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Thread: Cannabis stocks

  1. #13

    Default Re: Cannabis stocks

    i plan to incrementally take profits off my MJX investment and buy, uhhh, hmmm, weed, and let the original investment grow. the gift that keeps on giving. it's like a perpetual motion macheen. whoa, dude.

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  3. #14

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    Default Re: Cannabis stocks

    Loading up on cannabis stock is really nothing new. People have done it for thousands of years. Usually only to see their investment go up in smoke. And that can leave a bad taste in your mouth. Now, the thought of investing in stock and seeing the possibility of my money budding into more $$$s is intriguing. Buying cannabis stock and ending up with more than you started with. Awesome.
    I love America.

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  5. #15

    Default Re: Cannabis stocks

    Quote Originally Posted by gegor View Post
    Bought ACBFF, TWMJF and APHQF yesterday, so far so good
    Well that's gonna leave a mark

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  7. #16

    Default Re: Cannabis stocks

    This thread is about cannabis stocks. I'll move the moral discussion about pot to the health forum (http://www.tsptalk.com/mb/health/) although I see some of you are dying to make it political.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  9. #17

    Default Re: Cannabis stocks

    Quote Originally Posted by James48843 View Post
    Curious Amoeba- what makes you think only the federal government regulates drugs? What state are you in? My state has an entire regulatory scheme and laws that regulate drugs. No one has ever found those laws to be unconstitutional.


    Sent from my iPhone using TSP Talk Forums
    It isn't what "I think", it is what is...only the FDA regulates drugs...it is exclusively a Federal matter, governed by strict Federal laws and policies on approval of use. States have no authority at all to regulate drugs.

    Sent from my SM-J320P using Tapatalk

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  11. #18

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    Default Cannabis stocks

    My state legislature disputes that.
    My state does indeed regulate.
    Has for decades.

    Michigan Legislature - Section 333.7212

    Curious- I’ll ask again. What state do you live in that does not regulate?


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  13. #19

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    Default Re: Cannabis stocks

    And I don’t happen to see drugs listed in the U.S. Constitution anywhere. What makes you think the federal government has the sole authority to regulate drugs? (While we are talking, what gives the feds ANY right to regulate drugs? )


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  15. #20

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    Default Re: Cannabis stocks

    Back to the topic- Canopy seems to be a decent investment. Will have to look to see how I can invest in that in the future.


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  17. #21

    Default Re: Cannabis stocks

    Quote Originally Posted by tsptalk View Post
    This thread is about cannabis stocks. I'll move the moral discussion about pot to the health forum (http://www.tsptalk.com/mb/health/) although I see some of you are dying to make it political.
    Investing in a substance that has health effects and is prohibited for such raises a significant long term, investment risk. This is not a moral question...investing in prostitution or gambling might be.




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  19. #22

    Default Re: Cannabis stocks

    Got it. We'll put you down as bearish on cannabis stocks.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  21. #23

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    Default Re: Cannabis stocks

    Quote Originally Posted by amoeba View Post
    Investing in a substance that has health effects and is prohibited for such raises a significant long term, investment risk. This is not a moral question...investing in prostitution or gambling might be.




    Sent from my SM-J320P using Tapatalk
    I will agree that there can be health risks associated with long term consumption of cannabis. It depends on the level of use.
    Alocohol, tobacco, prescription drugs all come with risks from long term use. It’s up to the consumer to determine whether they consume them, and whether they do so responsibly, and in moderation. Alcohol, tobacco, fast food, and snack foods have proven long term health effects, but people trade stock in those companies every day. Nothing new about investing in products that could carry inherent health risks.
    And, at this point, I agree about long term investment risks related to cannabis stocks. Too many variables at this point. So, I’ll dip my toes in short term and watch. That’s what I love about investing. Choices.
    I’ve always been a strong proponent of strict regulation and taxation of legal cannabis. Similar to alcohol laws. Over 21 to purchase or legally consume it, similar DUI laws, possession limits, similar penalties for breaking the laws.
    We’re fighting a losing battle the way it stands right now. There’s absolutely no regulatiing or slowing the flow of illegal cannabis.
    We can adapt and try something different, and hopefully more effective, or keep practicing the definition of insanity.

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  23. #24

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    Default Re: Cannabis stocks

    Quote Originally Posted by amoeba View Post
    This is not a moral question...investing in prostitution or gambling
    Wait a minute!

    Can we invest in that?

    How come nobody told me?


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