How do you feel about Marijuana stocks
How do you feel about Marijuana stocks
I am going purchase one when the dust settles out. The one that looks the best is Canopy Growth, Constellation Brands has invested in them.
Last edited by cvo on Sat Oct 20, 2018 10:21 am, edited 1 time in total.
I have a couple dollars and have been thinking about it, but I know NOTHING about it.
I'm sure I would lose my ass in no time!
I'm sure I would lose my ass in no time!
Could be the next big bust. I expect a blow-back from the medical and pharmaceutical establishment because of very limited medical use as anything but an analgesic and childhood anti-seizure treatment, plus the problems of early onset schizophrenia and lung cancer.
Generally prices and expectations get pumped up way too high on anything new and exciting. Then reality intrudes, the mass of big losers and small companies that failed to grow are winnowed out, bankrupted, disappear or are sucked up by more successful companies. Then everyone conveniently forgets Digital Equipment and Commodore Computers and focuses on the big money makers like Intel and Microsoft.
The same thing is happening with drones right now.
Generally prices and expectations get pumped up way too high on anything new and exciting. Then reality intrudes, the mass of big losers and small companies that failed to grow are winnowed out, bankrupted, disappear or are sucked up by more successful companies. Then everyone conveniently forgets Digital Equipment and Commodore Computers and focuses on the big money makers like Intel and Microsoft.
The same thing is happening with drones right now.
I wouldn't be surprised if the government charged all the investors one day under RICO for financing an illegal drug operation.
Never want to get involved with anything with the term "legalized" attached to, that means sooner or later the government will get involved either taxing it, limiting sales and they will bastardize it as sure as I'm sitting here, so with that in mind I'm going to pass and sit back and watch .. 
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photohause
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Look into Canadian MJ stocks
“You didn’t finish school, did you?
I was just in Canada. Plenty of talk about Canadians who work in a MJ dispensary having trouble at the US border with US Customs, & being refused entry into the US. Even the head of the provincial commission that distributes the MJ will be considered a drug czar should he try to enter the USA. I personally would have nothing to do with any MJ stocks. After all, there are plenty of 4473’s out there where I have sworn I have nothing to do with MJ. GARY.
Last edited by N4KVE on Sat Oct 20, 2018 6:05 am, edited 1 time in total.
> How do feel about Marijuana stocks...
I suppose it depends on how useful the fibers might be. Are they light enough to replace cotton? Are they strong enough to replace sisal? Really, I've never even seen any discussions on the usefulness of fibers from marijuana stalks.
I suppose it depends on how useful the fibers might be. Are they light enough to replace cotton? Are they strong enough to replace sisal? Really, I've never even seen any discussions on the usefulness of fibers from marijuana stalks.
Hemp is strong but the fabric isn't as comfortable as cotton - no matter how much the cannabis and eco-nuts tout it. Before any of the anti-marijuana legislation it was grown almost entirely for heavy us, mostly as rope or twine. Linen, cotton and wool were by far the most popular clothing fabrics and unless you hunt for it you'll never see historical references to hemp clothing.
The mislabeling and quality control problem touched on below is real, plus there's a near total lack of the extensive studies needed to determine therapeutic effects and correct dosage. Our experience has been pretty bad. My wife suffers fro rheumatoid arthritis and got a prescription for high THC cannabis oil. The second bottle turned out to be far stronger than the first, to the extent of causing a near psychotic episode. Even with proper dosing, enough to cut the RA pain, she found it caused serious anxiety and decided to stop using it.
Step right up for this cannabis cure
By Kathleen Parker
Columnist Washington Post
October 19 at 6:42 PM
As a new-product junkie, it was foregone that I’d swap a C-note for something called CBD, a cannabis extract promising relief from pain and anxiety, the twin banes of baby boomers recently awakened to the realization that, though their spirits be forever young, their joints definitively are not.
