Marijuana stock will be the next Bitcoin get in and get out fast

As marijuana is being legalized all over the countries, the latest is Canada. I think that marijuana stock will do well short term as more and more investors and being takes interest in it. Sure there are pros and cons, but I think putting money into marijuana stock isn’t a bad idea, however if you see your goal or profit 50% or so, jump out to be safe.

However if you’re one of those people willing to take high risk, you could get big reward or will be in it for a long ride up and down, and down is more likely as I think marijuana does have side effect that will impact people who are using it, getting high and do stupid things, not really controllable, unless it is controllable.

One reply on “Marijuana stock will be the next Bitcoin get in and get out fast”

  1. Respond from a user:

    I’ve been watching MJ stocks for awhile and the volatile tendency of
    these stocks scares me. That being said, there’s really only 2 MJ stock
    company to invest in (Tilray and Canopy Growth). Both have risen at the
    exact same rate (300% over the past 12 months). Most of the reasoning
    for the rise is due to the hype of legalization in Canada. Since the
    legalization of MJ in Canada a couple days ago, these stocks have been
    going down due to people taking profits. So, you might have missed the
    bus on the initial hype buildup. I would say it was and still is a good
    investment due to the fact that the legalization of MJ in the states is
    inevitable and these companies will be in the forefront of acquisition
    and distribution.

    Tilray ( is
    backed by Peter Thiel who is a billionaire investor in startups like
    Facebook and co-founder of Paypal

    Canopy Growth (
    is backed by Constellation Brands which is a Juggernaut in the Beer,
    Wine, Liquor industry.

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