Quote from: raven7886 on September 23, 2018, 02:19:39 PM

People are not investing on legal weed companies because they are making a lot of money, I think people are investing because there is a big high potential in the future of it.

Today it may not worth this much, maybe today it is overvalued a lot, however they believe that the first weed companies that are getting bigger each day can worth A LOT in the future, 10 years from now these companies will worth insane amounts and they are investing into that potential and not today's prices. I am not invested in them but if I ever did I would definitely invest for what it could be and not for what it is right now.

it's a real tossup at this point though, which is why the risk/reward on pot stocks is so high right now. it's super speculative, and the situation is so nascent that market share can change very quickly.

in a few years, we'll have a much clearer idea of who the dominant players in the industry are. investment will gravitate towards them, and the potential gains will get smaller over time.

Quote from: 1Referee on September 23, 2018, 07:32:18 PM

The problem with these emerging stocks is that they are very difficult to price properly, because it's not just a matter of looking at the fundamentals and whatnot, but also the fact that in most cases 50% of their value is based on nothing but speculation, especially when you have retail investors jump on board like there is no tomorrow.

yeah, and i'd actually say more than 50% is speculation.

it's really difficult to say exactly how big the market will eventually be, or what the regulatory landscape will look like if/when the federal government establishes a regulatory regime. and it's becoming a highly competitive market for producers. i suspect most companies are overestimating the percentage of the market they can capture.