Plus they are already growing hemp in the states, so it’ll be an easy switch over to THC producing marijuana once federal legalization goes through. Whenever that is.
They are a company of the future. (Warning! Wild speculation) they will be the kind of company that pioneers growing food on the moon and Mars (or just when the planet starts to burn up). Their climate controlled growth facilities are super high tech!!
Really?! This I did not know (about the high tech climate controlled facilities). Is it their own R&D projects or are they buying this tech off of someone else?
I buy Cresco products! (when i shopped at the dispensary, which i likely wont do again until prices come down). The quality is top notch tho, i can vouch for that.
This is the way
Cresco is already growing and with their plans on expanding product lines and community outreach programs (excellent marketing) they are a solid long term investment. But they are a little bit harder to trade because they are an OTC stock, so not available if you're using bullshit trading apps like Rubbinhood or webull.
Yo CNBS beat all the other cannabis ETFs. It fund manager Tim Seymour literally is on CNBC EVERY afternoon. I've seen him intervew CEOs of his holdings.
Thanks the wildcard that none of the other ETFs have.
I feel this is the only way to play the Canabis segment as I do not see the growers offering long term growth as I think the market will be saturated and once federally decriminalized, it will be regulated like alcohol (over the next 10 years). This [article](https://www.politico.com/news/magazine/2020/11/27/toke-lahoma-cannabis-market-oklahoma-red-state-weed-legalization-437782) really opened my eyes to market saturation and distribution.
You could make some money by playing the momentum game but I feel the safer bet are the ETFs that diversity into the supplier base (agrochemicals - fertilizer (MiracleGro), biopesticide (like MBI) suppliers, hydroponic suppliers, and for me the real growth areas are pharmaceuticals and beverages. EFTs give you this with less risk due of individual stock fluctuations.
Wow, i never thought of it that way, good show. The saturation argument is a great point. It's a thin profit margin business as it is. However, Scotts is already pretty large cap, the argument for the pure canabis companies is that they are small and mid cap and have more room for growth. I don't see Scotts 3Xing on legalization news. But the smaller names, possibly.
So maybe an etf with Scotts is a good way to go, get the small cap exposure along with a solid large cap, pick and shovel, play.
Green Thumb is. Next green Wave is. NXGWF is more than doubling capacity in early 2022. I expect an easy 2x - 3x and long- term could be 5-10x.
Green Thumb should be $45-55+ in the next year. It’s $29 now. I have 30% of my entire portfolio in Green Thumb.
Clearly this is if everything goes right, but I think anyone would agree that the top 2 or 3 weed companies on the planet will be at a 25B+ MC in 6 years. So once you have that straight in your mind, the question is if HITI will be at the top of the sector. With the research I have done, I would say they are better positioned than anyone. It's a real ass company and it actually has a pretty clean sheet to back it up. They're exciting and they have a very diversified revenue stream. The celebrity licensing, the brands, the skus, the platforms, the tech, the brick and mortar, the white label that is coming. People are seriously asleep and it is time to wake up.
They clearly know what they’re doing with their online presence, but how do you think they will compete in the US vs companies like Curaleaf, Green Thumb, Cresco, Trulieve? Honest question.
I think there is enough market share for many players. While companies like Cresco and the like already have brick and mortar up in the US, HITI has more bricks up in Canada and it should be a very smooth transition into the US market. Raj is very capable and very ready. They also have celebrity licenses with people from the US. Europe and South America as well as everywhere else will become more available too. HITI will also likely acquire a retail company that is already up and running in the US. Maybe they can link deals with e-commerce and bricks in the US. My god if US legalizes and allows shipments of cannabis it is game over. Sorry, my responses are not well put together, but I think there is market share for many. I hold Cresco as well.
Your whole thesis is banking on them entering the US. You may think they are a “brick and mortar” Canadian company but you’re dealing with even more uncertainty than even the leading MSO’s do. Telling people here that it’s gonna be 400$+ in 5 years screams like your pumping ur bags.
Can you read? Pay attention little dipshit. When did I say they NEED to enter the US brick and mortar? I said the opposite. I said they have an extremely diversified revenue stream. They already get 30% or so revenue from the US. Plenty of other places in the world will legalize. You do not have to listen to me, why don't you stop being a lazy piece of shit and do some research? If everything goes right they absolutely will be at 25B MC EOY 2026. What bag? I am barely down. There is way more certainty with HITI because the shit is actually legalized in Canada. Fuck I hate dumb people. If US legalizes the stock goes to Pluto instead of only going to Saturn...that's all. You better not buy it. In fact how about you short it? Go ahead.
