Marijuana stocks

[jazz4cash]

Quote:

Originally Posted by stephenson Hi All, I'm still holding MJ - mainly so I can talk about it at COCKTAIL parties ... the irony!

I’m looking at MJ also. Just haven’t pulled the trigger yet.

[jazz4cash]

I should add that we have medical dispensaries opening up all over recently here in MD. They are in upscale locations. I think the reference to this being a commodity product are way off. A colleague that is going through a 2nd round of cancer was telling me about his experience. The product has dozens of variations depending on the medicinal requirement.

[KCGeezer]

I agree with you jazz regarding true medicinal extracts but what I see are three major market components.

Medicinal uses as you say will be a high end, targeted use market.

Retail will have two audiences. There will be some home growers that will primarily need equipment to support their hobby. Quality of their product will vary by skill and devotion to the effort. The point I was making to foxfire5 is that in the retail/homegrown market there will be more people that would simply purchase from a retail outlet. Large scale production should have economies of scale, a more consistent experience, and potential branding opportunities over small scale/individual producers.

Support services is the third segment. It includes everything from lighting and fertilizers up through industrial properties for production.

JMO

[ransil]

Quote:

Originally Posted by jazz4cash The product has dozens of variations depending on the medicinal requirement.

Do they have clinicals to back this up or is it a bunch of stoners just making it up.

[EarlyBirdly]

Quote:

Originally Posted by ransil Do they have clinicals to back this up or is it a bunch of stoners just making it up.

Israel, not having been manipulated for political and financial gains for decades, is so far ahead of the U.S. in medical research and Cannabis it makes us look pathetic in comparison.

This is just one tiny bit of the huge amounts of information available:

https://www.israel21c.org/is-cannabi...w-wonder-drug/


I have friends and relatives with M.S. and other debilitating conditions that have been prescribed medical grade Cannabis and, they have found huge relief as well as managed to get off of other toxic prescriptions and their related negative side effects.

[jazz4cash]

Quote:

Originally Posted by ransil Do they have clinicals to back this up or is it a bunch of stoners just making it up.

I don’t know about clinical results but I can’t imagine it’s a bunch of stoners given the level of professional investment. State economies are factoring revenue from medicinal and tourist spending. There was fierce competition for a few grow house licenses required for the state of MD. I expect the price will leave plenty of room for the illegal market to thrive.

[MRG]

Quote:

Originally Posted by ransil Do they have clinicals to back this up or is it a bunch of stoners just making it up.

Some, obviously it's been difficult given that cannabis currently has no medical benefits according to the feds. Other countries are blowing by the US in research!

There's many reports of incredible changes in the lives of people with disease that we have no treatments for(Parkinsons, seizures... )..My personal experience was dropping 180 opioids and 90 benzodiazepines monthly. But yeah, I'm just a stoner.

Of course there's no evidence when it was put on the level 1 schedule. Despite the fact people have used the plant for thousands of years for medicine. Recently the WHO recommended removing cannabis from schedule 1 status. Despite the fact it has no medical benefits, the FDA recently approved.

https://www.cnn.com/2018/11/01/healt...ion/index.html

CNN)Epidiolex, the first cannabis-based medication approved by the US Food and Drug Administration, is now available by prescription in all 50 states.
The twice-daily oral solution is approved for use in patients 2 and older to treat two types of epileptic syndromes:*Dravet syndrome, a rare genetic dysfunction of the brain that begins in the first year of life, and*Lennox-Gastaut syndrome, a form of epilepsy with multiple types of seizures that begins in early childhood, usually between ages 3 and 5.

[Proteus126]

Quote:

Originally Posted by ransil Do they have clinicals to back this up or is it a bunch of stoners just making it up.

No clinicals in the US. The US is still a knuckle-dragger on this issue, and Federal laws effectively block research and trials. So anecdotal will have to do for now.


Anyway - my wife has been using medicinal MJ since last summer. Vape pen with a cartridge of high CBD, low THC oil. She has RA. It has totally changed her life for the better. No high, either.

[NYEXPAT]

Now that Martha Stewart is involved it may have an impact on the suburban housewife market.

[MRG]

Quote:

Originally Posted by NYEXPAT Now that Martha Stewart is involved it may have an impact on the suburban housewife market.

Looks like all the 2020 candidates are supporting the end of prohibition at the federal level.

[Crabby Mike]

Except the one running for re-election ...

[foxfirev5]

My earlier post describing this as a commodity was not intended to minimize the technology involved. Just wait until Scotts/Miracle Grow (hint they already are), Monsanto, or a behemoth like Cargill get involved. The pre IPO guys will make the big bucks while they take the buyouts.

[samclem]

Quote:

Originally Posted by Crabby Mike Except the one running for re-election ...

Here's a piece giving the positions on some of the likely 2020 candidates regarding marijuana decriminalization/legalization.

From the article:

Quote:

President Donald Trump supports decriminalizing marijuana but believes legalization should be left up to the states — and reportedly made efforts to rein in Sessions' war on legal marijuana.

[MichaelB]

Quote:

Originally Posted by foxfirev5 My earlier post describing this as a commodity was not intended to minimize the technology involved. Just wait until Scotts/Miracle Grow (hint they already are), Monsanto, or a behemoth like Cargill get involved. The pre IPO guys will make the big bucks while they take the buyouts.

If Miracle Gro gets involved in growing or producing cannabis, the opportunities for creative branding and naming individual products will be endless.

[jazz4cash]

As much as I hate to assume, I would expect Scott’s to be involved (at least passively) in this market. In fact SMG stock is a significant holding in the MJ ETF that I plan to use as my core holding for this sector.

[EarlyBirdly]

Quote:

Originally Posted by MichaelB If Miracle Gro gets involved in growing or producing cannabis, the opportunities for creative branding and naming individual products will be endless.

Uh, you mean like this? :


https://www.leafly.com/explore/sort-...e/sort-popular

[MRG]

Quote:

Originally Posted by EarlyBirdly Uh, you mean like this? : https://www.leafly.com/explore/sort-...e/sort-popular

Names are good but smells intrigue me. Someone needs to explain how they get Girl Scout Cookies, Thin Mint Cut to smell like thin mints! That's amazing. It's awesome when a tender tells you something is cheesey and it smells like cheese.

[KenZ71]

I've got a good amount in MO for a few reasons

1) they sell a product cheap to make with huge markup

2) they have a lot of experience working with gov't regulators - both influencing & being influenced

3) they have significant interests in Cannabis industries

[KCGeezer]

Quote:

Originally Posted by MRG Names are good but smells intrigue me. Someone needs to explain how they get Girl Scout Cookies, Thin Mint Cut to smell like thin mints! That's amazing. It's awesome when a tender tells you something is cheesey and it smells like cheese.

If I remember the story correctly TJ Cinnamons had the idea to pipe the aroma of baking rolls outside its locations. Not sure about the particulars of their demise but they were a big thing there for a while.

[KCGeezer]

This an an interesting article to consider. I’ve never built a business that could potentially be as large as these big names in the industry. Anyone have an opinion on the best strategy at this point of the market? I lean towards the Aurora/Canopy approach.

https://finance.yahoo.com/news/most-...160000079.html