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Wow first post ever huh? Good luck with that.
Article on CNN
"This may be 10 times what I expected," Linda Andrews says on opening day. "It looks like it's going to be lucrative, but it looks like we're going to have to produce more."
Her husband agrees. In addition to selling marijuana, the family business is also licensed to grow it. When Donald Andrews shows how a handful of growing rooms are one-third empty in a basement backroom, he predicts a new future:
"We're anticipating how to grow more marijuana efficiently, and we're going to expand into more space, but I got to tell you: I think the demand is going to be substantial. It blows me away."
CNN:
Recreational pot sales: The grass is greener
http://cnn.it/Kpy0CV
Hey, check this out from CNN:
In the Crossfire: Legalize Marijuana?
http://cnn.it/1csFDOv
Hey, check this out from CNN:
In the Crossfire: Legalize Marijuana?
http://cnn.it/1csFDOv
Wow if you haven't watched this already, you need to. The only stock and I repeat the only stock that he mentions is growlife. Amazing
He said in the last few seconds he mentioned his subscribers 2014 pick of the year...wonder what it was?
2 articles on CNNs most read:
Hey, check this out from CNN:
Colorado makes history on recreational pot
http://cnn.it/1eUMeJ8
2 articles on CNNs most read:
Hey, check this out from CNN:
Colorado makes history on recreational pot
http://cnn.it/1eUMeJ8
Hey, check this out from CNN:
Colorado makes history on recreational pot
http://cnn.it/1eUMeJ8
Hey, check this out from CNN:
Colorado makes history on recreational pot
http://cnn.it/1eUMeJ8
Million share buy at 14.75
HODs
Front page - at the top - premium exposure for the sector
http://www.cnn.com/
Hey, check this out from CNN:
Recreational pot for sale in Colorado Jan. 1
http://cnn.it/1eLN2A5
CNN.
from CNN:
Recreational pot for sale in Colorado Jan. 1
http://cnn.it/1eLN2A5
CNN.
from CNN:
Recreational pot for sale in Colorado Jan. 1
http://cnn.it/1eLN2A5
Same guy, looks to be a lucrative choice for the spot
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=60482439
The only reason you are on this board is to "attempt" to tear it down because your primary stock pick was over taken, and your scared. ...and rightfully so. Things aren't looking good over there.
And I own it too! I just don't have the audacity to attempt to tear down other tickers to make mine look better.
Honestly I feel embarrassed for you.
You're right, I forgot that PHOT is the only fully reporting SEC company in the sector. Especially when they are not required to do so.
Sounds like shady lawyer techniques and strategies there....
I own mjn@ and hem& and a host of other MJ stocks, because smart investing diversifies. You don't see me going to other boards trying to tear them down just because my primary pick isn't doing as well as I want it to.
Food for thought....
Go MJ period.
Again, two lawyers running the show. I'm sure they dotted their i's and crossed their q's before they just threw something together.
Let's keep civil here for the benefit of MJ. No need to cross borders to tear others down.
Doesn't Arcview have an interest I'm PHOT?
http://www.medicaljane.com/2013/12/19/new-york-assemblyman-decides-to-invest-in-the-emerging-cannabis-industry/
With 12 years under my belt in bank management and a few more as a RIA, I can tell you banks definitely won't be getting into loans any time soon. Your right - bank accounts and debit cards... But even to be considered for a small business loan or commercial loan you'll have to have 2 years (recreational business) under your belt before they will even take your application.
They will definitely have to prove themselves first before any banks will be handing out loans. Which is another plus for GL Financial.
Love this quote from the article...guess who everyone will turn too when they are bombarded by demand Jan 1, the picks and shovels....
'So while demand is expected to soar, supply will be roughly the same over the next few months. That imbalance could create a host of problems, from operational issues to empty shelves. Retail stores might have to actually turn away customers or temporary close to rebuild inventory. And prices could fluctuate significantly (for more on pricing, see our upcoming story this Friday).'
“There is no way there is enough [marijuana] in the system right now for the rec market,” said Van McConnon 0f the cultivation consultancy Colorado Cannabis Systems. “I honestly have no idea how you can follow the rules and run a rec shop in the first year of business.
What does that mean for us existing shareholders that decided to stick it out?
Wow great analogy and something I didn't know. Kudos.
Its probably Google. They gave 275k loan to an MJ company for advertising a while back so they do have interest.... Wouldn't that be the dream
NY looking good:
http://video.cnbc.com/gallery/?play=1&video=3000227288
Interesting story to all of a sudden show up on CNN.
Hey, check this out from CNN:
Trader turns $1,500 to $1 million in 3 years
http://cnnmon.ie/1bKL3ax
Ya don't think that's correct.
What just happened? I look away for 10 minutes and then explosion? What happened
Harvard Business Review article
http://blogs.hbr.org/2013/12/the-growing-business-of-marijuana/