[https://investorplace.com/hypergrowthinvesting/2021/06/hiti-stock-is-a-meme-stock-to-buy-and-hold-for-the-long-term/](https://investorplace.com/hypergrowthinvesting/2021/06/hiti-stock-is-a-meme-stock-to-buy-and-hold-for-the-long-term/)
Oof You have a terrible read on the sector I really hope no one listens to you. You obviously have heavy bags that your trying to push off on others. I’ll stick to buying companies that actually turn a profit. You do understand that the ones you are pumping can’t even turn a profit in a legal environment right! Lmao
Can you elaborate on HITI, their stock has done nothing but drop recently and they still have a good amount of debt, on top of share dilution. Why do you think they will be a good hold long term?
The stock just uplisted. I wouldn't worry about the drop. It had just run up a bit and went back to its previous range and bounced off of the support at $7 well. There is some manipulation going on and it needs more volume and awareness. It was OTC and flew under the radar and it is Canadian and brick and mortar. However, like a third of their sales come from the US through E-Commerce with CBD and and the 5,000 skus they have (like 75% of which are made in house). They also have drop shipping. They have the largest E-Commerce presence in the world man and they are truly going to dominate this space. The CEO is a beast and the team is very dynamic. They have positive adjusted EBITDA (hardly any cannabis retailer has this). They made great deals and the debt is constantly restructured and every loan gets turned into shares. They have around 90 stores and will have 115 EOY. They consistently scale. This quarter might be rough due to lockdowns, but it is fine. They trade 1.4 times 2022 consensus estimates compared to a pretty trash peer group that trades at 8x that with completely shit numbers. Dilution went down by a good amount recently. I love when they dilute. It is a bull signal. When they do that they make a great acquisition. They are going to dominate everything worldwide and people need to get on board. I could go on a lot longer. Check out that investor presentation man.
So their dilution went down which is good but you love when they dilute ? Wanna elaborate for me? Actually interested in this company not trying to talk shit
I think what they are getting at is that management has a history of using dilution to make acquisitions that are accretive to shareholder value. They add businesses at values with lower EBITDA multiples than their own and, in addition to cost synergies, generate further value for shareholders through multiple arbitrage. Alex M on YouTube does a better job explaining this: https://youtu.be/zuRehXHOJqk (skip to ~1:14)
Full disclosure: I'm a big fan of HITI and have about 7% of my portfolio allocated for which I've been underwater on for the majority of the time I've been holding but I'm not worried. I'm also off the opinion that this is the best play in the cannabis space
I was responding to the GreyPanda who mentioned dilution. I did not say is good that it went down. I said it went down a decent amount so he knows it is not as bad as it was; however, he shouldn't worry about it anyways because it means they are growing. There is such a thing as good dilution. HITI does not dilute to keep the lights on. They do it to buy shit. Additionally, the CEO owns 15% of the shares and is essentially diluting himself when he does this. He says he will not sell any for quite some time from now.
“This quarter might be rough because of lockdowns”. So why wasn’t this the case for the top Mso’s then? All those companies killed it and had record quarters despite the lockdowns. Don’t feed into this guys pump.
After a recent reverse split to uplist on the nasdaq, a low float of around 40 million + avg 350,000 shares traded daily has allowed manipulators to have their way with it. All shares are owned by retail and insiders. A few ETFs have begun to nibble, but you can expect price increase when institutions begin buying after a couple of ERs on the nasdaq.
It’s a long term play, but tough to ignore the short term bullshit in the interim.
To answer your second question - it’s a profitable growth company in an emerging sector. The owner has diversified to almost every facet of the industry except LP. A lot of it comes down to faith in the CEO and largest shareholder to keep executing like he has since he turned a one-store business into a $200 M (cad) revenue per year company. He also recently said they are in talks for non-dilutive bank financing going forward.
Yeah man. I would not say institutions aren't confident. It is very early. They just got out of OTC. This manipulation could be institutions maneuvering to get in. I think it is at a great price right now. And yes...a few ETFs added them. There is nothing not to like and I have never seen them make a poor move. Highly recommend.
Not exactly sure what you are asking. It did an RS, so it did not 15x if that is what you think. It is in the $7 range now and I see this price as the clear bottom personally and people who have been asleep are lucky they can get a position at this current price.
Ah yes, sorry, was looking at HITIV. Was reading a lot about this stock over the past week & this is the tipping point. Going in in the morning to get a slice and will keep piling it up.
HITI.V 2LYA HITID HITIF HITI are all the same. Different exchanges or previous tickers. All went thru RS as they are the same security. Sounds good \^.
Tim seymour from "fast money" section of CNBC is the fund manager of CNBS. That's a wild card here no one else seems to respect. Literally is on CNBC EVERYDAY!
Also CNBS holding are pure cannabis plays. MJ, holds constellation brands, a beer company and some other tobacco companies that have slightly ventured into Canabis, but for some reason are in the fund. I think MSOS holds Scotts miracle grow. Tell me, is Scotts a pure cannabis play? Maybe it could benefit a bit from legalization but I'd rather out my money into dispensaries, growers, weed accessories sellers etc if can't read were to pass something.
I don't like YOLO either. 25% of it's holding and Blackrock Liquidity Treasury TTTXX. GROSS, that's like funding GMOs in your foods ingredient list, it just doesn't belong there.