Lately limping, thanks to an old injury, and a few days shy of my next cortisone injection, I nearly leaped (or would have if I could have) toward the small spa table featuring CBD roll-ons and other attractively packaged potions. Call me a sucker, but I immediately embraced the sales pitch that this relatively new and wildly popular product could ease not only the ache in my ankle but make me feel a little breezier about life among headlines and deadlines.
Perhaps you’ve fallen under the CBD spell as well.
CBD, or cannabidiol (pronounced canna-bid-EYE-ol), is a nonintoxicating derivative of both marijuana and hemp. Marijuana has a much higher level of the tetrahydrocannabinol (THC), the psychoactive cannabinoid in marijuana that gets you high. Hemp has much greater levels of CBD, which doesn’t have the mind-altering effects of pot.
In the past couple of years, CBD has become all the rage for non-stoners who want to feel better, too, sprouting a sudden industry of faddish-sounding supplements and CBD-infused products. Although CBD is technically a federally “scheduled†substance, several states allow access to CBD oil and/or high-CBD strains of marijuana. To date, marijuana is legal in nine states and the District of Columbia for recreational use; CBD is legal with varying restrictions in 46 states.
In other words, CBD may be the new gold rush. Stock forecasters such as the Motley Fool suggest that there could be a $75 billion U.S. hemp market by 2030. Canada is already well on its way.
Meanwhile, a gold mine of CBD products is available online, in grocery stores and even perhaps from your local latte vendor. In a market where you can buy vodka-infused ice cream, why not a cuppa java to warm your bones and chill your mind? Other products include CBD-infused gummies, mints, mascara, vape pens, bath bombs and even a tincture for pets.
But CBD isn’t just a fad. It’s also medicine with the potential for multiple therapeutic uses.
In June, the U.S. Food and Drug Administration approved the first CBD-derived pharmaceutical drug — Epidiolex — to treat seizures associated with Lennox-Gastaut syndrome or Dravet syndrome in patients 2 and older.
This could be a breakthrough not only for patients suffering such conditions but also for CBD generally. The arrival of additional pharmaceuticals is challenged, however, by obstacles to large-scale hemp production needed for clinical trials.
Also standing in the way is the federal government’s classification of hemp as a controlled substance.
This could soon change. Senate Majority Leader Mitch McConnell (R-Ky.) inserted a provision in the farm bill to declassify hemp so that farmers can start growing it for CBD production.
In the meantime, everything else on the CBD market is pretty much a pricey game of roulette. There’s no way of knowing what you’re getting — in what quantities or with what additives. A 2017 University of Pennsylvania study found “a lack of regulation and oversight†on CBD extracts and reported that 70 percent of CBD products sold online were mislabeled.
Step right up!
For now, CBD is treated the same way dietary supplements are. Whereas drugs have to be proved “safe and effective†before they can be marketed, dietary supplements can go to market without any such evidence. The burden of proof falls on the FDA to prove that something is not safe and effective.
CBD has been gladly received despite its having avoided serious scientific scrutiny. Most will tell you that “it’s fine,†and I hope it is. But the truth is, we don’t know what quantities are appropriate or what other effects CBD might produce. The Army recently banned all CBD oils.
In essence, the public is serving as the guinea pig for a substance that hasn’t been comprehensively tested, while enriching not a few entrepreneurs who saw consumers such as me coming. Skeptics, meanwhile, wonder whether it makes sense to make public health policy through an agriculture bill.
I can’t report yet whether my investment has paid off in pain relief. Before my CBD had a chance to act, I headed to the orthopedist’s office for a drug that is both safe and effective. Cortisone may be a serious pain — ouch! — but it seriously works.
The mislabeling and quality control problem touched on below is real, plus there's a near total lack of the extensive studies needed to determine therapeutic effects and correct dosage. Our experience has been pretty bad. My wife suffers fro rheumatoid arthritis and got a prescription for high THC cannabis oil. The second bottle turned out to be far stronger than the first, to the extent of causing a near psychotic episode. Even with proper dosing, enough to cut the RA pain, she found it caused serious anxiety and decided to stop using it.
