Naaaa. If the the industry takes off, the big players will be absorbed by the bigger players for their assets and IP.... its already happening to a degree. And to be honest, I think the level of market saturation with regards to the available customer base will plateau rather fast. We're not going to have a nation full of pot-heads. Hell we're already stupid enough... look at the math and reading comprehension scores of kids out of high school. Then it'll just be "what's the latest marketing spin we can put on a new-fangled version of basically the same old thing. It'll never overtake alcohol or soft-drink sales. If it did, like I said, all the names you are seeing traded now will be long gone, gobbled up by the likes of MO, BMY, BUD, KO. The blue-chips. Think Randolph and Mortimer Duke. Open outcry weed traders on the CME. "5000 bales of April Cush"!
My instinct is telling me you are taking a more cynical view of the situation facing us. I understand your concerns, but it doesn't feel the concerns are warranted. Remember Vanz, if the fed does buckle to the pressure of legalizing THC ( Which WILL happen if we get a Dem for pres in 2020 ), Those stocks have no place to go but up for a while afterwards. That is my take on it all.
I guess you missed the original Star Trek. They got the smartphone pretty spot on. Now if the transporter comes to be,...
I'm not cynical... I just view it for what it is... its an agricultural product with an (as yet to be quantified) demand. All the counter-culture stuff means absolutely nothing. If there's a big demand, it will be commoditized and grown cheaply af. Bio-engineered strains aside... its still a weed. Its easy to grow. Or so I have been told. There's no money there Over-Night... most of these stocks will be synonymous to buying Bitcoin at $20K. Fundamentals matter in the long run. Paper tigers always and inevitably end up with broken bag-holders. If you want long term... read that PDF the one member (Nursebee) posted with the thread "TSLA 2019". https://elitetrader.com/et/threads/tsla-2019.328906/
Yes we are seeing that already with states that have rec and medical. I remember seeing somewhere that Oregon’s recent numbers are 7yrs of supply at current rate of comsumption. States should have kept outside investors out. By letting outside money come in the industry is moving away from boutique mom and pop’s like fine wine moving to Walmart boxeadux. Now if it gets de-scheduled the playing field changes dramatically.
That's funny because , that's irrational, anyway, but, i don't want to, have fun only, so maybe il be of ,,service''. Different countries + different fields + some star wars type tickers that i woudn't guess existed at all. Europe : SIE.DE ( Conglomerate ) OGZPY ( oil & gas ) VOW3 ( Automotive ) EOAN.DE ( Electric utility ) INGA.AS ( Financial services ) Asia : 2354.TW ( Electronics ) 002502.SZ ( Telecommunications equipment, Electronics ) TATAMOTORS ( Automotive ) F34.SI ( Food & Beverages ) US easy to guess and for Sauth America, i do ILF thrend following.
Honestly, i made this list from : https://en.wikipedia.org/wiki/List_of_largest_manufacturing_companies_by_revenue What does it mean, ,,dog'' ? Edit : google revealed the truth.