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Weed stock

3,812 Views | 13 Replies | Last: 6 yr ago by MrJonMan
Truman2001
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AG
Anyone have a good one currently selling for under $5?
M.C. Swag
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I definitely believe that marijuana is a gold mine waiting to happen, but I'd stay away from most marijuana-centric companies. If/When Marijuana becomes federally legal, imo the companies that will reap the biggest rewards are those that have already established a business and distribution infrastructure. (Think cigarette or other food manufacturing companies)
FrontPorchAg
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Why $5? Just because it's not a lot of money per share doesn't mean it's cheap.

Look at PM.
Duncan Idaho
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Jeff sessions is keeping me out of this market
94chem
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I believe you have just coined the name of the next big music festival.
AggieSportsGuy
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But really, what is the best way to go about investing in the marijuana industry?
M.C. Swag
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AggieSportsGuy said:

But really, what is the best way to go about investing in the marijuana industry?
Nobody knows. It's a volatile 'industry" right now. Too many variables to consider, the biggest of all is federal regulation. You'd be throwing darts blind trying to invest right now.
confucius_ag
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SMG- Scott's Miracle Gro

They already have a division doing research to go after this business.


Flo_Mo
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maxag42
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What's the price to buy these stocks?
Aggie09Derek
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You serious?
investorAg83
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Aggie09Derek said:

You serious?


Of course he's not, Derek...he knows the answer. You only want to buy at the bottom.
Aggie09Derek
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investorAg83 said:

Aggie09Derek said:

You serious?


Of course he's not, Derek...he knows the answer. You only want to buy at the bottom.


Yeah that's when I always buy
FrontPorchAg
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AggieSportsGuy said:

But really, what is the best way to go about investing in the marijuana industry?
http://www.businessinsider.com/first-marijuana-etf-2017-2

Quote:

The Emerging AgroSphere ETF would give investors an opportunity to buy a group of companies making prescription drugs using cannabis extracts, selling hemp derivatives and other related stocks, fund backer ETF Managers Group LLC said in a filing with the U.S. Securities and Exchange Commission last week.
It's still early but if it gets approved this has huge upside.

I will try and keep an eye on this and keep it updated.
MrJonMan
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Stumbled on this thread while researching some stuff

I've got a buddy that bought $2500 worth of HEMP stock.

It's a penny stock, 2.5 cents he paid

I asked him how he knew what stock to buy out of all the options and he said he didn't, just felt like taking a flier on a cheap one
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