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Of course...get their 8.95...which in the end will be insignificant. Thanks Baja. It isn't too often I attempt making changes mid-trade. Been investing for years. Fairly new to trading....big difference.
What really impresses me is the lack of volume here. Everyone is holding tight!!
Schwab won't let me make changes mid-transaction! I'll get it sooner or later. Might have to wait til close. I'm not worried.
you ain't kidding!!!...only got a partial fill.
Increasing my position today.
Sorry Shark....that's kinda was I was trying to say. Not a flipper.
That'd sure be nice! I suspect it might real news or positive financials to get there but I'm with ya.
This stock is tough to flip. It seems everyone is holding thier shares tight! It took me 15 minutes to hit the ask after opening bell the other day. WTF? That never happens.
Soooo, i freed up some cash today to increase my position here. I agree .25 isn't too far off.
btw, Marketshark, thanks for my first follow. I used up my PMs as this is a free acoount for now.
GLTA
Is this a repost?, That news is 3 weeks old. Just curious...FFFC has been a very good flipper to a free position.
This is the first stock tied to MMJ that I have no intention of flipping. I'm long on PHO#, FIT# and TRT# having flipped my way to a healthy position on those. Plus an accumulated million (free) shares+ of all the other fliers in this sector. They are the hares and SOCR the tortise. We all know how that story ends.
This one intrigues the hell out of me. Just wish I had more jing to throw at it.
GLTA
so he tells me...he found it online and here moments later.
I picked up a small postion on this one, got a gut feeling it's a real sleeper. Weird thing is, the ticker won't come up on sharebuilder (which I don't use). My investment buddy thought I was messing with him when I gave him the symbol.
That's what I did. I loaded a million shares at .0001 and .0002 and dumped way too early @.0011 but I did keep a quarter million shares just for the fun of it. Besides the name "Bud Genius" appeals to me and this sucker could be bought out by someone who can market it properly.
So what caused the run yesterday? 35% in one day is pretty flipping cool with no news out!!
I bought in a couple of weeks ago at .0007 got out at .0018 while keeping 60% of my shares for free.
I'm optomistic about this girl heading back to pennyland (and beyond in my dreams).
I'd bet your right. There was no reason for it to run in the first place other than the MJ sector dragging it up. I've flipped this puppy so many times the poor girl is dizzy. Sold the last of it at 0031....from 0005.
Now I'll just wait for the drop.
I've been following this stock for a few months. It's a flipper guys and gals....nothing more.
This is true. If you want dense nuggies the HPS is the way to go.
That said, I don't think that detail makes much difference when trading / investing in this sector. The Ed Rosenthals are still going to have their own niche in the business.
Ultimately legalization will put profits in our pockets and our prison poluations a little samller hopefully reducing our tax burden in the process.
I feel we're all in on the ground floor here and the next three to five years is just gonna be a lot of fun with a whole bunnch of money to be made.
Worth Reading. Maybe already posted.
Growing the pot industry: A test of American business ingenuity
Heesun Wee, CNBC
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Jan. 14, 2014 at 10:27 AM ET
Edible Events Co.
Denver-based party planner Jane West has created an upscale tasting menu designed to pair with marijuana. She is one of several entrepreneurs working on a business model for the pot industry.
Now that marijuana sales are legal in Colorado, but still illegal under federal law, entrepreneurs are rushing to figure out how to develop a business model for the pot industry.
It's a real test of Yankee ingenuity. Entrepreneurs are jumping into a Wild West-like landscape of marijuana market opportunities. This new gold rush sometimes is referred to as a "green rush," led by "ganjapreneuers."
Working within state guidelines, they are moving forward with ambitious cannabis business strategies. They see potential for big sales and profits—especially if more mid-sized businesses can transition to large, national brands.
Wealthy individual investors already are tapping private equity firms for a bite of the potentially lucrative marijuana business.
"Our investors are from the far left and the far right," said Brendan Kennedy, chief executive of Privateer Holdings, a cannabis-focused private equity firm. "There's old money and new money. You put them in a room and they wouldn't agree on anything else but this issue," Kennedy said.
Seattle-based Privateer also acquired Leafly.com, which offers online reviews of cannabis strains and dispensaries.
