American Green Inc (ERBB)

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Colorado Tax Figures Reported Today
This could be a good ramp for getting ERBB up to the launchpad. I think the overall consensus is that there will be some pretty staggering figures reported sometime today. Keep in mind Colorado is 2 hours behind NY and 1 hour ahead of CA.

I'm going to say that Colorado legalization around New Year's Day could not possibly have happened at a better time. What a celebration. As a market analysis, I will venture that like most other industries, recreational MJ sales see a boost in the last quarter if the year but 2014 will be the first of many blowout holiday quarters. When the MJ equity markets settle and earnings are big board credible (Enron, cough, WorldCom, err), my guess is that Q1 and Q3 become the trading sweet spots because Q3 will be harvest and holiday demand speculation and Q1 will be when those predictions are validated.

Regarding the CO RMJ legalization...my guess is sales are additionally inflated by tourists, many who I personally witnessed in Telluride as they stood in line; some who knew about the event but many others who simply just happened to be at the right place at the right time. Maybe if the Zazzz machine was there the tourist recreational buyers could have been expedited. Most of the tourists would have preferred to just buy a prerolled jay or candy.

Hopefully these tax numbers blow people away, giving interested parties a peek at what kind of money is at play here. Now that ERBB is in CO this could be quite interesting. Herbal Elements has an application for recreational MJ and a machine would be perfect to service tourists and residents alike. It would be like walking into a 711 and grabbing a six pack.