NUGS
Cannabis Strategic Ventures
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Welp I still believe in my thesis that cannabis is safe effective medicine , will be more mainstream eventually and achieved my goal of getting a lot of shares in the big LPs and MSOs ETFs. (Prior to major reform happening) Much to my regret lol - it’s cost me dearly- I lost 100% on med men, CannTrust , entourage, NUGS, New Age Beverages, and many others. I would probably be a millionaire if I put those dollars on less idiotic plays like Nvidia, Magnificent 7 or even SPY. Opportunity cost is brutal so I try not to think about it… I’m still holding unrealized losses back up to ~100k$ since we’ve cratered again after some hope from HHS earlier this year. I’ll probably trim some shares next year to rebalance as I went way too hard on putting my chips in the sector. I hope I can still hold shares in the long term winners, and I knew it was high risk play, that some companies wouldn’t survive. I had no idea it would be this long and drawn out and just getting beat down over and over again has taught me some lessons. 1- I’ll never buy OTC stocks again - 2- no margins- buy as I go and one really bad margin call was enough of a lesson for me 3- for every dollar in high risk sector- put 2 dollars on safe smart shit like DIVO JEPI SPY SCHD VYM that will pay me forever for holding.
Shares I’ve been bag holding in CLSH , NUGS, Entourage, LEEEF also twitched for a moment this week - sounds like what you’re seeing. Hope these don’t all go to zero 🤣
I have been averaging down quite a bit in lows but carrying heavy bags and total losses on MedMen CannTrust NUGS etc , LPs are down quite a bit but we shall see in a year!
I just have to say I’m so fricking excited and feel like vindication is happening I’ve been buying weedstocks since about 2018, lurked in here for years and have bought through highs and lows over the last 5-6 years based on my premise CANNABIS IS SAFE & EFFECTIVE MEDICINE….. I Lost all my investments on turds and naivety by investing in NBEV CannTrust NUGS Entourage and a few others, but have averaged down more and loaded up on more MSOS in the lows over the last year. Our time is coming to sing and blast our redemption song!!
Happy Friday my bag holders anonymous pals!! LFG momma needs some new shoes, those with patience and fortitude may *expeditiously* be handsomely rewarded. Unrealized losses maxed out over 100k in this shit show sector in 2023 but I’ve only DCA and the portfolio is spring loaded for major catalysts this year. My dream team 2024 sequence- US schedule III confirmed by DEA German reform (even incremental will be a good step for LPs) Canadian excise tax reform - please save our LPs Canadian buddies (I’m not your buddy, pal) Various other state led progress a bonus! Looking through my stonks that went to Zero- CannTrust, NBEV, and other hovering above- LEEEF , CLSH, NUGS, Entourage, should have put those on NVIDA or Palo Alto but hey you gotta crack some eggs to make an omelette Not financial advice-
I am holding roughly 100,000+/- shares of various LPs MSOs and ETFs and HODL for another year or more for this incoming tsunami of cash into cannabis. All Long positions, no expiry. No margins. It’s been a brutal ride so far lol. I’ve been accumulating over about 4 years and have lost 100% on the usual suspects like CannTrust NBEV , GreenLane, and some others that went kaput. This hasn’t stopped my resolve. Strategy is to hold for another year or more and try and capture some long term gains, and sell 60%-70% of cannabis stonks portfolio when things finally go parabolic and post uplisting wave upward. I’ve averaged down quite a bit during lows this summer and like my averages on most of my top holdings like GTI Truelive cresco curaleaf. I Would sell first and most shares, exit thousands of shares in LPs sell off 80%-90% of holdings. Tilray , OGI, CGC, ACB, CRON, sundial, entourage if there is any hope there… Top MSOs postions I would likely sell 50%-70% of shares. Thousands of shares in Curaleaf, GTI, Cresco, Ascend, Verano, Acreage, Truelive,Planet13 , MedMen, NUGS, FORA, CLSH. I would hold 100% of ETFs, hundreds of shares in YOLO, MJ, THCX, for dividend reinvesting. Good luck to all and let’s put some future gains in dividends stocks, real estate, family college funds, arts and philanthropy, humanities, social justice and helping one another. I’d also like to send a shout out to Miss Mary Jane, Cannabis herself for helping me through all the things she heals.
Moon or gutter here as well my friend! Lost my ass on some weedstocks like NBEV CannTrust, Entourage, NUGS , still holding all my LPs and MSO and ETFs.
My top msos positions are below, all Long no expiry. Thousands of shares spread across stocks and ETFs. Green thumb- Cresco- Truelieve - Curaleaf Verano Ascend Planet 13 - Acreage MedMen- And several ETFs MJ MSOS THCX YOLO And some other turds that have gone to zero , NUGS, entourage , LEEF ,
Bloody hell- NUGS cannabis strategic ventures went zero. No bump or action from news. Bags are heavy, looks like it’s donezo ….
NUGS up 6.66% today Maybe today Satan??? XD
CLSH , ETRGF, ICNAF, MMNFF, NUGS and most others in the ol portfolio looking good today!
BBY going to sell NUGS and Rugs 😂😂
McDonalds wave forming, bullish on $NUGS
Nah bro, go all in on $NUGS
I have 420 shares of CBDD and a handful of NUGS