tomorrow.
 

Tug life

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Ima buy 5k worth tomorrow.
Im tryna jump in at 2k. Im also buying into the dips of Neptune technologies. This stock has been dropping lately but its one i really believe in because they can extract cannabinoid oils, their technology has already been proven with krill oil extraction plus they have a deal with CGC. They should be getting licencing approval this year and the price will shoot up

Some non marijuana related stocks to look at.

Netlist-They are in a settlement agreement over patent issues with SK hynix who made 16 billion last year using some of Netlist's patents

Cormedix and Geron both look like will get fda approval in the coming months.

By years end i should be eating lovely off these stocks :eat:
 

Tug life

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@Tug life How long are you going to Hold NXTTF for? At what price are you expecting it to grow to?
I expect it to be close to $5+ in October, the technology they have is amazing and more innovative than the rest. They are also up listing to NASDAQ which will give the company way more exposure. They operate in 20 countries on 30 different websites and are the largest online marketplace selling cannabis ancillary products. I believe with strong earnings reports and key partnerships this could be a $25 stock by this time next year. If they partner with a pharmaceutical company this shyt will skyrocket. Only thing i see stopping them is poor earnings, and they are doing well
 
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