disco survivor Posted June 26, 2023 Share Posted June 26, 2023 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? 1 Link to comment Share on other sites More sharing options...
latigid aikon Posted June 26, 2023 Share Posted June 26, 2023 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. 7 Link to comment Share on other sites More sharing options...
Boojum Posted June 26, 2023 Share Posted June 26, 2023 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 4 Link to comment Share on other sites More sharing options...
Arthur Mix Posted June 26, 2023 Share Posted June 26, 2023 Tbh the whole industries like watching a bunch of crackheads waiting for more crack 5 Link to comment Share on other sites More sharing options...
ratdog Posted June 26, 2023 Share Posted June 26, 2023 British Sugar share price looks good 1,937.00 5 Link to comment Share on other sites More sharing options...
stu914 Posted June 26, 2023 Share Posted June 26, 2023 I wonder how many of the public know what BS are up to? Not many I'd wager... 5 Link to comment Share on other sites More sharing options...
Dreamer420 Posted June 26, 2023 Share Posted June 26, 2023 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..? 2 Link to comment Share on other sites More sharing options...
LA LUNA Posted June 26, 2023 Share Posted June 26, 2023 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 ! 4 Link to comment Share on other sites More sharing options...
Dreamer420 Posted June 26, 2023 Share Posted June 26, 2023 Oh i see, I thought you meant something nefarious 2 Link to comment Share on other sites More sharing options...
LA LUNA Posted June 26, 2023 Share Posted June 26, 2023 Just now, Dreamer420 said: Oh i see, I thought you meant something nefarious Ah like grinding up children to make the sugar beet taste sweeter, I wouldn’t put it past them ! 3 Link to comment Share on other sites More sharing options...
ratdog Posted June 26, 2023 Share Posted June 26, 2023 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 4 Link to comment Share on other sites More sharing options...
twigs Posted June 26, 2023 Share Posted June 26, 2023 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 I mean, who wants to catch skunk psychosis 4 Link to comment Share on other sites More sharing options...
LA LUNA Posted June 26, 2023 Share Posted June 26, 2023 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 1 Link to comment Share on other sites More sharing options...
Simple Jack Posted June 26, 2023 Share Posted June 26, 2023 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. 6 Link to comment Share on other sites More sharing options...
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