Investing in marijuana
Who also thinks that weed or marijuana has a very bright future. I'm targeting the recreational use and offcourse the medical use.
All kinds of investors are talking about a huge increase in market value at around 2020.
For example investing in Canopy Growth Corp.
https://web.tmxmoney.com/company.php?qm_symbol=WEED
You are right! Marijuna market is fast rising market because of more and more countries are eliminating obstolances for the marijuna.
Next, at the chart for Canopy Growth Corp we see the returning to its mean, because this stock was rising too fast. But the trend for marijuana stocks is very bullish!
Thanks for your comment. I saw that happening aswell. It dropped from 10 dollars back to 8,14 dollar. I think im getting out of the trade :P
Definitely. I'm waiting for the day it gets legalised in the UK. On that day I will be setting up a farm to grow for medical purposes and produce the oil.
Thats probably the best thing to do. Trading in 'weed' stocks is kind of hard. Canopy stock dropped 2 dollars in just one month....
I think it's going to have a very bright future, especially edibles. And Canopy Growth Corp is a great investment, I know someone who had made a killing off this stock. There is also and ETF if $HMMJ on the TSX if people are interested in investing in marijuana.