Boiler Room: The Official Stock Market Discussion

[dora_da_destroyer]

yall got me looking into MJ and i see there's a weed REIT - IIPR, shyt is up 95% in the past 6 mos + dividend

i also see Scott's Miracle Grow as a play, I'm using that for my hydroponic farm, and of course it's big for MJ growers

 

[Ozymandeas]

Robinhood doesn't do instant deposits?

RH does. I’m moving to TD Ameritrade. They don’t do instant deposits or at least I’m not getting it. But I get it. No wonder people keep cash positions on deck.

 

[NaijaProdigy Redux]

RH does. I’m moving to TD Ameritrade. They don’t do instant deposits or at least I’m not getting it. But I get it. No wonder people keep cash positions on deck.

You sure? I do instant deposits all the time. I have an account linked and verified.

 

[TNOT]

yall got me looking into MJ and i see there's a weed REIT - IIPR, shyt is up 95% in the past 6 mos + dividend

i also see Scott's Miracle Grow as a play, I'm using that for my hydroponic farm, and of course it's big for MJ growers

Can I pm you about the hydroponic farm?

 

[FreshFromATL]

which US stock you think will grow the most? I'm debating getting back into MSOS, but also feel picking one stock vs ETF might be a good look for this industry

I'll put it like this...

Edit: (got a little lazy at the end with typing but still get the points across)


Homerun/swing for the fences pick
Planet 13 - The homerun pick. They're already developing a serious MOAT as they're positioning themselves as a "destination", sort of like an "adult" Disney World, but for cannabis. They're going to try and set themselves as a tourist spot in all major cities that people come to when they visit. They're vertically integrated, have branding, have great product, and they're already first-to-market with the concept. They're about to expand into LA and will soon expand across the country. They have a chance to be a special company.

Leaders with growing footprint in the US
CuraLeaf/Cresco Labs/GreenThumbs Industries/Trulieve - All have footprints in the US right now and scaling (These companies will be the first to benefit from US legislation). CuraLeaf currently has the largest footprint and growing on pace to be the first MSO to hit $1 Billion in annual sales. Cresco Labs, great management, great product, constantly acquiring brands, and their Sunnyside dispensary is VERY popular....Revenue is exploding.

Culture/popular pick
The Parent Company - Largest vertically integrated cannabis company in California listing via largest cannabis spac deal ever. Jay-Z as the face and going to have that roc-nation push/backing.

Real Estate pick
Innovative Industrial Properties - Currently how many of these cannabis companies get property funding as they're not able to get funding from the big American banks *yet*.

Tech pick
SSPK/Weedmaps - Currently setting themselves up to be the Amazon/Google of the cannabis industry. This is where cannabis companies are marketing/selling their products and businesses.

Canadian Front-runners that will just right into the US when federally legal
Canopy Growth/Tilray - Two monsters on the global level with tons of cash and set to move into the US market the instant it becomes legal.

ETF
MSOS (for straightup US MSO exposure) and YOLO (For 50% US, 33% Canadian exposure). I think right now, MSOS is the best cannabis ETF short-term and long-term.

 

[Kyle C. Barker]

RH does. I’m moving to TD Ameritrade. They don’t do instant deposits or at least I’m not getting it. But I get it. No wonder people keep cash positions on deck.

You get instant deposits on tdameritrade if it's tied to a margin account

 

[Ozymandeas]

You sure? I do instant deposits all the time. I have an account linked and verified.

You a big baller though I could’ve messed something up though. I’ll go recheck.

 

[FreshFromATL]

Damn, don't look like that CCIV AH dip is coming gonna have to average up

 

[dora_da_destroyer]

I'll put it like this...

Edit: (got a little lazy at the end with typing but still get the points across)


Homerun/swing for the fences pick
Planet 13 - The homerun pick. They're already developing a serious MOAT as they're positioning themselves as a "destination", sort of like an "adult" Disney World, but for cannabis. They're going to try and set themselves as a tourist spot in all major cities that people come to when they visit. They're vertically integrated, have branding, have great product, and they're already first-to-market with the concept. They're about to expand into LA and will soon expand across the country. They have a chance to be a special company.

Leaders with growing footprint in the US
CuraLeaf/Cresco Labs/GreenThumbs Industries/Trulieve - All have footprints in the US right now and scaling (These companies will be the first to benefit from US legislation). CuraLeaf currently has the largest footprint and growing on pace to be the first MSO to hit $1 Billion in annual sales. Cresco Labs, great management, great product, constantly acquiring brands, and their Sunnyside dispensary is VERY popular....Revenue is exploding.

Culture/popular pick
The Parent Company - Largest vertically integrated cannabis company in California listing via largest cannabis spac deal ever. Jay-Z as the face and going to have that roc-nation push/backing.

Real Estate pick
Innovative Industrial Properties - Currently how many of these cannabis companies get property funding as they're not able to get funding from the big American banks *yet*.

Tech pick
SSPK/Weedmaps - Currently setting themselves up to be the Amazon/Google of the cannabis industry. This is where cannabis companies are marketing/selling their products and businesses.

Canadian Front-runners that will just right into the US when federally legal
Canopy Growth/Tilray - Two monsters on the global level with tons of cash and set to move into the US market the instant it becomes legal.

ETF
MSOS (for straightup US MSO exposure) and YOLO (For 50% US, 33% Canadian exposure). I think right now, MSOS is the best cannabis ETF short-term and long-term.

time to create a weed pie on M1

 

[old pig]

Robinhood doesn't do instant deposits?

only up to $1500

 

[Kal El]

well everyone is pumping now lol. in this thread we were on it a couple weeks ago. i believe @Kal El might have called it at 12-13. i looked into it sounded good and here we are.

So tempting to trim, but triple digits seems likely if the DA gets announced

 

[FaTaL]

Damn, don't look like that CCIV AH dip is coming gonna have to average up

i doubt its dropping much, any word on when the merger will be announced?

 

[dora_da_destroyer]

Can I pm you about the hydroponic farm?

not sure i'll have much info for you as someone kinda built a plug & play system for me, but shoot

 

[Saysumthinfunnymike]

Damn, don't look like that CCIV AH dip is coming gonna have to average up

all spacs dip if there's no news tho. so everyone needs to keep an eye on this, nobody come in a week later and ask why is it down

 

[Koli_Kat]

Started my Robinhood journey. Hope they treat me good.

Spoiler

Right mindset. Wrong app