Marijuana Industry

Re: Marijuana Industry

Postby winston » Mon Jan 15, 2018 10:14 pm

not vested

The Exact Reasons I’ve Warned Against Investing in U.S. Marijuana Companies

by Matthew Carr

1. Horizons Marijuana Life Sciences ETF (TSX: HMMJ) – holds 20 marijuana-related companies
2. ETFMG Alternative Harvest ETF (NYSE: MJX)

In 2016, North American legal marijuana sales increased 34%. And the market is projected to grow 26% per year until 2021.

We’re talking about a potential $23 billion market by then.

The global marijuana market is expected to be worth $55 billion in a few short years.


Source: The Oxford Club

http://dailytradealert.com/2018/01/15/e ... companies/
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Re: Marijuana Industry

Postby winston » Wed Jan 31, 2018 7:58 am

vested in SMG

Marijuana industry has taken new heights in recent years

Twenty-nine states including D.C. have legalized medical marijuana and seven states including D.C. have legalized marijuana for recreational use.

Canada plans full legalization by mid-2018.

According to a recent report from Arcview Market Research legal marijuana sales will hit $22.6B by 2021, representing a 27% compounded annual growth rate.

Source: Seeking Alpha
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Re: Marijuana Industry

Postby winston » Wed Jan 31, 2018 8:05 am

The first US listed cannabis ETF (MJX) was born in December 2017, and SMG constitutes 2.29% of the fund at the time of writing.
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Re: Marijuana Industry

Postby winston » Tue Feb 12, 2019 5:31 pm

Investing in Cannabis: a brief overview of a true YOLO opportunity

(TCNNF) The one I like the most is Trulieve.
https://vimeo.com/313083903


They dominate the Florida market with over 500k sq ft of grow space and soon to be 30 dispensaries. No other company dominates a region like trulieve and they are doing it in one of the most attractive marijuana markets in the world with tourism and retirees everywhere to give them their expendable income once full legalization comes into effect.

Financials are attractive.
https://www.trulieve.com/investors

The only public company in the entire industry worldwide with financials that look like an actually profitable and compelling investment.

More than that is their philosophy of business. They don’t make massive acquisitions.

Their 4 million dollar investment in Massachusetts (100k sq ft cultivation license + 3 dispensaries I believe) can easily turn into 4 million a quarter in roughly a year.

This is good for shareholders which btw is majority insider controlled and locked up until July link. Right now fully diluted the company is valued around 1B in market cap. Compared to peers this is a steal. Canopy saw 10B and this company had better revs last reported quarter in 2018 (annual report due on April 30) not to mention strong profits and all the other important metrics that put its peers to shame.

Compared to canopy’s valuation you can see why I’m so excited about this opportunity.


(GTBIF) The next one I like is Green Thumb Industries.
https://investors.gtigrows.com/investor ... fault.aspx

This one has been making acquisitions that have been massive but they aren’t stupid moves unlike some of its peers (medmen) who have spent egregious amounts on unestablished license holders.

They bought a company that afterwards won a very unique and competitive license in West Hollywood.

They also won a very competitive and valuable license in New Jersey.


(CURLF) I don’t like Curaleaf because of overvaluation (mc around 2.5B) but it’s probably wise to pick up a piece of these guys when the opportunity arises.

(Acrgf) Acreage has made some dumbfounding decisions that include millions of dollars of investment in the state of Iowa which has only legalized cbd and in general have fairly unattractive locations including Oregon and Maine.

(MMNFF) Medmen is garbage and idc to go in depth on why.

(CRLBF) Cresco labs are Chicago based and have focused their efforts in Illinois, Pennsylvania, and Ohio.


Source: Reddit

https://www.reddit.com/r/wallstreetbets ... of_a_true/
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Re: Marijuana Industry

Postby winston » Wed Jun 05, 2019 10:12 am

ETFMG Alternative Harvest ETF (MJ)

ETFMG Alternative Harvest ETF is a passively-managed ETF with market cap of approximately USD 1.01 billion and expense ratio of 0.75%.

MJ is the first US-listed ETF to offer exposure to legal cultivation, production, marketing or distribution of cannabis products, for either medical or nonmedical purposes.

In October of 2018, Canada legalized cannabis for adult recreational use. In addition to Canada, about 10 U.S. state s have legalized cannabis for recreational use while almost half the states approved cannabis for medicinal but not recreational uses.

According to the BDS Analytics, global spending on global cannabis products may surge 40% in 2019 with estimated 18.1 billion.

Estimated global sales should reach $32 billion by 2022 from $12.9 billion in 2018, which is a 25.5% compound annual growth rate.

Due to the loosened rules and regulations, the US will become the major driving force for the growth of legal cannabis industry, followed by Canada.

Increasing adoption of legalized cannabis in various products particularly medical and recreational use would further expand the cannabis industry.

Therefore, investors can access the growth opportunity through MJ ETF. Suggested to buy at $32.49, target price $38.35, cut loss if drop below $30.68.

Source: Phillips
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Re: Marijuana Industry

Postby behappyalways » Mon Oct 05, 2020 12:22 pm

2020.10.03【文茜世界周報】美發動新鴉片戰爭 最大毒梟竟是自家「普度製藥」
https://www.youtube.com/watch?v=Nrg0_63znnc
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Re: Marijuana Industry

Postby winston » Thu Nov 05, 2020 8:31 am

Cannabis legalization went five for five.

Five states had legalization initiatives on the ballot and all passed.

This sent U.S. cannabis stocks higher on the possibility that it could add $9 billion to the booming industry.

Source: Money Wire
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Commodities - General News 04 (May 18 - Dec 23)

Postby behappyalways » Mon Nov 21, 2022 10:18 am

New York Farmers Have Nowhere To Sell $750 Million Worth Of Cannabis
https://www.zerohedge.com/markets/new-y ... n-cannabis
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Re: Marijuana Industry

Postby winston » Sun Sep 03, 2023 7:30 pm

by behappyalways:-

Marijuana Is the Sixth Biggest Cash Crop In The US

https://www.zerohedge.com/medical/marij ... sh-crop-us
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Re: Marijuana Industry

Postby behappyalways » Wed Nov 22, 2023 12:06 pm

Up In Smoke: California's Largest Pot Distributor Collapses Amid $17 Million In Unpaid Taxes
https://www.zerohedge.com/commodities/s ... paid-taxes
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