Canopy Growth Corp (WEED)

[Stephen the kid]

Here's my conversation with someone about weed stocks in a stock chatroom.


Jack, to answer your question, i dont care much for the marijuana plays at this point, untill it is adopted at the federal level, its only going to very slowly grind and frankly its too slow for me
[22:11:06] <jack1111> What about in canada, they are moving a lot faster than us. Looking to legalize it in a couple years
[22:11:16] Faux has quit (Ping timeout: 240 seconds).
[22:11:21] <jack1111> Already some strong companies building
[22:11:26] <cada> Sure maybe, i dont know much bout canada
[22:11:43] <jack1111> http://canopygrowth.com/
[22:12:54] <jack1111> Im just thinking long term, how big the market will be
[22:14:24] <jack1111> Tons of products for recreational and medcinal
[22:14:54] <cada> think abou tit like this...
[22:15:00] <cada> about it**
[22:15:10] nitc has quit (Remote host closed the connection).
[22:15:55] <cada> if it is legal for medical use, how many folks out of 100 would need it, maybe 5? how many people are perscribed opiods that are legal for medical use, maybe 5 out of 100?
[22:16:14] <cada> thats not a huge market
[22:16:21] <jack1111> They are legalizing it for rec
[22:16:25] <jack1111> in couple years
[22:16:37] <cada> i want to put my money into something that everyone can use 100/100
[22:16:38] <jack1111> medicinal is still huge tho
[22:16:45] <cada> eh
[22:17:14] <cada> i dont think it will be as big as you might think, maybe in your circle
[22:17:25] <jack1111> Not for the high
[22:17:32] <jack1111> nausea
[22:17:39] <jack1111> and other stuff
[22:17:43] <cada> 3look at alcohol, its 100percent legal and only maybe 1 in 10 people drink regularly
[22:17:46] <jack1111> It doesnt get you high
[22:18:20] <jack1111> as thinking more of tabcoo
[22:18:26] <cada> just trying to compare it to legal product vs use
[22:18:30] <jack1111> and they are billion dollar companies
[22:19:20] <cada> well first of all, you dont need to smoke marijuana once an hour like you do a cigarette user, maybe once every 3 to 4 hours
[22:20:07] <cada> secondly, the masses are starting to really understand the effects of smoking more now then ever with the sharing of information
[22:21:00] <cada> it may be a great investment, just not for me
[22:23:51] <crystalcritter> PBR.A
[22:24:04] <crystalcritter> THANK YOU, PBR.A IS THE ANSWER
[22:26:50] <jack1111> It is already making billions of dollars in the U.S.
[22:29:09] <jack1111>  if the legalization trend continues to the point that all 50 states legalize recreational marijuana. The total market value of all states legalizing marijuana would top $36.8 billion