Post
Topic
Board Securities
Re: ☘ ☘ ☘ Cannabis Stocks 🔥 🔥 🔥 🔥
by
fade400
on 09/01/2018, 03:13:31 UTC
Yes! This is the next gold rush. I think at least, that is. 

I gotta say, the cannabis investments feel like they are on the brink of a moon shot right now. The daily gains are continually going up a lot like that of the crypto markets. 5-20% daily fluctuations are rather frequent. When recreational sales in California initiated at the beginning of January, one stock went up 34%! Though a few days later, our Attorney General cried out on his intention to prosecute illegal operations under federal law. Stocks tumbled that day but the next day they bounced. I'm a little wary of this new announcement, but everyone here pretty much hates our governing administration at the moment and a lot of the news articles I have read so far seem to say that the industry is to big to stop now.

I'm interested in a few stocks in the U.S. but I'm more interested in some of the Canadian based companies. If the rumors are true (which they seem to be), Canada as a whole will legalize recreational marijuana for adult use by July 2018. That's huge! I'm seeing solid gains in ACBFF, APHQF, SPRWF, TWMJF and OGRMF and likely others. I would be interested to hear about other stocks people are looking at too.