Investing in Cannabis?

[ChalkyDog]

Strange idea, when you're thinking about investing into a stock that's main business revolves around a federally illegal substance.

Most of these stocks are priced at a point where you can jump in for a little. I actually usually get burned when I mess around in the penny stock area. Although there are a few that aren't "penny" per se.

Anyway, there is this oil concentrate stuff that seems to be sweeping the markets in every location where it is "legalized" both medically or otherwise. The dispensaries literally can't stay in stock. Hottest selling items by far are those that revolve around vaporizing. Especially on the go. Essentially allowing you to get stoned in public, while making it look like you're smoking an ecig at best. Next to zero odor. Zero when you consider what you just smoked. And a lot more potent than just pure flower.

There are maybe 2 companies that dominate this market, and I was curious what the heads here thought about investing into company based heavily in a federally illegal substance.

The real, practical issue, is the main companies I want to invest are OTC. Which runs into illiquidity issues, in my experience at least.

[bigballa]

dont think you can go wrong investing in this type of market...

[Big Bear]

interesting i may look into this

[OptimistPrime]

The prices of these stocks have really tanked in value over the last few months,its way to risky for my taste. There are better options out there if you are looking into invest in a small cap stock with a high risk and return.

[Chipup]

Vaporizers are facing legal battles on their own right. But I'd still invest in the field. Small loses possible with decent ROI make it worth the risk.

[marcoloco]

i have been following different mary jane stocks for a while now. most have gone up over the last year and half.

[brooks85]

the safest play by far is GWPH but you've missed most of the run up. That's the company to pay attention to.

[cecil127]

once they master the e-cig for vapin the oil- THAT'LL BE THE $ MAKER....the one I use now is ok but they've got a ways to go IMO....
been looking to invest but cant decide where....

[brooks85]

it's cool but you're talking pennies compared to the real potential of cannabis which is in medicine.

[cecil127]

I agree....but the e-cigs will get all the seedy (and not so seedy) customers in states that have yet to legalize....that's all I was saying. trying to say...yeah, the concentrate is off the charts..uh-huh

[OptimistPrime]

i have been following different mary jane stocks for a while now. most have gone up over the last year and half.

What ones would those be, the three that I have been following all have tanked.

[teaserpleaser]

Been investing in cannabis for years just more on a street level ...lets put it like this were working now for rec weed in 2016 when all hell breaks loose and demand can't be met like what happened in colorado and what's going to happen in Washington soon we'll be ready for that.

[ChalkyDog]

I agree....but the e-cigs will get all the seedy (and not so seedy) customers in states that have yet to legalize....that's all I was saying. trying to say...yeah, the concentrate is off the charts..uh-huh

Where are you living? Due to state laws and federal issues, the stuff I find works best will without doubt have a different name depending where you are at. It's this company that I want to invest in.

The general patent for the device is based out of Colorado.

[Killer_Demo]

Wax/Shatter is the future

[ChalkyDog]

Wax/Shatter is the future

Absolutely.

For some reason, this post just sent my mind off on a tangent. Thanks.

[brooks85]

lol you talking about getting high or investing?

Look at gwph, great time to get in. I bought more when it dropped below 90 this morning.

[sploofdogg]

what tickers have you looked into?

[cecil127]

Wax/Shatter is the future

can smoke it w/o the skunky stank alerting everyone w/ a nose......love it.

[no1here]

as a grower/seller people do not want wax, oil, hash, or e cigs. They just want the weed.

There is chain of stores now offering e-cigs only, adjusting them to your specific taste.

[cecil127]

as a grower/seller people do not want wax, oil, hash, or e cigs. They just want the weed.

There is chain of stores now offering e-cigs only, adjusting them to your specific taste.

that's what OP is saying....its the future of cannabis once people realize. you'll see.....trust me. 25years..every day...every single day....barely touch the "dry" now.....kids stuff.