I don't think big tobacco really cares about the MMJ industry...they make their money day in and day out. Why bother? Their executives have nothing to gain by getting into the industry...(well of course they do but my point is a FAT CAT has no reason to go get another mouse) unless it wants to...yes which could happen...same in big PHARMA but I think to a lesser extent that could be correct you may see some buyouts but at the same time I think only at the subsidiary level keeping the stocks intact. Another scenario is I just see a takeover from that Virgin Air CEO.....what's his name? Not just him but those personalities like him..who see somethign like this as their hobby....that would make more sense to me......
However the internet boom.....how many internet companies were bought out by big industry? Question....I don't know the answer but do not recall any big buyouts....industry went up then consolidated and you now have three or four big players left after hundreds.....E-stamp was at a hundred bucks at one point......I heard twice. Lots of thoughts here to just say lots of things can happen but I do not think tobacco is a threat...IMO.
<<<<<<<<<The money is too big here. The potential is bigger than what most if not all sectors hold. They want in and they want in as soon as possible before phot or any other company builds themselves up into a contender. >>>>>>>>
Absolutely!!
It is kind of funny when you think about it. Jim Cramer has always/repeatedly said he would never discuss penny stocks on his show as they were too risky blah, blah, blah. After about two weeks of watching this sector he was talking about it.
If folks don’t think big money is drooling watching this sector you are mistaken. They can’t get in soon enough. JMHO
It is one thing to not make money. It is far worse watching others do it while you are not allowed to participate. Nothing drives big money crazier.
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