Twenty states and the District of Columbia allow medical marijuana—and New York Gov. Andrew Cuomo announced a medical marijuana plan last week.
But voters in Colorado and Washington state went a step further in 2012, becoming the first to legalize small plant amounts for adult recreational use and to regulate it like alcohol. Colorado sales began on New Year's Day. Marijuana retailers are scheduled to open in Washington state later this year.
Amid this historic backdrop, a small merchant-focused pot industry is growing, alongside forerunners to national—potentially public—cannabis companies. The legal marijuana sector could unfold and function like the beer industry, with small batch varieties nabbing market share amid larger brands.
For now, mass cannabis production and business models aren't as vigorous as they could be because marijuana remains illegal under federal law. Banks and credit card companies are prohibited from processing pot business transactions, according to federal rules.
In an analysis of the marijuana marketplace, San Francisco-based ArcView Group forecasts a 64-percent surge in the legal U.S. cannabis market to $2.34 billion this year. The five-year national market could grow to $10.2 billion amid rising demand and potentially new state markets, according to ArcView.
Supporters of legalized marijuana are pushing for ballot measures in Alaska and California.
"There's been a remarkable evolution in the cannabis industry," said Steve Berg,editor at ArcView Market Research. ArcView offers start-up funds to cannabis businesses. "While certain people do still smoke joints, many other formats used are constituting an increasing portion of the market," Berg said.
New marijuana ingestion methods beyond smoking are helping to drive cannabis' growth. Marijuana concentrates are the fastest growing category of products. Oil extracted from raw cannabis also can offer exact dosing for medicinal purposes, including the treatment of chronic pain. Non-smoking technologies include vaporization, edibles and capsules.
Beyond actual pot production and sales, more ancillary businesses are emerging, including security, insurance and e-commerce companies that support the legal marijuana supply chain.
Some food-focused entrepreneurs are betting adult recreational marijuana becomes an alternative to wine consumption.
Denver-based party planner Jane West, owner of Edible Events, has been throwing parties for years. As the adult legalized marijuana market takes shape, she's hosting her first cannabis-food party this month at an art gallery. She has created a tasting menu specifically designed to pair with marijuana consumption.
To be clear, the food will not include weed as an ingredient due to state regulations. Instead, the cannabis food party is BYOC, bring your own cannabis. West has partnered with Uber, which lets consumers connect with drivers using a mobile app. Party rules will prohibit guests driving themselves.
Roaming waiters will serve high-class munchies to sate cannabis-induced munchies. Forget doobies, chased by cheap party snacks. Imagine this scenario instead. Ingest marijuana through a sleek vaporizer. Hungry? Then nibble on bacon skewers, laced with ancho chile, finished with sweet corn chowder. Because ingesting marijuana can sometimes cause a dry "cotton mouth," West is sticking to food with high moisture content, so no bread, crackers or pretzels.
"I wanted high-end food pairings with 'BYO' cannabis, as cannabis is an alternative to wine," West said. "I wanted a mainstream, artisanal experience."
Amid Colorado's fast-moving marijuana scene, weed and sushi pairing menus have appeared.
Plus, a Denver marijuana dispensary already is experiencing a short-term shortage, a 3D Cannabis employee told CNBC last week. Amid restocking inventory, dispensary workers are rationing sales to customers.
Marijuana industry experts forecast an even more robust, wholesale cannabis market once a key rule expires at the end of September. Colorado law now requires marijuana businesses to grow a substantial percentage of the marijuana they sell, which is commonly known as vertical integration.
"The obvious forecast is that you'd see an industry that looks like the beer industry," said Jeffrey Miron, senior lecturer and director of Undergraduate Studies at Harvard University's Department of Economics. Micro growers could produce more expensive, artisanal cannabis strains, with larger manufacturers producing more readily available varieties. "They could co-exist," said Miron.
"The precursors of true national cannabis companies have emerged in the form of multi-state licensors and are leveraging strong branding and scalable business models," Berg wrote in his recent ArcView report.
Take the case of Denver-based Dixie Elixir, a leading maker of cannabis-laced edibles. Its products include cannabis-infused chocolate, ice cream, beverages, capsules, bath soaks and muscle relief lotion. Dixie Elixir employs a national branding and licensing strategy, with plans to grow and be acquired.
