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HOT STOCK PICK by dreamryder007

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· @dreamryder007 ·
$0.21
HOT STOCK PICK
Today's pick is a POT stock.
![weed 1.jpg](https://cdn.steemitimages.com/DQmU92xN1H2sirstMCCthbxLtwQbd9jnkkKYGdesnpdLRtN/weed%201.jpg)

Everyone has there favorite "Home Run" stock picks safely tucked away deep inside of there portfolios, here is one of mine.

Medical marijuana, casual use, edibles, CBD oil the list goes on. This huge untapped market wont stay untapped much longer. Canada is going legal and in U.S., states like New Jersey are starting a marijuana arms race between neighbors. 

I confess that I have no knowledge in this space. This area is outside my area of expertise. I generally like big company's that make money. So how did I get to and invest in a small weed company? 

![corona 1.jpg](https://cdn.steemitimages.com/DQma2nishdWnNYEaYZhuZsZ2YMdA8jmFbVVuVti8SfdwatW/corona%201.jpg)
It's all Corona's fault.

Canopy Growth Corp. (Ticker Symbol: CGC)

The company that owns Corona beer (Constellation Brands) invested $4,000,000,000 in cash to buy a larger stake in Canopy. While I don't know much about Canopy Growth, I do drink Corona's.  So after a little research on my part I decided to buy this stock. I am long from the low 30's. I am also looking to add to my position but the price has moved higher than I  am willing to pay until we get some earnings numbers. 

A word of caution, marijuana stocks are going absolutely crazy right now and some people are losing  small fortunes literally over night. Another pot stock, Tilray, went from $100 USD, to $300 USD and back $100 in a few days! If you caught the marijuana stock buying fever at the wrong time you could be looking at large loses.

I am long CGC.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Steemit). I have no business relationship with any company whose stock is mentioned in this article.

Best Regards,
Dreamryder007
👍  , , , ,
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vote details (5)
@badcontent ·
$0.09
**This user is on the @buildawhale blacklist for one or more of the following reasons:**

* Spam
* Plagiarism
* Scam or Fraud

👍  
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@novacadian · (edited)
Almost opening night for full legalization up here in the Great White North. Posted a review on a medical use product last week. A link to it is included below for your reading pleasure.

https://steemit.com/cannabis/@novacadian/420
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@masterroshi ·
$1.45
It's interesting how weed is becoming mainstream these days in the west. Canopy growth has popped up a few times on my robin hood app. maye i should grab some befor the fomo session on the 19th of October with legalization happening. I feel like i missed out on Tilray as it rocketed out of my range real quick.
👍  
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@dreamryder007 ·
It's a crazy time.
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@the-oracool ·
lol my IGC popped up from $1 to $14 real fast
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@dreamryder007 ·
$0.08
Very nice! I have never hit a 14x trade. GJ STU
👍  
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@the-oracool ·
Was quite the stroke of luck, i'll take it though. :) Thanks buddy!
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@steemitboard ·
<center>[![](https://steemitimages.com/175x175/http://steemitboard.com/@dreamryder007/level.png?201810072314)](http://steemitboard.com/@dreamryder007)
**Congratulations @dreamryder007**!
You raised your level and are now a **Dolphin**!</center>

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