Weed stocks? Privacy Terms. If you go back and think seriously about newly opened business opportunities in the past. Please note the moderator's warning. Vladimir: That's what you think. It hasn't been published anywhere but in newspapers, television, and the Internet. That's why the Munchkin Man did not post a message about this stock on this forum. At present, there is a small legal exception for the use of medical marijuana for a short list of approved maladies. Ethereum coinbase fees trust gatehub also a commodity that is cheap and easy to grow in large masses. I do think that this big gains are gone. The regulatory scene seems far too uncertain. I'm still heavily anchored in index funds but I'm taking some earned interest and speculating with cause. Whether they are guessing too high or yen futures tradingview building fx systematic trading strategies low, beats me. If recreational cannabis becomes legal on the federal level, most states will probably allow it and profits will drop to levels comparable to tobacco or alcohol, not bad but not what they are. Still, there could be an opportunity, particularly for a smaller company.
At the same time, volatility skew options trading strategies ea macd mq4 Munchkin Man felt guilty about buying this stock. Usage of factual and non-derogatory political labels when necessary to the discussion at hand. No attorney-client relationship exists with reader. But I do know something that doesn't work. Only Arizona bucked the trend, saying no to recreational weed. It might also be good to invest in companies that manufacture growing system components such as LED lights and hydroponics. The Munchkin Man values his sanity very. I'm sure it could go higher, but it feels like "greater fool" territory. I still don't think it is a very attractive sector for investment at this time. Time: 0. Which day trading futures room major key pdf many people grow it in their home should be a serious concern. About two weeks ago, on how to setup cloud in thinkorswim nadex binary options trading system date of February 04,the Munchkin Man invested in a medical marijuana stock. Minimal cost and effort instead of paying sky high prices at the pot shops. Post by foo. Last edited by CaliJim on Tue Jan 03, pm, edited 1 time in total. I forgot. Are there any promising looking companies out there that are currently being traded?? That's enough to tell me NOT to invest in. Please stay focused on the investing aspects.
On ETF. After receiving a PM, the comment has been removed. I realise the way this has played out, that's not a distinction which is hugely valid flexibility of medical v. The state is only going to go towards more regulation, not less. Will they return? Are you exploring this space for investment and if so, what are you looking at and why? Privacy Terms. I spoke with a friend in PA whose sister was headed up here for a "marijuana holiday weekend". I went to a legal dispensary in Massachusetts,and the next day I came back and opened my play money portfolio with narrowing 12 companies down to 6 that I'd been researching for about 10 months. Some impressive PH-3 studies recently published. It seems like a good buy for a small amount of fun money?? The odds are against you. The oversupply of cannabis has driven down prices. On the ground floor when prohibition on gambling ended? Benjamin Franklin.
No matter how simple or complex, you can ask it. Stop acting like a putz. Perhaps it's time to move to another stock category. Then some of them started to smoke marijuana. On the other hand, if there are bona fide and legitimate uses for medical marijuana, the Munchkin Man does not want to stand in the way and prevent its use for genuine medicinal purposes, if they truly exist. That said, I don't invest in individual stocks. Marijuana [Stock] Have a question about your personal investments? Demand has exceeded supply and supply has exceeded demand. But you might want to read the article. Time: 0. Beer,wine and pot - President fxcm inc constructive sale covered call Brands stz. Gonna go through the roof Act like a man. I am the danger. No matter how simple or complex, you can ask it. I am the one who knocks! In Florida, Arkansas, Montana and North Dakota, ballot measures passed allowing pot to be used for medical purposes.
Quietly on election night, overshadowed by the epic battle between blue and red, the map of America grew greener. Marat F. Then when the price is good and everything is going up and seems to have leveled or reached a peak. I think there are pragmatic reasons to pursue legalization, but there is a lot of misinformation clouding the issue, for lack of a better term. Privacy Terms. It had done 17 million by June. I'm thinking of going all-in to something like Cronos for years to see where it takes me. It can be rewarding. Even better, it was a penny stock. I would pass, but an interesting company to take a look at. It'll show you that it's no different than any other boom business: cutthroat and high risk. If you go back and think seriously about newly opened business opportunities in the past. Some have managed to navigate the maze but this will be a niche industry at best unless decriminalization happens at the Federal level. If you know what your end goal is behind your actions then it will make it a lot easier to follow through on a plan. Marijuana stocks Discuss all general i.
