I became convinced of the medical benefits of Marijuana after a trip to Florida in the Summer of 2017. I spent a lot of time with a veteran suffering from PTSD among other things. Long story short, he was off of all the medications that were practically killing him and was now only using a small amount of marijuana once or twice a day. I bought a couple magazines on the legal marijuana industry and became convinced of the potential growth ahead for the industry. On my way home to Maryland in early July, I bought small positions in three companies that are pure plays on the industry.
Kush Bottles (KSHB) supplies packaging products to the industry, and Aphria (APHQF) and Canopy Growth (TWMJF) are growers of marijuana plants. A half a year after making these initial purchases, I am up 151%, 132%, and 273% respectively.
I am convinced the prospects for growth in this industry is still very strong and should continue for the next several years. Therefore I continue to look for other opportunities. I will be adding some names and ticker symbols to a list at the end of this post as I become aware of them. I will do this by editing this post, so if you are interested, please check back periodically. Names added to this list are only for tracking purposes. Do your own research before risking any funds.
Kush Bottles (KSHB)
Canopy Growth (TWMJF)
Aurora Cannabis (ACBFF)
CanniMed Therapeutics (CMMDF)
Alternative Harvest ETF (MJF)
Horizons Marijuana Life Sciences ETF (HMMJ.TO)