Rightsmile, Inc. (RIGH)

[FullDeck]

On RIGH's Business Prospects 2

Agreed that states will do the bulk of the regulation. But the boys in Washington will soon be clamoring for a piece of the action.

I wouldn't be surprised to see the ATF transformed into the MATF (Marijuana, Alcohol, Tobacco, and Firearms).

REALLY!

Does "Them durn Revenoo-ers" strike any bells?

NO? Maybe I'm just too old.

The variance in state laws won't keep FDA-approved nationalized testing out. Hey, some states still have "near-beer" laws"

(From Wikipedia)

"The states of Colorado[ironic, huh? ], Kansas, Minnesota, Oklahoma, and Utah permit general establishments such as supermarket chains and convenience stores to sell only low-point beer.[9][10][11][12][13] In these states, all alcoholic beverages containing more than 3.2% alcohol by weight (ABW) must be sold from state-licensed liquor stores. Oklahoma additionally requires that any beverage containing more than 3.2% ABW must be sold at normal room temperature."

Do any local testing labs test these beers? And what about microbrews? No, these are centrally tested at the place of origin, by Fed agencies, ensuring that the producer can distribute nationally.

I respectfully disagree that testing of strains will be anything approaching a "monumental" business, for the reasons I outlined here and to Rabble. A minor business, sure, but nothing that RIGH is poised to capitalize on (even if they weren't a sham company).

Having said that, I think RIGH's chances of ever making money in this industry, even with a name change, even with a Press Release, even with a succcessful login to their website (how sad is THAT?) are virtually non-existent.