Publicly-traded Cannabis Industry Companies

[DonRickles]

Originally Posted by superdog

I’m up big on Grwg. Bout in at 18. And bought a solid amount.

Down on the rest of my cannabis stocks. Still holding though. I genuinely believe the industry will only go up. And I didn’t buy very much anyway.

I’m not a pump and dump kind of guy. I don’t hate on it either though. I’m just not a pro trader. And I think even though the US might be a better market to make money fast, I just don’t see how these established companies won’t continue to develop along with the industry. Or be purchased.

That’s my story and I’m sticking to it.

Grow Generation belongs to my nephew ….I got in at three and got out at 11….I still have a small amount. And you might’ve thought I could’ve heard something through the family tree but did not!

[superdog]

Originally Posted by DonRickles

Grow Generation belongs to my nephew ….I got in at three and got out at 11….I still have a small amount. And you might’ve thought I could’ve heard something through the family tree but did not!

Great company. Huge things ahead.

[CamSLC]

Originally Posted by DonRickles

Have you looked at GRWG lately......Holy Shit I got out too early!

Nope haha. I sold in the 40's. It's a good company. It was a double bagger for me.

[BroncoOne]

Cresco Labs

It is a US company based in Illinois trading on the Canadian over the counter exchange. It operates in several states with wealthy populations, most recently announcing an acquisition of an excellent company inMassachusetts.

If the US opens up banking and/ or takes cannabis off of the Schedule 1 drug list, profitability will explode without anything else needing to happen.

For example, staying on schedule 1 prohibits cannabis companies from taking any usual tax deductions like payroll, rent, etc that every other business takes. The only thing that hat they can deduct is the cost of the cannabis itself. If just that goes away, boom.

Again, this is for US companies.