How much money does stock trading make motley fool 1 pot stock
Jul 9, at AM. What's not clear is whether Aphria will remain an independent entity during the industry's maturation phase. Search Search:. If you're looking for a pot stock to invest in, then Curaleaf's one of the better ones to buy right. Since the beginning of the year, marijuana companies have seen dramatic declines due to concerns regarding oversupply in Canada and the uncertainty of legalization in the U. Planning for Retirement. The company historically sells lawn and garden products, and that market doesn't face many of the risks associated with cannabis products. Stock Market. Planning for Retirement. About Us. Oct 21, at AM. Investors who dig into the meat and potatoes of Aurora Cannabis will also find an ugly balance sheet. But there's a veritable laundry list of things not to like about the most popular pot stock among millennial investors. Fool Podcasts. Investing What this all boils down to calculate covered call profit fun stock trading games that Aphria clearly needs to go big-game hunting to level the playing field against its chief Canadian rivals, Aurora and Canopy. F Cresco Labs Inc. Retired: What Now? Have I mentioned the importance of profits during periods of panic? While that's a bit rich for some industries, it's fairly reasonable best airline stock to own no commission stock trading app the cannabis industry. Here's what investors need to know. Planning for Retirement. The company ended up staying on the exchange, but in order to do so, it made a reverse stock split. Related Articles. While Canadian peers are struggling to hit profitability, these two U.
4 Pot Stocks to Buy If the Stock Market Crashes
About Us. Stock Market Basics. F Next Article. Planning for Retirement. Evaluate the top marijuana stocks and exchange-traded funds ETFs. Can Cannabis 2. Cannabis is the scientific name of the plant the genus that houses three how are fixed income etfs taxed td ameritrade high yield bonds. Green Thumb has 48 operational stores at the moment, but has the licenses in its back pocket to open as many as 96 retail locations in 12 states. You might also want to check out marijuana-focused exchange-traded funds ETFs. Aphria definitely has the means to remain in the game for the long haul. Industries to Invest In. Chief among them, the company's Latin American asset scandal has raised serious concerns about its corporate culture. You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of. With HEXO issuing stock via at-the-market offerings and continuing to dilute its shareholders, there's simply no reason for investors to be excited about this cannabis stock. Many investors come to expect losses from cannabis companies.
Buckle up and hold on, because it's been a wild year for investors. New Ventures. If Aphria can continue to find ways to trim its costs, it'll only make the company's profits more sustainable and likely to continue in future periods, and that's why it may be one of the safer pot stocks to invest in today. Investors didn't like what they heard during the Canadian cannabis producer's announcement on Friday. As a result, it has become paramount to invest only in cannabis stocks with comfortable cash positions that can weather significant business headwinds. While Canadian peers are struggling to hit profitability, these two U. F Next Article. New Ventures. Stock Advisor launched in February of Sales commenced on Jan. Momentum for these marijuana stocks from the first half of the year should continue in the second half, too. Search Search:. Apr 11, at PM. These cultivation and processing sites are leased for a weighted-average length of Aside from being devoid of a clear strategy, Tilray's foray into the U. After all, the industry's still in its early stages and it's undergoing a lot of growing pains. For many, avoiding individual investments in the marijuana space entirely is the right call. A big obstacle for both Aurora and Canopy Growth has been their struggle to stay out of the red. Search Search:.
Aurora Cannabis
At a time when cash is king, which cannabis company is better suited to cover its losses without the expense of diluting shareholders? The Ascent. F Cresco Labs Inc. The Ascent. Best Accounts. By focusing on one market, Trulieve has demonstrated an effective blueprint to building up its brand and keeping its marketing costs down. Trulieve being in the black isn't a surprise anymore, and investors have come to expect it. Join Stock Advisor. Its actions include closing down two greenhouses in British Columbia and an indoor facility in Saskatchewan.
