What is the hype on the marijuana stocks?
Many believe that the stocks on marijuana could give a lot of winning within the next few years.
With the legalization around the corner that could very well be.
The main companies in the spotlight are as follows:
-Canopy growth
-Organigram
-Aurora
What have you guys found out? Any other company we should keep an eye on?
I think a person could make some money on it in the short term but I'm not sure about MJ stock for long term investment. I really don't pay much attention to that market but I can only image it slowly loosing steam as more places legalize it.
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Thank you for your comment. Where are you from? From what I hear Canada legislation will only allow License Producers which are the ones in the market to sell medicinal and recreational marijuana.
Some stocks are still at the dollar and some say that in 2019 once recreational is legal too these companies will go up to $20-$100/stock. That would be amazing but who knows if that would actually happen
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I live in the U.S. state of Colorado. They passed recreational and Medical back in 2012 if I recall. Anyhow, I try to watch what happens in both the U.S. and Canada.
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That's awesome, I would like to visit one day and see how the city is with legalization of both. I have no idea how it will look here in Canada. All I know is that each Province has very different regulations so who knows. A pleasure chatting with you.
Thank you
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