If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Marketwatch)   Now that we've spent the afternoon figuring out whether to smoke it or eat it, the next logical question is, "How can we invest in it?"   (marketwatch.com) divider line 23
    More: Interesting, small-cap, marijuana dispensary, chronic illnesses, University of Denver, LSE, marijuana legalization, Quentin Fottrell  
•       •       •

1622 clicks; posted to Business » on 14 Nov 2012 at 10:37 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



23 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread
 
2012-11-14 08:58:09 AM  
By becoming a drug lord and paying off certain members of Congress to keep it illegal, thus keeping supply down and demand up.

Duh!
 
2012-11-14 10:43:21 AM  
I predict that the Zoidberg method will pay off.

www.pequepuzzle.com
 
2012-11-14 11:08:43 AM  
Yes, a nation of drug dealers. It's our destiny!
 
2012-11-14 11:12:29 AM  
fed gov needs to drop its opposition to cannabis.
 
2012-11-14 11:16:12 AM  

HotIgneous Intruder: Yes, a nation of drug dealers. It's our destiny!


We started as slavers.
 
2012-11-14 11:24:11 AM  
Funny. Earlier this year I invested in a company that works with Marijuana (CBIS) and tripled my money. I then put that money in to another stock "in the industry" (RFMK) and lost almost all of it.

Basically, all of my profits "went up in smoke".
 
2012-11-14 11:27:56 AM  
I would recommend anyone who has the money to do invest contact the owners of dispensaries directly. NONE of the banks will do business with them, so they're always looking for private financing and from what I've heard they give 20-30% interest rates on short term loans.
 
2012-11-14 11:33:20 AM  
Wall Street is interested now? That pretty much means the end to prohibition. They can't let someone else make money in a budding industry.
 
2012-11-14 11:34:25 AM  
Thank you marketwatch article. I had never heard of ploom before and their product is very intriguing
 
2012-11-14 11:39:11 AM  

8 inches: Funny. Earlier this year I invested in a company that works with Marijuana (CBIS) and tripled my money. I then put that money in to another stock "in the industry" (RFMK) and lost almost all of it.

You could say my profits... went up in smoke.


YEEAAAH!
 
2012-11-14 11:43:16 AM  

StoPPeRmobile: HotIgneous Intruder: Yes, a nation of drug dealers. It's our destiny!

We started as slavers.


Good point.
We're movin' on up in the whirld, ain't we?
 
2012-11-14 11:45:47 AM  

AngryDragon: Wall Street is interested now? That pretty much means the end to prohibition. They can't let someone else make money in a budding industry.


It had a great budding industry back when it was cheaper and easier than timber or cotton for so many applications.

That amounted to jack and squat.
 
2012-11-14 11:50:49 AM  

HotIgneous Intruder: Yes, a nation of drug dealers. It's our destiny!


You mean:

Pfizer
Proctor and Gamble
Abbott Labs
etc.
etc..
etc..
?

I'm not one to argue for legalization, but really...

What is the difference between manufacturing drugs that treat symptoms in a lab (some of which have addiction and other nasty side effects,) and responsibly distributing a naturally occurring drug that treats symptoms (that also has mild/moderate side effects?) Just because there wasn't a fear craze in the media that minority dock workers hopped up on oxycontin would rape your housewife while you were at work is no basis on which to create a national drug policy.

Talk about seeing the violence inherit in the system, sheesh...
 
2012-11-14 11:51:10 AM  

MurphyMurphy: AngryDragon: Wall Street is interested now? That pretty much means the end to prohibition. They can't let someone else make money in a budding industry.

It had a great budding industry back when it was cheaper and easier than timber or cotton for so many applications.

That amounted to jack and squat.


I like the cut of your jib.
 
2012-11-14 11:54:04 AM  

Communist_Manifesto: I would recommend anyone who has the money to do invest contact the owners of dispensaries directly. NONE of the banks will do business with them, so they're always looking for private financing and from what I've heard they give 20-30% interest rates on short term loans.


Whatever, commie.
 
2012-11-14 11:54:09 AM  

HotIgneous Intruder: StoPPeRmobile: HotIgneous Intruder: Yes, a nation of drug dealers. It's our destiny!

We started as slavers.

Good point.
We're movin' on up in the whirld, ain't we?


Its when we get to "pimps" stage that things will get interesting...
 
2012-11-14 12:14:15 PM  

kindms: Thank you marketwatch article. I had never heard of ploom before and their product is very intriguing


Looks like a dead end.

Batteries is where it's at.
 
2012-11-14 12:38:44 PM  

moos:
What is the difference between manufacturing drugs that treat symptoms in a lab (some of which have addiction and other nasty side effects,) and responsibly distributing a naturally occurring drug that treats symptoms (that also has mild/moderate side effects?)


The big difference is that if you're making a prescription drug, you have to jump through about ten years of clinical trials to establish safety and efficacy, and you also have to jump through millions of hoops to ensure that the same quantity of the active ingredient (or quantities of active ingredients) is present, at the same bioavailability, in every metered dose.

It's the difference between having "a beer" and of 15.0mL of ethanol diluted in a 330mL solution of distilled water, and it's probably why users of cannabis who have also used Marinol (THC in FDA-approvable form) have reported differences between the two. As long as cannabis remains on Schedule I, no pharmaceutical company will ever invest the hundreds of millions of dollars in R&D to find out exactly what the difference is.

As to the recent activity in microcap and OTCBB stocks in the article, the adage of "buy the rumor, sell the news" may apply, but so also may the old saying about the real way to make money in a gold rush isn't to go mining for gold, it's to sell picks and shovels to the miners. Even if Prohibition prevents the brewery or distillery from being publicly listed, the company that sells empty brown soda bottles and bottle cappers may still see growth in sales.

Whatever your position on legalization, charting the activity in these stocks over the past year, and cross-correlating with polling data for the statewide propositions, could be the foundation of a viable playbook for how to profit from any ballot propositions that will be coming in the 2014 midterms and the 2016 race.
 
2012-11-14 01:34:47 PM  

HotIgneous Intruder: Yes, a nation of drug dealers. It's our destiny!


You say that like we aren't already there...

www.iamnotastalker.com

www.kpharmacy.co.uk
 
2012-11-14 01:53:10 PM  

StoPPeRmobile: kindms: Thank you marketwatch article. I had never heard of ploom before and their product is very intriguing

Looks like a dead end.

Batteries is where it's at.


huh ?

It says it has an internal LiOn battery and a recharging station ?
 
2012-11-14 03:00:34 PM  

GanjSmokr: HotIgneous Intruder: Yes, a nation of drug dealers. It's our destiny!

You say that like we aren't already there...

[www.iamnotastalker.com image 425x318]

[www.kpharmacy.co.uk image 400x300]


Forgot one...
news.medill.northwestern.edu
 
2012-11-14 06:42:55 PM  
good lord, y'all really think the Feds are going to let you folks enjoy yourself? may as well piss it away at the race track. we've already seen other pro-maryjane states get trampled on, watch history repeat itself but don't throw your money at it.
 
2012-11-15 12:26:36 AM  

StoPPeRmobile: HotIgneous Intruder: Yes, a nation of drug dealers. It's our destiny!

We started as slavers.


. . . and drug dealers. (true story)

Full circle where it counts. Good thing we got rid of the slavers bit.
 
Displayed 23 of 23 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »






Report