Cannabis anyone?
Posted by: Jan-Erik Nordoen on 27 December 2017
Another stellar day for Canadian cannabis stocks. Aurora, Canopy Growth, Aphria up 11, 20 and 11 %, respectively. If interested, the go-to site is bnn dot ca. A click on "Marijuana news" brings up a stock watchlist.
Have fun!
Jan
Kevin Richardson posted:I refuse to believe THC is more dangerous than alcohol.
It's not. And THC is but one of the 90+ cannabinoids in the plant. BTW, we produce our own form of THC, called anandamide, during exercise, and during yoga (ananda is Sanskrit for bliss)
Would be nice to have the option to take a few mg of THC to relax. [I suffer from chronic pain from a neck and back injury. Also I'm old and my body just aches.]
It would definitely help. Is medical cannabis not available where you live?
Jan-Erik Nordoen posted:Kevin Richardson posted:I refuse to believe THC is more dangerous than alcohol.
It's not. And THC is but one of the 90+ cannabinoids in the plant. BTW, we produce our own form of THC, called anandamide, during exercise, and during yoga (ananda is Sanskrit for bliss)
Would be nice to have the option to take a few mg of THC to relax. [I suffer from chronic pain from a neck and back injury. Also I'm old and my body just aches.]
It would definitely help. Is medical cannabis not available where you live?
No.... I reside is one of the few states that still do not allow medical marijuana. Even most states have list of conditions eligible and "chronic pain" isn't covered.
That's too bad. Surely though, there must be alternative channels with so many states now allowing it?
Yoga would probably help you, but not as quickly as weed...
Matty.s posted:I have no account set up for trading nor do I have any knowledge whatsoever in the subject.Probably my original post was me jumping in feet first when I read the returns you posted.I certainly need to do some research and decide if any future investments are right for me.
OK. A good place to start is the Marijuana News section on the Business News Network site, here. The video interviews provide a decent breadth of viewpoints.
Meanwhile, 51,864,334 shares of Aurora exchanged hands today on the Toronto Stock Exchange.
Gulp.
There has to be some sort of karma exchange goin on somewhere outside that wallet. ??
bitcoins virtual ambivalence can mean many can trade under cover.
Under cover with the Holy green has always been subliminal reasoning that "The Man" has it coming...
i heard that nowadays the cannabis has often a high rate in THC , and sometimes this sort of cannabis can be more comparable with lsd than light cannabis from 20/30 years ago.
Some persons can have psychotic trips with it.......But i presume it is possible to choose the cannabis with a normal rate of thc inside.....
......or gone. If your a pussy..
@french rooster Yes cannabis is stronger nowadays. I live in a state where it's legal and you bet the science/THC yield has improved the "high". My state is getting really good at it. We even call the folks "bud-tenders" when you go to purchase cannabis. On the stock market front there will be winners and losers for sure. I'm more interested in the medical uses to be honest, that being said the last week I've made a significant chuck of money with a few related cannabis stocks.
TOBYJUG posted:......or gone. If your a pussy..
just not interested anymore.....took enough when young....but preferred lsd as some personal experiences. All past, but don’t regret it.
Even while I am Dutch, never tried it and never will.....
The solid blue trace above shows Aurora's five-day share price. I've superimposed the graphs for Aphria (APH), MedReleaf (LEAF) and Canopy Growth (WEED). To the right of the graph is yesterday's sudden drop (shares of Canopy Growth dropped 14.78 per cent, Aphria 15.5 per cent, Aurora 14.7 per cent and MedReleaf 19.2 per cent). Note that these are independent companies, yet share prices tend to move in lockstep... big players manipulating the market...
Since going public in June though, MedReleaf has generally been the outlier, following its own pattern, and showing a more stable progression than other stocks.
Shortly after these drops, a five-minute halt of trading was automatically triggered (a "circuit-breaker"that halts trading across all Canadian marketplaces if the price of the security swings 10 per cent or more within a five-minute period. This can be extended for an additional five minutes).
Yesterday's sudden drop is year-end profit taking as investors crystallize some of the fantastic gains achieved over the last few months. Other investors stepped in, driving the stocks back into positive territory.
Here in the CA desert very poor communities desert and high desert closer to LA are gearing up for huge growing facilities, people are betting big but there will be losers. I use the medical cannabis but opening to recreational I was against, it was voted in.
I live in Washington State and was on the fence about recreational MJ. Honestly after being legal for a couple of years now its really not a big deal. Granted I'm probably not the target demographic.
InMed is up by 34 % today , MedReleaf 22 %, Aurora 17 %... and the list goes on...
CannaRoyalty Corp (CRZ, up 27 % today) is also worth a look for those interested in a wider exposure to the sector, with less focus on growers. The company provides capital in exchange for royalties, focussing on three areas: Research / IP, consumer brands (medical, wellness, animal health), and industry infrastructure.
CannaRoyalty company info here.
French Rooster posted:i heard that nowadays the cannabis has often a high rate in THC , and sometimes this sort of cannabis can be more comparable with lsd than light cannabis from 20/30 years ago.
Some persons can have psychotic trips with it.......But i presume it is possible to choose the cannabis with a normal rate of thc inside.....
The Eran Almog strain (from MedReleaf) contains 21 to 24 % THC. This is my go-to remedy for rapid relief from tinnitus, as it can dial down the noise to background levels. Amazing stuff. Even at this level of THC, it is still light years away from LSD though...
