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14 December 2017, 11:09 AM | #121 |
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I've only had a chance to jump in on this tread a couple of times but I wanted to chime in again. If you care to know how this has impacted my family please go back and read my posts.
Regardless of how anyone on this thread feels about recreational use can you please understand that cannabis has exhibited real medical benefits. The people who have been positively impacted by these benefits could care less about recreational use. When it comes to the way you think about this please don't throw the baby out with the bath water. Separate these 2 sides of the discussion. There are currently many people with real chronic pain that have had no option but opioids. I don't think I need to go through that train wreck of a treatment. Right now I have no doubt that medicinal cannabis has saved my wife's life. Her life has completely turned around for the positive and she doesn't get high. I'll stop now because I'm getting a little emotional.
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14 December 2017, 12:09 PM | #122 |
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So happy to hear this Rick.
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14 December 2017, 12:11 PM | #123 | |
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14 December 2017, 12:34 PM | #124 | |
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The reality is, we my be on the verge of refining multiple medicines that could treat a variety of debilitating conditions. I’m really happy for you and your wife. On the recreational side, I’ve seen an immemse amount of product innovations from beverages/teas/energy shots, edibles, beauty products, etc. Not every product is meant to make people “high”, and with micro-dosing, controlling consumption is much easier than the 3 stoners in a VW bus fish bowl days that older folks associate Cannabis with. Guess it will just take more time to educate the general population. |
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14 December 2017, 01:32 PM | #125 |
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Nice thread.
I've made a few Daytonas off weed stocks this year. It's got me into the stock market and i'm completely addicted. It certainly is the gateway drug we were told. The big mistake i made was selling off my WEED, ACB and APH in Oct when i thought it had run up and would dip again. They soon each doubled or more. I did however make a nice 30%+ return so it was not all bad. My real growth has come from the mid-cap stocks that are chasing the values of the big ones you mention. EMH - Emerald Health is my biggest holding now after nearly a 300% gain in the past couple months. I also did well on ATT yesterday and got two friends involved who did very well also. FIRE - Supreme was my largest holding and i am up strong on it but it has not appreciated the way that EMH, ACB, WEED, APH and many others have. If it goes through the same increases that EMH has i shall enjoy many more daytonas. My style now is to take several smaller positions in various companies that are tracking the larger ones. I have preferred buying the laggard stocks that havent increased to mirror the valuations of the others based on licenses, production capacity and expected revenues thereof. My most recent buys were CMM, a chain of 18 medical cannnabis clinics that are recently cash flow positive. VFF, a large scale vegetable producer who with EMH is converting massive amounts of their grow operations to cannabis and who has the capability to do so in the US when it is fed legal. ATT which is an oil extraction company teamed with EMH on a testing lab business. Derivatives (oils etc.) are the higher margin products and there is another stock RTI who saw 400% gains last year with the same news releases as ATT and who are hooked up with ACB (RTI is) for licensed producers the laggard plays right now are: IMH - Invictus - waiting on sales license, hasnt returned to their ATH from earlier in the year. MARI - Maricann - has a significant play in Germany that is supposed to come to fruition in Q1 2018. They are also not back to their ATH after some poor disclosure of incidents earlier in the year HVST - Harvest One - has a Euro distribution company (Satipharm) and decent production capacity and based on some industry metrics is undervalued to an extent EMC - Emblem is one that i am still down on. It IPO's around $4 and dropped. i tried to catch the falling knife at $2 but it's trading below now. These guys are run by the former pres of Purdue pharma who launched OxyContin. The owners have their own $$$ in it too but they have made mis-steps. I wont be selling my shares, i'll simply wait for them to catch up or be acquired at a premium. Enjoy gents. I also keep banks and commodities and pay attention to dividends but an informed investor with cannabis is going to do extremely well in 2018. If you follow how the laws are being released and communicated and then see how the markets respond it really does make for an engaging investment. It does all make sense in a really strange way. |
14 December 2017, 01:51 PM | #126 | |
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14 December 2017, 08:42 PM | #127 |
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Don't trade. Buy and hold.
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14 December 2017, 09:03 PM | #128 |
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I’m fairly confident there’s not a person in the United States of America or even possibly the world that would argue against medical marijuana under the conditions you just described. I’m glad for your wife and your family.
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15 December 2017, 10:04 AM | #129 |
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Another side to buying cannabis stocks.
Skip to “Cannabis as a commodity” and then to stock market volatility. https://en.m.wikipedia.org/wiki/Cannabis_in_Canada and https://www.bloomberg.com/amp/news/a...marijuana-boom |
27 December 2017, 12:51 AM | #130 |
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APHQF has been performing well. Thanks for the tip and very informative thread. I think things will only get better in 2018 once cannabis is legalized in California in January.
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27 December 2017, 02:22 AM | #131 |
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Update on Aphria’s performance...cannabis legalization is the global movement that is gaining more momentum by the day.
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27 December 2017, 09:49 AM | #132 |
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I actually threw $200 in just for fun when it was $11.25 - it's all the cash I had idle in my trading account. Thanks for the fun ride almost 20% in a week. :)
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27 December 2017, 09:52 AM | #133 |
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Announced today that they are backing off of aspirations of the US market. It’s actually making the stock perform better.
They might very well come back to the US market at some point. But the CEO seems to really have his pulse on the beat of this industry. This Marijuana Stock Is Waving Goodbye to the USA: Time to Buy -- or Sell?
