🌿🌿🌿

The writing on the wall is pretty clear, marijuana is probably going to be legalized in the near future

How can you invest in this movement?

[THREAD]
There are 3 ways to play it:

1. Pot Growers and Distribution 🌿

2. Supplies ⚗️

3. Medical/Tech 💊
1. Pot Growers and Distribution 🌿

These are companies who grow/distributor/sell marijuana

Here are some to look into:

*Tilray $TLRY
Aphria $APHA
Canopy Growth $CGC
Aurora Cannabis $ACB
*Sundial Growers $SNDL
OrganiGram Holdings $OGI

*I have a swing trade position
2. Supplies ⚗️

These companies make products that are used in the cannabis industry

Here are some to look into:

Scotts Miracle-Gro $SMG (fertilizer)
Innovative Industrial Properties $IIPR (REIT)
GrowGeneration $GRWG (hydroponic supplies)
*Pepsi $PEP (Cheetos, Fritos, Ruffles)
3. Medical/Tech 💊

These companies are using cannabis to make new types of medical grade drugs and treatments

Cara Therapeutics $CARA
GW Pharmaceuticals $GWPH
Bonus 4th group! 🎁

ETF's dedicated to the cannabis industry to reduce exposure to any one company:

ETFMG Alternative Harvest $MJ
AdvisorShares Pure Cannabis $YOLO
With cannabis stocks it is of utmost importance to DO YOUR RESEARCH!

There are many red flags:
- Pot is still illegal on the Federal level
- Some banks won't take money from these co's
- Location dependent
- Spotty mgnt history
- Unclear who will emerge as market leaders
How about you?

Do you/would you consider investing in a cannabis company?

- If not, is it due to financial concerns or ethical concerns?

- If you already do, which companies do you see as the market leaders in the next 10 years?
@FI_Squirrel just brought up an ETF I thought I would add to the thread

AdvisorShares Pure US Cannabis ETF $MSOS

$MSOS in a unique ETF in that it represents US based cannabis companies

Who knew squirrels were into 🌿 investing? 😉
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