Washington & Colorado legalize recreational use !

[USbongLord]

Love turkey...maybe thanks giving dinner somewhere folks,and massive birthday party ...snakes are fun to kill,tastes like chicken

[Stanky Danky]

The 'green rush' is on for marijuana companies

These are heady times for supporters of legalized marijuana as well as those looking to cash in on pot's growing national acceptance. This month, voters in Washington state and Colorado agreed to legalize the recreational use of marijuana for adults. And medical marijuana is currently legal in 18 states and Washington D.C.


Of course, marijuana remains illegal by federal law. But people involved in what some are calling the "green rush" are still looking at business and investment opportunities in cannabis and its production.


And as with nearly all markets, some people are willing to take the risk.


"Think of it as another dot.com explosion," said Bruce Perlowin, CEO of Hemp Inc. (HEMP), in a recent press release.


And according to an investor fact sheet for Medical Marijuana Inc. (MJNA), the current U.S. medical marijuana industry is estimated at $17 billion, with expectations it could grow up to about $29 billion by 2016.



"It was almost unthinkable 10 years ago that you would have legitimate, fully reporting to the SEC companies that were in the nature of pure plays, with positions in the medical marijuana industry," says Sterling Scott, CEO of Los Angeles-based GrowLife Inc. (PHOT), a consortium of companies that sells products for indoor growing.



Scott, a former federal regulatory attorney, estimates there are about 10 cannabis-related companies currently being traded as over-the-counter stocks. Most OTCs are relatively small and often new companies that don't yet meet the requirements to be listed or traded on exchanges like Nasdaq or the New York Stock Exchange.



He breaks down these marijuana sector firms into four groups:

- Established companies, like GrowLife, that sell equipment and expendables for the cannabis industry.
- Companies like Medical Marijuana, whose mission, according to its website, is to become the industry's "premier cannabis and hemp industry innovators."
- Groups like Hemp Inc. that are looking to develop a legal market for the industrial and commercial use of hemp (which contains only trace amounts of marijuana's active ingredient) in products such as paper, oils and cloth.
- Companies focused on the clinical, medical use of cannabis in areas such as cancer, inflammation and pain treatment.

"The safest position during the Gold Rush in California in the 1800s was to sell (miners) the equipment they needed to go out and explore for gold," explains Scott. "Our company has taken a fairly conservative position, as to the kind of things that we can engage in, because of the federal law position. And we intend, until there's a great deal more clarity on the federal side, to continue to be fairly conservative. But that's not true of all these companies."


So are these small stocks worth an investor's time? It depends on how the future plays out for the sector.


"If the new marijuana laws in Colorado and Washington… are a sign of things to come, if you're a firm that can benefit by this industry being created into a legal and viable industry, then if you can get in early enough, then those stocks may go up in value," says Mac Clouse, professor of finance at the University of Denver's Daniels College of Business.

[spidergawd]

The 'green rush' is on for marijuana companies



So are these small stocks worth an investor's time? It depends on how the future plays out for the sector.

So are you buying yet SD?

[Stanky Danky]

The 'green rush' is on for marijuana companies



So are these small stocks worth an investor's time? It depends on how the future plays out for the sector.

So are you buying yet SD?

If I was smart I would have bought before the vote. The problem with buying now is all the pot stocks are penny stocks and people tend to dump their shares once the news gets old, and even the slightest bit of downward pressure will cause pennies to plummet. If a new company that was looking to capitalize on cultivation in Washington or Colorado went public that would be a good one to buy and hold for the long term IMO.

[Uncle Ron]

The 'green rush' is on for marijuana companies
So are these small stocks worth an investor's time? It depends on how the future plays out for the sector.

So are you buying yet SD?

If I was smart I would have bought before the vote. The problem with buying now is all the pot stocks are penny stocks and people tend to dump their shares once the news gets old, and even the slightest bit of downward pressure will cause pennies to plummet. If a new company that was looking to capitalize on cultivation in Washington or Colorado went public that would be a good one to buy and hold for the long term IMO.

Here's something for the masses if interested with investing their $$$. http://marijuanastocks.com/content/list ... ana-stocks
I'll put my green directly into growing green, and in 1/3/5 years time, let's compare notes - specifically bank accounts.
I'll use my money to grow my own for medicinal, recreational, and economic purposes. It's a win, win, win for me... and my friends because I share.
Maybe people aren't in a position to grow privately, but this shouldn't stop them from forming/joining co-ops - making it a community project.
A question to ponder - Why invest money in stocks, especially given how volatile the market has been, when investing directly will most likely see a significantly greater return, not to mention more enjoyable?
...

[spidergawd]

The 'green rush' is on for marijuana companies
So are these small stocks worth an investor's time? It depends on how the future plays out for the sector.

If I was smart I would have bought before the vote. The problem with buying now is all the pot stocks are penny stocks and people tend to dump their shares once the news gets old, and even the slightest bit of downward pressure will cause pennies to plummet. If a new company that was looking to capitalize on cultivation in Washington or Colorado went public that would be a good one to buy and hold for the long term IMO.

