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Combined recreational and medical cannabis sales in the U.S. are projected by Marijuana Business Daily to reach $8 billion a year by 2018. That number could rise even higher if more states legalize cannabis or federal laws change.
Thanks. Im still a novice compared to some here. There are a few mistakes on it but you can get the overall feel.
GRCU
Over hype!? Just a simple pie chart showing all the benefits of MJ.
It's what this is all about.
GRCU
Back to the gap thing? lol. Tomato, tomoto. I say gap's filled but don't rule out the 200ma test on a long legged hammer.
GRCU
That right there should be a sticky ;)
GRCU
As permitted by law. KEY. Law in Uruguay. They are positioning themselves globally. Marijuana WITH THC can be grown in Uruguay not just the CBD rich strains. And the laws of the other 190+ countries on Earth are changing just like the good ol' U S of A! Import/export, it's all good!
Just something to keep in mind ;)
GRCU
UP!!!!
May get a hammer candle here this week but that's last chance ;)
GRCU
It's just a hemp non-THC based company selling products on a website. It is what it is, no hype needed
Thats more like it. This will be on the Nas and out of pinkieland in a year or 2.
GRCU
Correction:
CEO isn't interested in dropping fluff PRs. Everyone knows they have CBDs even before ICS no big deal.
The real beef will be PRd in due time and when it is it'll rock no doubt ;
GRCU
I don't know if they are real competition but I do like the stats from their PR ;)
According to InvestorIntel.com (investorintel.com/market-commentary-intel/cannabis-industry-trillion-dollar-market-making/) hemp agriculture may be a big part of America's future; the opportunity now is in the medical marijuana (MMJ) sector. Just as hemp will help kick start a revolution in nutritional health and clean energy, MMJ is kick-starting a revolution in modern science and medicine surrounding cannabinoids and the endocannabinoid system. Colorado MMJ sales hit $329 Million in fiscal 2013, up 50% from the prior year. Colorado has a population of 5.2 million people. If you average those numbers across the US population, the MMJ market has the potential to reach $20 Billion with widespread MMJ legalization in the US.
I hear ya! The day to day doesn't matter to me here though. 8 more months till I even consider selling and by then we won't be at a crappy .016.
Only two ways to beat the games. 1) day trade and that's almost impossible to do if you also work and 2) find a good stock, go long and lock your shares.
I work so mine are locked ;)
GRCU
Not too long ago it was anything under .05 was a bargain.
I gather you don't count tails. I always have considered a tail as part of a candle and if it closes a gap then the gap is filled! Some folks say tails are unimportant but the way I see it almost always the tail is the only thing that will hit support/resistance and that counts right? To each their own ;)
GRCU
Hey Sal - There goes another one ! Lol. Don't let it get to you. Happens all the time here on ihub. Its a coordinated effort by scum. Thanks for your updates and keep em coming;)
GRCU
They don't get it at all!
.20+ ;)
GRCU
Not so fast. It's all about the revenue bud. BIG tax benefits to the states. Colorado just getting started and projected 40 mil in near future. Govenment's broke state and national. They have their eyes on this for sure. It may not happen overnight but I'd say legalization will happen eventually ;)
http://www.forbes.com/sites/kellyphillipserb/2014/03/11/its-no-toke-colorado-pulls-in-millions-in-marijuana-tax-revenue/
GRCU
Divy? From a defunct travel company? PLEASE BUD!!!
Only way that could amount to anything is if we got the divvy and then PVEC went into the MJ bidness
I'll stay focused on The Hemporer and of course Dr. Wendy ;)
GRCU
All right you're on record for it now! A real deal gold trophy not some plastic plated piece of crap from China either.
GRCU
lol Certainly a "rookie" ceo wouldn't be capable of pulling that off now would he? ;)
GRCU
Never say never.
If you are sick you will pay anything for the remedy....
I am waiting for the day when CBD's are mainstream accepted and covered by insurance.
GRCU
lol pet peve?
GRCU
It'll come bud! I don't know about the timeline but without exaggeration this is worth .20+. Hold tight.
Just wait till we get a day with good volume, be like a rocket on crack!!! BAM! ;)
GRCU
Yup CBD's will be a great revenue producer and I'm a firm believer in the theory that "We ain't seen nothin yet!"
There's a ton of stuff going on behind closed doors and those doors won't open till all the ducks are in a row and when they are...LOOKOUT!
GRCU
Right on and like it's been said, it'd be nice to be in the 3-4 range before any BIG news ;)
GRCU
Hopefully this momentum keeps rolling all week and we get a day or 2 with a fat gain on volume, it'd be nice to get back in 3-4 cent range before any big news hit ;)
GRCU
I don't know bout 4th of July but even .049 would give you a MC of only 100mil. WAY UNDERVALUED. This is worth a legit 20+ cents as it sits never mind what it'll be worth down the road!
GRCU
Nice chart bud, I concur!
GRCU
Right on. I see you're not only new to Green Cures but new to Ihub as well. 3 posts. You found your way to the right place and Moist Kitty i'd be honored if I could give you your first mark ;)
GRCU
Yup. But I was thinking if they weren't in mmj bidness why grow in Uruguay? Hemp can be grown wherever. CBD alone comes from hemp. It's the thc (illegal) that provides the ultimate combo in health benefits. Kinda like rice and beans. Or pb&j. One or the other ain't as good as both together!
I think they are goiing in mmj bidness ;)
GRCU
And on 9mil! Even better ;)
GRCU
Even better ;)