Quote:
Originally Posted by Bjorn_Tasty1
I made a list of stocks and kept tracking them. 95% is gone in 1,5 years.
In Holland, most profit is for the selling points (coffeeshops) and the growers.
They will start regulating more and more if the prices drop or for other reasons.... or they just tax it more. Most cities in Holland have a maximum amount of coffeeshops and people will never sell that license (also hard to sell). A small coffeeshop in a city with 150.000 people will make easily 1.000.000 profit a year and has about 4 or 5 colleagues. I would open a coffeeshop myself if you are living there and know the rules.
For example, Holland decided that all coffeeshops must be at least 250 mter from a school. Therefor coffeeshops protested if a school wanted to locate nearby and coffeeshops closed.. Now they ban tobacco in more and more coffeeshops. In my city that resulted in that people only buy their weed, and has to smoke it at home or outside or pure.
Buying real estate that are licensed selling points will be good.
I would not invest in IIPR, many farmers that have space, money and knowledge.
Growing is simple, just buy some land and build a greenhouse with extra lamps.
But as long as people believe it, that stock will also go up. And can fall as hard.
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I invested in several, @ 1st was doing good, then after legalization came, they went for a shit. I guess the sizzle was better than the steak. I only invested in direct growers , with real estate assets, who are licensed suppliers. I'm in it for the long term, but as of right now, value is roughly 50% of what I paid for it !
