How can a person seriously make a profit off the soon recreational weed in Cali?
- Thread starter Gonzo
- Start date
Ol’Otis
The Picasso of the Ghetto
@marcuz @King Poetic @TheGregReaper @KingBenji
That shyt over saturated
Corporate America are quietly buying all that shyt up
That shyt over saturated
Corporate America are quietly buying all that shyt up
I'm going to need more details
LiIZaneFan1978
2PAC BACK
Grow some weed and sell it then go public
put me down for 10 shares
put me down for 10 shares
Cel 510 kid ados forever
Veteran
Get off cali d that market mad over saturated
BushidoBrown
Superstar
4/20 Edition : All About Marijuana Stocks (Recommendations Included)
4/20 Edition : All About Marijuana Stocks (Recommendations Included)
APRIL 20, 2017
The marijuana craze has created hundreds of startups within the marketplace. Over the past few years major milestones have been accomplished for the marijuana industry. In 2012 Colorado and Washington became the first states where marijuana sales to adults 21 and up were legalized. Since then an additional 6 states have been added to this list. Investors should accept this fact: Marijuana isn't going anywhere. The pot industry is projected to generate more than $10 billion in annual legal sales by 2018. As this sector expands, there are 3 important factors we should consider when investing in marijuana securities.
1. As the market for marijuana grows, the industries which support the necessary harvesting are also growing.
As the marijuana industry grows, other industries such as solar energy and fertilizers will also grow. It is already estimated that 1% of the United States electricity is generated from solar grow rooms. Solar energy is a great sector to start researching and investing in. The fertilizer and garden market has already seen industry growth in it's support to marijuana harvesting. Scotts Miracle- Gro (SMG) is on my watch list and a company I've invested in. The company is a combination of two companies in the consumer lawn and garden market which has tapped into the marijuana sector by selling equipment for hydroponics. Shares have jumped roughly 37%.
2. Many marijuana startups will fail, but the winners will be established companies that are adding marijuana to their product line.
Biopharmaceutical companies that have decided to get on board with medical marijuana have seen tremendous growth. AbbVie Inc. (ABBV) is a pharmaceutical company that has a cannabis based drug on the market. The FDA approved Marinol, which helps alleviate nausea or vomiting for chemotherapy patients. It also helps AIDS patients who have lost their desire to eat. It's operating income has increased steadily and the dividend is about 4%. Another thing I like about this company in particular is that Marinol is not the company's only drug or even their best seller. So it's a way for investors to ride the marijuana trend without 100% exposure.
3. Every one of the largest marijuana stocks have tripled in value over the last 12 months.
The largest marijuana stocks by market cap have all significantly increased. Here are the top 4 marijuana stocks along with their one year returns:
GW Pharmaceuticals (GWPH) : $3 Billion; up 64%
Canopy Growth Corp. (TWMJF) : $904 Million; up 259%
Aphria (APHQF) : $440 Million ; up 381%
Aurora Cannabis (ACBFF) : $482 Million ; up 299%
Basically, Don't just be a pot enthusiast, be an investor. Lol
