I'm confused. WTF is going on? For some reason Youtube algo is pushing pot stocks left and right all of a sudden. That bubble already popped and I thought it was still in the crash & burn phase... or are we going for round II now?
It's because of the legalization bill running through congress now. Just wait until the bill is signed into law (if it is)...Those pot stocks are going to spike even further.
You think the Boomers who grew up watch Reefer Madness are going to legalize marijuana? That seems like a bad bet.
that plus big pharma lobbying heavily against legalization...gotta keep them pill sales high. so i do have my doubts but it is possible i suppose.
Marijuana stocks have offered the allure of bridging the gap between recreational opioid use and professional medical care for Pain Management patients. The problem is the need for recreational opioid use for young people (20-50 years of age) is much stronger than for geriatrics, who have genuine pain management problems. in other words, young people shape the arguments for legalization, with nary an input from a geriatric. Here's a thought: once a patient reaches 70 years of age, why not give him (or her) a script for 10 Percocets/month. An "Age-filter", just like buying 6 cans of beer. And a geriatric, with the benefit of years of wisdom, will be unlikely to try very aggressive trading maneuvers while under the influence of an opioid. Who could have ever thought of a solution that is so simple? Not our elected officials, that's for sure.
i have traded all these pot stonks back in 2017 - 2020 and made money. my signal and scanning brought me back to them again in 2022. i have already made money trading them 3/25/22. let see if i can continue in the coming days, weeks etc.