Add a thread

Should I buy weed stocks?

Chat Forum Talk about topics not related to MapleStory

aerial Level 213 Scania Beginner
Thinking of buying $1000 worth of WEED, ACB, and APH tomorrow. They are the three major players in the weed industry in Canada.

Buy, hold, cash out after 2 years and pay for my last two years of school?
Posted: About a week ago Permalink
TwitterFacebook Replies: 4


tiesandbowties Level 50 Broa Assassin
i have stocks in the weed industry in the us and they don't grow as much as you would expect them to, primarily because there can never be an organic growth to the industry because legal growth is largely dependent on the federal government and its restrictions

could be different in canada but i expect the same thing
Mar 16 2017
greatbolshy Level 200 Windia F/P Arch Mage
don't invest in stocks unless ur planning to stay for the long term. 2 years isn't a very long time in the stock market, especially for something that is completely relying on politics to be able to expand their business. and they only get 1 chance per year for expansions, and even then they aren't guaranteed a shot every year.
Mar 16 2017

Become a member

Signup or login to join the conversation.