Replies to post #61498 on GrowLife Inc (PHOT)

[gotinearly]

I disagree, they want the MJ sector as the smoking sector is dwindling daily. They are making money of course but...

[TheInvestor100]

Fat cats and greedy humans are two different monsters. That being said..

Of course they care. Tobacco is smoked and so is mj. There are many similarities in business and interests. You don't think that mj will affect tobacco sales? Of course it will.

Tobacco companies want to get into this industry. They will buy out the small companies and reduce competition while gaining an advantage.

During the Internet and tech boom lots of buyouts occurred and lots of companies went under simply because they were just too small or disadvantaged

[globaldata77]

<<<<<<<<I don't think big tobacco really cares about the MMJ industry...they make their money day in and day out. Why bother?>>>>>>>>>

Funny you should say that. Just today I was reading an article and the headline went something like this. “Smokeless World Inevitable” It went on to discuss how the Center for Disease Control and many others felt that smoking tobacco would never end but have now come to the conclusion it will in fact end in the not so far away future. Bottom line: they are losing smokers every day and need something to replace that revenue.

Think of all the equipment and land tobacco companies have not to mention the other resources that could be flipped in a second to grow MJ.

You mention drug companies. You do realize that Bayer (as in aspirin) is behind GWP# and right now it looks like they could end up controlling MMJ unless maybe another pharmaceutical with similar resources or more gets in the picture.

Big money never has enough money. Never!!!

Do enjoy the discussion and everyone’s input as this will be upon us sooner than later.

GLTA