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So I wasn’t in the market back in the 2018-2019 days of the early frenzy on weed stocks. Looking at them now, they have mostly fallen around 70-90% from their all time highs. With Biden’s recent announcement I found myself looking for a longer term play and I narrowed it down to TLRY and MSOS.
I was looking to get opinions on these two or any other cannabis stock, and what you think is the best short or long term play. I’m coming from the world of options trading so I’m use to volatile swings and don’t mind a moderate level of risk. I’m looking to actually start buying stock in one of these though, and then add to my position over the next couple years.
MSOS is apparently primarily US cannabis stocks which aren’t even listed on the big exchanges yet. It went up 30% on the Biden news and only lost a few percent the following day.
TLRY is primarily canadian and went up 30% also, and then lost almost all of it the following day. Are these two different outcomes suggestive of anything?
Thanks and happy sunday.
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Best plays in the Cannabis sector IMO are Trulieve and Green Thumb Industries. Dividend play, Innovative Industrial Properties.
Pretty easy… will TLRY see 7 before MSOS sees 22 … ya I think so
There’s no real comparison, MSOS.
You get exposure to multiple companies with different aspects of the industry, more diversity, with more room to grow and upside.
It’s US companies, and there’s a lot more potential deregulation in the future, from states to Federal, which could cause multiple upswings. Along with a much bigger market.
none
I just own BGXX, they just signed a deal and with Bidens pardon it’s only going to rise especially the stock being fairly cost effective
If you’re truly asking for an opinion, trade at your own risk
The companies are abysmal and have limited upside for now
Both
IIPR is safest imo. Tried and true business model, long term deals. Dividend too
Neither of them are good investments. Selling legal weed isn’t profitable because of taxes, and also stoners can’t do math.
Both are hot garbage that randomly run up on “legalization” and then drift back down when they realize the old white power brokers aren’t really interested in it.