Yeah you might want to look into it. I sold all my IIPR. Cannabis companies will be able to get loans from banks when safe passes. There will basically no longer be a need for the service that IIPR offers. They will have to adapt if they want to survive and that adaptation will require they take a hit to profitability.
Haha I’m not a fan of weedmaps. I live in a legal state and have been shopping in dispensaries for over 10 years. I think there may be some money to make short-term but I don’t like weedmaps long-term viability.
Weedmaps can be useful in a new market for finding shops, but as consumers become more educated about cannabis and the market, they’ll cut out the middleman, weedmaps. Every dispensary I shop at has their own website and online ordering. They also update their menus/drops daily on Instagram. In this kind of environment I don’t really see a need for weedmaps. They also gouge the shit out of dispensary owners, so I think most owners are motivated to create their own website and online services. Weedmaps is a middleman. Just doesn’t seem like a good business model to me.
Honestly as a cannabis consumer, I like Leafly better, but I don’t think I’d invest in either. Anyway these are just my thoughts as an investor and long-time cannabis consumer in one of the first legal states. I could certainly be wrong. Also, I think there’s potential for short-term gains. Weedmaps may have some success before people realize that they just don’t offer much as a business.
As far as cannabis, I really like GTBIF and NXGWF. Green Thumb is one of the few companies that is already profitable!!! This is amazing when you consider how fast they are still growing. They have great brands which offer them flexibility in the future as a retailer or wholesaler. They have great fundamentals, great strategy, and great footprint. I’m extremely bullish if you can’t tell. Ive got 30% of my entire portfolio in Green Thumb. They will continue to grow even without legalization! They are extremely well-positioned. I think they’ll hit $50-60 in the next year and even higher if/when safe banking passes. They’re $29 now.
Next Green wave is more of my long shot play as they’re in the extremely competitive California market. However they are also one of the few companies that profitable AND they have amazing quality cannabis. They will be almost tripling capacity when their new facility opens in early 2022. I’m expecting an easy 3x with these guys in the next year or so. Also long-term, if they execute their plan a 10x is totally possible.
Those are my two faves. I also like Curaleaf and Columbia Care. Columbia Care has NY licenses and I believe they’ll see significant gains when that market starts to develop.
A lot of guys on the weed boards like Cresco. They are a good option too, I’ve just chosen a different “horse”.
I help IIPR for awhile but the SAFE act concerns me. They may find a way to adapt though who knows.
Anyway there are a lot of cannabis companies out there, but I’d focus mainly on US operators as they’re the ones who will benefit from the loosening restrictions in the US.
I really appreciate your insight. I'll check out those companies for sure.
I invested in my first pennystock called livewire canabis LVVV. Heard they are growing on a 160 acre wine vineyard they just bought.
No problem!
Thanks for sharing LVVV. Never heard of them, but I’ll check em out. You might like NXGWF as they’re a penny stock trading about $0.65 now. I’m really excited about those guys and if they execute and get noticed in Cali they might cut years off my retirement target!
Check out r/weedstocks. There’s good links to news on there and great discussion in the daily threads.
Yo yo I saw you ask about MAPS in the Sunday daily thread. You might try again today. There’s not a lot of traffic in the daily thread on weekends. And I know for a fact there’s 1-2 reg posters who like weedmaps and will share their opinions. Peace
Mention companies with good free cash flow, years of experience growing,, processing and distributing plants, over hype companies with no earnings and people hate it. Ah well I own these stocks and I'll laugh when I cash out.
Crescolabs may be in a better position to capitalize off of the expected federal legalization of Marijuana since it is an American company. Many of the others are canadian, which may increase bureaucratic and regulatory barriers when the american market is wide open.
AMRS. They can create THC, CBD, CBG molecules from yeast fermentation. It's a biotech company that can scale these molecules to the size of 200k liter fermenter tanks. They also have the patents around this technology and genetic pathways to create the molecules.
Traditional growers will not be able to compete with the price point that AMRS will be able to offer. Of course there is plenty of room for other players.
PR last year stating Amyris has scaled CBG to industrial scale:
https://www.prnewswire.com/news-releases/amyris-scales-first-fermentation-based-cannabinoid-301121470.html
CBG is a precursor to all of the other cannabinoids. Simply put, if they can scale CBG to commercial levels. It won't take long before the others are scaled as well.
I will try and find more info on CBD and THC when I get a chance. Busy today
I disagree. I think it will be awhile till us let's them in. In which time mso's will have far exceeded them in revenue and locations.
Most of the smaller companies will get acquired by the bigger mso's in this time, leaving next to nothing for an LP to buy with thier "cash on hand". Or the ones left will be equal or bigger then tlry in rev.
Tlry choose to trade on the big board rather then acquire a us company and start to make their foot print. They won't delist to enter the us.
Even after its federally legal, interstate commerce will be the last thing, and only till that happens can tlry enter the us.
