Accounting Gotchas in Canada Weed

https://seekingalpha.com/article/4185105-understanding-cannabis-industry-gain-biologicals

This is a great article (the comments criticize as expected but are still worth reading).  For me, i have not even tried to value weed stocks w/ any due diligence / discipline.  It’s always been a speculative trading vehicle and focused on the 3 bigs:  CGC, APHQF,  & ACBFF.  Speculative positions that by pure luck made enough profit to sit on very small positions in all w/ earned capital.  If they make it big, great.  If they crash, oh well … it was fun.

While the exercise of valuing those companies is something people are going to do and it will help us who will not … i think 2019 is the earliest we get anything to make investment decisions on … the big money (tobacco and alcohol have yet to really show their hands)

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