What Did You Buy Today?

[divmenow]

(02-10-2021, 09:40 PM)crimsonghost747 Wrote:

(02-10-2021, 12:47 PM)divmenow Wrote: Just curious how many here have cannabis stocks? And which do you own?

Only the magnificent IIPR!

I also dabbled in HRVOF due to your recommendation (thanks again!) but sold already.

There is certainly potential in cannabis products but the competition seems to be extremely high and of course 99% of the companies are just not mature enough for me to really invest in them. I don't really have a good strategy for picking growth stocks and they are only a tiny part of my portfolio. (since dividend income is the main thing for me)

IIPR has been a beast  

And I didn't even know you were in on HRVOF. Nice hope you didn't sell too soon  . They have some very positive news yesterday with expansion in Asia. It may be a cheap stock but I believe they are headed for much bigger things. I can see this going to $3-$ over the next several years. And they did grow revenues by 31% in the last quarter. 


I am heavily invested in the cannabis sector but I did trim lots yesterday on the big runups. But I do hold a lot of the Canadian Cannabis stocks because they are way less volatile and are and trade on the OTC. These are my long term holds and will hold for future. I have done extensive research and all these companies and each will be positive green in late 2021 or eastly 2022. So they are some good ones. You just have to find them and eliminate the ones who have like 2 products or no distribution. But the ones who have stores and are expanding their brand on-line and in store are the ones who have a great future.

The companies that are well positioned are CURLF, JUSHF (my fav) CRLBF, GRWG, GTBIF and VFF (But too high to add now)

Now fenders will be excited he has new tickers to look up