Investing General Discussion

Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
41,501
107,559
Wait until its legalized and PM and MO instantly spend some cash and own 99% of the US market. You know they are just waiting for the legalization to make the move. And they crush all these little guys. It would take them seconds to convert existing tobacco fields to pot.
 
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Kiroy

Kiroy

Marine Biologist
<Bronze Donator>
34,645
99,997
Sanrith Descartes said:
Wait until its legalized and PM and MO instantly spend some cash and own 99% of the US market. You know they are just waiting for the legalization to make the move. And they crush all these little guys. It would take them seconds to convert existing tobacco fields to pot.
Click to expand...

this - who do you think will be writing the laws and regulations when it gets federally legalized. Very very high chance the little guys are going to get completely curbed stomped with distribution and accounting regulations, ect
 
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Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
44,679
93,389
Jysin said:
SNDL trying for $3.

Serious FOMO.
Click to expand...
Having sold at $1.16...

1602783941962-gif.311734
 
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Arden

Arden

Blackwing Lair Raider
2,648
1,941
Sold SNDL at 2.95. Guess I don't have diamond hands. Bought in a dollar last week though, so won't be too upset if it keeps going up.
 
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Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
41,501
107,559
Kiroy said:
this - who do you think will be writing the laws and regulations when it gets federally legalized. Very very high chance the little guys are going to get completely curbed stomped with distribution and accounting regulations, ect
Click to expand...
Hes Right GIF by moodman
 
Dr.Retarded

Dr.Retarded

<Silver Donator>
8,423
21,686
Pitched 900 at 2.90, bought at .82. hanging on to 100 just to see what happens. Not a huge win, but it'll pay for some optics.
 
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brekk

brekk

Dancing Dino Superstar
<Bronze Donator>
2,191
1,746
bought mine at .85 sold most of it at 1.35, held 25% until now, sold at 2.93.

Can't complain.

:emoji_dollar::emoji_clap::emoji_dollar: #paperhands
 
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Ravishing

Ravishing

Uninspiring Title
<Bronze Donator>
8,452
3,577
sold SNDL and the TLRY I bought this morning.
was up 11% on TLRY and SNDL was up like 165% or something since I bought it.
 
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TheBeagle

TheBeagle

JunkiesNetwork Donor
8,499
29,285
What you guys are missing on weed is that the kids won't be buying packs of smokes at the convenience store. They will be getting all the latest dabs, shatters, edibles, and vapes. And they will want to do it in a dispensary filled with all things weed. Those old boomer companies won't have the same advantages they had with cigs.
 
Dr.Retarded

Dr.Retarded

<Silver Donator>
8,423
21,686
What are your guys thoughts on $AUTL

Autolus Therapeutics plc, a clinical-stage biopharmaceutical company, develops T cell therapies for the treatment of hematological malignancies and solid tumors.

Guess they just made their initial public offering the other day.
 
Hateyou

Hateyou

Not Great, Not Terrible
<Bronze Donator>
16,313
42,409
TheBeagle said:
What you guys are missing on weed is that the kids won't be buying packs of smokes at the convenience store. They will be getting all the latest dabs, shatters, edibles, and vapes. And they will want to do it in a dispensary filled with all things weed. Those old boomer companies won't have the same advantages they had with cigs.
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I imagine the boomer companies would just buy up all the little guys no?
 
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swayze22

swayze22

Elite
<Bronze Donator>
1,211
1,091
TheBeagle said:
What you guys are missing on weed is that the kids won't be buying packs of smokes at the convenience store. They will be getting all the latest dabs, shatters, edibles, and vapes. And they will want to do it in a dispensary filled with all things weed. Those old boomer companies won't have the same advantages they had with cigs.
Click to expand...

$MO has been ready for weed for 20years. Very familiar with the company.

first result on google:
www.virginiamercury.com

Altria joins lobbying effort on marijuana legalization in Virginia • Virginia Mercury

Henrico-based tobacco giant Altria has registered to lobby on marijuana legalization in Virginia — a first for the company at the state or federal level, according to a cannabis industry trade publication. A disclosure filed with the state last month says the company retained Williams Mullen’s...
www.virginiamercury.com www.virginiamercury.com
www.forbes.com

How Tobacco Giant Altria Is Becoming A Cannabis Company

Altria, one of the world's biggest tobacco companies, is using acquisitions, intellectual property, and lobbying to grow its foothold in the cannabis industry.
www.forbes.com www.forbes.com
 
Fogel

Fogel

Mr. Poopybutthole
12,196
45,495
Dr.Retarded said:
What are your guys thoughts on $AUTL

Autolus Therapeutics plc, a clinical-stage biopharmaceutical company, develops T cell therapies for the treatment of hematological malignancies and solid tumors.

Guess they just made their initial public offering the other day.
Click to expand...

Bio stocks are weird, they usually won't do much until news about one of their FDA trials hits/leaks and then its to the moon if they get approved. You can guess what happens if its denied.
 
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Dr.Retarded

Dr.Retarded

<Silver Donator>
8,423
21,686
Fogel said:
Bio stocks are weird, they usually won't do much until news about one of their FDA trials hits/leaks and then its to the moon if they get approved. You can guess what happens if its denied.
Click to expand...
Looks like it's currently at the initial offering if 7 right now. Just wondering if it's worth picking up a small batch. Just trying to find more information on them. Are there particular websites you use Fogel Fogel or any of you experienced guys to get information efficiently?
 
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