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Old 01-08-2019, 03:33 PM  
wankawonk
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Join Date: Aug 2015
Posts: 1,018
Are you invested in cannabis stocks?

What cannabis stocks are you invested in, and why? Which ones are you staying away from?

I have a sizeable position in IIPR. they're a REIT that owns (and is acquiring) industrial grow spaces that they rent to growers.

I'm staying away from any company that wants to grow or sell the product. I think its a commodity product and the people directly involved in growing/selling are all going to race to the bottom with their prices and struggle to make large profits.
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