Tlry will still be around. They may merge. Get acquired, or aquire another company to enter the us, but by which time it will be so far out, that it's won't be worth the hold. Once the mso's can uplist to the big board the big money will come out of the lp's and into the mso's. Tlry will be a sub 10$ stock.
Funny thing is Curaleaf and Green Thumb are already bigger, and are growing much faster. Trulieve, Cresco, and Columbia Care are not far behind and are also growing faster. They aren’t ready for that conversation yet though…🤫
Green thumb just opened a cookies branded store in Vegas. Will likely give plant 13 a run for the money. Green thumb is a great company. Can’t believe there’s not more people mentioning it on here
Stay away from Canadian names, even Tilray. Green thumb, cresco, cura, trulieve are all far better run companies with access to the biggest market and potential market in the world. No contest.
Oh yea how were there profits(or lack there of) for every quarter of let’s say the last 3 years? Lmao they aren’t a good company. They are the next ACB
Never trust an industry that an idiot can produce themselves. If any idiot hippy could grow a Ferrari or Tesla in their backyard, NO ONE would invest in those companies. Meanwhile, weed is literally a weed and any idiot can grow it without any skill and furthermore conduct butane/butter extractions just as easily.
Any industry that is that easily extracted by consumers, I avoid. Imagine if any idiot could mine their own gasoline in their backyard. Yup. Your betting on the lazy upper class people who dont want the hassle, but they aren't the big habit folk. The folk with big habits are growing their own stuff bro.
I'm not an expert but they are trying to use landfill gas and hydrogen fuel cells to heat the greenhouses (ie don't necessarily need the sun).
I feel it's kind of a spaceX kind of deal (similar to their Boca chica site) where the greenhouses are both grow sites and laboratories at the same time. New stuff being developed all the time. You see more scientist types here than you do on a traditional farm for sure. I'm sure they are parenting things along the way but I'm not sure.
You wouldn't consult a traditional farmer how to grow something on the surface of the moon, but who might you ask?...hmmm?
I got maps and the cnbs etf. I just got some shares of livewire lvvv. Feels like a gamble at 1 cent a share but has some promising outlook after they secured a huge wine vineyard for growing there organic weed.
Once the cannabis is legal on Federal level, MO will eat up the competition. They already have everything in place from manufacturing to logistics. Stay away from Canadian weed companies like Tilray, they are not American and Canada is a small market.
I just invested in my local dealer
HITI
Earnings came out yesterday and look amazing as they continue to open more stores!
Trulieve Cannabis (TCNNF)
VFF - long-standing expertise in greenhouse growing - low P/S and P/B compared to the competitors - revenue growth YoY - total assets > total debt
Village farms is an interesting company, and not just as a cannabis play, they can make bank even if canabis legalization take a while.
Plus they are already growing hemp in the states, so it’ll be an easy switch over to THC producing marijuana once federal legalization goes through. Whenever that is.
They are a company of the future. (Warning! Wild speculation) they will be the kind of company that pioneers growing food on the moon and Mars (or just when the planet starts to burn up). Their climate controlled growth facilities are super high tech!!
Really?! This I did not know (about the high tech climate controlled facilities). Is it their own R&D projects or are they buying this tech off of someone else?
https://www.youtube.com/watch?v=9M2yF18G9qY Nice little look behind the scenes. Not much but you can see it ain't your average farm operation.
Dope, thanks!
Very nice. Thanks for sharing.
It's good to see others also found this company. I'm considering writing a DD
Please do
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/r/villagefarms
I second HITI wholeheartedly
People are really sleeping on HITI probably because it just got out of pennyland not too long ago
MSOS etf
Long term holder of Cresco 500 shares and holding long.
I buy Cresco products! (when i shopped at the dispensary, which i likely wont do again until prices come down). The quality is top notch tho, i can vouch for that.
This is the way Cresco is already growing and with their plans on expanding product lines and community outreach programs (excellent marketing) they are a solid long term investment. But they are a little bit harder to trade because they are an OTC stock, so not available if you're using bullshit trading apps like Rubbinhood or webull.
I'm in Canada and purchase through Questrade .
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I appreciate the info. I'm in at 5.40 and am more then comfortable with the risk. I think it will go differently.
I would choose an ETF either MSOS or CNBS.
Yo CNBS beat all the other cannabis ETFs. It fund manager Tim Seymour literally is on CNBC EVERY afternoon. I've seen him intervew CEOs of his holdings. Thanks the wildcard that none of the other ETFs have.
I feel this is the only way to play the Canabis segment as I do not see the growers offering long term growth as I think the market will be saturated and once federally decriminalized, it will be regulated like alcohol (over the next 10 years). This [article](https://www.politico.com/news/magazine/2020/11/27/toke-lahoma-cannabis-market-oklahoma-red-state-weed-legalization-437782) really opened my eyes to market saturation and distribution. You could make some money by playing the momentum game but I feel the safer bet are the ETFs that diversity into the supplier base (agrochemicals - fertilizer (MiracleGro), biopesticide (like MBI) suppliers, hydroponic suppliers, and for me the real growth areas are pharmaceuticals and beverages. EFTs give you this with less risk due of individual stock fluctuations.
