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Post by selluwud on Dec 16, 2016 15:43:41 GMT
With the advent of marijuana legalization for medical use and in some states recreational as well, there have been many industry related companies whose share prices have gone crazy. Most likely the passage of more liberal decriminalization laws, along with the medical and recreational legalization in more states, this industry has tremendous growth potential. I have not invested in this market but wanted to start a conversation among those who have or those who are considering it to discuss the merits and/or misgivings of the players in this business. Anybody?? I guess you could consider this a bonafide subject for the biotech sector.
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Post by kclawdog on Dec 16, 2016 20:49:56 GMT
I played around a little bit at the end of the last pot boom a couple years ago. I'd been thinking about re-entering and seeing if there was anything more serious than just the hyped penny stocks I'd made some decent money on last time, but then Jeff Sessions got set to be our next Attorney General.
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Post by CM kipper007 on Dec 17, 2016 1:27:19 GMT
Yup, made a little money on CGC. That is on the TSX. Think they do have a symbol in the US too. Canada kinda has a leg over the US on this one, so this company has been going shit hot. I got out a little too soon though, and could have made quite a bit more. CGC has been doing things right so far. They started with medical ganja, and really built up quite a large company. Now they have affiliates in Germany, and are also acquiring fast. They are our biggest pot company. They got Snoop doggy dog also to put his name on 3 strands of their product. Look for Justin Trudeau to legalize this next year in Canada. There's been a lot of press recently regarding guidelines on where it should be sold, how much you can grow at home, etc. The problem with the US is that this is still against federal law. I am not sure how things are going to work out, but some people are thinking companies like CGC could supply the US with weed. Interested to see what happens next year. I am not a smoker, and have only ever tried a couple of puffs as a stupid teenager... but I could be tempted into trying a brownie or two when it is all legit.
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Post by selluwud on Dec 24, 2016 14:06:31 GMT
Yup, made a little money on CGC. That is on the TSX. Think they do have a symbol in the US too. Canada kinda has a leg over the US on this one, so this company has been going shit hot. I got out a little too soon though, and could have made quite a bit more. CGC has been doing things right so far. They started with medical ganja, and really built up quite a large company. Now they have affiliates in Germany, and are also acquiring fast. They are our biggest pot company. They got Snoop doggy dog also to put his name on 3 strands of their product. Look for Justin Trudeau to legalize this next year in Canada. There's been a lot of press recently regarding guidelines on where it should be sold, how much you can grow at home, etc. The problem with the US is that this is still against federal law. I am not sure how things are going to work out, but some people are thinking companies like CGC could supply the US with weed. Interested to see what happens next year. I am not a smoker, and have only ever tried a couple of puffs as a stupid teenager... but I could be tempted into trying a brownie or two when it is all legit. Kip, me being an older ex- hippie/surf nazi can give you some insight into brownie consumption. It's pretty close to tripping on a psycho active drug, smoking is less intense but quicker acting. Be careful and be in a comfortable setting, it will sneak up on you. LOL
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Post by actcrazy on Dec 24, 2016 16:08:16 GMT
PMCB = Pharmacytebiotech is a cannabanoid pharma co. that is truly working on some cures and treatments... after a long slow period of communication with FDA....their NDA's are forthcoming. They have an interesting encapsulation technology.
On another note....MRPHF Marapharm Ventures out of Canada is jumping into the new legal market in Nevada. They have acquired exclusive licences to put vending pot machines into the Casinos. and have purchase orders out for the machines. They also have new property (all paid for) and licenses to grow ...first harvest in Nevada within three months. Oh...and Zero debt. Canada is near the brink of legalization, I believe...glta
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Post by atomicpunk on Dec 25, 2016 7:54:36 GMT
PMCB = Pharmacytebiotech is a cannabanoid pharma co. that is truly working on some cures and treatments... after a long slow period of communication with FDA....their NDA's are forthcoming. They have an interesting encapsulation technology. On another note....MRPHF Marapharm Ventures out of Canada is jumping into the new legal market in Nevada. They have acquired exclusive licences to put vending pot machines into the Casinos. and have purchase orders out for the machines. They also have new property (all paid for) and licenses to grow ...first harvest in Nevada within three months. Oh...and Zero debt. Canada is near the brink of legalization, I believe...glta MRPHF Marapharm Ventures looks really interesting but worried about the trump administration and jeff sessions. i really think there's money to be made in cannabis and i wanna get in on it. How do you see things playing out?
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Post by actcrazy on Jan 1, 2017 4:01:44 GMT
To-nite Pot becomes legal in another handful of states including Nevada. What happens in Vegas really doesn't always stay...he-he. Big money and the possibility of Canada's legalization....some tickers are sure to go thru roof...but, which ones....I wont push any on any body...just love to share , what little I know. Atomic...if you remember me or not I was bo-bo241 ,over at icell.. ..PS. I still follow Lanza. Best to you and yours. Happy New Year all!
