Hi, I just stumbled across your work today, and you have done some great work. Thanks! Now, that I got that out of the way, the only other company that I think you should look into is GrowGeneration (GRWG). They are a profitable hydroponic operator with about 30 stores and growing quickly. The only three stocks I am invested in are TCNNF, AYR, and GRWG since they are the only profitable companies that I have come across. I figure that this basket of stocks should be enough to be somewhat difersified in this sector, and so far I think it has been the right choice. If you compare the performance of these stocks compared to the marijuana ETF MJ, they have vastly outperformed the index. I was even looking at using some leverage to add even more exposure to these companies by hedging with MJ, but the borrow fees were high and you have to stomach a lot of tracking error over the short-term.
Hi, I just stumbled across your work today, and you have done some great work. Thanks! Now, that I got that out of the way, the only other company that I think you should look into is GrowGeneration (GRWG). They are a profitable hydroponic operator with about 30 stores and growing quickly. The only three stocks I am invested in are TCNNF, AYR, and GRWG since they are the only profitable companies that I have come across. I figure that this basket of stocks should be enough to be somewhat difersified in this sector, and so far I think it has been the right choice. If you compare the performance of these stocks compared to the marijuana ETF MJ, they have vastly outperformed the index. I was even looking at using some leverage to add even more exposure to these companies by hedging with MJ, but the borrow fees were high and you have to stomach a lot of tracking error over the short-term.
Thanks for sharing. I looked at GRWG and passed on it unfortunately. I will take another look.