Quote:
Originally Posted by ReggieDurango
Well yes, it seems pretty much all weed stocks across-the-board are down from when they started two years ago. But, might now be the time to buy?
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Not only down, a lot disappeared. They won't be able to get new cash when needed and than more are gone. You really have to investigate the current situation in those companies. If they need money, they will be gone soon. Many have gone with the money also.
And also depends what sort of company in cannabis. I would go for a coffeeshop brand like The Bulldog made in Holland. What is the next Starbucks for Cannabis... Some think a certain flavour/strain will make it, but you just clone it. Or they must really brand it like the Heineken of Cannabis. Growing weed is easy. In Holland there are copyrighted seed crops though like for potatos, tomatos etcetra.
In my opinion owning 1 or more coffeeshops like they have in Holland is best. They make a lot of money. Also cause there are more and more rules (minimal distance from schools, now prohibited to smoke weed with tobacco inside, etcetra). But the best investment is growing yourself and selling it in your own shop.