Cannabis is made up of nearly chemical constituents, including many dozens of cannabinoids substances that act on the body's cannabinoid receptors. Search Search:. Recent articles. Industries to Invest In. Global marijuana markets are growing like a weed. May 20, at AM. Investing As a bonus, Aphria's shares are also trading at a steep discount relative to the other big-name Canadian licensed producers. THC Cannabis is made up of nearly chemical constituents, including many dozens of cannabinoids substances that act on the body's cannabinoid receptors. The Ascent. Stock Market Basics. Image source: Getty Images. Despite enticing long-term growth prospects, a much-needed shakeout of the industry has been occurring over the past 15 months. Only the most aggressive investors who can tolerate high levels of risk should jump in. Stock Market. Though these are somewhat seasonal and weather-dependent items, best bookkeeping software for day trading company money flow index wsj for traditional lawn, garden, and crop-care products has picked up significantly because of people being stuck at home due to the pandemic. As a result, it has become paramount to invest only in cannabis stocks with comfortable cash positions that can weather significant business headwinds. Which pot stocks mongolian stock exchange trading hours ishares preferred share etf canada what it takes?
2 Marijuana Stocks With the Most Cash in 2020
In March, the company announced it would be acquiring BlueKudu, which produces premium edible products in the state. The purchase of Ohio's Sunlight Supply in expanded its product portfolio and brought in additional revenue tos thinkorswim paper trade scan stuyd ally trading software small and medium-sized businesses. The one caveat is COVID and the role it may play in impacting sales growth, not just for Valens best cryptocurrency exchange bitcoin account australia all pot stocks. Trading on a major exchange can give a company access to a significant pool of investors, meaning easier access to funding and expedited growth. The Ascent. Here's what investors need to know. These regulatory roadblocks, in turn, are already starting to separate the contenders from the pretenders. Related Articles. These extremely popular stocks aren't the bargains you might think they are. Join Stock Advisor. New Ventures. Industries to Invest In. Sushree Mohanty Jul 4, Author Bio Keith began writing for the Fool in and focuses primarily on healthcare investing topics. Related Articles. Join Stock Advisor. If you think the stock market has had a wild go of things lately, take a gander at marijuana stocks over the past three years. Image source: Getty Images. Image source: Getty Images.
Both companies have struggled with profitability and growing their sales in recent quarters. However, shifting the company's strategy just six months after Canadian weed sales commenced hasn't exactly worked out. F Next Article. For instance, the company that was once touted as the biggest weed producer is now scrambling to reduce its operating expenses. Medical vs. The Ascent. These regulatory roadblocks, in turn, are already starting to separate the contenders from the pretenders. F Next Article. Retired: What Now? Following these seven steps can help you navigate this exciting and challenging investing opportunity. Not only is the stock a more stable buy because it's a REIT, but you'll earn a dividend as well.
1 Pot Stock That's a Hotter Buy Than Aurora and Canopy Growth
Related Articles. Who Is the Motley Fool? Village Farms has a Search Search:. Stock Market. Getting Started. As a REIT, it's a safe bet to post a profit since it's effectively collecting rent payments from its tenants, not actually growing pot, and taking on the underlying risks involved. Retired: What Now? Stock Market. Recreational Cannabis: Which Is the Future? With a good cash balance, it may not need to issue shares in order to keep its operations going. Stock Market Basics. Who Is the Motley Fool? With these deals, IIP acquires a property for cash, then immediately leases it back ninjatrader turn off order sounds ocio-technical system of high frequency trading the seller. Despite selling assets and laying out a massive restructuring plan, shares fell back after a big May run. Invest carefully. Better Cannabis Stock: Aphria vs. Getting Started. Not only are its sales better, but Curaleaf's already in a better position in terms of profitability than both Aurora and Canopy Growth. In the company's third-quarter resultsreleased April 14, the pot producer showed that it had doubled its sales from the prior-year quarter while also posting a profit for the third time in four quarters.
Fool Podcasts. A reverse stock split may fix one problem -- staying on a major exchange -- but it won't get investors excited about a stock. Lastly, the company's cash position remains precarious , even after a huge capital raise during the height of the coronavirus sell-off. Hence, cannabis investors may find it a smart idea to add the latter into their core holdings. It was not uncommon for cannabis stocks to have delivered triple-digit or quadruple-digit gains to their shareholders. Personal Finance. Supply issues in select Canadian provinces, high tax rates on legal product in the U. F Next Article. Stock Advisor launched in February of
Aphria's strengths and weaknesses
Retired: What Now? It also hasn't helped that regulatory-based supply issues in Canada and high tax rates in select U. F has done a great job of consistently staying out of the red. Global marijuana markets are growing like a weed. Getting Started. Jul 9, at AM. Supply issues in select Canadian provinces, high tax rates on legal product in the U. Related Articles. Retired: What Now? Who Is the Motley Fool? And they're probably among the first names that come to mind when thinking of the industry, but that doesn't make them great buys. Curaleaf's acquisition of Select last year gave the company a strong footprint in California and other states on the west coast.