"These companies will be prime candidates for acquisition or public listing, especially upon federal legalization," Berg wrote in his report.
Yes. Pot entrepreneurs are betting on marijuana IPOs.
MSN Money just put this up.
http://money.msn.com//inside-the-ticker/c_galleryregular.aspx?cp-documentid=253475991
I agree 100 percent. .....which is why I'm trading this stock and not investing in it.
I hear ya, I'm only long on FITX, TRTC and PHOT at the moment. I've been flipping about 10 of em for free rides. I got in back in November on those.
Just to amuse myself during last the last couple of weeks. I flipped LATF, RFMK and RIGH and hold close to 2 million shares of those with zero $ invested. It's only a few hundred bucks worth...but if they run a lil on a PR...it's all profit.
Terra tech was mirroring PHOT til last weeks nosedive. It came out on top in a big way. This week should be interesting. I'd expect some PR's from the companies that dropped....and a few more from wanna be players. I tripled up on AFIA and managed to keep some too. I'd also expect HEMP to run a lil tomorrow. That made me a few dollars and now we're getting free shares in the spinoff.....at the hands of Bruce P. ...scarey.
Good luck Brother.
If we get to Wonka Land...wear a name tag as I will probably indulge in some of the product.,,,LOL!
Terra Tech has been a monster too. I have a small position there too. Missed the low 20's on Friday to load up but it's all good.
Well considering (after a lot of DD) that I pulled an expensive trigger of the drop Friday. You kinda made my day! I believe this company has staggering potential. There are a lot of flyers in this sector. A few will shake out to be real money makers.
Nice work! Big Addisone. Thanks.
Thanks. Enjoy the day.
And if their Jello takes off....I'll be really happy.
Not at all. I'll keep flipping it and riding the PRs. I was just hoping to find someone that actually walked through the door. Thanks for the chuckle.
Quiver, I like your optimism and I have made $$ on this stock. Right now my postion is 100 percent free. That said, I can't find one single review or mention of their products. Even the phone number is disconnected (for Green-Cannabis). Care to share?
Thanks, I couldn't find anything but it's being pumped all over the place today. I've flipped this one several times for some small profits just to amuse myself (call it "practice"). It's been keeping me in beer money.
Did I miss a PR or something on RIGH?
I agree, the number of people sharing "my stocks" above has increased from 3 to over 400 in one week. If that's an indicator it shares a commonality with the interest I've heard from people in the piddly stock club that comprises of me and a few friends. These are strictly low-risk blue chip conservatives in search of dividend stocks with long term potential.The last week....all they can talk about is cashing in on the MJ market. The green rush is vvery real.
Just my opinion.
Vermont article. Not sure if it's been posted.
http://vtdigger.org/2014/01/01/zuckerman-introduces-marijuana-legalization-bill/
Captain, it seems we think alike...Go PHOT!
I agree, you don't need much to grow. A couple hundred bucks will get you started with quality lighting and the basics for one to two high yeilding, high quality plants.
That said, taking care of those girls is damn near a full time job. They need constant care and nurturing. Add in the odor, social stigma or simply the space needed it's way easy to see why most people will use a supplier. They will get variety and quality without the work.
Those of us getting in on the ground floor here have a real shot at a great return. I spread some $$ across the board with the majority on PHOT (after extensive reading). To date (from early november) PHOT has provided the largest gains and the rest have doubled. I'm not in fear of losing my A$$ anymore. Media coverage is providing enough momentum to drive this sector up for a while.
My home state (NY) is slowly cominng on board and Vermont is months away from a vote and I'm hearing it's 90% in the bag in favor of legalization as a source of revenue for the green state.
Speaker...if we hit 5 or 10 dollars quickly. I'm retiring!
Thanks...This should be fun.
Agreed. I would have imagine if that company has signed a contract with PHOT. They would have shared it. Their stock is trading flat.
I saw that interview and in it Rob talked about the kiosk and it's success in the prison system but he never identified it's manufacturer. That said, I did a little digging through the post and came up with reference to GPSI. GPSI touts being involved with correctional facilities but mentions no association to GL on it's webiste or PRs.
That's exactly what the article said. Hotel Canna anyone?
This article is enertaining as well.
http://www.registerguard.com/rg/news/30919893-76/pot-colorado-state-marijuana-drug.html.csp