Here's something for the masses if interested with investing their $$$. http://marijuanastocks.com/content/list ... ana-stocks
I'll put my green directly into growing green, and in 1/3/5 years time, let's compare notes - specifically bank accounts.
I'll use my money to grow my own for medicinal, recreational, and economic purposes. It's a win, win, win for me... and my friends because I share.
Maybe people aren't in a position to grow privately, but this shouldn't stop them from forming/joining co-ops - making it a community project.
A question to ponder - Why invest money in stocks, especially given how volatile the market has been, when investing directly will most likely see a significantly greater return, not to mention more enjoyable?
...

Both very interesting points, I dont invest, other than my pension fund which is done for me because it's a chunk of money (not much ) that would make the mattress uncomfortable so I suppose it's parked until I need it, like now.

Anyway I digress, one of the CEO's in the article says, and I like this. "The safest position during the Gold Rush in California in the 1800s was to sell (miners) the equipment they needed to go out and explore for gold." So, I would be putting a few quids into local stuff like Solar energy firms, water treatment and recycling etc. those are the areas that would interest me and I reckon the farmers will be looking to be GREEN, no pun intended, but appreciated nontheless .

My point is Ron all that dosh you are saving has be put somewhere, other than the German Rail Company and the Mokum vices .............Or not, as the case may be......Carry on having a good time that man

[dconstrukt]

@ milehigh.... shit man... i might have to head up to CO. soon.... never been.... a LOT shorter of a flight than AMS! LOL

[milehigh]

@ milehigh.... shit man... i might have to head up to CO. soon.... never been.... a LOT shorter of a flight than AMS! LOL

You'll love it. Our once well kept secret is getting out fast.

[Cisco]

Denver is defo one of the places I would love to visit , Boulder too lol (have done since I was a little kid due to Mork N Mindy) !!! Lmao

[Uncle Ron]

Both very interesting points, I dont invest, other than my pension fund which is done for me because it's a chunk of money (not much ) that would make the mattress uncomfortable so I suppose it's parked until I need it, like now.

Anyway I digress, one of the CEO's in the article says, and I like this. "The safest position during the Gold Rush in California in the 1800s was to sell (miners) the equipment they needed to go out and explore for gold." So, I would be putting a few quids into local stuff like Solar energy firms, water treatment and recycling etc. those are the areas that would interest me and I reckon the farmers will be looking to be GREEN, no pun intended, but appreciated nontheless .

My point is Ron all that dosh you are saving has be put somewhere, other than the German Rail Company and the Mokum vices .............Or not, as the case may be......Carry on having a good time that man

What dosh?
I will wager all the pennies I have in my savings account that my military retirement/disability pension is less than yours... go ahead, I dare ya to take my bet.
The loser has to buy the winner a gram of whatever he chooses the next time we meet. Fair dinkum?
I like my Bahn Card mainly because I receive a 25% discount. I am a frugal traveler you see.
As for Mokum, how dare you? You should be at even mentioning our beloved city. This in and of itself is blasphemous...
Until I make my return to the US, I'll continue to live the life of a poor, disabled, and humble hydroponic dirt farmer...
Plant the seed...
...
"Everybody Must Get Stoned" WORLD TOUR 2013
...coming to schmoke you out!

[spidergawd]

Nice to see the Seattle cops getting their heads round it.

http://spdblotter.seattle.gov/2012/11/0 ... n-seattle/

Apparently been getting a lot of calls on the 1-502 issue.

Uncle Ron wrote

Until I make my return to the US, I'll continue to live the life of a poor, disabled, and humble hydroponic dirt farmer...
Plant the seed...
...
"Everybody Must Get Stoned" WORLD TOUR 2013
...coming to schmoke you out!

The way the worlds going I think upon your return to the US you will continue to be a PDHHDF . Just be sure to settle in good farming country.

World Shmoke-out tours?????? I dont think my old carcase could take one . I did all my global toke marathons when I was young, travel and accom paid for by the Merchant Navy .

[Uncle Ron]

Nice to see the Seattle cops getting their heads round it.
http://spdblotter.seattle.gov/2012/11/0 ... n-seattle/
Apparently been getting a lot of calls on the 1-502 issue.

From the article...
"(... or 72 ounces of infused liquid, like oil). Err, I'm going to read WAYYY into this...
Slightly over 2 liters/2.25 quarts of erl. Imagine how many Oily Balls I can make...
I got a real laugh reading some of those questions... anyone remember the skit Jaywalking with Jay Leno?
...
"Everybody Must Get Stoned"
WORLD TOUR 2013
...next stop, your house!

[mrdcotor]

As imagined the ado about washington and colorado is increasing around the world

[dconstrukt]

buddy of mine applied for a license to sell.... he's in seattle... or just north of it.

interesting times are ahead

[Stanky Danky]

Willie Nelson on legalization in Washington and Colorado

http://today.msnbc.msn.com/id/49063771/ ... /#49899841