- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Is big tobacco going to get into the weed game?
Posted on 2/5/21 at 4:00 pm
Posted on 2/5/21 at 4:00 pm
I bought PM and MO awhile back thinking they would take off once weed was legalized. Well 4 yrs later we are no closer to legal weed and big tobacco has been red for me for sometime. Besides the good dividends they have been dead $ for me. Any reason I shouldn't cut bait?
This post was edited on 2/5/21 at 4:01 pm
6
Posted on 2/5/21 at 4:01 pm to GREENHEAD22
No...collect your dividends and wait for the cycle. They will do what they want when they want.
Posted on 2/5/21 at 4:01 pm to GREENHEAD22
You better believe it! They've had plans for that for many years.
Posted on 2/5/21 at 4:11 pm to GREENHEAD22
yes
Posted on 2/5/21 at 4:13 pm to GREENHEAD22
Big tobacco will have all of their weed ducks in a row before they finally push through the federal legalization of the stickiest of the icky.
Posted on 2/5/21 at 4:43 pm to GREENHEAD22
This is how I look at my MO shares. Fat dividend and I’ll just be sitting here hanging out if/when something wild happens with weed. I don’t have any interest in chasing around all the other weed stocks
Posted on 2/5/21 at 6:09 pm to rocksteady
Posted on 2/5/21 at 7:46 pm to rocksteady
MO is well positioned and will take advantage of the situation if and when it happens. Being a massive company with an enormous market share, it won’t shoot up like the other small players. However it comes with much less risk and an enticing dividend.
It’s not a sexy play but it’s a good one, and should pay off over time.
It’s not a sexy play but it’s a good one, and should pay off over time.
This post was edited on 2/5/21 at 7:47 pm
Posted on 2/5/21 at 8:02 pm to GREENHEAD22
quote:
Any reason I shouldn't cut bait?
NO.... You can spend capitol gains the same as dividends.. Why wait? Look at Constellation Brands, STZ. They already own 30% of the biggest and best Canabis Company, Canopy Growth.
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News