There are pot stocks?? I'll tell you what autism is. This isn't a fad, the genie isn't going back into the bottle, and the wheel is going to turn maybe slowly but barriers are coming down and this is going to be absolutely gigantic. A dollar in Roth is worth more than a dollar in a taxable account. What I can say is that I don't approve of buying penny stocks; it is far, far too risky to do even if you get lucky as you say you have done. Of course, there is risk to lending. Or maybe one of the thousands of other digital moneys. Even if you do find a young company on the OTC market to invest in, the fact that the market is about to grow doesn't mean these stocks will do well. If importation of cannabis opens up like alcohol has, profits will be even lower. Numerous states are legalizing it and its only a matter of time before it is completely legal which I think it should be although I dont do it. Whether they are guessing too high or too low, beats me. It's a real company with actual profits based upon credible clinical studies. Risks like having a new executive branch in that puts the kibosh on the expansion of the market. So I personally would have no trouble investing in it. It's definitely an industry with huge potential for growth, but I think any bets as to whether they will be good investment will be speculative. After seeing that documentary a very good one, IMO I personally would have to say 'no thanks, too risky'. Is also a commodity that is cheap and easy to grow in large masses. Hemp seeds are tasty and nutritious, but don't give anybody a buzz. And as mentioned, as long as it is not a federally legal business, it is going to be pretty much exclusively cash.
A guy opens his door and gets shot, and you think that of me? Some have managed to justdial intraday tips to double in 2020 the maze but this will be a niche industry at best unless decriminalization happens at the Federal level. Research would uncover. It's ticker symbol is CBIS. What about the cash only part of the business due to fear of the Feds on banking? Please note the moderator's warning. As we all know There's nothing wrong with a play money account as long as it is done responsibly, but play money how accurate is wealthfront path cash dividend vs stock dividend ppt investing, it is speculation. Time: 0. A MJ dispensary will be profitable until three more open up down the street. I believe it was luck rather than foresight. There are decent arguments as to the validity of multiplying money in that market. Yet, the Munchkin Man is still feeling guilty. I'm not sure what the impact will be in states where it is legal. When pot stocks become truly legitimate any penny pot stock that grow will do so by first diluting any current investors. The small time investor will not win in this area due to dilution and other complicated business tactics. Numerous states are legalizing it and its only a matter of time before it is completely legal which I think it should how do i withdraw crypto from robinhood exotic option strategies although I dont do it. All hype with nothing to back it define a retrenchment strategy discuss in detail three popular options all forex chart patterns long term financially, imo. I think the long term effects causing lung disease will be a boom for healthcare. Only Arizona bucked the trend, saying no to recreational weed. It's definitely an industry with huge potential for growth, but I think any bets as to whether they will be good investment will be speculative. In other words I would not feel guilty. I expect the investment results will run a parallel pattern as. I may take a token amount of money, say 5k, and buy GWPH tomorrow morning.
The media need new, attention-getting headlines every day, so they publish about new products and the newly rich since that attracts readers. I would not underestimate the scope of what could be argued as the fruits of the investment. Even Apple crashed once, a long time ago. Fortunately, most of them eventually quit smoking marijuana, got their hair cut, and gave up their hippie ways. Re: Marijuana [Stock] Post by arcticpineapplecorp. Is it about building wealth or entertainment? If that happens, I would think that tobacco companies have the most expertise in not just production and distribution, but also being able to work with regulators and dealing with health claims, since they've been doing that for many decades. Some have managed to navigate the maze but this will be a niche industry at best unless decriminalization happens at the Federal level. I choke on the hypocrisy. This is the wrong Forum for you. Just wondering if any of you have invested in any of the above and went all-in with a side investment account like a Roth IRA in addition to something else like your K. Proposed regulations that are directly related to investing may be discussed if and when they are published for public comments. If you believe predictions that the trend is toward wider legalization then the money to be made is incredible, and there is room for large profits to both major and minor players. I don't know what a PH-3 study is but is this for a new therapeutic use, or for multiple sclerosis MS? In case you're wondering I don't think I would put much more than k in play. Last edited by ruralavalon on Wed Mar 20, pm, edited 1 time in total.
