Investors have seen cannabis stocks lose more then 60% of there value including Canopy growth corp, Aurora, Aphria, Hexo, MedMen, Golden Leaf Holdings …
How in the world is Aurora the industry leader? The hype came from Bruce and Canopy. Aurora has not led even one sector rally. Not to mention Aurora is constantly diluting their shareholders, unlike CGC and CRON who both have billions. Not to mention CRON has Altria backing them and can survive 41 quarters at their current cash burn rate. Who do you think will swoop in and gobble up these companies now that they are so cheap? That's right…it's CRON. Canopy can't because they need their current funds to continue operations. CRON has stated that they do not want to be the farmer so how do they operate? By owning majority stakes in a bunch of US MSO's and completely dominating the whole space. Think about it…
the prices are too high the stores aren't enough and the whole thing is shit. go wait 2 hours in the store to pay 100 for a quarter ounce. vs make a call get delivers in 30 minutes and get a quarter for $50
I make a passiv income by investing in crowdfarming. There's a Swiss company ( https://cannergrow.com/r/NN5HDJ ), that is working with that system. You're buying a cannabisplant with them. But since you're not an expert of growing it, they take care of the plant and send you the grown CBD every third month. The great thing is, that you can decide to allow them to sell the CBD for medical products and share profit with you. In numbers: By investing 500ā¬ for a lifetime of taking care of one plant, you're going to recieve about 70ā¬ every third month. In less than two years you got your return on invest back. To earn 1000ā¬ a month you need to buy 43 plants, thought, which costs you 21500ā¬. This is a lot, if you invest it all at once. But I still like the idea. š (sorry for the bad English)
How in the world is Aurora the industry leader? The hype came from Bruce and Canopy. Aurora has not led even one sector rally. Not to mention Aurora is constantly diluting their shareholders, unlike CGC and CRON who both have billions. Not to mention CRON has Altria backing them and can survive 41 quarters at their current cash burn rate. Who do you think will swoop in and gobble up these companies now that they are so cheap? That's right…it's CRON. Canopy can't because they need their current funds to continue operations. CRON has stated that they do not want to be the farmer so how do they operate? By owning majority stakes in a bunch of US MSO's and completely dominating the whole space. Think about it…
$5 on Aurora! lol. good call
the prices are too high the stores aren't enough and the whole thing is shit. go wait 2 hours in the store to pay 100 for a quarter ounce. vs make a call get delivers in 30 minutes and get a quarter for $50
I make a passiv income by investing in crowdfarming. There's a Swiss company ( https://cannergrow.com/r/NN5HDJ ), that is working with that system. You're buying a cannabisplant with them. But since you're not an expert of growing it, they take care of the plant and send you the grown CBD every third month. The great thing is, that you can decide to allow them to sell the CBD for medical products and share profit with you.
In numbers:
By investing 500ā¬ for a lifetime of taking care of one plant, you're going to recieve about 70ā¬ every third month. In less than two years you got your return on invest back.
To earn 1000ā¬ a month you need to buy 43 plants, thought, which costs you 21500ā¬. This is a lot, if you invest it all at once. But I still like the idea. š
(sorry for the bad English)
Excellent video!
šÆ Great Video, Iām sitting on the sidelines, waiting for the smoke to clear šØ š
My one friend bout $40k of WEED back when it was $54. He's very depressed.
. How do you even pay taxes on something thats federally illegal when you go to sell your position?
Great vid!
Mj stocks are so speculative. I think it was hot at first because of people's fear of missing out.
Cannibas stocks reminds me of the solar stocks 10 years ago. Many did not survive as the market crashed. Invest carefully. š