Marijuana stocks

[Tahuyaman]

I just met with my investment counselor. We made some changes to my investment portfolio to take advantage of these new buying opportunities.


I brought up up the issue of marijuana stocks. He wasn't necessarily opposed to the idea, he's just concerned about the obvious risks involved. He showed me the performance of one particular stock, Canopy Growth Corp (CGC). It was flat for a couple of years and started to rise as various states legalized recreational use, then shot up dramatically when Canada legalized marijuana. It has since declined a bit.



I have serious doubts that the Feds wil step in and seize the assets of any of these companies.


Has anyone invested in any marijuana stocks and if you have, how have they done?

[Lummy]

So the fortunes of hippie-happy woopy-do are particularly sensitive to politics. Far out.

Thanks to you and your investment counselor for the tip, and happy New Year to you.

Let me suggest selling your stocks in insurance companies. But what do I know? Peace, man.

[Tahuyaman]

So the fortunes of hippie-happy woopy-do are particularly sensitive to politics. Far out.

Thanks to you and your investment counselor for the tip, and happy New Year to you.

Let me suggest selling your stocks in insurance companies. But what do I know? Peace, man.

I provided no stick tips. I asked if anyone has purchased a marijuana stock and to tell me how it performed.



Reading comprehension, it's fundamental.

[Peter1469]

I don't buy stocks. I buy diversified mutual funds.

[Tahuyaman]

I don't buy stocks. I buy diversified mutual funds.

Those are stocks. Just not individual stocks. If you own mutual funds, you are in the stock market.

[jigglepete]

I just met with my investment counselor. We made some changes to my investment portfolio to take advantage of these new buying opportunities.


I brought up up the issue of marijuana stocks. He wasn't necessarily opposed to the idea, he's just concerned about the obvious risks involved. He showed me the performance of one particular stock, Canopy Growth Corp (CGC). It was flat for a couple of years and started to rise as various states legalized recreational use, then shot up dramatically when Canada legalized marijuana. It has since declined a bit.



I have serious doubts that the Feds wil step in and seize the assets of any of these companies.


Has anyone invested in any marijuana stocks and if you have, how have they done?

I just heard a major beer company ( Carona?) is looking to buy Canopy...get the stock...get it now...

Canopy is a good investment regardless IMO

[Tahuyaman]

I just heard a major beer company ( Carona?) is looking to buy Canopy...get the stock...get it now...

Canopy is a good investment regardless IMO

I read about Corona investing millions in Canopy. I'll probably buy 100 shares or so.

[Peter1469]

Those are stocks. Just not individual stocks. If you own mutual funds, you are in the stock market.

Yes, mutual funds are on the markets.