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Old 01-14-2020, 03:36 AM   #61
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Between the vaping dangers that have come to light and Hexo’s statement that affected the entire space my little homegrown mutual fund is down a bit.

I don’t usually market time but I did add to the ‘seed tray’ fund today since I think it’s a matter of when not if there’s an eventual harvest.

Anyone else following or playing in this area?
Shopify (SHOP) provides platforms for Cannabis businesses. It is a way to participate without owning actual weed. Has performed well.
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Old 01-14-2020, 08:22 AM   #62
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January 1, 2020 - legal in Illinois. Here's the breakdown of sales since Jan. 1.


https://www.wcia.com/news/local-news...start-of-year/
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Old 01-14-2020, 06:34 PM   #63
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Shopify (SHOP) provides platforms for Cannabis businesses. It is a way to participate without owning actual weed. Has performed well.
That's probably a good idea. Every time I've owned actual weed I end up not owning any again after a while.
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Old 01-14-2020, 07:03 PM   #64
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That's probably a good idea. Every time I've owned actual weed I end up not owning any again after a while.
That's what happened to me! I haven't seen it since DW made those delicious cookies.
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Old 01-14-2020, 07:20 PM   #65
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Go get some more.

I love my trip to the dope store. I plan a long visit with lots of sniffing and discussion, a round trip scenic loop route and a good lunch in the middle. It's right at the farm in Rio Vista and an excellent afternoon!
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Old 01-14-2020, 08:20 PM   #66
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Texas hasn’t quite gotten around to legalization, but, in the spirit of rugged individualism, I’m sure they will...
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Old 01-14-2020, 08:23 PM   #67
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Texas hasn’t quite gotten around to legalization, but, in the spirit of rugged individualism, I’m sure they will...
I hope they at least legalize it for medical use.
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Old 01-14-2020, 08:24 PM   #68
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I think they throw you in jail in Texas. And hope you rot. Damn hippies.

Yeah they toss you in jail.
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Old 01-14-2020, 08:42 PM   #69
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I think they throw you in jail in Texas. And hope you rot. Damn hippies.

Yeah they toss you in jail.
Yeah, strange state in some way. Up until 10 - 15 years ago, it was legal to drink and drive as long as you were not drunk. Of course that changed, but a lot of beer and booze gets consumed in this state.

A couple of years ago, one of our County judges got stopped and arrested for potential DUI. He got off, but next election he didn't get to keep his job. go figure!
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Old 01-15-2020, 01:19 AM   #70
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Last year legalization failed in NY and NJ due to squabbling about the details. NJ will have it on the ballot this November. In NY, Cuomo has said he wants it done in 2020, but he didn't push for it last year and conservative voices put enough pressure to quash it last year. Time will tell, but it looks like a tipping point once NY/NJ/CT legalize.
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Old 01-15-2020, 06:10 AM   #71
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Yesterday, i stumbled onto a nice little Canadian MJ stock (OGI) that was announcing earnings last night after hours. I bought some shares at $2.18 in the early afternoon. They announced that earnings doubled, and their stock spiked in after hours trading to a high of $2.89....currently at $2.71 waiting for the opening bell frenzy.

Anticipation is killing me.
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Old 01-15-2020, 11:54 AM   #72
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OGI currently up 47% at 3.18 a share today. I bought at $2.18 24 hours ago. Doing my happy dance !
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Old 12-04-2020, 02:11 PM   #73
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For those interested and so inclined, the House just passed the MORE act. Let the good times roll.
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Old 12-04-2020, 02:40 PM   #74
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For those interested and so inclined, the House just passed the MORE act. Let the good times roll.
The House, but not the Senate (yet, anyway). We'll get there at some point though. The momentum seems to be heading in that direction.
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Old 12-04-2020, 04:09 PM   #75
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The House, but not the Senate (yet, anyway). We'll get there at some point though. The momentum seems to be heading in that direction.
The Senate vote will depend on the Georgia runoff. After the results, pot stocks could go up or down. Hopefully, up.
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Old 12-05-2020, 05:50 AM   #76
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Just a matter of time with marijuana industry. It will pass federally at some point.

I’ve got just over $10k invested across a few different companies. Long term hold here.
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Marijuana stocks
Old 01-06-2021, 10:50 AM   #77
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Marijuana stocks

Yep, I put about one percent into a handful of stocks and have just been letting it ride for while. Up over 75% so far. And that’s not counting what’s happening today!
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Old 01-06-2021, 10:50 PM   #78
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Bought a little MJ and YOLO about a year ago. Up nicely. Thread reminds me of the series Weeds....very funny
@RobbieB - I think I'm understanding why a lot of your posts on "blow that dough" involve food purchases
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Old 01-07-2021, 08:53 AM   #79
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Most public listing for companies producing marijuana are currently on the Toronto Stock Exchange. They have been asked to provide shareholder lists to the US.

Here is a cautionary tale:
Venture capital investor banned from the US

Here is another bizarre example:
Landlord gets refused entry


And also even being employed in the industry can be a problem:
Employee denied entry

Of course, the Canadian Border Officials also deny anyone in possession even if they are driving from Washington to BC, both of which are legal possession states. Hopefully that will get fixed in October.

Interesting times!
So if you're Canadian and have connections with cannabis, the US tends to deny your entry into the US? Is that what the issue is?
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Old 01-13-2021, 05:24 PM   #80
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With the new administration, am expecting resistance to legalizing Cannabis to be relaxed, and together with urgent need for State Revenues, many if not all states will look to legalizing as well.


Friends have mentioned a beaten down stock, Sundial Growers as a possible investment for the long term. Symbol SNDL, stock price is $0.67 now.



Anyone know anything about this company? My very limited DD shows nothing very impressive about this outfit, but at such a low price it may be suitable to buy a few hundred or more shares to hold.
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