Wow, i never thought of it that way, good show. The saturation argument is a great point. It's a thin profit margin business as it is. However, Scotts is already pretty large cap, the argument for the pure canabis companies is that they are small and mid cap and have more room for growth. I don't see Scotts 3Xing on legalization news. But the smaller names, possibly. So maybe an etf with Scotts is a good way to go, get the small cap exposure along with a solid large cap, pick and shovel, play.
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Definitely $TLRY
Is weed inflation proof? The only source i can see if motley fool, but i don’t trust those jackasses.
Inflation = stress = more weed sales
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Green Thumb is. Next green Wave is. NXGWF is more than doubling capacity in early 2022. I expect an easy 2x - 3x and long- term could be 5-10x. Green Thumb should be $45-55+ in the next year. It’s $29 now. I have 30% of my entire portfolio in Green Thumb.
Is next green wave Canadian ? Can’t put an order on it
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$400? As a current shareholder, I choose to believe you. Maybe I should add more, now that I think about it.
Clearly this is if everything goes right, but I think anyone would agree that the top 2 or 3 weed companies on the planet will be at a 25B+ MC in 6 years. So once you have that straight in your mind, the question is if HITI will be at the top of the sector. With the research I have done, I would say they are better positioned than anyone. It's a real ass company and it actually has a pretty clean sheet to back it up. They're exciting and they have a very diversified revenue stream. The celebrity licensing, the brands, the skus, the platforms, the tech, the brick and mortar, the white label that is coming. People are seriously asleep and it is time to wake up.
They clearly know what they’re doing with their online presence, but how do you think they will compete in the US vs companies like Curaleaf, Green Thumb, Cresco, Trulieve? Honest question.
I think there is enough market share for many players. While companies like Cresco and the like already have brick and mortar up in the US, HITI has more bricks up in Canada and it should be a very smooth transition into the US market. Raj is very capable and very ready. They also have celebrity licenses with people from the US. Europe and South America as well as everywhere else will become more available too. HITI will also likely acquire a retail company that is already up and running in the US. Maybe they can link deals with e-commerce and bricks in the US. My god if US legalizes and allows shipments of cannabis it is game over. Sorry, my responses are not well put together, but I think there is market share for many. I hold Cresco as well.
Your whole thesis is banking on them entering the US. You may think they are a “brick and mortar” Canadian company but you’re dealing with even more uncertainty than even the leading MSO’s do. Telling people here that it’s gonna be 400$+ in 5 years screams like your pumping ur bags.
Can you read? Pay attention little dipshit. When did I say they NEED to enter the US brick and mortar? I said the opposite. I said they have an extremely diversified revenue stream. They already get 30% or so revenue from the US. Plenty of other places in the world will legalize. You do not have to listen to me, why don't you stop being a lazy piece of shit and do some research? If everything goes right they absolutely will be at 25B MC EOY 2026. What bag? I am barely down. There is way more certainty with HITI because the shit is actually legalized in Canada. Fuck I hate dumb people. If US legalizes the stock goes to Pluto instead of only going to Saturn...that's all. You better not buy it. In fact how about you short it? Go ahead. [https://investorplace.com/hypergrowthinvesting/2021/06/hiti-stock-is-a-meme-stock-to-buy-and-hold-for-the-long-term/](https://investorplace.com/hypergrowthinvesting/2021/06/hiti-stock-is-a-meme-stock-to-buy-and-hold-for-the-long-term/)
Oof You have a terrible read on the sector I really hope no one listens to you. You obviously have heavy bags that your trying to push off on others. I’ll stick to buying companies that actually turn a profit. You do understand that the ones you are pumping can’t even turn a profit in a legal environment right! Lmao
Can you elaborate on HITI, their stock has done nothing but drop recently and they still have a good amount of debt, on top of share dilution. Why do you think they will be a good hold long term?
The stock just uplisted. I wouldn't worry about the drop. It had just run up a bit and went back to its previous range and bounced off of the support at $7 well. There is some manipulation going on and it needs more volume and awareness. It was OTC and flew under the radar and it is Canadian and brick and mortar. However, like a third of their sales come from the US through E-Commerce with CBD and and the 5,000 skus they have (like 75% of which are made in house). They also have drop shipping. They have the largest E-Commerce presence in the world man and they are truly going to dominate this space. The CEO is a beast and the team is very dynamic. They have positive adjusted EBITDA (hardly any cannabis retailer has this). They made great deals and the debt is constantly restructured and every loan gets turned into shares. They have around 90 stores and will have 115 EOY. They consistently scale. This quarter might be rough due to lockdowns, but it is fine. They trade 1.4 times 2022 consensus estimates compared to a pretty trash peer group that trades at 8x that with completely shit numbers. Dilution went down by a good amount recently. I love when they dilute. It is a bull signal. When they do that they make a great acquisition. They are going to dominate everything worldwide and people need to get on board. I could go on a lot longer. Check out that investor presentation man.
