CBD looks like bull****. No evidence of effectiveness, no trials for anything other than rare epileptic seizures, noteworthy side effects. It's less than 1% chance that has meaningful medical uses.
Equivalent (in fact, stronger) statement: Homeopathy (pure water with no active compounds) is a not a gimmick. Lot of people take to help fix almost everything, thousands of testimonials, even doctors prescribe it.

Could it become a growing industry to take money off cucks? Sure, but the fact that it's a controlled substance makes it a lot less viable. And there's close to zero chance of actual efficacy.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5569602/ If you care to read through you may rethink your position on side effects and there's been numerous trials for varying conditions. As far efficacy, ill take the over on 1%

"the most commonly reported side effects were tiredness, diarrhea, and changes of appetite/weight. In comparison with other drugs, used for the treatment of these medical conditions, CBD has a better side effect profile. "

I have read through everything (there's very little literature on CBD). What I mean is that the minor potential relaxation/pain effects come with frequent side effects. It's not a freebie compound like some other "natural" compounds are. That makes it substantially less marketable and appealing.

How long does dope remain a controlled substance with states like Colorado doing 1.5B in yearly revenue?

Which was an evidenced claim. I know from my own trial that CBD has no striking effect. Usually, claiming a substance is useful needs to start out with some evidence.

Well. Clearly your one person self reported short term experiment with one product makes the entire industry snake oil. You got me. Well played.

If you trade fads, sure. And good luck with that.

Marijuana use has been increasing for like 40/50 years and you think legalization is a fad? Interesting take imo.

Sour grapes.

So many buying opportunities, can't keep em all straight.

Bitter sarcasm,... but you're right if you're capable of trading horizons past the end of your nose.

lol, if I had the fortitude to just reverse every trade I like, I'd be rich. ... Totally underwater on some options right now. ... they've got almost six months left on them, but they're down like 60% ....

I still think there is a lot of mid-term and long-term growth in the sector, but apparently I have no idea how to find it.

Ah well. Hanging on to the options, too many things can happen. But I definitely concede my timing was the reverse of smart money.

I sold half of my CGC around 53. Was averaged in below 20. Was also holding a lot of call options when the constellation deal was announced. Sold all of those between 40 and 45.

Long term I like buying back in around where constellation bought in. I've done that over the past week. I could see it going down to 30, I would buy more.

"I told you so" because it dropped 3% from my buy point last week is hilarious. That's not how investing works. If it goes down its a buying opportunity IMO, I like the stock long term. It's overvalued in the short term but in the long term it's undervalued IMO.

I don't think calls are smart right now because I could see the price being depressed all winter. It needs some news to break the downtrend. Lots of potential catalysts out there.

I don't really know what I'm doing though, I just got lucky based on a friend introducing me to the sector at the right time.

Profit taking and panic selling. You'll be fine. Buy low, sell high. Don't buy when you're high and sell when you're low or buy when you're low and sell when you're high.

The argument about the valuations being too high is worth discussing. Statements like "marijuana is a fad" and "it dropped 3% therefore you're wrong" are just plain dumb.

short term bounce likely.. scaling into any short term flushes to the downside from here probably good, although essentially trading QQQ. Valuations are certainly optimistic to say the least.

Another rough day for cannabis.

Sell the news hit hard, like it has in weed for the past cpl years. I'm bullish long term.

If Gillum wins in fla, liberty and ianthus will be big movers.

Trulieve is the best florida stock I think. Though the other two are better overall.

khiron ripping today

tgod oof... better days ahead, just probably not tomorrow

I'm buying this stock. ... They are late to the game but I think they'll find their spot. But wtf do I know. Stock looks cheap right now imo.

Anyone looked at curaleaf for a U.S. play?

what symbol is Curaleaf under? I searched CURE and didn't see anything.