Buying stock in weed?

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I couldn't believe how cheap it was in Blaine Washington when I was there. And strong. I'm not sure how their laws and taxes are structured, but they have been making a killing for the states end of the revenue stream. The seller at the shop wasn't upset at all, he was equally stoked. If you can buy alcohol, I don't see any reason why you can't buy marijuana. There are stupid people that will consume both, but we don't judge the product only base on those individuals, do we? Marijuana isn't illegal because it's dangerous, it's because the government can, and has been profiting from it for decades. And they will as each state rules in favor of legalizing it. And if Uncle Joe gets his way, it will finally be legal on the federal level. Good for my friends on the west coast.
It isn’t up to Joe...it’s up to Congress. And we all know what a can of worms that is...

I deal with FDA and DEA on a regular basis for CBD and THC and until Congress makes a firm law regarding legalizing weed, it will remain a complete cluster f*ck for business development around it. Further, once FDA approves a Pharmaceutical drug using an active ingredient in weed, no one can legally put it in anything else even calling it a supplement. Just like you can’t put Viagra in Cheerios and call it a supplement.

The regulatory landscape is a complete nightmare.
 
It isn’t up to Joe...it’s up to Congress. And we all know what a can of worms that is...

I deal with FDA and DEA on a regular basis for CBD and THC and until Congress makes a firm law regarding legalizing weed, it will remain a complete cluster f*ck for business development around it. Further, once FDA approves a Pharmaceutical drug using an active ingredient in weed, no one can legally put it in anything else even calling it a supplement. Just like you can’t put Viagra in Cheerios and call it a supplement.

The regulatory landscape is a complete nightmare.
I know it's up to congress, it's one of Joe's wishes.

I can imagine what a mess it is behind the scenes.
 
I've reduced all my positions to 25%.
I hold Canopy, Aphria, Cronos, Hexo, and Cannabix for pot stks.
I'm playing with house money now, so nothin to lose.
Cannabix is a pot breathalyzer, just got it's patent, and should run for a while .
I'm also in AAPL, AMZN, QS, DOCU, TDOC, ZM, CWH, THO, amongst others, - all pretty much house money ..

HEY DONALD ! ! ! - the stock market is still going up, as it has for the last decade ! !.
DESPITE YOU ! ! !
Only because trillions of stimulus is being pumped into it. Wait till the new car smell wears off.
 
The stuff that's free will probably give you something you don't want to catch....

Tell me about it! I get it for free from my wife and I caught a life sentence. 17 years in.:BangHead:
 
As a recovering addict & bad guy I couldn't make another penny off of any drug & feel good about myself. But best of luck to anyone who does !
 
Why don't you buy stocks in poison . Much better returns . Come over to my house and I will show you the ashes of my son and grandson who started with weed . How about meth stocks ? Or crack ? I have no use for anyone who profits from someone's misery .
 
so what about it's straight laced brother hemp? here's a cheap stock for ya
Hemp is even a worse bet. The market is over-saturated and the only profitable part of it is the CBD they can extract and it faces the exact same regulatory risks I stated earlier. Once FDA gets busy enforcing the CBD restrictions on OTC products resulting from there being approved prescription CBD drug products, hemp is done.
 
Two years ago a invested about $3000 in a diverse cannabis portfolio, CBD only (drinks, oils etc) a few recreational use grower companies, packaging companies etc. within a few months i was up over $500 in growth and was getting ready to invest more. Then all of a sudden all of it started to tank to the point my value was at $1500. Dumped All investments , but for Charlottes Web (cbd) and rolled everything into that one. Quickly regained and after factoring transaction fees etc sold it off and got every dime out of the endeavor. Have been watching all the investments that I dumped, including the at the time good performing Charlottes Web, pretty much 80-90% less value now than at the time I dumped them. Phew!!! Too volatile for me (I knew that going in) You got extra money to play with by all means good luck. I’ll stick with my 401k :lol:
 
Yes. As soon as cannabis was legalized in Canada I started ordering it more often. Cannabis is often prescribed as a treatment to stop various inflammations. The main thing is to write the specific actions of cannabis and how it can help with pneumonia. Then the government will be interested in this idea. When my sister gave up gymnastics, her knee became inflamed (it looked terrible). This was due to the fact, that she began to accumulate fluid in the knee area (I don't remember the exact diagnosis). The doctors took out this liquid with a big syringe, every month. My sister suffered incredibly until one of our friends recommended her to order it at weedsmart.net. She was agreed to everything, and so she ordered cannabis. A month later, the knee began to return to normal and soon the inflammation passed. This situation has radically changed my attitude to cannabis.
 
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Governor of NM to sign legal recreational weed bill today. It's already medically legal and the stuff is everywhere. Schwag comes up illegally from Old Mexico, lots of local illegal and legal indoor growing, purchased medical MJ making it's around too. Wonder what the difference will be with Big Brother in the mix.
 
N.Y. Just got legal,,up to 3oz personal is not a crime,
Although I think 3oz is a lot of weed to be walking around with.but hey it’s also legal to change your gender,,,,so what do I know???
 
I work in the Pharmaceutical industry and specifically with two companies developing CBD and THC drug products. No way in hell would I invest in weed companies. The regulatory playing field is full of land mines and the rules keep changing daily. I saw one company bring $20 million in CBD into Canada only to have the government shut them down a few weeks later telling them that they couldn’t use it in product manufacturing, only research. They went bankrupt overnight.

The weed industry is like the California Gold Rush, with losers out numbering winners 50:1 on any given day. The difference with weed is that the Governments can say at any moment that you can’t do anything with it. Gold never had that problem.
Right now? It does appear to disorganized. (Like weed smokers? Lol) I'll wait.
 
Okay pot has been legal in Oregon for a couple years now the same for Washington state to compare it to opioids is uneducated fear, no one od's from smoking pot. And if you drink alcohol it's pretty hypocritical point of view nobody smokes pot and goes home and slaps there wife around or becomes a belligerent a******or gets pregnant at a way too young of age because somebody convinced her to drink some beers. The list goes on and on if you're honest with yourself. As far as investment it was somewhat lucrative in Oregon for a minute now the market's flooded high quality pot is ridiculously cheap. if you're doing it for investment purposes find somewhere where it's illegal LOL and it's heyday you could literally grow gold the prices were about the same pr ounce. Kids should not smoke it and it should not be available to them !! as far as adults go that's their choice.
 
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The difference with weed is that the Governments can say at any moment that you can’t do anything with it. Gold never had that problem.

I wish that were case. Unfortunately, the US Gov and "Fed" has screwed with gold owners for the last 100+ years.
gold-confiscation-poster.jpg
We just can't win.
 
I would not want to invest in anything that will add to the deterioration of the United States of America
 
You see, I do agree with you actually, I also think that on a long term they might be great and have a "boom", that would make the entire world speechless. However, let's be honest, it might happen in a couple of years, but it could also happen in a couple of decades! I do think that it would happen, but not soon, not at all, I would say at least 25 years from now on! I would rather invest those money in some great cbd blunt wraps that would actually help me relax after a really tough working day!
 
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The stuff that's free will probably give you something you don't want to catch.... :eek:

I started a VD clinic from scratch... :D
Did you run a house of ill repute by hand?

Here in MO we now have medicinal weed and next door in IL they have recreational. A friend in VA sent me a link to a website that lists dispensaries. Out of curiosity I took a look at the prices. Yes, it's a bit expensive but I don't know if the price includes tax. If not how could anyone afford it?
 
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