My thought is that marijuana stocks will be a slow growth venture that would be best complimented by purchasing shares of Nabisco or Frito Lays. I also forecast that stock in companies that market video games will see higher growth.
On a serious note, E-cigarette sells will skyrocket once they start mass producing THC atomizer cartridges to fit them. Take a few hits, change cartridges, and then have a cig.
I will be the first to admit that Pot is a gateway substitute to help one quit cigarettes painlessly and without relapse...Whereas, Alcohol will more than likely encourage one to continue smoking cigarettes and weakens willpower.
As a side note:..There will always be people for legal pot use and there will always be people against it..just like people are for or against cigarettes and alcohol....Just do what you are comfortable with as long as it don't infringe on anybody's elses space.
A wise man speaks when he has something to say...A FOOL speaks when he just has to say something
No. It is not legal to smoke, ingest, sell or possess. States have no authority over the substance. Sorry, fire alarm. Have to evacuate.
Come out of your cave...It is legal to posses, have, hold, smoke, eat, up to 1 oz per perchace exchange...In Colorado, Washington St. and legal for medical use in 21 States
1. Alaska 1998
Ballot Measure 8 (58%) $25/$20
1 oz usable; 6 plants (3 mature, 3 immature)
unknown1 2. Arizona 2010 Proposition 203 (50.13%) $150/$75 2.5 oz usable; 0-12 plants2 Yes3 3. California 1996
Proposition 215 (56%) $66/$33
8 oz usable; 6 mature or 12 immature plants4 No 4. Colorado 2000
Ballot Amendment 20 (54%) $35
2 oz usable; 6 plants (3 mature, 3 immature)
No 5. Connecticut 2012 House Bill 5389 (96-51 House, 21-13 Senate) TBD* One-month supply (exact amount to be determined) No 6. DC 2010 Amendment Act B18-622 (13-0 vote) $100/$25 2 oz dried; limits on other forms to be determined No 7. Delaware 2011 Senate Bill 17 (27-14 House, 17-4 Senate) $125 6 oz usable Yes5 8. Hawaii 2000
Senate Bill 862 (32-18 House; 13-12 Senate) $25
3 oz usable; 7 plants (3 mature, 4 immature)
No 9. Illinois 2013 House Bill 1 (61-57 House; 35-21 Senate) TBD* 2.5 ounces of usable cannabis during a period of 14 days No 10. Maine 1999
Ballot Question 2 (61%) No fee 2.5 oz usable; 6 plants
Yes6 11. Massachusetts 2012 Ballot Question 3 (63%) TBD7 Sixty day supply for personal medical use unknown 12. Michigan 2008 Proposal 1 (63%) $100/$25 2.5 oz usable; 12 plants Yes 13. Montana 2004
Initiative 148 (62%) $25/$10
1 oz usable; 4 plants (mature); 12 seedlings
No 14. Nevada 2000
Ballot Question 9 (65%) $2008
1 oz usable; 7 plants (3 mature, 4 immature)
Yes9 15. New
Hampshire2013 House Bill 573 (284-66 House; 18-6 Senate) TBD* Two ounces of usable cannabis during a 10-day period Yes 16. New Jersey 2010
Senate Bill 119 (48-14 House; 25-13 Senate) $200/$20 2 oz usable
No 17. New Mexico 2007 Senate Bill 523 (36-31 House; 32-3 Senate) $0 6 oz usable; 16 plants (4 mature, 12 immature) No 18. Oregon 1998
Ballot Measure 67 (55%) $200/$10010
24 oz usable; 24 plants (6 mature, 18 immature)
No 19. Rhode Island 2006
Senate Bill 0710 (52-10 House; 33-1 Senate) $75/$10
2.5 oz usable; 12 plants
Yes 20. Vermont 2004
Senate Bill 76 (22-7) HB 645 (82-59) $50
2 oz usable; 9 plants (2 mature, 7 immature)
No 21. Washington 1998
Initiative 692 (59%) **
24 oz usable; 15 plants
No
A wise man speaks when he has something to say...A FOOL speaks when he just has to say something
No sir, it is not legal in this country:
Marijuana is not "legalizable" by States, lower forms of government, or by popular votes - only the Federal government (presently the FDA) has a say - no one else. Why on earth would a voter have a say? Does a voter have any scientific background in Pharmacology? Would you want to have a vote on smoking some other substance - say tiger brains - that you also know nothing about? The fact is, there are lots of fact-based issues that voters have opinions on - it doesn't mean that they understand the science or costs - or get to vote on any of them. They don't.
States can pass bills and issue ballots until the cows come home; and marijuana shall remain illegal unless the Federal government changes authorities over such substances - which no one is proposing. There is also pre-employment screening tests and random tests thereafter, for some Federal positions (the presidency not being one, apparently) - and it doesn't (and won't) matter what State you are in. You won't get the job to begin with, or if you do - and smoke thereafter and get caught, you will be gone - permanently.
As for alleged medicinal properties - inhaling burnt, unprocessed, unrefined, plant material, of unaccessed potency - and doing so ad libitum without the supervision or prescription of a physician, is certainly the least healthy mode of administering a medication.
blah, blah...pot is not legal...blah,blah,blah
Now I know why you have chosen the name 'Amoeba'...Because obviously in a one cell organism, this don't leave much room for any brain cells...
Last edited by Buster; 01-23-2014 at 08:16 PM.
A wise man speaks when he has something to say...A FOOL speaks when he just has to say something
Thanks for explaining, Amoeba. I wondered about the employment drug screening issues. If what you say is true, and federal law prohibits cannabis useis in all 50 states, then there's not much chance of getting around a flunked test.
BTW - I sold my weed (CBIS) earlier this week for a quick and handsome $500 profit. Can't wait to see the preacher grin when I drop an extra U.S. Grant in the plate.
It isn't what I say:
It is what the Controlled Substances Act says, and what is on Schedule 1 of it (substances with high potential for abuse, no medical benefit); smoked marijuana is on that list. There are significant penalties for possession, use, sale, of such materials. And, there are significant medical risks and associated Public consequences and costs of dealing with such risks.
It is one thing to blow your horn on this forum (myself included); quite another when our POTUS fails to consistently enforce laws - or even understand the functioning of government in the first place. Not entirely unexpected given his youth.
As to the OP (original post) on the advisability of investing in marijuana, that depends ultimately on not the short-term relaxation of enforcement, but on an expectation of a fundamental change in the approval process of foods and drugs at the Federal level.
I, for one, don't expect that to happen anytime soon or ever.
It would certainly be an interesting legal test to see if Public investment would be allowed on a product which is banned by Federal law, since stocks are a form of interstate commerce.
HEMP!
I'm out but good for you if you were "holding" today. Double-didge gains in HEMP, CBIS, MWIP, MJNA, CANV and TRTC. Just finding a little amusement in my not-very-productive, down Friday.
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