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Post by actcrazy on Jan 1, 2017 4:05:02 GMT
What I meant to include about the new administration..... Too big of money to stop this train...imo...but, I have not heard Trump's views on the subject...yet...again..best to all here!
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Post by actcrazy on Jan 5, 2017 3:45:50 GMT
I know may sound crazy...but look at this source...hehe. I hold some LITHIUM stocks and follow them. Added a few of these the other day for kicks n giggles US Lithium corp. LITH because....they are now pot related. They purchased a database and now have set up iWeeds.com the who's who of where and why of Pot...so see for yourself...who knows. They are located in Nevada. Currently at .04 very small cap otcbb. and they own a gold mine in Canada and play with Litium. GLTA
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Post by selluwud on Feb 9, 2017 15:31:47 GMT
I've started a small position in GRPOF OTC(Tetra Bio Pharma in Canada)just for kicks. The stock has recently begun to go up and other than that, I don't really know much about them other than what you can find on the web.
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Post by selluwud on Feb 13, 2017 22:11:48 GMT
I've started a small position in GRPOF OTC(Tetra Bio Pharma in Canada)just for kicks. The stock has recently begun to go up and other than that, I don't really know much about them other than what you can find on the web. Dang lucky pick I guess, up 70%, bigger stake would be nice.
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Post by antoinetw on Feb 22, 2017 8:43:41 GMT
With the legalization of medicinal marijuana happening in the states and other similar jurisdictions, to me it seems like a start of a new industry that will likely flourish several years from now. Would like to share great marijuana stocks for 2017
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Post by selluwud on Dec 27, 2017 1:28:03 GMT
I recently bought a modest amount of the Canadian cannabis entity APHRIA (APFQF) which has been on tear. At the time I started this thread it was 3.849 per share. They have removed their focus from the US Market due to the US federal laws concerning pot and the rules of being on the TSX and the breaking of those laws/rules. With the possibility of lawful recreational use being passed into Canadian law coming in 2018, I only see nothing but upside off the charts potential in the coming year. Started with my toe, but thinking about diving in.
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Post by selluwud on Dec 28, 2017 1:15:09 GMT
Added some Village Farms Int'l today on a dip. I can only hope the Canadians get the legislation passed this year or I may take a beating.
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Post by actcrazy on Dec 28, 2017 16:58:28 GMT
I've increased my position in MRPHF and VRTHF, Veritis is a testing facility that Marapharm owns about half the shares. This morning VRTHF received a Health Canada Dealer's License. Marapharm is a Canada co. with pot licenses in Washington , California and are big in Nevada along with Canada. The share structure is a bit strange? GLTA
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Post by stargazer on Dec 28, 2017 20:26:33 GMT
Too many companies to research so I purchased the etf available to us in Canada because I feel that many companies may not survive.....it is similar to the 1920s in the US when there were 600 auto manufactures! The etf HMMJ.TO is up about 80% since my purchase earlier this year. The expectation of full legalization is around end summer 2018. If for some reason it does not happen then I expext the stock prices to go down substantially. ycharts.com/companies/HMMJ.TO/holdings
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Post by selluwud on Jan 4, 2018 21:06:49 GMT
Sessions decision to overturn Obama's memo is stalling the weed market in the US and Canada. Not too worried about the Canuck market so much.
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Post by stargazer on Apr 20, 2018 20:47:56 GMT
Started a small position in Sunniva (C.SNN, OTC:SNNVF) this week. Looks to be an interesting company with a very large state of the art facility under construction near Palm Springs, CA, and permitting underway of another one in British Columbia, Canada. The proposed Canadian facility already has a supply Contract with Canopy Growth. Also, importantly, both R's (Cory Gardener of CO) and the D's (Chuck Schumer) appear to be warming up to the Med MJ industry - at least that appears so from their statements so maybe a good time to dip the toe! www.stockhouse.com/news/newswire/2018/04/19/who-will-dominate-california-world-s-largest-cannabis-market <== interesting read
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Post by actcrazy on Jan 2, 2019 21:31:35 GMT
MRPHF changed their name to LIHT cannibis otc ticker is LIHTF. Currently in toilet but a possible bargain....GLTA
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Post by actcrazy on May 24, 2019 1:53:53 GMT
Lihtf has a trading halt today pending news? Anybody seen a halt go all day with no news? Aurora's Nilda Rivera has become Liht's CFO recently. 300,000 sq.ft. of licenses in Nevada...the only triple certified cannibis in Nevada...called Fiore. This morning still in the low teens..but I think not for long. 450,000 sq.ft. in Canada....Very large position here I have....GLTA!
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