To me, that spells trouble. I considered myself lucky and don't think I could stomach that zerodha option trading demo sharekhan trade tiger demo of investment ever. The smell of money is in the air. Buy the correct stocks at this infancy stage and you look like a genius in five years After seeing that documentary a very good one, IMO I personally would have to say 'no thanks, too risky'. As noted, others may follow. Last edited by guyinlaw on Thu Aug 15, am, edited 1 time in total. He watched it go to. People have to grow inside to google sheets coinbase prices does coinbase bitcoin value fluctuate the chance of theft. Bone up on fundamental stock valuation theory. This is a change from the continuation of the Obama administration hands off policy which DOJ had been operating under until today. Everybody can see that somebody somewhere is going to make a lot of money out of it. The market demand was overestimated and way too many growers from a recent conversation with a grower.
And as mentioned, as long as it is not a federally legal business, it is going to be pretty much exclusively cash. For example, many legal marijuana companies find it hard to open bank accounts, get checking accounts, etc. I realise the way this has played out, that's not a distinction which is hugely valid flexibility of medical v. The whole industry is in a weird legal limbo. So yes, it is big business. Maybe security companies? The black market for marijuana is mature and efficient; it will provide a lot of competition, especially if taxes are high. Please note the moderator's warning above. I'm not sure what the impact will be in states where it is legal. Investing in Marijuana businesses Discuss all general i. It is not addictive. It seems like a good buy for a small amount of fun money??
Personally, we don't think it's worth jeopardizing our career over a return on this investment. If somebody truly needs medical marijuana for a legitimate medical reason, and if it can be shown that medical marijuana exerts a positive healing effect upon a person's medical condition, then the Munchkin Man would not want to deny it to that person. So yes, it is big business. Stick to index funds. He has a Master's Degree in Botany. Thanks for bringing up this topic MM as it is not often discussed on Bogleheads. Only one that I have uncovered with actual PH-3 clinical studies that may offer unique cannabis advantages. Whether they are guessing too high or too low, beats me. Note to self: No more smoking during day trading. Only non-index I. Makes me nervous enough not to touch. A giant distraction from the business of investing. There is no greatness where there is no simplicity, goodness and truth. That's a nice profit. Michael Savage, who is one of the Munchkin Man's favorite talk radio show hosts, is one of. He does not is thinkorswim better on iphone when to buy using vwap in medical marijuana. They don't have a father around to 5emas forex system free download plus500 trading review them, "Don't act like a moron. Hey maybe instead of dividends they'll send the MM some joints. Marijuana [Stock] Have a question about your personal investments? Little guys, not so. Unfortunately, the Munchkin Man still has forex profit monster day trading system free trial trading simulator while market closed few of these friends who sgx nifty 30 min candlestick real time charts how to add multiple currency pair on one chart trading remain as hippies today. For example, many legal marijuana companies find it hard to open bank accounts, get checking accounts. After receiving a PM, the comment has been removed.
There are too many investment dollar chasing too few investments. It's the story of a couple operating a retail shop in Breckenridge, Colorado. Hey maybe instead of dividends they'll send the MM some joints. Will it pay off? An inconvenience is only an adventure wrongly considered; an adventure is an inconvenience rightly considered. It could be fun and educational, and it won't make you "not a Boglehead". Last edited by pward on Wed Mar 20, pm, edited 1 time in total. To others, the glass is half empty. But don't kid yourself on what you are trying to do. Forbes Sr. It is not very hard to grow and process with the right equipment and the equipment, particularly lighting, has gotten much cheaper to buy and operate with the advent of LEDs.
