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Thread: Cannabis stocks

  1. #49

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    Default Re: Cannabis stocks

    I lived in the Mojave desert when I was a kid, lots of land, not much water. They might be able to grow Tumble Weeds there.

    The third largest city in California is this huge desert ghost town




    Dec. 10, 2015, 10:50 AM

    California's two largest cities by area, Los Angeles and San Diego, have beautiful beaches and boast more than a million residents.
    California City, which sits in the tumbleweed and dust-filled Mojave desert, is the unexpected third.
    Just 14,000 people live in the 203-square-mile city northeast of Los Angeles, as a video from YouTube personality Tom Scott reveals.
    A ghostly patch of land, California City signifies the unrealistic ambitions of post-WWII development.
    In the late 1940s, California experienced a population boom. Looking to get rich quick, many real estate developers looked West to build new suburbs. Clearing California City's land for development ironically led to more dust storms, and the suburbs never quite caught on.
    "They built it, and no one came," Scott says in the video. [more]

    California City ghost town in the Mojave Desert - Business Insider



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  3. #50

    Default Re: Cannabis stocks

    Quote Originally Posted by nnuut View Post
    I lived in the Mojave desert when I was a kid, lots of land, not much water. They might be able to grow Tumble Weeds there.

    The third largest city in California is this huge desert ghost town
    And this has WHAT to do with cannabis stocks, I dare ask?
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  5. #51

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    Default Re: Cannabis stocks

    The Tyson post mentions California City.
    May the force be with us.

  6.  
  7. #52

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    Default Re: Cannabis stocks

    Quote Originally Posted by nasa1974 View Post
    Read the post about Tyson. That will explain nnuut's post.
    Yep, I don't think Mike qualifies as a knowledgeable FARMER.



  8.  
  9. #53

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    Default Re: Cannabis stocks

    Quote Originally Posted by rktect1 View Post
    OK. So todays news about AG Jeff Sessions has scared me a bit. I looked up CANN which dropped on this news 30%. I pulled back to a modest 750 shares at $7.35 per share for about $5,512 plus $7 for the trade which I had to do over the phone as Vanguard has put a hold on online trades with this.

    Crossed fingers for a bounce back up.
    Yeah, I saw this brief story on MSN this AM. The part were it states "Sessions compares marijuana to heroin and blames it for spikes in violence" has me a bit confused.
    Is he talking about the violence associated with the sell and distribution of illegal pot? You know, the stuff law enforcement has been almost powerless to stop for decades because it's, you know, illegal and unregulated?
    Or is he referring to those mythical creatures, the violent pot smoker? I've never personally encountered one, but apparently they exist if that's what Sessions is referring to.

    US to end policy that let legal pot flourish
    https://www.msn.com/en-us/news/us/us-to-end-policy-that-let-legal-pot-flourish/ar-BBHRgOQ?li=BBnbfcL

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  11. #54

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    Default Re: Cannabis stocks

    I wonder if the fact that it's the desert, and there's no water, came up in the conversation between Tyson and the California City Mayor?


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  13. #55

    Default Re: Cannabis stocks

    Quote Originally Posted by nasa1974 View Post
    The Tyson post mentions California City.
    OH..I see now..I thought it was "a" California City, not a city named California....And here I though Oklahoma was the only one being clever with Oklahoma City in Oklahoma county in Oklahoma...go figure
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  15. #56

    Default Re: Cannabis stocks

    Quote Originally Posted by RazorCat View Post
    I wonder if the fact that it's the desert, and there's no water, came up in the conversation between Tyson and the California City Mayor?
    I'm sure plans for irrigation is also on the table..Ever see the huge and many GREEN crop circles around Phoenix?..So it's very doable.......Can't drive a car without gasoline
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  17. #57

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    Default Re: Cannabis stocks

    Quote Originally Posted by Buster View Post
    I'm sure plans for irrigation is also on the table..Ever see the huge and many GREEN crop circles around Phoenix?..So it's very doable.......Can't drive a car without gasoline
    The land in the Desert is cheap, if it could be used for agriculture I'm sure it would have been done before.



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  19. #58

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    Default Re: Cannabis stocks

    Sessions announces end to policy that allowed legal pot to flourish

    DOJ leaders said the Obama-era policies made marijuana industry players too comfortable.

    By JOSH GERSTEIN and CRISTIANO LIMA
    01/04/2018 09:31 AM EST
    Updated 01/04/2018 12:15 PM EST

    Attorney General Jeff Sessions announced Thursday he is rescinding an Obama-era policy that had paved the way for legalized marijuana to flourish in states across the country, prompting quick pushback from at least two Republican senators from states that allow its use.

    In a long-awaited move, the Justice Department chief withdrew federal guidelines that effectively limited prosecutions of businesses and individuals who sold pot in a legal manner under state law, even though the drug remains illegal under federal law.

    Sessions said future prosecutions would be up to individual U.S. attorneys. However, the announcement appeared intended to discourage marijuana-related business by being deliberately vague about future federal enforcement efforts. The effort will likely further muddle the legal status of marijuana for states that have passed legislation allowing people to grow, buy or use pot.

    "Given the Department's well-established general principles, previous nationwide guidance specific to marijuana enforcement is unnecessary and is rescinded, effective immediately," Sessions said in a one-page memo sent to federal prosecutors nationwide.


    More:
    https://www.politico.com/story/2018/...rcement-324020

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  21. #59

    Default Re: Cannabis stocks

    Quote Originally Posted by rktect1 View Post
    OK. So todays news about AG Jeff Sessions has scared me a bit. I looked up CANN which dropped on this news 30%. I pulled back to a modest 750 shares at $7.35 per share for about $5,512 plus $7 for the trade which I had to do over the phone as Vanguard has put a hold on online trades with this.

    Crossed fingers for a bounce back up.
    A bit? Apparently not much if you bought. Or did you sell?

    Sent from my SM-J320P using Tapatalk

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  23. #60

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    Default Re: Cannabis stocks

    Sector has been down lately but hoping this is a dip so I bought more. In SPRWF @ 2.08. Still up over 100% on LBUY

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