Been keeping a keen eye in regards to recent shares on a couple of different legalised medicinal Canabis companies. Main one being Auscann has recently been approved it's licence within Australia. Just wondering on opinions in regards to shares for a starter company?
So I was trying to buy an industrial maintenance company and accidentally bought TWS at 1.6 cents, turned out to be a medical cannabis company, there was some sort of takeover by Auscann in January/February? and then my Auscann (AC8) shares went to 90 cents, now they've leveled back out. So far I've done well and will ride the medical cannabis wave. Google William Randolph Hearst, he basically killed cannabis and hemp in the US.
Also watching Auscann, but it is to early to jump in? Share price has risen heaps already and it isn't producing anything yet.
http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw They all run on Announcement's,and the way the media on the day comes out..
Good call willair as said till everything is actually up and running effectively in Australia and other areas won't know how they perform