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Pot stocks

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  • macdon02
    Senior Member
    • Sep 2007
    • 1858

    Pot stocks

    Canada’s legal cannabis creates risk for investors at U.S. border - BNN Bloomberg
    https://www.bnnbloomberg.ca/canada-s-legal-cannabis-creates-risk-for-investors-at-u-s-border-1.1137883

    If you own them or work for them, run! Unless you have no intention of landing in the US.
  • the big wheel
    Senior Member
    • Mar 2017
    • 3860

    #2
    And how many states is it legal in. What a shit show already.

    Comment

    • macdon02
      Senior Member
      • Sep 2007
      • 1858

      #3
      Likewise, investors in marijuana companies are considered inadmissible. “We don’t recognize that as a legal business,” Owen said. Already, marijuana investors from other countries, such as Israel, have been denied entry into the U.S., he noted. CBP did not specify any minimum level of investment that could trigger a ban.

      https://www.politico.com/story/2018/09/13/canada-weed-pot-border-783260

      The party is dead, who called the cops?

      Comment

      • sumdumguy
        Senior Member
        • Mar 2007
        • 12046

        #4
        If I owned shares think that would qualify as investing. If so, short the beggars!

        Comment

        • Taiga
          Senior Member
          • Jul 2018
          • 1488

          #5
          Not a chance I would ever invest in pot stocks. Don’t agree with legalization, don’t believe people need to be facilitated to walk around like zombies. If you can’t get through life without mind numbing drugs then you have problems. They talk about ethical investing, well this is perfect example of such. “But alcohol is legal!” . I don’t care, I don’t drink either.

          Comment

          • dalek
            Senior Member
            • Oct 2000
            • 1553

            #6
            Originally posted by Taiga View Post
            Not a chance I would ever invest in pot stocks. Don’t agree with legalization, don’t believe people need to be facilitated to walk around like zombies. If you can’t get through life without mind numbing drugs then you have problems. They talk about ethical investing, well this is perfect example of such. “But alcohol is legal!” . I don’t care, I don’t drink either.
            And on top of that, the sheer number of businesses setting up almost guarantees a huge bubble. The vast majority of people who might want to use it already do, they’re building up to a huge oversupply

            Comment

            • GDR
              Senior Member
              • Oct 2016
              • 1659

              #7
              Originally posted by Taiga View Post
              Not a chance I would ever invest in pot stocks. Don’t agree with legalization, don’t believe people need to be facilitated to walk around like zombies. If you can’t get through life without mind numbing drugs then you have problems. They talk about ethical investing, well this is perfect example of such. “But alcohol is legal!” . I don’t care, I don’t drink either.
              My thoughts are most of the population that seeks out the ethical or environmentally friendly or fair trade type portfolios would correspond quite closely to the segment of the population that would be users of legal pot.

              Myself on the other hand would invest based on return/risk/reward and will not be a pot user or investor.

              Comment

              • Partners
                Senior Member
                • May 2010
                • 3105

                #8
                If this shit weather continues I know alot of farmers that will be using it.lol.

                Comment

                • sumdumguy
                  Senior Member
                  • Mar 2007
                  • 12046

                  #9
                  New market - pot for animals, even hoses. Article states that pot brings the puppy out of a 14 year-old dog. There’s hope for us. 🌈🍀🦍

                  Comment

                  • the big wheel
                    Senior Member
                    • Mar 2017
                    • 3860

                    #10
                    Originally posted by sumdumguy View Post
                    New market - pot for animals, even hoses. Article states that pot brings the puppy out of a 14 year-old dog. There’s hope for us. 🌈🍀🦍
                    He just thinks his dog looks faster like a puppy just before he passes out. Hahaha

                    Comment

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