I'm Not Gonna Pick Horses But
As a major ERBB stakeholder, I think American Green has a shot at greatness (enough disclosure for everyone?). Sure GW is the college grad on this bunch of junior college all stars, but of all the fly by night MJ operations, ERBB has several unique approaches to the sector.
American Green sells picks and shovels. While the Company is developing actual agricultural interests, their main focus is the auxiliary products and services involved in the cultivation and distribution of MJ. The Zazzz machine draws transaction fees and represents an enormous, nationwide (dare I say worldwide) opportunity to takes small pieces of each MJ purchase, potentially adding up to hundreds of millions in annual revenue. The lighting and water systems are a foray into the cultivation market and these products are complimented by a physical hydro/gardening store American Green purchased in the heart of California's largest cannabis community, The Green/Emerald Triangle. The company is working hard to develop a strong online and social media presence.
ERBB is not a company claiming to open up dispensaries in 2 years when the CEOs Colorado residency is approved or a cheap Chinese eVaporcig importer slapping a fancy brand on a product. American Green has real products, real people, real leadership and real direction. Hopefully this translates into real profits for shareholders.
I'm not sure what to expect of Q1 2015. Last year I had a strong feeling about the Colorado Event but this year I'm not sure. By now, there is plenty of interest in this market. Four years ago when I got into public MJ equites, it was small minnows swimming around. Last year the fish got a little bigger with organized penny players sniffing around. Eventually a few tuna dropped by like ArcView, High Times Fund and other $100m players claiming to commit capital. Who knows what we see. I've heard whispers about rescheduling MJ and November elections could play a role, although somehow 2012's historic vote on Amendment 64 (and WA's rec. laws) didn't do much for the MJ shares prices in Q3.
I'm pretty excited about the market and patience is key here. My strategy has been buy, hold, sell to recoup investments/take profits, and ride the freebies. Although at this point I've made my profits and trimmed my positions to where I am pretty happy just sitting on it for a while.
Good luck everyone. Let's support the small equites before the big corps take this industry over and turn it into a mega-UberCorp like a Agri-Pharma-Liquor hybrid monster company.
