I do the same thing with the stocks. Except I have cgc sndl hexo and a few others. Everyone is doing amazing if you have had them for a while. Lol it awesome so see this in our world my friend. This is defiantly exciting times.
Yep. It is absolutely amazing what is going on a totally new industry. Acquiring up several companies and will try to
forget about them for ten to twenty years. The volatility and valuations are just plain stupid on some of these cannabis equities.
I just try to overlook the short term by looking at current market caps. and then loosely projecting what their market caps. might be in the long-term.
Example: CRON mkt. cap. $3 to 4 billion.
Now with a 10 percent growth rate CRON would be a $20 billion company in twenty years.
If that is a 20 percent growth rate CRON would be over a $100 billion company twenty years.
My guess is the long term growth rate will be somewhere in between.
Of course CRON could go bankrupt. lol Probably not, since I think MO owns 45 percent of the company.
If MO sold their stake that perhaps would be bad.
Probably should buy some MO at some point too.
My IRA Portfolio Top 5 holding(s):
---right now have low cost basis on four of the five positions---
CGC
CRON
CURLF
ACB
VFF
Probably should buy some MO at some point too.
Love to see stocks go up, but would be totally happy to see a massive sell-off, so I can acquire more long-term shares and convert my IRA to a Roth IRA.
I held HEXO only 25 share and sold it at a decent profit. I am always cautious when companies have reverse splits.
Not to say I feel this at all with HEXO, but historically reverse splits are adverse for investors.
Will probably buy it back if there is a regression in price.
Damn. Can't wait to be able to obtain a legal permit. Keep pestering my attorney about any updates in my state's laws.
Fortunately, I live in a community that passed a liberal decriminalization ordinance.
Happy valentine's Day everyone may love find you guys and girls in every type of form.
