Coke and Aurora Playing Together

Just a short post about what went down or up on the markets today and the latest earth shattering news on Aurora Cannabis.

Aurora Cannabis popped almost 17% today on news it is in talks with Coke to supply a cannabis infused beverage. This was the move I was hoping for and just recently wrote about. This was not a surprise after Canopy Growth agreed to get in bed with Constellation Brands so they could gain a foothold in the weed market and diversify it's company offerings. 

The question now is who's next?

The news is lots of beverage companies are looking at forming strategic relationships with cannabis companies. I suspect we'll see more consolidation and mergers in what will be a multi-billion dollar industry of the future. 

The medical and recreational markets will have to grow into their market caps and prove to investors that they can make money.

How many search engines do we have besides Google, Yahoo and Bing? It took awhile to flush out the small guys but they soon did. Remember Blockbuster? Before they became the big guy they whacked all the small mom and pop shops so you basically had no choice but to walk to the strip mall and rent movies from Blockbuster. Now we have Netflix, streaming and cord cutting is the future of home entertainment.

The same thing will happen in the pot industry. Many companies will just not be around tomorrow. One other company making money is CannTrust Holdings (TRST). I will be watching this company closely as an investment in medicinal marijuana.

Another huge area of potential will be delivery systems and how about companies that supply packaging and the immense amount of hardware used to grow the plants. Those are another couple potential areas of investment.

My growth stock picks are now up over 3% with, 5/6 of the companies in my open account now in the green. Today was a good day for ACB and DOL also gained back just over 2% so that was a nice bounce back day for Canada's favourite Dollar Plus Store.

Important Investing Points

• remember the wide moat philosophy of Buffett. ACB is starting to gain more of that moat with a partnership with Coke
• think long term 10-20 years with cannabis. This industry is just getting started in spite of legal medical marijuana since 2003
• look for big stable companies in this industry you believe have a chance to make profits well into the future
• research the other companies that will support and make the delivery of cannabis to patients and consumers readily available

The US market was down on more trade friction with China. FAANG stocks all down with AMZN dropping $61. I am seriously looking at buying into AMZN, Facebook and BRK.B.

BAT stocks still dropping, the bottom is not in yet but who knows. Wait for that base to form. Alibaba is getting tempting for those of us who missed the AMZN rocketship. I doubt I go into any emerging market stocks, as I don't like the instability of those markets. I'd rather buy Tesla which is becoming a turnaround story pretty quick. The selling continues.

All the DOCKS stocks also had a bad day with CSU giving back all of my gains. I'm up only $5 on my position. I really didn't think it would see these levels again. It's in my retirement account for at least the next 10 years. I love the company.

 NEVER GAMBLE WITH MONEY YOU HAVE SAVED FOR RETIREMENT

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What do you think about the Coke and Aurora partnership?