InvestorsHub Logo

alpinepennyman

11/22/17 7:33 AM

#102524 RE: Stowe #102523

Good Morning $NSAV. Looking forward to MJCoin & TH Beer in December. Things are going to start getting fun around here. Go JT!

Major Profits

11/24/17 9:58 AM

#102598 RE: Stowe #102523

WRONG!! :-(

It is against federal law to buy weed with a credit card.


And the other comment, WRONG!!

Yes, recreational mj becomes legal in CA in 2018, BUT the banking industry still won't deal with mj companies. MJ is still illegal federally so banks don't want want the hassle of dealing with multi jurisdictional money issues. Meaning Chase or. BofA want nothing to with CA weed money since they do business all over the US (crosses states lines, so to speak). Taking weed money could possibly get large banks in trouble with the Feds.


You see, THE PEOPLE HAVE SPOKEN!! Meaning? Meaning that marijuana will become LEGAL in California (like Colorado and other states) to purchase for recreational use in January. As of now, BOTH CASH AND CREDIT CARDS ARE ACCEPTED IN COLORADO!! So what is up with this "MJCOIN"? A stock pump product, perhaps? ;-)

https://www.fodors.com/world/north-america/usa/colorado/experiences/news/pot-tourism-how-to-buy-marijuana-in-colorado-10403

As for what you'll pay to take advantage of the Colorado's recreational law, a gram of marijuana on average runs between $10–$20, depending on what you buy. Topicals also vary in price, but $20 is the standard charge. While cash is always an accepted form of payment, most dispensaries around the state also accept credit cards.


And, hey, even during Prohibition, people bought alcohol. How? BY PAYING CASH!!

Mark G can explain it to you. He will be advising NSAV all the way.


Frankly, I would put my trust in "Google Search" rather than ANY NSAV "advisor". ;-)

JMOs

P.S. And even if NO marijuana dispensaries accepted a credit card, they can always be used for a "CASH ADVANCE"! :-)

P.P.S. I'm still thinking that the "MJCOIN" would make a great poker chip. ;-)