This is why I try not to invest in stocks on the otc market or small penny stocks because they can be really risky, I wonder what a buyout would do to the share price though? This is why I try to stick to the proven and major players in the sector, I'll take a chance on some smaller names like NEPT but the business and management has to be good and have to have a potential for huge upside gains. When Namaste fukked up the Tilray deal that raised red flags for me
I want $CRON to stay on an upwards trajectory... No major dips...
There must be more NEW weed stocks we can buy...
I've looked into a company called $HEMP based outta vegas it looks real promising and shares are like only 0.0282
These are other potential penny cannabis stocks i was looking at...
Which exchanges can you buy these on? I don't see on Robinhood
@posterchild336 You really think HEXO gonna take off? Thinking about copping a few shares
Fill me in on this...
Fill me in on this...
ExplainI swear cannabis stocks feel like crypto right now
I swear cannabis stocks feel like crypto right now
Explain
This is 100% true FOMO is real. This is a new hot sector and everybody want to be on board, there is so much opportunity in cannabis its crazy. For one its almost recession proof because there will still be a demand for weed even in an economic downturn people will still want to get high just like people love to drink alcohol and smoke cigarettes probably more often when they are stressed. The only problem with this theory being that weed has been available illegally for a long time and if people start get laid off or making less money they would buy from the less expensive black market.Just that it's "new" thus people are hopping on it and there's a lot of speculation. I think there's a future in it though.
Just that it's "new" thus people are hopping on it and there's a lot of speculation. I think there's a future in it though.