2Yr·

Hello dear community, I would be interested in what you think about Cantourage Group. The German start up makes cannabis and has been on the stock market for a few weeks. The stock is also now trading at scalable capital.

14 Comments

Michael H.@justoxford

2Yr

The best is the tick name 😂

•

Diplomat-Investor MANGFO@TogetherWeAreStronger

2Yr

@justoxford haha thanks dir👍🏽

••

Leonard@Osiriz

2Yr

Is a hype. Except for the fact that growing the plants is currently still illegal and therefore the speculators' profit expectations are much too high, it is a normal business for any tobacco company. This will then be incorporated as a new business segment. I see absolutely no need for start-ups. What are they supposed to do better in breeding, harvesting or marketing than established tobacco companies?

•

Diplomat-Investor MANGFO@TogetherWeAreStronger

2Yr

@Osiriz thanks for the in-depth analysis. Good question! maybe marketing as established tobacco companies, the future will tell us. Potentiel to establish itself in this time where cananbis is legalized I see a bit....

••

Staatsmann@Staatsmann

2Yr

@NeoInvestor If so, the tobacco lobby will be right at the forefront and can start up its marketing factory just in time for legalization.
No start-up that burns money until then will be able to keep up.

(As with other regulations, the lobbyists will do their bit).

•

Diplomat-Investor MANGFO@TogetherWeAreStronger

2Yr

@Staatsmann So this business is fraught with as many risks as bombs on a battlefield🤔

••

Staatsmann@Staatsmann

2Yr

@NeoInvestor Not quite, as all the tobacco and addictive products and general "sin" products are always in demand.
(Presumably the worse the economic situation, the greater the demand).

But as many write here:
With cannabis, the typical corporations will win in the end.

••

Diplomat-Investor MANGFO@TogetherWeAreStronger

2Yr

@Staatsmanngood to know, thanks dir👍🏽

••

Staatsmann@Staatsmann

2Yr

Distance.
The German market for cannabis would be negligible internationally and if there were to be large waves of legalization globally, I would rather bet on BAT, PMI and the like than on a small start-up.

But in general, I don't think much of the cannabis market.

•

Diplomat-Investor MANGFO@TogetherWeAreStronger

2Yr

@Staatsmann Thanks for your Meinung👍🏽, that sounds a lot riskier than I thought.

••

Staatsmann@Staatsmann

2Yr

@NeoInvestor The cannabis market is extremely small, even in the health sector. (Only a few people believe that cannabis is an "all-round wonder drug" and is "suppressed by the evil pharmaceutical lobby.")

••

Diplomat-Investor MANGFO@TogetherWeAreStronger

2Yr

@Staatsmannreally logical what you are saying meinst👌🏼, I think I will wait for the first quarterly figures.

••

Michael@Wellenreiter

2Yr

Servus, the hype that has been over for ~2 years. If you have anything left, you can gamble. The risk would be too high for me. They're sprouting up like mushrooms😉

••

Diplomat-Investor MANGFO@TogetherWeAreStronger

2Yr

@Wellenreiter Hello back, then maybe I'll have to wait a bit until the company delivers its figures

••