I don't think I posted about it much but Veranos earnings legitimately stunned me. They are fucking insanely profitable and will continue to grow like crazy this year with their acquisitions coming online. I honestly think I might rank them ahead of Thumb as the #3 with Trulieve and Curaleaf being 1 and 2 operators in size/value.Oh yeah...I have been accumulating a shit ton of pot stocks in my LT account (no daily flipping there)
VRNO is up 15% since I started accumulating.
The day in the sun will come for the sector....I'm happy to wait for my payday. The sector ain't going anywhere.
Yeah I think I mentioned that here too. They were oversold and I think their gradual share unlock hurt them. Zero buyers in the sector and especially on this name and you have a bunch of people with a sub 10, maybe sub 1 average with unlocked shares coming online. That'll weigh on it.I got a little lucky with VRNO because my reason for buying wasn't an earnings forecast but simply depressed stock price as a result of them IPOing at the end of the bull cycle. 30 to 20 was too much of a drop, IMO