Bill C-45 Oxford Marijuana video teaserI’m listening to a long, aren’t they always long, presentation via the Oxford Club, on the legalization of marijuana and the multi, multi possible returns if you get into the right stocks and avoid the losers. Some preliminary research shows that this is a bill in Canada, though the presentation implies it’s the US. My search also suggests that C-45 may be flawed and not pass. Does anyone have a guess which Canadian marijuana stocks are likely to come out on the positive side, and which on the negative? I’ve purchased marijuana stocks before, always with no success. However, like the pitch, I still believe that the right stocks can return a big payoff, someday.
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the pitch (12 winning stocks, he says)
I read something called Roadmap to Marijuana millions and started watching several stocks around December. The ones that I liked were basically just for a location/shipping standpoint. The ones I chose soon after were all Canadian Growers because I am scared off by the US government(until lately I’ve been a little daring). With several states legalizing some form of it, I just went with the west coast, above the Great Lakes, and the East coast thinking what would be best for shipping.
(ACBFF) AURORA CANNABIS VANCOUVER, BC(West right above CA)
(SPRWF) SUPREME PHARMA NORTH YORK, ON (Great Lakes)
(OGRMF) ORGANIGRAM HOLDINGS MONCTON, NB(East Coast)
(TWMJF) CANOPY GROWTH SMITHS FALLS, ON(above Great Lakes)
Supreme is a little different than the rest because they are more interested in wholesale. They will sell their product to the others. All of them are first movers. There is one in Florida that is coming back right by the Florida University (SCQBF)LIBERTY HEALTH SCIENCE I’m excited about and the other is (TRTC)Terra Tech out on the west coast which just moved into southern California from Nevada. Lost some on Liberty but its coming back. All the others have been winners.
After doing much research, I , personally invested heavily in a company called GrowLife (PHOT); a solid, well-established company which seems to be a dominant “niche” player in the marijuana industry — namely, it supplies the actual hardware for the growers (grow lights, irrigating systems, etc.) At it’s current price (.006/share), I’m in the process of accumulating more shares, bringing my position up to a total of 50,000 shares.
P/E = Losses? It’s been around for years and doesn’t look organized? They seem like they are selling to small time consumer not the big LP’s like Canopy, Aurora, or any other “players” on either side of the boarder. Just saying.