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Investing in Marijuana

Discussion in 'Topical Discussions (In Depth)' started by TheMadHatter, Jan 5, 2014.



  1. TheMadHatter

    TheMadHatter Gold Member Gold Chaser

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    Whether you support it or not, weed will eventually be legal in all 50 states for recreational purposes. I don't think there is any argument there.

    It's early in the game. Has anybody done any research on what companies will profit on weed? I've found a few penny stocks that i might throw some bucks at.

    Edit to add stocks:

    PHOT : Currently .22 as of 1/6/2014
    MJNA : Currently .17 as of 1/6/2014
    CBIS : Currently .07 as of 1/6/2014
    GWPRF : Currently $3.40 as of 1/6/2014
    GRNH : Currently .1250 as of 1/6/2014
    MWIPD : Currently .45 as of 1/6/2014
     
    Last edited: Jan 6, 2014
    number six and Rip Van Winkle like this.
  2. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    I suspect one of the large, did I say LARGE? existing corporations will consider it a very profitable business model.

    ADM?


    Fertilizer companies.

    Insecticide companies to kill off Spider mites (natural of course, can't be adding nasty chemicals to a plant people ingest)...
     
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  3. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    YUM

    Maybe something on the law enforcement side of things with regards to detection. Masking agents, the state might say it's legal but the company you work for will say different.
     
  4. TheMadHatter

    TheMadHatter Gold Member Gold Chaser

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    Growing equipment companies?
     
  5. 90%RealMoney

    90%RealMoney Midas Member Midas Member

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    CNBC, or Fox business had an article last week on "Weed" stocks. You could probably find out at their websites. They said the companies have already gone up quite a bit this past year.
     
  6. 90%RealMoney

    90%RealMoney Midas Member Midas Member

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    If you don't hold it, you don't own it. LOL
     
  7. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    People who work in an industry, tend to be interested in that industry.

    People who sell or fix cars, generally are interested in cars.

    People who sell guns, like to shoot them.

    And people who cultivate dope? ...wanna guess their habits?

    Sure. Hypothetically, it's legal. I get it.

    Do you want to invest your money with people whose judgment is compromised?

    Just a thought. Even as illegal street drugs, a lot of dealers have gotten wasted by their connections because they became their own best customers.
     
  8. dirt to oil

    dirt to oil Gold Chaser Platinum Bling

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    if pot becomes totally legal it becomes worthless

    an acre in Jamaica bears 10,000lbs , a bumper crop of wheat , 6,000lbs

    how much is flour? even if you are only allowed to grow one plant , you could still

    end up with 4 lbs, largest plant I know about was 12lbs,

    there may be a market short term , but once legal , and off police radar , expect the price to drop

    exponentially
     
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  9. TheMadHatter

    TheMadHatter Gold Member Gold Chaser

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    If weed becomes completely legal, how many people will be buying hydroponic equipment and high powdered grow lamps? That's the angle I was thinking.

    Tobacco is legal and Phillip Morris stock seems to do fine.

    JustPassingThrough - are you retarded?????
     
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  10. TheComingCollapse

    TheComingCollapse New Member

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    PHOT

    GrowLife. The more pot they grow indoors, the more this company will grow. DYODD, but based on my research there isn't any other company comparable.

    In addition they should soon be financing domestic grow ops.
     
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  11. TheMadHatter

    TheMadHatter Gold Member Gold Chaser

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    Weed is Money.

    No way would I be 100% PM's, but that's another thread.
     
  12. dirt to oil

    dirt to oil Gold Chaser Platinum Bling

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    why grow indoors when in many areas even in Canada , outdoors can do ,

    some people do grow veg indoors but not many , and once pot is priced like carrots ,

    most will grow out doors
     
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  13. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    Sure. I'm stupid.

    Smart people are gonna trust capital to people who grow - and have access to - psychoactive drugs.

    What you're talking about is basic agricultural equipment. Most people who want to sit around zoned out, aren't going to want to grow their own. They'd rather let someone else work.

    Which means that, as with tobacco, as with carrots, they're gonna be grown as a business.

    In any event there won't be need fro hydrotrophic equipment when the stuff is okay to be seen outdoors.

    I'm retarded? Why?
     
  14. 90%RealMoney

    90%RealMoney Midas Member Midas Member

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    Someone brought up the point that sooner or later, a company will manufacture joints, or "marijuana cigarettes" for legal sale. With all the different types of strains, etc, it may have to be a boutique type service where a person would put an order in for a certain quantity, etc. Then again, once they determine a strain that is popular just for the potency, or high, they could mass produce those, much like Marlboro cigarettes.
     