Planning for Retirement. The acquisition of a high-end cannabis retailer in America, for instance, would go a long way toward securing a spot for the company in the pantheon of big weed. Many investors come day trading wealth best months to invest in stock market expect losses from cannabis companies. Not only is the stock a more stable buy because it's a REIT, but you'll earn a dividend as. This was followed by a rally during the second quarter that registered as the strongest since Only THC is psychoactive i. Then reality sunk in during April Getting Started. Personal Finance. Best Accounts.
Marijuana Stocks
In other words, it's starting to look like it has the tools and management team to be a big-time winner in the U. Join Stock Advisor. Recreational Cannabis: Which Is the Future? With a good cash balance, it may not need to issue shares in order to keep its operations going. Retired: What Now? Then reality sunk in during April Although the company did benefit from fair value adjustments, Aphria's also made progress in keeping asctrend binary options probability miter indicator forex factory costs under control amid the high growth. However, given the uncertainty in the markets, I'd avoid it for the time being and wait until the company releases its macd divergence strategy reverse triple typical pharma stock price results before making a decision on whether to buy it. Not only is the stock a more stable buy because it's a REIT, but you'll earn a dividend as. For an investor's purposes, marijuana is synonymous with cannabis, as are more informal nicknames like pot, weed, ganja, dope, grass,sticky icky. Join Stock Advisor. And what's even more impressive is that in all but one of thinkorswim variance trading signals mt4 terms quarters, it has recorded positive operating income. Another hot market that Curaleaf's getting into is Colorado. It's definitely a better buy than its peers, but cannabis in general has been very volatile. On May 20, the Florida-based pot producer released its first-quarter results of Personal Finance. After all, if you buy broad index funds, you're covered no matter what sector of the stock market does. But these figures don't mask what a major disappointment Tilray has been since its astronomical post-IPO run in September After getting hammered this year, this cannabis stock looks like a bargain on the surface. Personal Finance.
Join Stock Advisor. Marijuana vs. Image source: Getty Images. The move into Colorado will give Curaleaf a position in the next best market outside of the Golden State. F Charlotte's Web Holdings, Inc. Stock Market. For an investor's purposes, marijuana is synonymous with cannabis, as are more informal nicknames like pot, weed, ganja, dope, grass, , sticky icky, etc. Despite selling assets and laying out a massive restructuring plan, shares fell back after a big May run. David Jagielski TMFdjagielski. Aside from being devoid of a clear strategy, Tilray's foray into the U. Many investors come to expect losses from cannabis companies. Stock Market Basics. Best Accounts. You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. The Ascent. Liquidity is a key consideration when investing in pot stocks, and in Q3, Aphria had About Us. With a focus on the U.
The NYSE's $1 requirement may push one company to make a big decision
Here are two high-growing cannabis companies that are likely to continue their momentum. David Jagielski TMFdjagielski. It should provide cannabis investors with a relatively stable investment this year when compared to other pot stocks. For those who buy in, keeping your marijuana exposure to a small percentage of your overall portfolio limits your risk. Follow keithspeights. If you think the stock market has had a wild go of things lately, take a gander at marijuana stocks over the past three years. Who Is the Motley Fool? A lot depends on the strength of the economy. Best Accounts. Now for the fun part: digging into the top marijuana stocks. May 20, at AM. By comparison, Aurora generated just While Canadian peers are struggling to hit profitability, these two U. Trading on a major exchange can give a company access to a significant pool of investors, meaning easier access to funding and expedited growth. While there may be many cannabis companies in danger of going under this year, Aphria doesn't look to be one of them. Oklahoma's been one of the hottest markets for medical marijuana in the country. Marijuana vs. Despite selling assets and laying out a massive restructuring plan, shares fell back after a big May run. Investing in any type of asset comes with some degree of risk.
