Bons
2023-09-07
in a specific perspective, it's just a stock anyway. so it's normal for a strategy which is either a bag holder nor a bottom fishing. however, for me the cannabis is quite a controversy since I've really disliked its harmful addictive effects to human. it literally has  ruined the happiness in many families. on the other hand, we cannot deny that it's highly needed for some people with some ailments accompannied by a really disturbing permanent symptomps, such as Parkinson with its Tremor. So I guess it's a yes for medical cannabis and we should keep a tight control of its circulation in the society. in addition, we should be careful too in the selection of the stocks too, since $Tilray Inc.(TLRY)$ is not showing a great comeback either at the present.
so guys share yours about cannabis stocks too for coins @Viv22 @LMSunshine @KYHBKO @Tigress02 @Universe宇宙 @koolgal @kungpao @wine18 @cindyft @Xian789 //@Tiger_comments:

Recently, marijuana stocks $Tilray Inc.(TLRY)$, $Cronos Group Inc.(CRON)$, $Canopy Growth Corporation(CGC)$, and cannabis ETF $AdvisorShares Pure US Cannabis ETF(MSOS)$ take a wild ride s investors anticipate potential marijuana decriminalization.

This optimism follows a letter sent to the Drug Enforcement Administration (DEA) requesting the reclassification of cannabis from Schedule I to Schedule III. Such a change would result in fewer restrictions on cannabis.

Plus, the White House is saying amid a federal cannabis scheduling review,

President Joe Biden has been “very clear” that he's “always supported the legalization of marijuana for medical purposes.

Some investors are positive about marijuana decriminalization and begin to bottom cannabis stock.

However, some investors are bag holders of cannabis stock such as $Tilray Inc.(TLRY)$. They bought $Tilray Inc.(TLRY)$ at high point of $67 or even $300.

To learn more about cannabis stocks, you can read Cannabis Stocks, ETFs Soaring! Are CGC, TLRY, CRON, MSOS A Buy?

TLRY hit $63.91 on Feb 10th 2021. That was the last peak in cannabis stocks.TLRY hit $63.91 on Feb 10th 2021. That was the last peak in cannabis stocks.

Share your experience or insights in investing cannabis stocks to win tiger coins!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment