written by reader Too busy… someone please fill me in! Thanks

By semcgrath, March 8, 2017

So I’m working like 18 hour days right now, but I want to cash in on the Marijuana Stocks… Can someone please tell me which ones to buy? Does anyone follow the Penny Pot Profits? I’m not paying to follow them…. Thanks for you your help!

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Random
Irregular
March 9, 2017 2:04 am

I took a look at this briefly, subscribing to one newsletter that was promoting them. My conclusion was that it’s a fad, there are no sensible publicly-listed investments but there are a number of stocks that have been chased upwards because what they do happens to have something to do with marijuana, for example a packaging company and a very expensive UK-based pharma company that happens to have a couple of cannabis-related drugs under development. The newsletter concerned was very much about telling stories about stocks rather than fundamentals, so I cancelled it. There will be others here who will know much more but I would say, be thankful that you don’t have time to get involved in that market.

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lovellah
lovellah
Member
Reply to  Random
March 13, 2017 1:01 am

Jeff Sessions, new Justice Director has strongly indicated that he does not like Marijuana – even though some states have “legalized” it; the Federal Govt will not – so it looks like a roadblock for investing in it.

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gordo
gordo
Member
March 15, 2017 6:18 pm

stevia corporation – it is grower of stevia but was moving into growing hemp. No recent info. On the pink sheet for .02. Anyone know if it is alive, dead or just moribund?

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Travis Johnson, Stock Gumshoe
Reply to  gordo
March 15, 2017 7:22 pm

Last submission to the SEC was a “failure to file” about a year and a half ago. Don’t know the specifics on this one, but if you listen closely you can hear the echoes of yet another trend-chasing penny stock that got manipulated and pump-and-dumped one too many times.

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gordo
gordo
Member
March 17, 2017 12:32 pm

No sooner than the demise of Stevia was predicted, it has suddenly and unexpectedly come to life. Two days ago, it was trading at .018. Today it is at .026 and volume is jumping. Stevia was moving into the Hemp business. No announcements. Clearly a case for the stock gum shoe!

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