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Cannabis Company Poor Share Price


disco survivor

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Just curious why some of the main cannabis related companies perform so badly on various stock exchanges. I've heard the "Big Pharma" argument that hedge funds loyal to pharmaceutical companies drive the stock price of these companies down but I'm not buying it.

 

I've made a little money from the volatility in the market but don't see these companies as long term investments (at least for now).

 

Anyone got any thoughts on the legal cannabis market and where it's headed?

 

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Just now, disco survivor said:

Anyone got any thoughts on the legal cannabis market and where it's headed?

Look at the directors and owners to see if any of them are related to government ministers, those are the companies that will make money, in the UK at least.

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I know nothing about it but my uninformed outsider thought is that there are so many companies jumping on the bandwagon, the vast majority of which have little experience or understanding of growing cannabis, maybe the investors are waiting for the inevitable collapse of the companies that don't know what the fuck they're doing to see which ones will stay the course :unsure:

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Just now, stu914 said:

I wonder how many of the public know what BS are up to?  Not many I'd wager...

You care to elaborate then..?

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Just now, Dreamer420 said:

You care to elaborate then..?

Biggest weed growers in the UK….. literally, google wissington glass house, and then picture it full of shitty legal ganja !

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Just now, Dreamer420 said:

Oh i see, I thought you meant something nefarious lol

Ah like grinding up children to make the sugar beet taste sweeter, I wouldn’t put it past them !

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21 minutes ago, LA LUNA said:

and then picture it full of shitty legal ganja !

 

 

non-psychoactive apparently, but still, i bet i'm not allowed to grow CBD only weed

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8 hours ago, disco survivor said:

Anyone got any thoughts on the legal cannabis market and where it's headed

 

over regulated (acted) and inbred out of existence lol 

 

I mean, who wants to catch skunk psychosis  lol 

 

 

 

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20 minutes ago, ratdog said:

 

 

non-psychoactive apparently, but still, i bet i'm not allowed to grow CBD only weed

I didn’t know that…… pussies :D

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1 hour ago, Dreamer420 said:

I thought you meant something nefarious

 

 The UK medical cannabis program was hijacked by profiteers who exploited their monopoly on licensed CBMP's to reap huge profits from export sales, while those whom it was intended for were denied access. Pretty nefarious IMO.

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