In states with adult-use legalization or a medical marijuana program, you can buy seeds within your own state, either at a dispensary or through a specific seed company’s website.
Seed banks exist outside of the US and can sell them for “souvenir purposes,” but it is illegal to bring seeds into the US and Customs will seize any cannabis seeds they find in packages or on a person.
How to buy cannabis seeds online
If you want six total cannabis plants to harvest for buds and are growing from regular seeds, start with about 4 times as many, or 24 seeds. Some won’t germinate and some will turn out to be males, and then you’ll want to discard down to the six best phenotypes. If growing feminized seeds, you can probably start with about twice as many seeds in this case (about 12); a couple won’t germinate, and then discard down to the six best phenotypes.
Cannabis seeds usually come in a pack of 10 or 12 seeds and start at around $40 a pack and go up from there. Some high-end genetics can run between $200 to $500 a pack.
When you grow any amount of seeds, a percentage of them won’t germinate, even if you get them from a reputable breeder. Always count on a few not germinating or dying off, or roughly 1/4 of the total you put in the ground.
Cannabis growers and retailers
When considering any marijuana stock, you should:
Here’s all you need to know about each of these seven steps.
4. Know what to look for in a top marijuana stock.
Even for aggressive investors, putting too much of your investment portfolio into any one marijuana stock or ETF isn’t wise. Consider starting with a small position in a marijuana stock and adding to your holdings as the cannabis market grows and the company increases its revenue and earnings. The investment becomes less risky as your investment thesis is confirmed, but if the company instead performs poorly, you should reevaluate your investment assumptions.
Data sources: Yahoo! Finance, Bloomberg. Data current as of July 12, 2021.
Marijuana Company Name
Here are a couple of marijuana ETFs to also consider adding to your portfolio:
The company paid $49 million for the companies, and an additional $18 million for the real estate. Approximately 61% was paid in Curaleaf stock, 29% in cash, and debt accounted for the remaining 10%.
In its Q1 2021 results, Altria said that it had a $100 million (5 cents per share) non-cash pre-tax unrealized gain due to the fair-value increase in its Juul investment. Altria's shares have delivered a market-beating 22% total return in 2021.
Be careful with CURLF, however. Like many marijuana stocks, Curaleaf is traded over the counter, sometimes at very thin volumes. That means limit orders and stop-losses are a must when investing. But for those willing to deal with the additional difficulty, CURLF could end up being one of the best marijuana stocks of 2021.
That soaring stock price has reduced its yield to about 2.4%, but IIPR remains one of the few marijuana stocks that produces any income. Making up for that is the REIT's stellar dividend growth. The payout has exploded by 460% since the start of 2018, to $1.40 per share, and has been raised multiple times each year in that time.
On the cannabis front, the company's German subsidiary, Aphria RX GmbH, completed its first German-grown cannabis harvest in early July. The product was grown at its 6,000-square-meter indoor grow facility in the German town of Neumünster.