This company is lagging behind inflation
$SNDL Inc (SNDL.US)$ think of it like a money time machine. put money in now, and as inflation begins to take effect on the stock price as legalization proceeds in some states and inevitably federally. it can only go up from here. the company won’t get de listed so just dump whatever you’re comfortable with at the lowest price you can predict it to be and just forget it. a lot of people wanna see the 700% gains overnight this stock had last year over two days and it’s not realistic. especially if you’re reading this now and not in two months when something’s moving. buy and hold. be patient. train your mind and seperate your emotions. most of all manage your risk.
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Talklili : Your logic is a bit messy, and it is not recommended to put too much in marijuana stocks.
Ghiox OP Talklili : Could be the fact I was drunk and high and inarticulate lol. The numbers show every recession that stocks or fiat currency always outlasts the dollar which in itself is a fist of gold. Fiats of fists will save us all in the end. What im saying is this is a predominantly Canadian company which is now operating in the states which means it will get revenue from one of the highest taxed industries we have on top of the fact inflation will affect supply and demand but not the stock. Weeds price can go up but it won’t reflect on stock immediately, hence the lag of inflation. Inflation will hit this sector eventually but in the mean time it’s as if it hasn’t been affected yet.