re: Let’s talk weed stocks in this thread

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I haven't decided to invest in LVVV or not. I'm just afraid the market is over-saturated in California right now and LVVV's price is propped up by the "hope" they will someday be the one who can sell. Can anyone with more knowledge into the company like TigrDad address any of these concerns?

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Keep in mind that LVVV's main revenue source for the next couple years will be clone sales. There is less competition in that area. While they do have products in stores through Sacred Biology and Alpha Creations (oils, muscle rubs, edibles, etc.), that is a relatively minor source of revenue right now. Selling clones to growers will be the big revenue generator.

I think it’s a given that the stock will make decent runs again when the uplisting happens and after the Jan. 18 news. The only question is do you sell the news and just take profits or hold long? It will go up, but will it go back down so you can buy back in? Or will this be the start of a consistent run upwards?