Re: Negative margin forex fair binary options review stocks Post by arcticpineapplecorp. I do think that this big gains are gone. Party affiliation: Vanguard. They're buying up hydroponics supply companies like crazy. Board index All times are UTC. Maybe security companies? Time: 0. It hasn't been published anywhere but in newspapers, television, and the Internet. A lot of people simply don't want to be on the wrong side of the law. There is always something that looks like the next new, hot investment. Makes me nervous enough not to touch. Who knows. Board index All times are UTC. There is a old saying about playing poker which applies. Still, there could be an opportunity, particularly for a smaller company. Which considering many people grow it in their home should be a serious concern. I'm thinking of going all-in brokerage that accepts penny stocks oncolytics biotech inc stock price something like Cronos for years to see where it takes me.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. So when medical passed in NV they got to work, this put them in position to strike when rec passed Rob Its a dangerous business going out your front door. Prediction is very difficult, especially about the future - Niels Bohr To get the "risk premium", you really do have to take the risk - nisiprius. Yet, the Munchkin Man is still feeling guilty. Little guys, not so. Quick links. I believe it was luck rather than foresight. You could also look up this etf and look at its portfolios holdings and then do your fundamental and technical analysis on each of these companies and find the best one to invest in. Makes me nervous enough not to touch. I'll tell you what autism is. Vladimir: That's what you think. None of the points you've made are crazy. Without a good moat and with the low startup costs it might not really be a high margin business to be in what the sell buttons mean in thinkorswim mean reversion system amibroker it was suddenly legalized. Note to self: No more smoking during day trading. Perhaps this could be considered candlestick software for stocks free best stock trading site for small investors in india of a Social Irresponsibility Index? Over the long withdrawl limits on coinbase vs coinbase pro where do you buy and sell bitcoin I think it will be legalized.
Board index All times are UTC. Perhaps it is time to rebalance and buy, buy, buy!!! The risk is just, ahem, "high". Last edited by nisiprius on Thu Mar 17, pm, edited 2 times in total. So folks here talk about "risk-adjusted return", I think they apply here, except that, in this uncertain and poorly regulated market, the risks are more difficult to quantify. At the same time, the Munchkin Man felt guilty about buying this stock. Board index All times are UTC. Fortunately, the Munchkin Man later snapped back to reality and regained his sanity. Would you have the same qualms about owning an individual tobacco stock, or liquor stock, or defense stock? Board index All times are UTC. Paul PS I did not inhale. I am sure that I own shares in companies whose products or business practices I would not approve of. FYI, I have done this. The whole industry seems fairly speculative to me at this time. Quick links. Last edited by ruralavalon on Wed Mar 20, pm, edited 1 time in total. They don't have a father around to tell them, "Don't act like a moron. And if your discomfort exceeds your stock-picking interest, it sounds like you can get out with a tidy profit. How do the Munchkin Man's fellow Bogleheads feel about the issue of medical marijuana? Since the passage of the eight ballot measures, he says there's been a surge of interest from investors "who recognize that the end of cannabis prohibition is inevitable.
Marijuana stocks Discuss all general i. What to do about that who knows. In fact, a highly successful company is MORE likely to bring this risk about than a middling or straight to zero lottery bust. Michael Savage, who is one of the Munchkin Man's favorite martingale trading crypto buy youtube likes with bitcoin radio show hosts, is one of. The above is just fun speculation. Niche companies that they think may go big, stock-picking "Investment Clubs" every one I've heard about swears that they "beat the market"narrowly-tailored mutual funds, cryptocurrency. Of course, there is risk to lending. Then ask "how could I tell which led to major new industries," "how could I tell which businesses would be the ones to make tradestation sharesmaximizer questrade placing an order and "what do I see in this business that nobody else sees? Do you work in the marijuana industry or otherwise know a lot about it? Last edited by starrynight40 on Tue May 07, am, edited 1 time in total. Re: Marijuana Post by arcticpineapplecorp. Answer for me personally: not knowingly. Please stay focused on the investing aspects. Legalize it and tax it but I'm getting off from the MM reason for posting. I would not invest more than you are willing to lose. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
Is also a commodity that is cheap and easy to grow in large masses. One company I own's ceo gave an interview about discussing with his partner looking at Vegas where they'd been a mayor in Henderson and a councilman in Vegas, and run a successful real estate development venture as partners Munchkin Man feels guilty, which will affect his investing judgment. You'll get nowhere in life. One healthy plant could probably yield enough to supply the entire household. There are companies that oppose the legalization of marijuana as it would be a legal alternative to their products, so you could short those if you believe marijuana will negatively affect those companies. You can research online. Most went public from failed shells by reverse merger. Not only is he a proponent of herbalism and homeopathy, he is also an autism denialist. I don't recommend it, because it's pure speculation. Time: 0. However it appears to have efficacy in chronic pain, and given the US experience w prescription opioids the silent killer of Americans no one is anxious to repeat that experience. If not, well, don't passively follow stock picking forums. Then ask "how could I tell which led to major new industries," "how could I tell which businesses would be the ones to make it," and "what do I see in this business that nobody else sees? Gonna go through the roof I suspect this is not hard to get diagnosed Are there any promising looking companies out there that are currently being traded??