  15. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    DTO is exactly right - once it's legal it's going to be an inexpensive crop.

    No more money in it than in any other agricultural product - and since everyone's going to try to tax it, having the crop would probably be more of a hassle than growing peas.

    Just as not everyone with good tobacco soil is growing tobacco...so, too, are not everyone going to want to deal with the revenoors.

    I don't see the specialized equipment need. I can imagine a corporate farm network dedicated to the crop...but that's where you have the questions of someone interested in pot, handling large amounts of capital you have invested.
     
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  16. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    That's the most likely.

    And I predict it would be as much a headache as tobacco. Probably the tobacco companies will get involved...they have the equipment; it's their field; and they're used to opposition attacks and government regulation. It would be a good fit.
     
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  17. TheComingCollapse

    TheComingCollapse New Member

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    Is it going to grow, sell and distribute itself too?
     
  18. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    As I said on another post, the tobacco companies are in a perfect position to pick it up.

    They're familiar with smoking products; with tax structures; with legal opposition and harassment. They have distro networks and logistics. They even have cigarette-wrapping machines.
     
  19. smooth

    smooth Gold Member Gold Chaser

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    At this point it depends how the laws are written I suppose. If it become legal for anyone to grow at home or if it is stringently regulated. Growing inside has many benefits over an outdoor operation. Including security, and climate control.
     
  20. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    Why would you need security?

    In this hypothetical the stuff is LEGAL. The only reason it's high priced right now, is that supply is controlled - by the ability of smugglers and growers to get it into your buy point without getting arrested. All that goes away with legal status.

    So there's no control on supply; so anyone can grow it; so it becomes an inexpensive commodity.
     
  21. dirt to oil

    dirt to oil Gold Chaser Platinum Bling

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    looks like a good time to hear from free wheelin frank





    frank01.gif
     
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  22. smooth

    smooth Gold Member Gold Chaser

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    Depends on how the laws are written.......
    Booze has been legal for awhile as well
     
  23. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Facebook page for growing tips.

    https://www.facebook.com/groups/347890575247222/


    Let's not forget the many and varied uses for the hemp plant!

    "Getting high" is only one aspect.


    There is raw material for textiles.

    Oil for cooking, or whatever other products can be developed from it.

    Food products.
     
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  24. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    And moonshine is a niche market.

    Also, booze is heavily taxed. A motive for stealing liquor-distributor trucks, granted; but nobody's stealing grain to make booze.
     
  25. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    I would be willing to just betcha...

    ...that once smoking it is legal, all that will be long forgotten.

    Like manilla twine, those things, made of hemp, are far obsoleted by superior synthetics.

    It's a faked market; like "medical marijuana" was/is a sham.
     
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  26. grooveboi

    grooveboi Seeker Seeker

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    Haters just gonna hate...
    Groove
     
  27. smooth

    smooth Gold Member Gold Chaser

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    you are reaching now sir :36_2_36:
     
  28. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Well what about paying your taxes with hemp?

    Or how about pot pies, or crock pots??
     
  29. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    How do you figure?

    The prepared product is attractive for theft.

    Nobody's stealing hops and grain.

    Moonshine isn't a national problem; it's more a cultural thing.

    No, I don't think the world's gonna be sneaking around trying to steal each others' dope. Not when it's easily grown in the open.
     
  30. 90%RealMoney

    90%RealMoney Midas Member Midas Member

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    One point I will make, since I basically live in the Emerald Triangle area is this, Alot of people are complaining of the smell that the buds give off in the Blooming phase. This may not sound like a big deal, but it is. Enough people have complained about it at council meetings, that the private growers have to find rural properties large enough that there is a buffer zone from neighboring properties. This is only an issue mainly for the back yard growers, who live in densely populated neighborhoods. It has to be hidden from sight as well. People have had to build fences, or screens around their gardens. Once again, not a big deal, but adds to cost and effort for the home grower. Indoor grows are expensive what with all the electricity and equipment needed.
     
  31. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Might get in on the ground floor?

    image.jpg
     
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  32. JustPassinThru

    JustPassinThru Gold Member Gold Chaser

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    Taxes are typically paid with money, sir.

    Taxes on the product would likely be identified at point of sale.