That wouldn't necessarily be a bad outcome for current shareholders, but it would almost certainly fall well shy of a million-dollar payday. Innovative Industrial Properties has also taken advantage of lawmakers' inability to pass cannabis banking reform at the federal level. Stock Market. Planning for Retirement. However, if you're a risk-averse investor, then the best option may be Innovative Industrial. And as the icing on the cake, Innovative Industrial Properties is the only pure-play pot stock that pays a dividend. Cannabis is made up of nearly chemical constituents, including many dozens of cannabinoids substances that act on the body's cannabinoid receptors. If the growth you were counting on doesn't materialize, you should reevaluate your assumptions. Aphria has three well-defined value drivers :. Although the company did benefit from fair value adjustments, Aphria's also made progress in keeping its costs under control amid the high growth. Until the pot stock can show significant progress in its earnings reports and demonstrate a realistic possibility of breaking even, this is a stock investors should stay far away. But that hasn't been enough to turn the stock price around, as a negative outlook for the industry as a whole has kept Aphria's valuation from rising this year despite positive results. Best Accounts. Best Accounts. And so it should come as no surprise that the San Diego-based company has my bitcoin account crypto exchange reviews usa a profit in each of its last 10 quarters. Trulieve being in the black isn't a surprise anymore, and investors have come to expect it. These extremely popular stocks aren't the bargains you might think they are.
Curaleaf has more potential growth and its numbers are more impressive.
This population bottleneck, if you will, offers investors a truly compelling opportunity right now. About Us. Food and Drug Administration put its foot down on the use of CBD as an additive to food and beverages. Personal Finance. About Us. Then reality sunk in during April Understand the types of marijuana products. Recreational Cannabis: Which Is the Future? The best defense during a market downturn is usually a good offense. New Ventures. Search Search:. Planning for Retirement. F Charlotte's Web Holdings, Inc. Until the pot stock can show significant progress in its earnings reports and demonstrate a realistic possibility of breaking even, this is a stock investors should stay far away from. For an investor's purposes, marijuana is synonymous with cannabis, as are more informal nicknames like pot, weed, ganja, dope, grass, , sticky icky, etc. With this type of impressive growth, it's no wonder that many investors are interested in publicly traded cannabis stocks. The inherent structural weaknesses in the Canadian market -- such as too few retail locations per province -- have wrecked havoc on quarterly earnings reports in the latter half of , as well as earnings forecasts for It also hasn't helped that regulatory-based supply issues in Canada and high tax rates in select U.
Fool Podcasts. Search Search:. Until the pot stock can show significant progress in its earnings reports and demonstrate a realistic possibility of breaking even, this is a stock investors should stay far away. Investing Green Thumb has 48 operational stores at the moment, how to buy bitcoin in vnd with credit card verify identity again has the licenses in its back pocket to open as many as 96 retail locations in 12 states. If the growth you were counting on doesn't materialize, you should reevaluate your assumptions. The acquisition of a high-end cannabis retailer in America, for instance, would go a long way toward securing a spot for the company in the pantheon of big weed. Investors didn't etrade and zelle blackrock covered call fund what they heard during the Canadian cannabis producer's announcement on Friday. Retired: What Now? Only the most aggressive investors who can tolerate high levels of risk should jump in. The danger for Aurora investors is that a reverse stock split could make it an attractive option for short-sellers, and that could lead to more losses along the way. Stock Market Basics. Here are two high-growing cannabis companies that are likely to continue their momentum. Stock Market Basics. With HEXO issuing stock via at-the-market offerings and continuing to dilute its shareholders, there's simply no reason for investors to be excited about this cannabis stock. Retired: What Now? Image source: Getty Images. Join Stock Advisor. F Next Article. Stock Market. Investing
If the stock market turns red, these cannabis stocks could have investors seeing green.
Search Search:. How are these two companies approaching these segments? After all, Aurora and Canopy both sport several operational advantages economy of scale, vertical and horizontal bandwidth, etc. Curaleaf's acquisition of Select last year gave the company a strong footprint in California and other states on the west coast. Between rising inventory levels and idled facilities, it's my contention that more than half of Aurora's total assets may need to be written down. Personal Finance. Stock Advisor launched in February of Stock Market Basics. U data by YCharts. Aphria definitely has the means to remain in the game for the long haul. As the cannabis market grows and a company's increasing revenue and earnings confirm your investment thesis, you can add more shares. Image source: Getty Images. New Ventures. This helps multistate operators gain access to cash, while giving IIP a long-term tenant.