Step right up for this cannabis cure
By Kathleen Parker
Columnist Washington Post
October 19 at 6:42 PM
As a new-product junkie, it was foregone that I’d swap a C-note for something called CBD, a cannabis extract promising relief from pain and anxiety, the twin banes of baby boomers recently awakened to the realization that, though their spirits be forever young, their joints definitively are not.
Lately limping, thanks to an old injury, and a few days shy of my next cortisone injection, I nearly leaped (or would have if I could have) toward the small spa table featuring CBD roll-ons and other attractively packaged potions. Call me a sucker, but I immediately embraced the sales pitch that this relatively new and wildly popular product could ease not only the ache in my ankle but make me feel a little breezier about life among headlines and deadlines.
Perhaps you’ve fallen under the CBD spell as well.
CBD, or cannabidiol (pronounced canna-bid-EYE-ol), is a nonintoxicating derivative of both marijuana and hemp. Marijuana has a much higher level of the tetrahydrocannabinol (THC), the psychoactive cannabinoid in marijuana that gets you high. Hemp has much greater levels of CBD, which doesn’t have the mind-altering effects of pot.
In the past couple of years, CBD has become all the rage for non-stoners who want to feel better, too, sprouting a sudden industry of faddish-sounding supplements and CBD-infused products. Although CBD is technically a federally “scheduled†substance, several states allow access to CBD oil and/or high-CBD strains of marijuana. To date, marijuana is legal in nine states and the District of Columbia for recreational use; CBD is legal with varying restrictions in 46 states.
In other words, CBD may be the new gold rush. Stock forecasters such as the Motley Fool suggest that there could be a $75 billion U.S. hemp market by 2030. Canada is already well on its way.
Meanwhile, a gold mine of CBD products is available online, in grocery stores and even perhaps from your local latte vendor. In a market where you can buy vodka-infused ice cream, why not a cuppa java to warm your bones and chill your mind? Other products include CBD-infused gummies, mints, mascara, vape pens, bath bombs and even a tincture for pets.
But CBD isn’t just a fad. It’s also medicine with the potential for multiple therapeutic uses.
In June, the U.S. Food and Drug Administration approved the first CBD-derived pharmaceutical drug — Epidiolex — to treat seizures associated with Lennox-Gastaut syndrome or Dravet syndrome in patients 2 and older.
This could be a breakthrough not only for patients suffering such conditions but also for CBD generally. The arrival of additional pharmaceuticals is challenged, however, by obstacles to large-scale hemp production needed for clinical trials.
Also standing in the way is the federal government’s classification of hemp as a controlled substance.
This could soon change. Senate Majority Leader Mitch McConnell (R-Ky.) inserted a provision in the farm bill to declassify hemp so that farmers can start growing it for CBD production.
In the meantime, everything else on the CBD market is pretty much a pricey game of roulette. There’s no way of knowing what you’re getting — in what quantities or with what additives. A 2017 University of Pennsylvania study found “a lack of regulation and oversight†on CBD extracts and reported that 70 percent of CBD products sold online were mislabeled.
Step right up!
For now, CBD is treated the same way dietary supplements are. Whereas drugs have to be proved “safe and effective†before they can be marketed, dietary supplements can go to market without any such evidence. The burden of proof falls on the FDA to prove that something is not safe and effective.
CBD has been gladly received despite its having avoided serious scientific scrutiny. Most will tell you that “it’s fine,†and I hope it is. But the truth is, we don’t know what quantities are appropriate or what other effects CBD might produce. The Army recently banned all CBD oils.
In essence, the public is serving as the guinea pig for a substance that hasn’t been comprehensively tested, while enriching not a few entrepreneurs who saw consumers such as me coming. Skeptics, meanwhile, wonder whether it makes sense to make public health policy through an agriculture bill.
I can’t report yet whether my investment has paid off in pain relief. Before my CBD had a chance to act, I headed to the orthopedist’s office for a drug that is both safe and effective. Cortisone may be a serious pain — ouch! — but it seriously works.