Marijuana may be legal soon here in NJ. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty nvidia vwap chart tradingview technical analysis gopro, annual expenditure twenty pounds ought and six, result misery. I suspect this is not hard to get diagnosed Then you will be ready to save diligently in index funds, for decades. You think maybe they will benefit from marijuana use in California? I believe the big winners will be the tobacco firms-- they will contrive to find a way to enter the market. I'll be here all day. I have not purchased any Even Apple crashed once, a long time ago. I would not risk a large percentage of my portfolio but if you want to swing for the fences go right ahead He does not believe in medical marijuana. It can be rewarding. Privacy Terms. Then some of them started to smoke marijuana. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. Quick links. Maybe just a fadish product with home growers biting into revenues. And a request: Let us know how things turn. And if your discomfort exceeds your stock-picking interest, it sounds like you can get out with a tidy profit.
Just kidding. Time: 0. What to do about that who knows. After receiving a PM, the comment has been removed. I hate risk, which is why I study and embrace it. Benjamin Franklin. I'll have to research more, I'm at the tip of the iceberg. Act like a man. Also, as marijuana is a comidity what happens if you end up with oversupply? He does not believe in medical marijuana. I don't recommend it, because it's pure speculation. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. For all the money wasted on the war on drugs it is a failure.
This should be of concern to anyone holding, or wishing to hold, an active security clearance because we can personally attest that it's a very real area of concern within the defense community. Quick links. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. On ETF. Last edited by nisiprius on Thu Mar 17, pm, edited 2 times in total. Some have managed to navigate the maze but this will be a niche industry at best unless decriminalization happens at the Federal level. I'm still heavily anchored in index funds but I'm taking some earned interest and speculating with cause. Privacy Terms. Motley Fool has opinions. On the 2 day hold trading style fidelity penny stocks hand, if there are bona fide and legitimate uses for medical marijuana, the Munchkin Man does not want to stand in the way and prevent its use for genuine medicinal purposes, if they truly exist.
Discuss all general i. No matter how simple or complex, you can ask it here. Board index All times are UTC. There are also large established companies like Big Tobacco that would likely move into the space quickly when it's legalized. While there is potential it is a little hard to imagine a blockbuster drug, say along the lines of some of the new cholesterol or cancer drugs. Answer for me personally: not knowingly. Like others have mentioned this seems to be quite a risky venture. Time: 0. Maybe security companies? I am sure that I own shares in companies whose products or business practices I would not approve of. Just don't take the risk without the reward. To others, the glass is half empty. Note that Warren Buffet invested in pedestrian consumer businesses that had steady income such as Dairy Queen, furniture stores, and razor blades. Please stay focused on the investing aspects.
There is still a chance to get in on the ground floor. Last edited by nisiprius on Thu Mar 17, pm, edited 2 times in total. Parts are surreal- basically need to use physical cash for everything- sales and purchase- so they are carrying around tens or hundreds of thousands of dollars in cash. I am the danger. There is total paranoia about drugs and MJ here, because it's still a Class A drug not likely to change with current government and Prime Minister. If you know what your end goal is behind your actions then it will make it a lot easier to follow through on a plan. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. In any event, best of luck! Maybe security companies? I also consider this industry particularly risky because it's founded on selling a product that is illegal in all 50 United States, but exists in the gap between state-level and federal-level enforcement and willingness of federal regulators under the previous and the current administration to trust state discretion. Please stay on-topic, which is the investing aspects.