Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
http://m.wmtw.com/-/17439698/22673916/-/15ptye0z/-/index.html
Early results good for us
Yep. We are focusing on the stimulus of change in the future.
I concur. Kind of a company prerogative and dependent on skill sets.
He might be fortunate. Those that wish for even more risk can look at this: http://www.geekwire.com/2013/marijuana-pitch-seattle/
PHOT has first mover advantage, a sound business plan, great senior executive team, capital, developing economies of scale, multiple sales channels, branding, media arm, cannabis.org, political leadership, legal expertise, and transparency.
I think he's buying. PHOT went up nicely in the last 10 minutes.
Yep he's actually been around for a year
At least wait for the vote results and the earnings report Mullet. That may change your mind!
Concur, great post.
Yes that is right at the current time and place, and the market is appropriately valued now. The beauty is visualizing the possibilities in the future. And that is why the investors of GrowLife seem to have done quite well in the last few months.
Symbolism is perhaps the key here. GrowLife has a store in Portland. Portland is the first East Coast city to consider the legalization of marijuana.
Great article from NYTimes. Found it on cannabis.org Facebook page: http://well.blogs.nytimes.com/2013/11/04/tapping-medical-marijuanas-potential/?_r=2
You are right on target about the need for more research on this wonderful medicine. Here's a great review from the Mayo Clinic journal:
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3498425/#!po=45.8333
Hope you are recovering from the flooding in Colorado, sorry to hear about that.
What's amazing is the Institute of Medicine, which is the nation's leading authority on medical science, published a very large review of the beneficial effects of Cannabis in 2003! That review can be found here:
http://www.iom.edu/Reports/2003/Marijuana-and-Medicine-Assessing-the-Science-base.aspx
Welcome. I've never tried cannabis but I believe in choice, empowerment, healing, and the relief of pain.
I like your picture, makes for appropriate decoration on this board.
Great point- GrowLife is in multiple arenas.
Thank you. Every long investor might want to read this article. GrowLife is building a great reputation.
Agreed. In addition, Sterling addressed the dilution question when Alan specifically asked him about it in his SA interview in September. Sterling has 124M shares, he is a stakeholder in the future of this entity.
Oops the market report will cost $450 the executive summary comes out tomorrow. Here's some other great info on projections of the cannabis industry: http://mmjbusinessdaily.com/MMJFactbook2013ExecutiveSummary.pdf
Thank you. Here is the primary source of the article;
http://www.arcviewmarketresearch.com/
Please post article, thank you.
Welcome back JumpingMullet!!
Thank you. He's a tremendous force in the organization and one of the primary reasons for its current success.
Agreed.
I share your burden of being a visionary. Investment and this board may be quite healing!
Thank you for sharing.
We will see how sticky their customers are when the 3rd quarter report comes out in a couple of weeks.
And ethical behavior.
MJNA has had issues in this realm. Trust/reputation is valuable.
Concur. The cultural trend and momentum is clearly positive. The news may very well be good in a few days. Selling now before news (information) may be risky.
Why did he say that?
Was he referring to a particular website. PHOT has multiple online channels and brick/mortar locations.
Looking forward to the information. Thank you and I trust you will have a pleasant experience.
Sure, if I could.
Finding information (due dilligence!) on private companies is challenging and takes time. I spent a weekend researching GrowLife and it is a transparent company. In fact, that was how I found PHOT by screening out all the companies that do not file audited SEC reports regularly- which is nearly all the companies in this industry. Time is money- besides for the ethical implications of transparency. Trust is valuable too.
If you have a methodology for investigating private companies please share. Thank you.
I
Thank you.
Entire please.
Wow. Okay I hope the crew gets that!
What private companies have substantial potential in this sector?
There has been a paradigm shift in the acceptance of cannabis and the company has made several strategic moves since February. GrowLife is a different company now. it has managed to bring in very talented senior executives in the last 6 months.
The opportunity costs of staying in the sidelines with short term profits can be substantial.
Absolutely!
That might miss all the news from voting Nov 05.
Yes- I look at this daily. strategically the paradigm shifted after Gupta. My opinion if you wish see my first posts. In any case my purchase at of 1M shares at .0314 were in large part due to the medical/cultural that Gupta described.