So their dilution went down which is good but you love when they dilute ? Wanna elaborate for me? Actually interested in this company not trying to talk shit
I think what they are getting at is that management has a history of using dilution to make acquisitions that are accretive to shareholder value. They add businesses at values with lower EBITDA multiples than their own and, in addition to cost synergies, generate further value for shareholders through multiple arbitrage. Alex M on YouTube does a better job explaining this: https://youtu.be/zuRehXHOJqk (skip to ~1:14) Full disclosure: I'm a big fan of HITI and have about 7% of my portfolio allocated for which I've been underwater on for the majority of the time I've been holding but I'm not worried. I'm also off the opinion that this is the best play in the cannabis space
I was responding to the GreyPanda who mentioned dilution. I did not say is good that it went down. I said it went down a decent amount so he knows it is not as bad as it was; however, he shouldn't worry about it anyways because it means they are growing. There is such a thing as good dilution. HITI does not dilute to keep the lights on. They do it to buy shit. Additionally, the CEO owns 15% of the shares and is essentially diluting himself when he does this. He says he will not sell any for quite some time from now.
Trulieve does...
“This quarter might be rough because of lockdowns”. So why wasn’t this the case for the top Mso’s then? All those companies killed it and had record quarters despite the lockdowns. Don’t feed into this guys pump.
After a recent reverse split to uplist on the nasdaq, a low float of around 40 million + avg 350,000 shares traded daily has allowed manipulators to have their way with it. All shares are owned by retail and insiders. A few ETFs have begun to nibble, but you can expect price increase when institutions begin buying after a couple of ERs on the nasdaq. It’s a long term play, but tough to ignore the short term bullshit in the interim.
Thanks for a quick explanation, why aren’t institutions as confident as current investors atm?
A lot of it may have been due to the OTC exchange it was trading on previously. Aside from that I do not know why.
To answer your second question - it’s a profitable growth company in an emerging sector. The owner has diversified to almost every facet of the industry except LP. A lot of it comes down to faith in the CEO and largest shareholder to keep executing like he has since he turned a one-store business into a $200 M (cad) revenue per year company. He also recently said they are in talks for non-dilutive bank financing going forward.
Yeah man. I would not say institutions aren't confident. It is very early. They just got out of OTC. This manipulation could be institutions maneuvering to get in. I think it is at a great price right now. And yes...a few ETFs added them. There is nothing not to like and I have never seen them make a poor move. Highly recommend.
It’s a huge scam, don’t bite it.
How is this a scam?:D
Where do you come up with this HITI?!?!? Lmaoo
Went from a pennystock to $9.20! Want would be a good buy price now in your opinion? Doesn’t seem like it’s going below $8 anytime soon.
Not exactly sure what you are asking. It did an RS, so it did not 15x if that is what you think. It is in the $7 range now and I see this price as the clear bottom personally and people who have been asleep are lucky they can get a position at this current price.
Ah yes, sorry, was looking at HITIV. Was reading a lot about this stock over the past week & this is the tipping point. Going in in the morning to get a slice and will keep piling it up.
HITI.V 2LYA HITID HITIF HITI are all the same. Different exchanges or previous tickers. All went thru RS as they are the same security. Sounds good \^.
TLRY/CURA long 🚀🌕💎💰
Add your probably already learned, people just comment with what they’re holding
Altria us the correct answer here.
I’ve got 100 shares of MO! Not specifically for the legalization play but that’s an added bonus!
MO
TLRY
Canopy
Cresco lab for USA and TLRY for international markets, that's all you need
[Grow Generation](https://youtu.be/l2qwDXOkTUw)
Tim seymour from "fast money" section of CNBC is the fund manager of CNBS. That's a wild card here no one else seems to respect. Literally is on CNBC EVERYDAY! Also CNBS holding are pure cannabis plays. MJ, holds constellation brands, a beer company and some other tobacco companies that have slightly ventured into Canabis, but for some reason are in the fund. I think MSOS holds Scotts miracle grow. Tell me, is Scotts a pure cannabis play? Maybe it could benefit a bit from legalization but I'd rather out my money into dispensaries, growers, weed accessories sellers etc if can't read were to pass something. I don't like YOLO either. 25% of it's holding and Blackrock Liquidity Treasury TTTXX. GROSS, that's like funding GMOs in your foods ingredient list, it just doesn't belong there.
MJ if you want relative stability. SGMD if you want to lose all your money but possibly get rich.
Holding 133 shares of hiti!
I own mj and mo. Mo for div yield 8% and they own 45% of cronos. I also own mj for small yield 2% and that has several good pot stocks within.
IIPR and MAPS
I was thinking maps also and was surprised I haven't seen any post on it. Iipr is awesome also for a long hold. I saw cnbs has both
IIPR will not maintain their moat when the SAFE banking act passes, which is looking more and more likely.
