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Barrett Gardener
@justbarrett · Aug 2

Cannabis, how do you view this sector? Do you own any stocks in this particular sector? I have a lot of faith in this market for the future and I am starting to look into adding something from this sector to my portfolio. Your tips and insights?

BC
Bill Combs @billcombs Aug 4

I haven't even thought about this sector and I have no idea what stocks or etfs I should invest in. But it is an interesting sector.

BG
Barrett Gardener @justbarrett Aug 4

I also find the industry attractive.

DD
Daniela Duong @danieladuong Aug 3

Honestly I haven't even thought about it yet and I probably wouldn't go for it, but I don't have much insight into the companies involved

BG
Barrett Gardener @justbarrett Aug 3

Yeah, I get it.

YE
Yorick Ericson @yorickericson Aug 3

I would stay away from it, these companies have no competitive advantage. This is a commodity where there are not big barriers to entry and there will be very small margins.

BG
Barrett Gardener @justbarrett Aug 3

Well, as far as recreational use is concerned, the margins could be similar to those of the classic pyro cigarette companies.

DM
Darius Moore @dariusmoore Aug 3

Jn. As Mark writes. $ACB and $TLRY.

BG
Barrett Gardener @justbarrett Aug 3

What happened to $ACB?

RR
Rickie Reeve @rickiereeve Aug 2

It has a future, but the question is when it will take off in a big way. There have been a few companies here, but they haven't caught on.

Personally, I'm fine with just the potential exposure through classic snuff. They could give the switch in a heartbeat and be the leading companies in this sector as well due to their strong position.

BG
Barrett Gardener @justbarrett Aug 3

So legalization is already taking off in a big way, and within 10 years most developed countries may have legalized.