How to invest in the weed business?

[GAMEFINEST]

Thinking about becoming some of investor in the weed business, I know some of you are in it, I prefer just putting some money as a investor, nothing else, any guidance appreciated, I prefer investing than smoking.

[Forest]

Don’t. I pulled a large investment in Michigan about 4 years ago and thank god I did. The canna biz is almost worse than porn and isn’t federally legal in the us.

[GAMEFINEST]

Originally Posted by Forest

Don’t. I pulled a large investment in Michigan about 4 years ago and thank god I did. The canna biz is almost worse than porn and isn’t federally legal in the us.

where would you invest besides cigars and alcohol? Lol

[Huggles]

1. Give weed and money to Killswitch
2. ????
3. Profit!

[Forest]

Originally Posted by GAMEFINEST

where would you invest besides cigars and alcohol? Lol

Real estate. I made a killing in real estate from 2006-2018. Markets looking very similar to those days now. Most of my cash is in the stock market right now though. Can’t beat these returns.

[djroof]

Maybe stocks on weed companies?

[Forest]

Originally Posted by djroof

Maybe stocks on weed companies?

Another seriously bad idea. They are dogs right now. The profit margins in canna are not what everyone expected before it was legalized in certain states. Plus it’s still illegal federally.

[The Heron]

TLRY has weed exposure plus beer. It's also super cheap because... yea weed is terrible biz.

[Shoplifter]

I don't understand how the weed stores here stay in business. They largely sell gummies for a few dollars a package and their storefront rents are huge.

Better to open a coffee shop than weed.

[Forest]

Originally Posted by Shoplifter

I don't understand how the weed stores here stay in business. They largely sell gummies for a few dollars a package and their storefront rents are huge.

Better to open a coffee shop than weed.

My dispensary in Vegas I pay an avg of 45.00 a half oz for seriously good bud. In 1982 I was paying 45.00 for a shit quarter oz 😂😂

[pornmasta]

Originally Posted by Forest

Another seriously bad idea. They are dogs right now. The profit margins in canna are not what everyone expected before it was legalized in certain states. Plus it’s still illegal federally.

I second that. Check a chart of Tilray stock.
That's what you don't want.

[pornmasta]

Originally Posted by The Heron

TLRY has weed exposure plus beer. It's also super cheap because... yea weed is terrible biz.

Dat one...

[Publisher Bucks]

Originally Posted by GAMEFINEST

where would you invest besides cigars and alcohol? Lol

Precious metals, its hit or miss (short-term) but typically long-term you make money (especially after elections irrespective of the winning/losing party).

The US real estate market is steady right now so it takes a while to make a decent return unless you're able to flip quickly after rennovating or, are lucky enough to find a quick sell without doing anything.

Stocks are also 'meh' right now, yes, its hitting record highs but, that also mean record lows.

A few months back my girls started throwing money at crypto's they've not made millions but they have made a little, they've dropped about $1000 and its up to $250 so they're happy.

Ultimately its going to depend on your comfort level as to what will be best for you... You could just fly over to Cuba, buy a bunch of cigars and sell them to Forest at a premium

[Forest]

Originally Posted by Publisher Bucks

Ultimately its going to depend on your comfort level as to what will be best for you... You could just fly over to Cuba, buy a bunch of cigars and sell them to Forest at a premium

Man I’d be a buyer! Bring me those maduros! 😂😂

[CaptainHowdy]

"So, you're criminally inclined . . ."