Investing General Discussion

Arden

Arden

Blackwing Lair Raider
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The conversation about whether little cannabis can survive once the big boys sweep in after federal legalization (theoretically), makes me wonder about big tobacco stock. I certainly believe big tobacco will have a huge role in Cann. Tobacco stocks have been dead for years because tobacco has been dead for years.

What do you guys think of investing early in a company like Altria? They are definitely moving to transition into Cann, and I can see the stock exploding upon legalization How Tobacco Giant Altria Is Becoming A Cannabis Company
 
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Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
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Arden said:
The conversation about whether little cannabis can survive once the big boys sweep in after federal legalization (theoretically), makes me wonder about big tobacco stock. I certainly believe big tobacco will have a huge role in Cann. Tobacco stocks have been dead for years because tobacco has been dead for years.

What do you guys think of investing early in a company like Altria? They are definitely moving to transition into Cann, and I can see the stock exploding upon legalization How Tobacco Giant Altria Is Becoming A Cannabis Company
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I have PM in my mom's portfolio. It is solid. The problem with MO is their exposure to the Jule fiasco. I would go with PM over MO.
 
Alex

Alex

Still a Music Elitist
14,501
7,422
Arden said:
The conversation about whether little cannabis can survive once the big boys sweep in after federal legalization (theoretically), makes me wonder about big tobacco stock. I certainly believe big tobacco will have a huge role in Cann. Tobacco stocks have been dead for years because tobacco has been dead for years.

What do you guys think of investing early in a company like Altria? They are definitely moving to transition into Cann, and I can see the stock exploding upon legalization How Tobacco Giant Altria Is Becoming A Cannabis Company
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I went in on both within the past month. There's no doubt they're going to go all in once the federal momentum is inevitable. They're the ones that are gonna be distributing to every 7 Eleven and gas station around. Their ability to move product in bulk is going to make them pretty valuable in the future.
 
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Tmac

Tmac

Adventurer
<Gold Donor>
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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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That’s in states that’s already have weed culture. The other 40 states that don’t have weed culture will be buying their joints at a gas station.
 
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TJT

TJT

Mr. Poopybutthole
<Gold Donor>
40,930
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Big Phoenix said:
SNDL $4.30 so far premarket. I am awash in regret.
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I had 3000 shares at like $0.65... sold at a dollar something.

WHY DO I HATE MONEY?

Cry Reaction GIF by SpongeBob SquarePants
 
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Jysin

Jysin

Ahn'Qiraj Raider
6,273
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Oh dear lord.. SNDL. 4.40 currently.

If I had any clue that it would be a WSB favorite the day after I sold...
 
Ravishing

Ravishing

Uninspiring Title
<Bronze Donator>
8,452
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I sold an hour before the closing yesterday, fuck.

I didn't have 20K shares or anything but still missed a few K at least.
 
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