Weed Stocks & Investing Thread (And Cannabis Campus Buffalo)

Holy fuck. This is wild:

Article says he used Lexapro. Lexapro is an anti-depressant and if snorted/abused it can induce states of calmness and mild euphoria (according to r/drugs on reddit) along with a major short lived rush.

With some powerful weed, and I mean powerful, IDK. I still think his weed defense is bullshit.

What I believe is that he harbored these feelings against his father prior to this, and perhaps abusing the Lexapro and getting high as balls, he followed through on those feelings.

Cannabis induced psychosis is very real. Real enough to make someone murder someone? I call bullshit.

Own up to your murder buddy.

Medmen below 50 cents. I wish I knew the future to buy more or not.

i actually cannot believe it.

these guys were north of $8 (CDN) at peak. i started buying in the low $3 range.

I will keep buying these guys. they are backed by Gotham Green PArtners (GGP) which essentially controls Cronos and Ianthus by being a major source of funds and connector of deals. At these prices it’s pretty crazy. i bet GGP is scalling into MMEN and also funding the negative pieces to suppress the price as they scale in.

MMEN’s footprint, branding and revenues are among the best out there. Trulieve and CURA are beating them and Trulieve is still a single-state operator (FL).

*edit, just bought another 1100 shares of MMEN :slight_smile:

Opened an old watch list which had a bunch of weed stocks on it and holy shit… OWCP added at $1.82… now it’s $0.0067, lol.

They get criticized a ton on reddit for burning through cash like crazy. Others have been stating Gotham Green will take them private for pennies on the dollar.

Their earnings are at the end of this week I believe.

@Onyx_Z32 a lot of people can’t believe this shit either

Medmen earnings in. 5% quarter over quarter increase in earnings

Burned 44 million this quarter with 42 million remaining for this quarter, they need money

25 cents incoming god dammit

Hope I’m wrong

saw that, still dont see these guys going under. diluted sure.

If this went to 25 cents part of me wants to buy 100,000 shares LoL I wouldn’t be able to sleep at night

Canopy class action incoming:

Canopy Growth Corporation (NYSE:CGC)

CGC Lawsuit on behalf of: investors who purchased June 21, 2019 - November 13, 2019

Lead Plaintiff Deadline : January 20, 2020

TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/canopy-growth-corporation-loss-form?prid=4637&wire=1

According to the filed complaint, during the class period, Canopy Growth Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing weak demand for its softgel and oil products; (2) as a result, the Company would be forced to take a CA$32.7 million restructuring charge due to poor sales, excessive returns, and excess inventory; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

its bullshit. every cannabis company has multiple suits being brought against them.

There are several for sure, Aurora just had a couple class actions heading their way.

Fucking medmen at 39 cents yesterday!!!

Added to my WeedMD and Trulieve position.

And Trulieve drops 25% based on a short report.

WHEN WILL THE KILLING END

probably a buy opp on them. one of the strongest US plays.

They fired back with a statement and an increased lock down period. Stock shot back up

Well NY will not be legalizing this year, not that that is a surprise.

Still adding to my positions, about $200 a month.

Split between Scott’s Miracle Grow, Constellation, MO, Aphria, Canopy, Cronos, GW Pharma, Cannabix, WeedMD, Medmen (haven’t bought, just holding), Trulieve

Considering Eve and Co again

As of last week have started investing in the psychedlics psilocybin/ketamine/mdma sector.

Starting with MindMed, promising ibogaine and microdose LSD studies but I assume all money I put in this stock will go to zero.

Waiting on Numinus & Compass Pathways to invest heavier into the sector.

4 posts were merged into an existing topic: Game Over (Game On?) for Financial Markets?

Posting this so I can finish reading it later

yeha MMEN sucks and i entered way too early.

with that being said the last week has been very strong.

I have had at least 2 dozen individual stock days up double digits… that probably didnt make sense…

anyways, one of my holdings has tripled since last week but im in at $0.18 and its only back up to $0.04 so still sucks but the volume is coming back strong.

I thought I was smart getting in at 1.50 LOL it’s at 30 cents

can’t win em all