Join Stock Advisor. Search Search:. Curaleaf's acquisition of Select last year gave the company a strong footprint in California and other states on the west coast. If the stock market turns red, these cannabis stocks could have investors seeing green. Image source: Getty Images. Follow keithspeights. Innovative Industrial reported its first-quarter results on May 6. Planning for Retirement. These regulatory roadblocks, in turn, are already starting to separate the contenders from the pretenders. Have I mentioned the importance of profits during periods of panic? Stock Market Basics. Although the cost to acquire new assets can best indicators for day trading fiorex raghee horner forex pricey, the ongoing maintenance of these assets is minimal, leading to a relatively low-cost business model with predictable cash flow.
This Underrated Pot Stock Is a Scorching Buy
Pure plays are riskier than more diversified plays. For an investor's purposes, marijuana is synonymous with cannabis, as are more informal nicknames like pot, weed, ganja, dope, grass,sticky icky. Best Accounts. Investing What's encouraging is that the British Columbia-based company still has a lot of growth to come, noting that it has 25 stock keeping units SKUs across five product lines that are in development. Who Is the Motley Fool? New Ventures. Outside of Florida, Trulieve has just two retail how to calculate vwap excel most popular trading software open. Both companies have struggled with profitability and growing their sales in recent quarters. Lastly, the company's cash position remains precariouseven after a huge capital raise during the height of the coronavirus sell-off. Related Articles.
Stock Advisor launched in February of Who Is the Motley Fool? And as the icing on the cake, Innovative Industrial Properties is the only pure-play pot stock that pays a dividend. Normal stock considerations, including: Management team Growth strategy Competitive position Financials ideally either profitability or strong balance sheet Cannabis production costs "All-in" cost of sales per gram Cash cost per gram For Canadian companies, the extent of international operations and distribution Dilution risks via warrants and convertible securities 5. With Curaleaf expanding into some hot markets and already generating tremendous sales, it's in a good position to establish itself as the undisputed industry leader this year. After all, Aurora and Canopy both sport several operational advantages economy of scale, vertical and horizontal bandwidth, etc. That being said, the dynamics of the marijuana industry are rapidly changing. Image source; Getty Images. It should have no trouble remaining profitable , even if the stock market crashes. Getting Started. Stock Market Basics. Investing But these figures don't mask what a major disappointment Tilray has been since its astronomical post-IPO run in September Industries to Invest In. A reverse stock split may fix one problem -- staying on a major exchange -- but it won't get investors excited about a stock. Image source: Getty Images. About Us. Pure Sunfarms has been profitable for five consecutive quarters. Sales commenced on Jan.
Despite Doubling, These Cannabis Stocks Are Bad News
Green Thumb has 48 operational stores at the moment, but has the licenses in its back pocket to open as many as 96 retail locations in 12 states. Tremendous growth should be in store for the global marijuana industry, but it might not come as evenly as you'd prefer. What's not clear is whether Aphria will remain an independent entity during the industry's maturation phase. While the company is growing organically, acquisitions have played a key role in its success. Monitor changing industry dynamics closely. A key part of that success has been the company's focus on keeping its costs. As of July 1, Innovative Industrial Properties owned 58 properties of which all but one was leased out in 15 states. Recent trading pit hand signals book how to use renko charts to day trade with tradingview. F has done a great job of consistently staying out of the red. The one caveat is COVID and the role it may play in impacting sales growth, not just for Valens but all pot stocks. Getting Started. Stock Market. CBD vs.
The company recently opened up its 50th store in the Sunshine State, which is a big reason it holds the lion's share of Florida's medical marijuana revenue. With this type of impressive growth, it's no wonder that many investors are interested in publicly traded cannabis stocks. And what's even more impressive is that in all but one of those quarters, it has recorded positive operating income. F is a smart pot stock to consider buying. Its actions include closing down two greenhouses in British Columbia and an indoor facility in Saskatchewan. New Ventures. Know the different types of marijuana stocks. F has done a great job of consistently staying out of the red. But as in any nascent industry, there are also loads of risks and bad actors. Best Accounts. Who Is the Motley Fool?
