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Thread: Investing in Medical Cannibis companies' stock

  1. #1
    I need a nap beachcat's Avatar
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    Investing in Medical Cannibis companies' stock

    I just started playing around with stocks, and dumped some money in a few medicinal mj companies. not a lot, since their stocks aren't high.

    what do you all think? I heard on msnbc that some could be like the next amazon. I was just curious, I'm certainly not banking on retiring on it, but its fun to play around with.

  2. #2
    My brother has invested heavily in two businesses when they were fledglings, He also lives in Colorado so he could do a lookie see before investing.
    I believe he's done well so far..
    Originally Posted by littlelady View Post
    I just reported you. You are one scary individual.

  3. #3
    Board Mommy vraiblonde's Avatar
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    Never underestimate the desire of the population to tune in, turn on, and drop out.
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    Registered User PeoplesElbow's Avatar
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    IF you don't want a ton of risk you can invest in companies that benefit from the weed industry but aren't directly a weed company.

    I invested in Scotts Miracle Grow (SMG) because they are now tied to that business.
    If what I say offends you then you really don't want to hear what I keep to myself.

  5. #5
    Board Mommy vraiblonde's Avatar
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    Quote Originally Posted by PeoplesElbow View Post
    IF you don't want a ton of risk you can invest in companies that benefit from the weed industry but aren't directly a weed company.

    I invested in Scotts Miracle Grow (SMG) because they are now tied to that business.
    Ahhh
    "Too much agreement kills a chat."
    ~Eldridge Cleaver

  6. #6
    I need a nap beachcat's Avatar
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    Quote Originally Posted by PeoplesElbow View Post
    IF you don't want a ton of risk you can invest in companies that benefit from the weed industry but aren't directly a weed company.

    I invested in Scotts Miracle Grow (SMG) because they are now tied to that business.
    That's exactly what they were saying on msnbc.....like manufacturers of fertilizers, grow lights, papers, etc, I'll check into Scotts also.

  7. #7
    Quote Originally Posted by PeoplesElbow View Post
    IF you don't want a ton of risk you can invest in companies that benefit from the weed industry but aren't directly a weed company.

    I invested in Scotts Miracle Grow (SMG) because they are now tied to that business.
    SMG would of been awesome to invest in back in 1995. $3
    Now it is at $95.

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