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Ogla



Registered: 02/16/04 
Posts: 11,320
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I want to invest in marijuana
#26434197 - 01/15/20 12:00 AM (4 years, 1 month ago) |
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Wheres someplace I can buy stock or drop cash to invest?
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Mandarinfish

Registered: 01/27/15
Posts: 1,365
Last seen: 1 year, 2 months
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Re: I want to invest in marijuana [Re: Ogla] 2
#26434206 - 01/15/20 12:14 AM (4 years, 1 month ago) |
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.
Edited by Mandarinfish (07/23/20 04:18 PM)
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spirit_shadow
Feature not a bug



Registered: 08/15/11
Posts: 25,994
Last seen: 1 hour, 20 minutes
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Re: I want to invest in marijuana [Re: Mandarinfish]
#26434221 - 01/15/20 12:32 AM (4 years, 1 month ago) |
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Thats not how you invest in marijuana
-------------------- Those content with the least have the most.....(this account is automated, all posts related to illegal activities or advice thereof are strictly from numerous online sites and are for informational purposes only)- Circa 2011 Ban lotto
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LogicaL Chaos
Ascension Energy & Alien UFOs




Registered: 05/12/07
Posts: 69,599
Loc: The Inexpressible...
Last seen: 43 minutes, 6 seconds
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Re: I want to invest in marijuana [Re: Ogla] 1
#26434229 - 01/15/20 12:38 AM (4 years, 1 month ago) |
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wildernessjunkie
Reshitivest


Registered: 06/13/10
Posts: 8,118
Loc: HTTP 404 Not Found
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Theres a few stocks you can purchase through Robinhood, or other trading apps.
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Nichrome
I'm a torso!



Registered: 12/17/18
Posts: 6,577
Loc: Zone 5
Last seen: 17 hours, 12 minutes
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Post deleted by Nichrome
Reason for deletion: yes
-------------------- “Better to be deprived of food for three days, than tea for one.”
Freedom is not the right to do as you please, but the liberty to do as you should. ~Emerson
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Ogla



Registered: 02/16/04 
Posts: 11,320
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Re: I want to invest in marijuana [Re: Nichrome]
#26434980 - 01/15/20 01:36 PM (4 years, 1 month ago) |
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I expect to have several grand by April and maybe be willing also throw down a grand or two. Not sure yet. We can definitely talk. Currently on the way to Alaksa, so may have a hard time responding when shit hits the fan
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ShiVersblood
VAmPiRES HELLA ❤



Registered: 08/18/07
Posts: 115,627
Loc: United States of America
Last seen: 17 hours, 9 minutes
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Re: I want to invest in marijuana [Re: Ogla]
#26435428 - 01/15/20 06:23 PM (4 years, 1 month ago) |
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I would be quickly arrested if I invested in Marijuana. Recreational Marijuana is not legal in my state yet they cant sell it here yet
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Buckomcdoogle
Atypical obsessive.


Registered: 11/27/19
Posts: 932
Last seen: 8 months, 9 days
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Re: I want to invest in marijuana [Re: ShiVersblood]
#26435658 - 01/15/20 08:51 PM (4 years, 1 month ago) |
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The problem is a lot of states over-regulate it.
In Washington state the moment they legalized they basically gave the entire industry to millionaires.
For retail sales Its $100,000+ just to get your foot in the door with the paperwork and legal shit. That doesn't account for ANYTHING ELSE.
Everything has to be sent to approved test facilities and has to be sealed and labeled a certain way.
People do make big money in it but theres a lot of red tape, and by this stage in the game there are already so many people who want to be/are already in it. Its literally taxed at 50%. A pound of weed in washington state to a commercial store is worth less than $800 depending on the quality.
You're best bet, if you had a good amount of start up capital would be to figure out which state is next to legalize and how stringent their regulations would be.
By the time you buy it as a stock its going to be no different than any of the other blue chip stocks out there.
If you're really serious, buy a stake in a local store.
Weed sells itself if its available to people who like to smoke.
-------------------- "Nothing is more dangerous to your creativity than comfort and familiarity" "Nihilism is the most basic truth in existence, the only consistency throughout the world, and the universe is chaos and decay" "Logic leads to nihilism"
Edited by Buckomcdoogle (01/15/20 10:18 PM)
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Ogla



Registered: 02/16/04 
Posts: 11,320
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I've decided to target the Miami palm beach area in Florida. I want to contribute 5-10k between April and December. Now I really need to know where to get leads on business planning to open up shop there that may need help
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Hartford
Lawful Good



Registered: 11/27/19
Posts: 1,130
Loc: Tennessee
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Re: I want to invest in marijuana [Re: Ogla] 1
#26440154 - 01/18/20 12:25 PM (4 years, 30 days ago) |
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That's chump change. Nobody is going to take you seriously unless you have at least 30k, so as far as investments go, you're not getting any benefits from that other than a dividend check and a vote on trivial business decisions where your vote matters very little because there are millionaires investing along with you.
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sh4d0ws
LSx


