Not trying to debate if it should be legal or not, just curious if y’all feel it would be a good investment. With America slowly decriminalizing it seems like it has potential to boom in the near future. How does the green screen feel about this?
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Yes lots of ways to invest. Hemp as well as cannabis.
One problem is the feds. Most of the places I go to pick up my cannabis are still cash only.
Look at the Israel companies that are leaders in research and development of cannabis medicines and devices.
Acreage holdings and a few others in the US.
Hopefully the big gov. prohibitionist don’t get another cannabis thread killed.
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Yep. I've made some ok money on it and staying the course. I think it will be big once it's removed from the schedule 1 list and the banking regulations ease up so they can have interstate commerce. It wasn't going to happen with Sessions in but now that he stepped down, I don't know how his replacement feels about it.
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Originally posted by Hooverfb View PostIf past performance is any indicator, sure is worth it. Biggest risk at this point is the federal involvement. Would really suck if you wake up and the feds decide to finally enforce laws and wind up confiscating funds involved in funding federally illegal businesses.
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As far as pot stocks go it is still the “Wild, Wild West”. There are hundreds of them out there and they run the gamut from legit start-ups to 100% scam, “pump and dump” operations. The problem is it well nigh impossible to know one from the other. As of now few-to- none of them trade on exchanges like NYSE or the NASDAQ. That is important because to be listed there you have to meet some standard capital and financial reporting requirements. A ton of them trade in the pink sheets or “bulletin board” and there is no way to know if they are legit or not. You can get lucky and make money even on a scam if you catch it right I guess but caveat emptor.Last edited by jerp; 11-16-2018, 08:25 PM.
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Originally posted by jerp View PostAs far as pot stocks go it is still the “Wild, Wild West”. There are hundreds of them out there and they run the gamut from legit start-ups to 100% scam, “pump and dump” operations. The problem is it well nigh impossible to know one from the other. As of now few-to- none of them trade on exchanges like NYSE or the NASDAQ. That is important because to be listed there you have to meet some standard capital and financial reporting requirements. A ton of them trade in the pink sheets or “bulletin board” and there is no way to know if they are legit or not. You can get lucky and make money even on a scam if you catch it right I guess but caveat emptor.
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