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Best marijuana stocks

Posted on 1/9/21 at 8:50 pm
Posted by CatahoulaCur
NWLA
Member since Nov 2016
338 posts
Posted on 1/9/21 at 8:50 pm
Thinking about jumping into marijuana stocks for the first time. What’s everyone’s opinions here?

Seeing a lot of good things for Cresco (CRLBF), Green Thumb (GTBIF), Planet 13 (PLNHF).

Who had the most upside? Who has the most risk? I’d looking for a good mix of risk and upside.
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 1/9/21 at 8:53 pm to
Cresco (CRLBF) and Curaleaf (CURLF).
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7445 posts
Posted on 1/9/21 at 9:06 pm to
MJ, marijuana ETF
Posted by whitefoot
Franklin, TN
Member since Aug 2006
11181 posts
Posted on 1/9/21 at 9:45 pm to
I've got some GRWG that's done well. It's had a nice run lately, so it might be a little expensive right now. GRWG sells supplies and equipment for growers, so they're not quite as dependent on legislation as the actual producers are.
Posted by misterc
Louisiana
Member since Sep 2014
700 posts
Posted on 1/9/21 at 10:00 pm to
I piled into MSOS Once I saw that joe was getting in. It’s up 42ish percent but I think it will continue to run once people realize that this is a pure US play. I’m holding until the legalization is imminent. Then may sell/reduce depending on valuation. It holds some of the names you mentioned.
Posted by misterc
Louisiana
Member since Sep 2014
700 posts
Posted on 1/9/21 at 10:04 pm to
Also I aped into VFF like a degen around the same time. Up over 100 percent in less than 2 months. I sold most but did keep a position as I feel it could keep running.
Posted by JetsCoach
Bossier City
Member since Dec 2017
769 posts
Posted on 1/10/21 at 3:11 pm to
In the Capitalistic system, the Big get Bigger. The monster in this area is Canopy Growth. They have the cash and they have the outlet to become an American company. They also have a major $ backer in Constillation Brands who owns approx. 30% of them. Would be like owning Tesla over other EV companies.

Disclaimer: I've owned CGC shrs for over a year

Posted by BritLSUfan
Member since Jan 2012
661 posts
Posted on 1/10/21 at 3:12 pm to
Take a look at Trulieve TCNNF...
Dominates FL medical market... Expanding elsewhere. Already up from lows at less than $10 in 2020 to $40. Still room to double in 2021 imho.
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