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27 December 2017, 10:42 AM | #134 | |
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The most likely solution will be to place their U.S. assets into their 38% owned, Liberty Health Sciences company, which is not listed on the TSX. That gives them indirect ownership, but not direct ownership. The beauty is that they will still have a stake in the U.S. (Florida, Arizona, and soon Ohio). Kind of a best of both worlds solution to remain in compliance of TSX listing rules but not giving up U.S. participation. All the top Canadian Cannabis companies were up today, but likely because of light volume (lack of sellers) as the Canadian markets were closed for Boxing Day. I’m betting Aphria and the others will give some of the gains back tomorrow, but you never know. |
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27 December 2017, 12:38 PM | #135 |
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pretty much every weed stock was up big today. of the 30 or so i track everything was up between 3% and 25% and 6 of the top 10 are in my portfolio.
the LARE ETF has switched over to weed today as well and they released their holdings yesterday: http://www.mjxetf.com/fund/#quarter Cronos (MJN / PRMCF) was their top pick and is likely going to out-perform APH in 2018. They have better international exposure than APH and have not run up nearly as much as APH in 2017. I hold a bit, will try and grab a bit more but i'm not willing to divest from everything else. APH was left out of the ETF entirely which was quite a surprise actually. The whole APH / TSX delisting fiasco is overblown. Cannimed and a variety of other majors have US holdings as well. It's just that APH is higher profile and being picked on and poked by WEED at every chance. For anyone thinking of getting in... i would recommend making sure you carve out your holdings in anticipation of descheduling or US fed legalization. a few grand left sitting quietly could be a great decision. |
27 December 2017, 11:47 PM | #136 | |
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27 December 2017, 11:53 PM | #137 | |
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I think Cannabis stocks right now are like what tobacco and alcohol stocks were in their infancy. The legalization genie is out of the bottle. Its on. Go Canada! |
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28 December 2017, 01:20 AM | #138 | |
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28 December 2017, 04:04 AM | #139 |
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The momentum is definitely favoring this industry and the top companies right now. I fully expect it to build further from here through July 2018. At some point, since I am SO overweighted in the space, around late-Summer, I will probably scale back half my holdings, and look for other atttactive valuations within the industry. Overall, for a buy and hold investor, it is a 2-3 year holding to begin with.
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28 December 2017, 04:59 AM | #140 | |
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28 December 2017, 05:16 AM | #141 | |
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Some people like Aurora, but I prefer Aphria. It is more focused, much better run, more profitable, and has much lower costs. It should be trading 50% higher than it currently...and will be over the coming months. Lots of Cannabis companies out there to buy, but considering I go very heavy into the space, I feel more comfortable with the larger companies. Like any hot new space, you’re gonna have a huge delta in quality of operations, strategy, access to capital, and management. Lastly, in full disclosure, I’ve owned both Canopy and Aurora prior to my current Aphria position. Relative valuation is the key for me. |
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28 December 2017, 03:02 PM | #142 |
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Publicly-traded Cannabis Industry Companies
I think most will jump up. What we really need is a nod from the federal government. I don't really know if they want that fight.
There really is a lot of nice results from extracting certain natural chemicals from Cannabis. I've been shocked how good CBD is, it's a schedule 2 by prescription only in most states that have medical availability, 113 active cannabinoids and this is 1 of best of them.
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28 December 2017, 04:02 PM | #143 | |
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Smoking high CBD/low THC cannabis is not a very enjoyable experience and usually a sign of lousy pot from the recreational standpoint/perspective. Left to grow on its own un-hybridized, cannabis gradually loses its THC content and eventually becomes hemp which has many industrial uses (i.e. fabric, rope etc.) due to the natural coarseness of its fiber. That said. It's an area where pharmaceutical, liquor and tobacco companies (along with their investors) can all profit big time. Perhaps cannabis is the 21st century 'gold rush'. There will be other lucrative growth opportunities as well (e.g. organizing various co-ops, lobbying, lab analysis, R&D, advertising, and market research etc.). As a promising growth industry, it's a prime economic/vocational opportunity for the Millennial generation and perhaps their chance at balancing the wealth scale to a certain extent. Time will tell as underground has now gone mainstream. |
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28 December 2017, 04:27 PM | #144 |
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I'm strictly a pharmaceutical investor. I don't smoke it, I do eat a low THC gummie bear now and then to relax and use the CBD drops to help sleep. I think the slow growth will be in pharmacy use as it takes more time and government approval. The recreational trend will be like the wild west. Tons of money to be made
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28 December 2017, 06:18 PM | #145 |
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So much growth potential. Surprisingly CBD oil is now legal and being sold in Japan. Couldn’t believe it. Zero THC though.
Times they are a changing.. |
28 December 2017, 06:30 PM | #146 |
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^^ This is great news for those who need it medically ^^
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29 December 2017, 01:36 AM | #147 |
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The momentum in the trend towards global cannabis legalization is immense. These stocks will keep grinding higher. Eventually, there will be a bubble of expectation as everyone chases the profits and causes some of the stock values to get ahead of themselves, but that may be a while as we are in the very early stages of the imminent hyper growth phase. It is an overweight allocation for those who can withstand higher than normal volatility and risk.
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29 December 2017, 01:45 AM | #148 | |
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Wish I bought more. That whole hindsight thing....
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29 December 2017, 03:36 AM | #149 |
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I have a lot of shares and even I wish I had more...
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29 December 2017, 03:45 AM | #150 |
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My cannabis portfolio is going crazy right now. 5%-8% gains all over the board per day this week.
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