    Likely there won't be taxes on stuff grown at home, rolled at home, smoked...where everyone can see. Mostly because it would be impossible to do.
     
  33. smooth

    smooth Gold Member Gold Chaser

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    ok...............
     
  34. Rollie Free

    Rollie Free Midas Member Midas Member

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    Guess you haven't heard. Hemp cures cancer and would provide free textiles world wide. Except the mean ptb's just won't let it happen.

    I find it strange but its true. If I were a power that be I'd make sure mj was carefully distributed to keep the rabble rousers nice and calm.
     
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  35. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Not to rehash ;-) the subject but...

    Arts & Humanities > History > Reference Question
    Next

    Did you know that for over 200 years you could pay your taxes with cannabis(aka hemp, marijuana)?

    Where did the word 'marijuana' come from? In the mid 1930s, the M-word was created to tarnish the good image and phenomenal history of the hemp plant...as you will read. The facts cited here, with references, are generally verifiable in the Encyclopedia Britannica, which was printed on hemp paper for 150 years:

    Henry Ford's first Model-T was built to run on hemp gasoline and the CAR ITSELF WAS CONTRUCTED FROM HEMP! On his large estate, Ford was photographed among his hemp fields. The car, 'grown from the soil,' had hemp plastic panels whose impact strength was 10 times stronger than steel; Popular Mechanics, 1941.

    Hemp called 'Billion Dollar Crop.' It was the first time a cash crop had a business potential to exceed a billion dollars; Popular Mechanics, Feb., 1938.

    Mechanical Engineering Magazine (Feb. 1938) published an article entitled 'The Most Profitable and Desirable Crop that Can be Grown.' It stated that if hemp was cultivated using 20th Century technology, it would be the single largest agricultural crop in the U.S. and the rest of the world.

    The following information comes directly from the United States Department of Agriculture's 1942 14-minute film encouraging and instructing 'patriotic American farmers' to grow 350,000 acres of hemp each year for the war effort:

    '...When Grecian temples were new, hemp was already old in the service of mankind. For thousands of years, even then, this plant had been grown for cordage and cloth in China and elsewhere in the East. For centuries prior to about 1850, all the ships that sailed the western seas were rigged with hempen rope and sails. For the sailor, no less than the hangman, hemp was indispensable...

    ...Now with Philippine and East Indian sources of hemp in the hands of the Japanese...American hemp must meet the needs of our Army and Navy as well as of our industries...

    ...The Navy's rapidly dwindling reserves. When that is gone, American hemp will go on duty again; hemp for mooring ships; hemp for tow lines; hemp for tackle and gear; hemp for countless naval uses both on ship and shore. Just as in the days when Old Ironsides sailed the seas victorious with her hempen shrouds and hempen sails. Hemp for victory!'

    All schoolbooks were made from hemp or flax paper until the 1880s; Hemp Paper Reconsidered, Jack Frazier, 1974.

    It was LEGAL TO PAY TAXES WITH HEMP in America from 1631 until the early 1900s; LA Times, August 12, 1981.

    REFUSING TO GROW HEMP in America during the 17th, 18th and 19th Centuries WAS AGAINST THE LAW! You could be jailed in Virginia for refusing to grow hemp from 1763 to 1769; Hemp in Colonial Virginia, G. M. Herdon.

    George Washington, Thomas Jefferson and other founding fathers GREW HEMP; Washington and Jefferson Diaries. Jefferson smuggled hemp seeds from China to France then to America.

    Benjamin Franklin owned one of the first paper mills in America.

    http://answers.yahoo.com/question/index?qid=20080225124905AARyfRZ
     
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  36. grooveboi

    grooveboi Seeker Seeker

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    Yeah, can't remember who but someone proclaimed loudly a few years back that it would be a tacit admission that we were in a real economic bind once MJ was legalized. Need to find the author...
    Groove
     
  37. spinalcracker

    spinalcracker On a mail train. Silver Miner Site Supporter

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  38. Po'boy

    Po'boy Midas Member Midas Member Site Supporter

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    Drug testing companies.

    Just cause it's legal doesn't mean the boss will let you smoke it and keep that job.

    Seed supply businesses might just explode as well.
     
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  39. dirt to oil

    dirt to oil Gold Chaser Platinum Bling

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    if legal they will have to go with tests that prove recent consumption, they have them , not the current

    pee test that can bring up consumption from two or more weeks ago
     
  40. 90%RealMoney

    90%RealMoney Midas Member Midas Member

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