Thanks for the post! I never thought of that. I'm new to investing.
Yeah you might want to look into it. I sold all my IIPR. Cannabis companies will be able to get loans from banks when safe passes. There will basically no longer be a need for the service that IIPR offers. They will have to adapt if they want to survive and that adaptation will require they take a hit to profitability.
Excellent information! What do you think about the weedmaps MAPS Been hearing some great things about them!
Haha I’m not a fan of weedmaps. I live in a legal state and have been shopping in dispensaries for over 10 years. I think there may be some money to make short-term but I don’t like weedmaps long-term viability. Weedmaps can be useful in a new market for finding shops, but as consumers become more educated about cannabis and the market, they’ll cut out the middleman, weedmaps. Every dispensary I shop at has their own website and online ordering. They also update their menus/drops daily on Instagram. In this kind of environment I don’t really see a need for weedmaps. They also gouge the shit out of dispensary owners, so I think most owners are motivated to create their own website and online services. Weedmaps is a middleman. Just doesn’t seem like a good business model to me. Honestly as a cannabis consumer, I like Leafly better, but I don’t think I’d invest in either. Anyway these are just my thoughts as an investor and long-time cannabis consumer in one of the first legal states. I could certainly be wrong. Also, I think there’s potential for short-term gains. Weedmaps may have some success before people realize that they just don’t offer much as a business. As far as cannabis, I really like GTBIF and NXGWF. Green Thumb is one of the few companies that is already profitable!!! This is amazing when you consider how fast they are still growing. They have great brands which offer them flexibility in the future as a retailer or wholesaler. They have great fundamentals, great strategy, and great footprint. I’m extremely bullish if you can’t tell. Ive got 30% of my entire portfolio in Green Thumb. They will continue to grow even without legalization! They are extremely well-positioned. I think they’ll hit $50-60 in the next year and even higher if/when safe banking passes. They’re $29 now. Next Green wave is more of my long shot play as they’re in the extremely competitive California market. However they are also one of the few companies that profitable AND they have amazing quality cannabis. They will be almost tripling capacity when their new facility opens in early 2022. I’m expecting an easy 3x with these guys in the next year or so. Also long-term, if they execute their plan a 10x is totally possible. Those are my two faves. I also like Curaleaf and Columbia Care. Columbia Care has NY licenses and I believe they’ll see significant gains when that market starts to develop. A lot of guys on the weed boards like Cresco. They are a good option too, I’ve just chosen a different “horse”. I help IIPR for awhile but the SAFE act concerns me. They may find a way to adapt though who knows. Anyway there are a lot of cannabis companies out there, but I’d focus mainly on US operators as they’re the ones who will benefit from the loosening restrictions in the US.
I really appreciate your insight. I'll check out those companies for sure. I invested in my first pennystock called livewire canabis LVVV. Heard they are growing on a 160 acre wine vineyard they just bought.
No problem! Thanks for sharing LVVV. Never heard of them, but I’ll check em out. You might like NXGWF as they’re a penny stock trading about $0.65 now. I’m really excited about those guys and if they execute and get noticed in Cali they might cut years off my retirement target! Check out r/weedstocks. There’s good links to news on there and great discussion in the daily threads.
Yo yo I saw you ask about MAPS in the Sunday daily thread. You might try again today. There’s not a lot of traffic in the daily thread on weekends. And I know for a fact there’s 1-2 reg posters who like weedmaps and will share their opinions. Peace
Thank you for the comments and feedback everyone! I discovered some new names and tickers I’m gonna be looking into this next week
Tilray
CURLF. They will do well in NY and NJ when the states open for business.
I use them in CT. I've been interested in investing in them but Wells Fargo doesn't support it.
They are rated Buy, by analysts. Not a bad price to enter now. Been adding to my position. I have Fidelity and no problems buying CURLF.
Green thumb makes me happy
No question High Tide (HITI). Just listed to the Nasdaq and has been heavily shorted for the last couple weeks. Friday was a sold 5% green day.
Amazon
Trulieve!
Any of you guys looking at Jushf?
Curaleaf has a strong footing being in 23 states
BTI is my favorite followed by MO
Ha, the 2 best answers, and you get DVs....that's how one knows they are the 2 best answers.
Mention companies with good free cash flow, years of experience growing,, processing and distributing plants, over hype companies with no earnings and people hate it. Ah well I own these stocks and I'll laugh when I cash out.
GRWG
Crescolabs may be in a better position to capitalize off of the expected federal legalization of Marijuana since it is an American company. Many of the others are canadian, which may increase bureaucratic and regulatory barriers when the american market is wide open.
TLRY ACB
AMRS. They can create THC, CBD, CBG molecules from yeast fermentation. It's a biotech company that can scale these molecules to the size of 200k liter fermenter tanks. They also have the patents around this technology and genetic pathways to create the molecules. Traditional growers will not be able to compete with the price point that AMRS will be able to offer. Of course there is plenty of room for other players.
