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SVTPerformance's Chain of Restaurants
Road Side Pub
Would you invest in the Marijuana industry?
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<blockquote data-quote="RedRocketMike" data-source="post: 14346389" data-attributes="member: 51242"><p>I do mostly what people would consider speculative investing but I don't touch marijuana stocks. My problem with the industry is I could nail down what are the best two or three but the likelihood of the government doing something that screws up the investment seems too high. My experiences thus far haven't been great. I've done some DD on a handful as a courtesy to a few people and every time find too many red flags. A friend of a friend sent me paperwork for a capital raise for one recently and it looked like an 8th grader wrote their business plan.</p></blockquote><p></p>
[QUOTE="RedRocketMike, post: 14346389, member: 51242"] I do mostly what people would consider speculative investing but I don't touch marijuana stocks. My problem with the industry is I could nail down what are the best two or three but the likelihood of the government doing something that screws up the investment seems too high. My experiences thus far haven't been great. I've done some DD on a handful as a courtesy to a few people and every time find too many red flags. A friend of a friend sent me paperwork for a capital raise for one recently and it looked like an 8th grader wrote their business plan. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Would you invest in the Marijuana industry?
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