Registered: 02/26/08
Posts: 12,086
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Re: I want to invest in marijuana [Re: Hartford]
#26440159 - 01/18/20 12:28 PM (4 years, 30 days ago) |
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If that is all you have to invest I would think it's probably easier and better to just purchase marijuana stocks (if that's what you're set on investing in)
I assume you guys probably have access to the toronto stock exchange some how also? There are a number of legal and medical canadian weed companies on there too.
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Patlal
You ask too many questions


Registered: 10/09/10
Posts: 44,805
Loc: Ottawa
Last seen: 1 hour, 15 minutes
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Re: I want to invest in marijuana [Re: sh4d0ws]
#26440209 - 01/18/20 01:01 PM (4 years, 30 days ago) |
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Don't invest in the Canadian weed market. Shares are tanking.
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cannabinated



Registered: 01/03/13
Posts: 14,743
Loc: Outside
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Re: I want to invest in marijuana [Re: Patlal]
#26440261 - 01/18/20 01:37 PM (4 years, 30 days ago) |
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Me. Give me money for a place to grow and ill give you 50% of the profit.
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cannabinated



Registered: 01/03/13
Posts: 14,743
Loc: Outside
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Re: I want to invest in marijuana [Re: cannabinated]
#26440267 - 01/18/20 01:40 PM (4 years, 30 days ago) |
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Just know that investing in the industry, if isnt a very specific business, you are investing in the death of weed. At least in the immediate short term.
Youre giving money to billionaires to displace hardworking growers. And they will just sell to monsanto when they come out on top.
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theRealrollforever
I DID-DENT



Registered: 08/31/13
Posts: 12,845
Loc: Bada-Bing!
Last seen: 5 minutes, 15 seconds
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Re: I want to invest in marijuana [Re: cannabinated]
#26440292 - 01/18/20 02:04 PM (4 years, 30 days ago) |
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Quote:
cannabinated said: Just know that investing in the industry, if isnt a very specific business, you are investing in the death of weed. At least in the immediate short term.
Youre giving money to billionaires to displace hardworking growers. And they will just sell to monsanto when they come out on top.
This. A million times this. It’s the price we pay for legalization. Is it worth it? I would say so because I’d rather rich people profit than innocent people incarcerated. Just my 2c
Do u want that honeycomb man? I never reauctioned it yet
--------------------
sunshine said: The order has to be secret and no one is sure.
Edited by theRealrollforever (01/18/20 02:05 PM)
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PatrickKn


Registered: 07/10/11
Posts: 20,584
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The best way to invest in marijuana is to grow your own or buy into a grow operation. Publically traded cannabis stocks are a gimmick unless the company in question has a set of patents, set of people or set of laws granting them sort of long term market share. If they don't, and they do not, you're essentially investing into a net loss and hoping the company your investing in is planning on diversifying out of marijuana eventually.
There is a reason people sell stocks into agricultural chemicals and equipment, but buying corn and potato farm stocks aren't as common.
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Ogla



Registered: 02/16/04 
Posts: 11,320
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Re: I want to invest in marijuana [Re: Hartford]
#26440525 - 01/18/20 04:56 PM (4 years, 29 days ago) |
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Sorry, that came off as a bit rude. Basically I wanna put my money into something that will gain interest and I can cash out for a profit a few years down the road. I really dont care about making decisions in the business. Is there a place I can go to check out people selling stocks?
Edited by Ogla (01/18/20 05:35 PM)
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PatrickKn


Registered: 07/10/11
Posts: 20,584
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Re: I want to invest in marijuana [Re: Ogla] 1
#26440532 - 01/18/20 05:00 PM (4 years, 29 days ago) |
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You're not investing into innovation or game changing technology by investing in marijuana companies that go public. Nothing that can't be copied by someone with more to invest who doesn't need public funds to push into the market. You'd be better off buying into a grow op with a clear intent to pay off it's investors by a specific timeline with existing sales to back up what it's offering.
Edited by PatrickKn (01/18/20 05:01 PM)
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cannabinated



Registered: 01/03/13
Posts: 14,743
Loc: Outside
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Quote:
theRealrollforever said:
Quote:
cannabinated said: Just know that investing in the industry, if isnt a very specific business, you are investing in the death of weed. At least in the immediate short term.
Youre giving money to billionaires to displace hardworking growers. And they will just sell to monsanto when they come out on top.
This. A million times this. It’s the price we pay for legalization. Is it worth it? I would say so because I’d rather rich people profit than innocent people incarcerated. Just my 2c
Do u want that honeycomb man? I never reauctioned it yet
Yes I do, but I'm out of the country for a lil bit. I was really hoping to get a pipe as well.
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