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Sharmav5

06/02/17 12:58 PM

#31916 RE: BigB111 #31914

Open account in ameritrade

Risicare

06/02/17 3:22 PM

#31917 RE: BigB111 #31914

Best thing is to thank them for keeping you from being a hapless penny stock loser.

JohnBlaze

06/02/17 3:42 PM

#31918 RE: BigB111 #31914

Get a better broker that lets you control your stuff. Nothing worse than someone else telling you what and how to spend your money. I use E*TRADE. No limits.

29YEARINVESTOR

06/02/17 11:28 PM

#31921 RE: BigB111 #31914

Etrade , Schwab , fidelity or any broker besides TD Aturd it is not penny friendly I would not open another account with TD Aturd.
NGBL ran 2500% Pre-Election and the same opposition on this board told Me last fall I would lose if I bought.
But one look at Jeffery Gohs Resume Made my day and I loaded after he said he would fix the past Managements problems (which by the way was resolved in March) and man did we ever have a run on that news before the problems where resolved. Man that was fun and the opposition got louder and louder but fell on Deaf Ears. While us winners had a nice long profit party. I sold to much to soon and only caught 1500% of that 2500% run but Now I'm riding for free and have re-loaded with part of my profit!
I hope you get a new account and Get in before the expected good news. In March Goh said new plan was showing signs of success and should have good news to follow in coming weeks and months, which could be any day now.
Good Luck and Happy Trading!

29YEARINVESTOR

06/06/17 7:12 PM

#31955 RE: BigB111 #31914

Check out the Farm!


hope you got a new broker News soon!
One thing is for sure shorts hate a dividend. Hopefully Mr. Goh will spin one off if it's needed!

When Jeffrey Goh Speaks People Listen.
Jeffery Goh's Last Public spoken words:
We developed and have been executing our new business plan, which is beginning to show early signs of success.

News any time now. It's now time to speculate once again Now that many big dollars and heavy hitters are starting to invest in Cannabis. the biggest cannabis runner in the 2012 to 2014 cannabis run was a cannabis real estate Co. It went up 135,000%.
NGBL is positioned to be a big part of the Cannabis
Green Rush Biz!
Just like the Gold Rush!
THE Green Rush is Own and we Own It!

May 24, 2017 A $200M day: Two investors reveal big plans to fund marijuana businesses

By Bart Schaneman

A California retail estate investment firm and a wealthy Florida medical marijuana advocate separately pledged Tuesday to pump $100 million each into cannabis businesses, marking a notable new chapter in the MJ industry.

The combined $200 million is among the largest amounts of planned cannabis investments disclosed in a single day.


Moreover, the investment plans were unveiled at opposite ends of the country, signaling growing investor interest in marijuana businesses from coast to coast.

In California, a new MJ subsidiary of an established Beverly Hills real estate investment firm announced plans to spend $100 million on California’s medical and recreational marijuana industries over the next year.

StarGreen Capital, a unit of StarPoint Properties, said it plans to pump money into a range of marijuana companies, focusing initially on cultivators, manufacturers and retailers.

Also on Tuesday, Florida attorney and medical marijuana advocate John Morgan told the Miami Herald he plans to invest $100 million in “the right opportunities,” adding that he’s also interested in acquiring a stake in a licensed MMJ business in his home state.

In an interview with Marijuana Business Daily, Morgan – who was the main force behind Florida’s successful MMJ legalization ballot measure last November – said he will use his own money. He will consider investing in businesses in his home state and across the nation.

Troy Dayton, CEO of investment and market research firm the Arcview Group, predicted additional significant investment dollars will flow into the cannabis industry after Tuesday’s announcements.

“There’s still a long way to go,” Dayton said. “We’ve just seen the beginning.”

Diversifying into cannabis

Paul Daneshrad, the CEO of both StarGreen Capital and parent StarPoint, said it is time to move beyond traditional commercial and residential real estate deals.

“We’re just seeing a much greater, and greener, opportunity in this space and we feel like this is a much better place to invest capital,” he said of cannabis.

Parent StarPoint invests in commercial and multi-family properties in California, Colorado, Florida, Texas and Washington state. On its website, StarPoint said its current real estate portfolio totals $800 million.

Daneshrad said StarGreen Capital has lined up the $100 million. The company already has invested $15 million in marijuana businesses.

The firm also is in late-stage negotiations with two California marijuana businesses that Daneshrad declined to identify because of confidentiality agreements.

Looking beyond California

While StarGreen Capital’s initial focus will be California, the company is prepared to look nationally at some point.

In terms of individual deals, Daneshrad said StarGreen Capital’s “sweet spot” will be in the $5 million-$20 million range. If the deal is larger, the company would consider it but would probably team with partners.

The company hopes to make about 10-15 deals. “We do want to diversify it,” Daneshrad said.

He said StarGreen Capital already has lined up “strategic partners,” including two venture capital firms and two cannabis funds.

According to Daneshrad, StarGreen Capital for now will focus on professional entrepreneurs who have a branded strategy.

The company also likes anything with a real estate component, Daneshrad said – for example, a dispensary that wants to cultivate and owns a piece of real estate. Another ripe candidate would be a grow operation in Colorado that wants to move into the California market and needs real estate, capital and a partner.

“The best partner for us is someone who is somewhat sophisticated and professional and wants a silent and professional partner,” Daneshrad said. “What I would call ‘friendly capital.’”

StarGreen Capital is interested in both new and established companies.

“The younger, newer entrepreneurs who have just started and are having a harder time to access capital are good partners for us because we want to just be a capital source and that’s going to be a lower entry point for us. Meaning it’s going to be an earlier stage but cheaper,” Daneshrad said.

“The more established companies are going to give us a quicker entry into the market and stronger penetration, but it’s going to be more expensive.”

From Florida politics to investing

In Florida, Morgan told the Miami Herald that he’s “prepared to invest significant monies in the marijuana industry, and I plan to.”

In an interview with MJBizDaily, Morgan said he would invest in licensed businesses. “The biggest money is in the growing and distribution,” he added.

Arcview’s Dayton said that makes sense. Based on growth and the size of this market, he added, it was only a matter of time before deep-pocketed investors would more freely deploy their cash.

“It also makes sense that the big capital is going to go to real estate and the licensed businesses,” Dayton said. “These states aren’t going to give away these licenses again. When a new state passes a law, it’s a rare moment in time.”

Morgan was the main financial backer behind Florida’s successful MMJ voter initiative last November as well as a failed ballot measure in 2014. The Orlando attorney spent roughly $7.5 million of his own money on both campaigns.

Morgan previously has said he didn’t plan to invest in the cannabis industry. According to the Miami Herald, he rejected any suggestion his financial interests in cannabis influenced his political activism – or that his spending on the MMJ campaigns represented a financial down payment in the industry.

Morgan did acknowledge he’s been approached about investing in Chestnut Hill Tree Farm, a licensed CBD business in Florida that is at the center of a lawsuit over its sale to a Canadian medical cannabis producer.

“I have been approached by many companies here and in the U.S. and have and will continue to consider them,” Morgan told the Herald.

He added that Chestnut Hill “continues to be on my radar” and that he would be “interested (in) investing if the valuation is one I think fair. And if it becomes available.”

Bart Schaneman can be reached at barts@mjbizdaily.com

Daily News | California Medical Cannabis Business & Marijuana Legal News | Featured | Florida Medical Cannabis Business & Marijuana Legal News | Sales, Funding & Banking News


https://mjbizdaily.com/200m-day-marijuana-industry-two-investors-unveil-separate-plans/