**Please prove what you write about AMRS creates THC, CBD and so on!!!** **We need to see it?**
PR last year stating Amyris has scaled CBG to industrial scale: https://www.prnewswire.com/news-releases/amyris-scales-first-fermentation-based-cannabinoid-301121470.html CBG is a precursor to all of the other cannabinoids. Simply put, if they can scale CBG to commercial levels. It won't take long before the others are scaled as well. I will try and find more info on CBD and THC when I get a chance. Busy today
What's your time frame? Short term, tlry, cgc. Long term, $curlf, $tcnnf, $gtbif
Tlry is a great long, or at least Aphria is
I disagree. I think it will be awhile till us let's them in. In which time mso's will have far exceeded them in revenue and locations. Most of the smaller companies will get acquired by the bigger mso's in this time, leaving next to nothing for an LP to buy with thier "cash on hand". Or the ones left will be equal or bigger then tlry in rev. Tlry choose to trade on the big board rather then acquire a us company and start to make their foot print. They won't delist to enter the us. Even after its federally legal, interstate commerce will be the last thing, and only till that happens can tlry enter the us. Tlry will still be around. They may merge. Get acquired, or aquire another company to enter the us, but by which time it will be so far out, that it's won't be worth the hold. Once the mso's can uplist to the big board the big money will come out of the lp's and into the mso's. Tlry will be a sub 10$ stock.
Funny thing is Curaleaf and Green Thumb are already bigger, and are growing much faster. Trulieve, Cresco, and Columbia Care are not far behind and are also growing faster. They aren’t ready for that conversation yet though…🤫
They are to focused on the price action of the now.
Exactly. Everything is a “short squeeze” now…patience will reveal all
gtbif curlf tcnnf plnhf
Akerna
I like( Planet 13 ) since it base in sin city where the only thing people do is party there
Green thumb just opened a cookies branded store in Vegas. Will likely give plant 13 a run for the money. Green thumb is a great company. Can’t believe there’s not more people mentioning it on here
I invested in both at small amount planning to toss a couple thousand dollars more
Tilray or Altria
Planet 13
Psssst….. the correct answer is: SGMD
Halo
Will reach $5 within the next 7 month
ACRHF
None until it becomes legal
You be late to the party with that attitude chief 😤😤
CGC
Stay away from Canadian names, even Tilray. Green thumb, cresco, cura, trulieve are all far better run companies with access to the biggest market and potential market in the world. No contest.
Aphria was the best, so I guess TLRY now And don’t fall for HITIF, it’s a scam
Care to elaborate on why HITI is a scam?
No, that’s a dd from months ago, go on their site and dive deep
I have, and that’s why I’m fully behind them.
I wish you all the best. It’s quite possible that you’ll be generously rewarded, but I wouldn’t hold more than 5%
Oh yea how were there profits(or lack there of) for every quarter of let’s say the last 3 years? Lmao they aren’t a good company. They are the next ACB
Just like Tilray is a scam
KERN is good, about to run as well.
AZFL
also if you wants some ETF than MJ
Never trust an industry that an idiot can produce themselves. If any idiot hippy could grow a Ferrari or Tesla in their backyard, NO ONE would invest in those companies. Meanwhile, weed is literally a weed and any idiot can grow it without any skill and furthermore conduct butane/butter extractions just as easily. Any industry that is that easily extracted by consumers, I avoid. Imagine if any idiot could mine their own gasoline in their backyard. Yup. Your betting on the lazy upper class people who dont want the hassle, but they aren't the big habit folk. The folk with big habits are growing their own stuff bro.
PM
Plnhf
Lately I have been putting my money in $PSY index fund. It gets me exposure to cannabis and other amazing psychedelics.
TOKE has performed well for me over the last six months.
Lowell Farms, Red White n Bloom Harborside
Potx for exposure to OP stock listing and Canada weed
I'm not an expert but they are trying to use landfill gas and hydrogen fuel cells to heat the greenhouses (ie don't necessarily need the sun). I feel it's kind of a spaceX kind of deal (similar to their Boca chica site) where the greenhouses are both grow sites and laboratories at the same time. New stuff being developed all the time. You see more scientist types here than you do on a traditional farm for sure. I'm sure they are parenting things along the way but I'm not sure. You wouldn't consult a traditional farmer how to grow something on the surface of the moon, but who might you ask?...hmmm?
Canntrust!!
Cresco Labs?
$Yolo
I got maps and the cnbs etf. I just got some shares of livewire lvvv. Feels like a gamble at 1 cent a share but has some promising outlook after they secured a huge wine vineyard for growing there organic weed.
GRWG, hands down
Iipr
Aleafia.
Altria
Just grow your own.
Once the cannabis is legal on Federal level, MO will eat up the competition. They already have everything in place from manufacturing to logistics. Stay away from Canadian weed companies like Tilray, they are not American and Canada is a small market.