Post by wickedwabbit on Jul 11, 2016 21:24:48 GMT -5
Hey folks!
I don't have the time, patience, or money to trade on a daily basis. I held a small (speculative) amount of CGC for several months. I now have much more confidence in this sector. I dumped the rest of my portfolio prior to the brexit fiasco and have since reinvested 90% into the marijuana sector. I'm wondering how other investors here have their portfolio weighted? Currently I'm sitting with CGC: 70%, MT: 15%, APH: 15%.
I heavily weighted CGC because I hope to ride their large market share right to the bank post recreational. I consider Mettrum to be their main competitor and they're posting impressive growth. I like Aphria since they are currently the low cost producer at just over $2 a gram. They may not have the market share but at that price they can sell wholesale to other LP's and still come out ahead.
What do you guys think? Are there any others i should consider?
Also, when legalization occurs will there be a shortage of supply? How would a product shortage affect SP in the short/long term?
I don't have the time, patience, or money to trade on a daily basis. I held a small (speculative) amount of CGC for several months. I now have much more confidence in this sector. I dumped the rest of my portfolio prior to the brexit fiasco and have since reinvested 90% into the marijuana sector. I'm wondering how other investors here have their portfolio weighted? Currently I'm sitting with CGC: 70%, MT: 15%, APH: 15%.
I heavily weighted CGC because I hope to ride their large market share right to the bank post recreational. I consider Mettrum to be their main competitor and they're posting impressive growth. I like Aphria since they are currently the low cost producer at just over $2 a gram. They may not have the market share but at that price they can sell wholesale to other LP's and still come out ahead.
What do you guys think? Are there any others i should consider?
Also, when legalization occurs will there be a shortage of supply? How would a product shortage affect SP in the short/long term?
