Top 10 Canadian Marijuana and Cannabis Stocks

After all the hopes and dreams it turned out to be a 'sell on news' type of thing. The space has been a bit of a disaster. He does not think he is short this one but it is not a space he is keep on.

He feels all cannabis stocks are gambling stocks. A maturing debenture is expected to keep downward pressure on the share price. There is no assurance that any existing company will be a survivor -- it is simply too early. No one is making money in this space. Without being able to predict revenues and expenses,…

Some of the downside momentum in the sector has stopped. This is certainly one of the companies he would look at. It looks like they are executing and growing.

It got stuck above $30 and is now building a nice base. He likes this.

He avoids the cannabis space now. (He owned some early on.) The market here is too small here. He's keeping tabs on some names. It's still tax-loss selling now. He needs to see how these companies will be profitable. He'd rather buy the US weed stocks--a bigger market there. Avoid this space.

(A Top Pick Oct 04/18, Down 87%) A perfect example on staying atop your stocks. He sold around $9.88. Never fund to sell on a loss, and he did and that saved a lot of money.

He is hesitant to look into the social media companies related to the cannabis sector. He does not believe there is enough defensible on the technology side to say data gathering is a beneficial business in this space yet.

They have done an excellent job executing. They have been working on a number of different products. They have been a leader in Canada and will continue. It will depend what happens with the new products.

This company has a lot of scientific research to support the health care aspects of cannabis. They also have extensive experience in low cost farming economics as part of their partnership with Village Farms (VFF-T).

Go all in into this? Don't go all in into any cannabis stock, a sector that hasn't shown earnings yet. He has a convertible debenture of Supreme, who have executed well. But this space is now under tremendous pressure, ever since legalization.

He has said for a couple of years that he wants the industry to mature. He thinks there is some value there at this point. There are really no earnings, however. Usually when a correction hits, stocks without earnings get hit first. He has been buying below $9. Don't commit a lot of money. Just…