Marijuana Stocks

By Anonymous Questions, November 21, 2012

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

I was wondering what your take on the legalization on marijuana stands for investors? Any picks or suggestions on what to look for on this?

Leave a Reply

7 Comments on " Marijuana Stocks"

avatar

Travis Johnson, Stock Gumshoe
Admin
4465
November 21, 2012 10:09 am
Sorry, I don’t think it means anything for investors right now. No one’s going to get rich on the stock market with a company that sells an illegal product — we’re seeing relaxation of the laws in many states, both to decriminalize in a soft way and to allow for medical marijuana, but it’s still an illegal substance under federal law and it’s mostly the realm of small growers and “medical” retailers. All of the pitches I’ve seen for marijuana stocks look like opportunistic pump and dump scams to me, though I confess that I probably haven’t glanced at every… Read more »
morrisaj
Irregular
2
morrisaj
November 22, 2012 9:19 pm

Any comments on government dictum report by N. Hodges how to really get rich?

morrisaj
Irregular
2
morrisaj
November 22, 2012 10:30 pm

I’m guessing it all about tax liens.

sc49
Member
0
sc49
November 28, 2012 9:59 pm
Hey there! Just for grins, here’s the list of MaryJane stocks that were provided in an Investment U rehearsal of the industry following the recent-elections-addition of 2 states to those already ‘legalizing’ (e.g. taxing/regulating) the ‘substance’: GWPRF. MJNA, TRTC, CBIS. As a part-time resident of 2 of those states – primarily ‘the land of fruits & nuts’ and an acquaintance of many old ‘pot-heads’ and one or two characters who’ve allegedly paid of their properties with a farming income, I decided some time ago to invest in the sector ‘legally’ by throwing a few expendable (?) investment bucks at CBIS…not… Read more »
AlterIn
Guest
0
AlterIn
December 7, 2012 2:41 pm

C.W. A synthetic THC pill seems to have been available since 1985 (re: http://www.medicalcannabis.com/Indications-for-Use/overview), and apparently gradually shifted into more and more applications. Haven’t had time to look any further, to see if this is what was recently teased for Patrick Cox (Breakthrough Technology), as “Live 20 Years Longer”, or “Don’t Smoke It, Swallow It”.

Bob
Guest
0
Bob
December 7, 2012 6:34 pm

If legalization is really coming, then the best investment might be twinkies.

Paulo
Guest
0
Paulo
May 23, 2013 3:25 pm
The will of the people is to legalize, and there are more states legislatively supporting medical marijuana as an acceptable and legal practice. With that, I find it hard to find a down-side. Ideally, I would look for companies that hold patents in relation to marijuana. Rationale is that this will be medically legalized first, which means those patents can and should start to generate income as legislative barriers come tumbling down. If you believe that the government is not comprised of the dumbest of the population, this sounds like a good bet for the future. GW Pharma, from the… Read more »
wpDiscuz