How to Invest in Marijuana Stocks
In March, the company announced it would be acquiring BlueKudu, which produces premium edible products in the state. Marijuana stocks are both risky and highly volatile; putting too much of your investment portfolio into any marijuana stock or ETF isn't wise. But some cannabis stocks, despite doubling in price, remain bad news for investors and should be avoided at all cost. There are also different types of marijuana stocks , and the three primary ones are:. And what's even more impressive is that in all but one of those quarters, it has recorded positive operating income. David Jagielski TMFdjagielski. Investing The Canadian pot producer's profits have been less consistent, although Village Farms has still hit breakeven or better in four of its last six quarterly results. Illinois became the first state to legalize the consumption and retail sale of adult-use cannabis entirely through the legislative process. This cash isn't going to last long with the way Tilray is losing money. Image source: Getty Images.
Join Stock Advisor. Retired: What Now? One of the difficulties in understanding the marijuana industry is the jargon. The Ascent. Whether you're a first-time investor or a seasoned veteran, it pays to understand all of the moving parts. The big-picture issue is that the handful of names that survive the industry's rather volatile infancy should prove to be tremendous wealth generators for early-bird investors. Personal Finance. Fool Podcasts. Image source; Getty Images. Global marijuana markets are growing like a weed. Image source: Getty Images. If the stock market turns red, these cannabis stocks could have investors seeing green. Investing CBD vs. Hawthorne supplies hydroponic equipment to indoor marijuana security stocks can u make money with stocks and bonds, along with an assortment boxxer gold corp stock quote stock price of sun pharma advanced lighting, nutrient, and soil solutions. Trulieve has posted a profit in each of its last seven quarters. Who Is the Motley Fool? We just went step-by-step through how to invest in cannabis, but just because there's a trendy new sector with lots of press and potential growth doesn't mean you need to put your hard-earned money in it. The criteria you should use to make a buying decision could be dramatically different just a few months down the road. You might also want to check out marijuana-focused exchange-traded funds ETFs.
What is the change column in a stock chart pvh finviz source: Getty Images. Fool Podcasts. Aphria has three well-defined value drivers :. What this all boils down to is that Aphria clearly needs to go big-game hunting to level the playing field against its chief Canadian rivals, Aurora and Canopy. Why Aurora Cannabis Fell Author Bio George Budwell has been writing about healthcare and biotechnology companies at the Motley Fool since Even aggressive investors should buy in only after completing the five previous steps. Furthermore, Aurora Cannabis is what investors might call a serial diluter. Less aggressive investors might prefer a stock like Scotts to a more pure-play marijuana stock like Canopy Growth.
Who Is the Motley Fool? Jul 9, at AM. That makes this stock one that investors should rightly avoid. However, pot stocks have again found new life since the broader market bottomed out on March Personal Finance. The Ascent. Stock Advisor launched in February of Another hot market that Curaleaf's getting into is Colorado. At a time when cash is king, which cannabis company is better suited to cover its losses without the expense of diluting shareholders? New Ventures. We just went step-by-step through how to invest in cannabis, but just because there's a trendy new sector with lots of press and potential growth doesn't mean you need to put your hard-earned money in it. Less aggressive investors might prefer a stock like Scotts to a more pure-play marijuana stock like Canopy Growth. But should that happen, it doesn't mean investors should avoid the highly volatile cannabis industry. With coronavirus cases once again climbing in the United States, it's not out of the question that the stock market will plunge for a second time in Recently, Green Thumb has placed a lot of focus on its expansion into Illinois and Nevada. Who Is the Motley Fool? Stock Advisor launched in February of Stock Market. About Us. Investing
Industries to Invest In. Chief among them, the company's Latin American asset scandal has raised serious concerns about its corporate culture. THC Cannabis is made up of nearly chemical constituents, including many dozens of cannabinoids substances that act on the body's cannabinoid receptors. U data by YCharts. Getting Started. Green Thumb also looks to be on track to become profitable on a recurring basis perhaps even in Join Stock Advisor. Join Stock Advisor. Related Articles. Illinois became the first state to legalize the consumption and retail sale of adult-use cannabis entirely through the legislative process. F Cresco Labs Inc. But that also makes it a good opportunity to buy the stock today, while it's trading at a relatively cheap price.
