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RATeamWannabe
US Marine Corps Fan
Baton Rouge
Member since Sep 2009
24692 posts

re: 10 Best Marijuana Stocks to Buy for 2021
I bought some last week or two and rode it down, should have tried to DCA a bit, glad to see it finally moving up


TexasTiger34
LSU Fan
Austin, Kind of
Member since Mar 2008
11233 posts

re: 10 Best Marijuana Stocks to Buy for 2021
i'm trying YOLO on for size as of yesterday


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METAL
Member since Nov 2020
195 posts
 Online 

re: 10 Best Marijuana Stocks to Buy for 2021
Wonder where it'll settle out at?


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TDsngumbo
USA Fan
Alpha Silverfox
Member since Oct 2011
28007 posts

re: 10 Best Marijuana Stocks to Buy for 2021
quote:

weedmaps is going public soon with a SPAC merger

Any new info on this?


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
25330 posts
 Online 

re: 10 Best Marijuana Stocks to Buy for 2021
nothing since the announcement
Ticker is SSPK


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
25330 posts
 Online 

re: 10 Best Marijuana Stocks to Buy for 2021
TLRY still running...
i'm up 100% on a small buy, should have bought more


Fox McCloud
Member since Oct 2020
1421 posts

re: 10 Best Marijuana Stocks to Buy for 2021
Nxttf turning bullish


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lsusaint86
Nicholls St. Fan
Thibodaux
Member since Nov 2009
137 posts

re: 10 Best Marijuana Stocks to Buy for 2021
ACB


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xxTIMMYxx
Member since Aug 2019
5142 posts

re: 10 Best Marijuana Stocks to Buy for 2021
yea i got on the TLRY train yesterday.


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
25330 posts
 Online 

re: 10 Best Marijuana Stocks to Buy for 2021
quote:

GrowGeneration (GRWG +7.9%) reported Q4 revenue of $61.5M vs. consensus of $59.9M, and an increase of 142% versus $25.4M for 2019. For full year, company expects revenue of $192M vs. consensus of $191.4M, and an increase of 140% versus $80M for 2019. Same-store sales up 58% for fourth quarter 2020 versus fourth quarter 2019 and up 63% for full-year 2020 versus full-year 2019. During 2020, the company opened and acquired 14 new store locations, increasing total locations nationwide to 39. FY2021 guidance: revenue raised to $335M-350M from previous $280-$300M vs. consensus of $310.4M; adjusted EBITDA of $38M-40M from previous $34-$36M and increased the number of projected GrowGen store locations to 55.


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USA
Member since 2001
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Landmass
Ole Miss Fan
Covid Free Zone
Member since Jun 2013
9162 posts

re: 10 Best Marijuana Stocks to Buy for 2021
Screw pot stocks. I tried that before and failed. I think the market needs to shake off a little more dust before I try again.


thotpocket
LSU Fan
San Clemente, CA
Member since Sep 2017
1598 posts

re: 10 Best Marijuana Stocks to Buy for 2021
TLRY and ACB have been pretty good to me over the past week.


cuyahoga tiger
LSU Fan
NE Ohio via Tangipahoa
Member since Nov 2011
4961 posts

re: 10 Best Marijuana Stocks to Buy for 2021
one more time baws.....SMG


BZ504
LSU Fan
Texas
Member since Oct 2005
3761 posts
 Online 

re: 10 Best Marijuana Stocks to Buy for 2021
Bought into TLRY from 1-6 to 1-11. It hasn’t disappointed.


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Ballstein32
Auburn Fan
Member since May 2020
135 posts

re: 10 Best Marijuana Stocks to Buy for 2021
You should maybe rethink that given lots of bipartisan support for legalization. Still some hurdles to cross, but I think its coming sooner than you'd think.

And now historically red states (South Dakota and Montana) have legalized it completely and states like Mississippi and Utah have legalized medicinal Marijuana.

Its coming whether you like it or not.


Landmass
Ole Miss Fan
Covid Free Zone
Member since Jun 2013
9162 posts

re: 10 Best Marijuana Stocks to Buy for 2021
quote:

You should maybe rethink that given lots of bipartisan support for legalization.


This doesn't matter. What does matter is the number of starups eating each other and an oversaturation of the market AT THIS POINT. Like I said, the dust needs to settle a bit and then we can see what is viable. Most pot companies have years of debt ahead of them.

That being said, I do have money in TRTC (Mistake but holding anyway). ACB was supposed to be the big pretty one and so far nothing has panned out with them.

Like everything else, I'm pretty sure I am wrong on all of this.


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
25330 posts
 Online 

re: 10 Best Marijuana Stocks to Buy for 2021
quote:

one more time baws.....SMG

yes
and SMG pays a dividend
quote:

2021-01-11 13:56:00 GMT DJ Scotts Miracle-Gro Price Target Raised to $274.00/Share From $224.00 by Raymond James
This post was edited on 1/13 at 2:11 pm


Ballstein32
Auburn Fan
Member since May 2020
135 posts

re: 10 Best Marijuana Stocks to Buy for 2021
Maybe, but I think with support on both sides gaining traction we will see legalization on the federal level soon and that will be huge for pot stocks

But you're definitely right about oversaturation of the market and companies eating each other up.

I guess what I'm trying to say is (obviously) do your DD and if you enter make sure its one (or more) that are well equipped to handle it.

That's why I'm high (no pun intended) on Cresco and Curaleaf. I think those 2 will be major players in the US market. As well as stocks like SMG and GRWG.


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
25330 posts
 Online 

re: 10 Best Marijuana Stocks to Buy for 2021


Ballstein32
Auburn Fan
Member since May 2020
135 posts

re: 10 Best Marijuana Stocks to Buy for 2021
Hoping they'll buy Cresco or Curaleaf eventually. Lol


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