Just think, a few years ago the direct translation of that would have been:... I have been considering buying some very cheap stocks in the cannabis industry that are just recently publicly traded. Now is the time!
It'll be an ipo.I wonder which cannabis company will be the first one to sell their stock at $4.20 per share
Idk but I like the idea of owning it when it gets there!I wonder which cannabis company will be the first one to sell their stock at $4.20 per share
Nothing major will happen until the feds legalize it and regulate it, allowing banks to create business & personal accounts for those in the cannabis industry.Idk but I like the idea of owning it when it gets there!
CoF is right on. Iffy at best. Its a very unpredictable time because they're all relatively small, new and many have been reporting losses until recently.
It seems plausible that some of them will be winners in the long run, but its a crap shoot. Even so, if someone wanted to be active there could be some short term opportunities to play with.
Jig I don't have much of a head start at all. Here is some good reading that got me thinking. Bloomberg
As soon as they figure out how to get around the feds they will growing like we have never seenI don't like big business getting their hands in MJ... but I like it a whole lot more than seeing my friends go to prison.
The Kentucky tobacco farmers all ready grow massive amounts of good herb. There's no way these guys haven't all ready talked to their buyer's about this. I had a good friend from Kentucky and I was shocked the couple of times we stopped into his families farm. Their was as much weed as tobacco, he explained how marijuana was their counties 1st biggest crop and tobacco 2nd. I guess what I'm getting at is the tobacco farmers are all ready in place, and are highly regulated all ready. It would suck to see big business in it, but it would help out the little guys somewhere.As soon as they figure out how to get around the feds they will growing like we have never seen
Happy Sunday 600!Nothing major will happen until the feds legalize it and regulate it, allowing banks to create business & personal accounts for those in the cannabis industry.
Then we'll see how quickly fly the secret cannabis contingency plans big tobacco has in the wings.
They don't talk about it because the first rule of Grow Club is don't talk about Grow Club.
And then they'll start trying to buy out the small guys, whom I hope resists temptation.
Like all generations: we certainly do live in Interesting Times.