But yes, the very high THCs strains can lead to short-term psychotic effects. If you are prone to that, it's best to stay with a more balanced strain, i.e., one that contains cannabidiol (CBD), which mitigates the psychotic effects. The Midnight strain (also from MedReleaf) contains THC in the 6 to 10 % range and CBD in the 9 to 13 % range.
Jan-Erik Nordoen posted:InMed is up by 34 % today , MedReleaf 22 %, Aurora 17 %... and the list goes on...
CannaRoyalty Corp (CRZ, up 27 % today) is also worth a look for those interested in a wider exposure to the sector, with less focus on growers. The company provides capital in exchange for royalties, focussing on three areas: Research / IP, consumer brands (medical, wellness, animal health), and industry infrastructure.
CannaRoyalty company info here.
That has my interest - I love royalty companies in the PM sector, so this might be a good play also.
I've been allowing this thread so far, however, I think it's time to remind members of certain facts:
Firstly, cannabis possession, cultivation and use is AFAIK not legal in the UK, much of the USA, and indeed many countries throughout the world.
Secondly, cannabis use is arguably right at the heart of a rapidly growing mental health issue in the population - one that here in the UK we are woefully inadequately prepared or equipped to handle.
So, whatever may be the apparent benefits, and the newfound tolerance in certain parts of the world, I respectfully request that members bear in mind the above - particularly considering that this is a global forum. As such, I may well decide to remove this thread as Naim would not wish to be seen to be condoning or encouraging illegal drug use.
Richard, if you do decide to remove this thread, I hope that you'll be consistent and do the same for threads dealing with a far more dangerous drug: alcohol (i.e, "What wine are you drinking today?")
Thanks,
Jan
I am viewing this thread strictly from a money making perspective, not as a user, nor condoning use. And since I buy my stock shares on the secondary market, the money I invest does not go to the companies involved.
That said, cannabis use contributes nothing more to mental and other health issues than many "legitimate" pharmaceutical agents. (Or ethanol, for that matter.)
Big Pharma is a much larger danger than cannabis companies...and when the time is right they will probably take it over. It will be about economics, not public health or danger to the public.
Since all countries have different laws regarding many things, invariably some things that are legal in one country are illegal somewhere else, and vice-versa. IIRC, heroin is still used in the UK, but has no accepted medical use in the USA.
Jan-Erik Nordoen posted:Richard, if you do decide to remove this thread, I hope that you'll be consistent and do the same for threads dealing with a far more dangerous drug: alcohol (i.e, "What wine are you drinking today?")
Thanks,
Jan
Jan, while excessive alcohol consumption is a major problem, alcohol production, possession and consumption is currently generally legal across most of the (non-Islamic) world. As such, and until that changes, then I will treat them quite differently on this forum.
making money with products that creates diseases and mental disorders is a little bit embarrassing. Personally i don’t support it. I was , when young, addicted to cannabis but hopefully got out quickly, but saw the disaster on some friends at that time.
The same with alcohol or tobacco..... I agree that alcohol is worse for the health in general, but it is not always associated with addiction or other drugs. The young users of cannabis are often encountering other drugs and the danger is bigger. After a long time of cannabis addiction. the consequences on health are dramatic.
I am not sure that legalizing cannabis will be beneficial for a society. I would never agree making money with cannabis market, nor alcohol or tobacco....sorry.
It can really help for some medical issues like glaucoma and oils for skin application takes away pain. Tho these have mainly the CBDEs not the THC. I do some edible but I'm in CA and now recreational use is open to all adults. oh boy, be very careful on the road.
mudwolf posted:It can really help for some medical issues like glaucoma and oils for skin application takes away pain. Tho these have mainly the CBDEs not the THC. I do some edible but I'm in CA and now recreational use is open to all adults. oh boy, be very careful on the road.
wonderful and sick america....
Rooster - That is your opinion and you are entitled to it. But I would posit that cannabis is in no way any more deleterious to health than ethanol, which I would imagine you have no problem with. It is a societal stigma more than anything that makes for "reefer madness" thinking. It is like any drug; use it and control it, and you are fine. Abuse it and/or let it control you, and you are in trouble. Legalizing it does not mean we will be overrun with pot smoking people; it means that it should be used like alcohol, when alcohol is used responsibly. As with anything, some will abuse it - that is human nature. Driving under the influence will still be illegal.
I used it in college, and knew people who smoked a lot of it. Everyone I knew (and I went to college in the 70s, so that was damn near everybody) pretty much outgrew it. I know adults that smoke it now. And they are all responsible, do their jobs, raise their kids, and keep it low profile, probably only indulging on weekends, or whatever; I don't care. I don't do it because I am afraid of drug testing, and I will likely be forced to job hunt this year. (And I don't even know where to get it, and wouldn't ask people at work.)
Having it be illegal only means that criminals will make the money, and pay no tax on it. And get ready, because legal cannabis will be in the EU sooner than later. Canada will make it legal this year according to all reports. As soon as Jeff Sessions is gone it might go legal in the USA, although I am sure big corporate money could change even his rusted-shut pea brain.
And the market will do what it does - if you understand the secondary shares market, you understand none of the money goes to the companies. I made money in the past on InBev, and that does not make me anything but someone who evaluated a business and correctly ascertained that it was poised to go up. I accept no responsibility for what other adults foolishly choose to do, especially when the vast majority use the products responsibly. I worked summers and holidays in my neighbor's liquor store in Brooklyn...that didn't make me anything but a kid who was hustling for a buck while in college.
Drmark,
as i tried to say, i am not sure that legalizing cannabis would be beneficial for a society, at long term. Perhaps there will be more pros that coins, perhaps not. It is a difficult question and no one can be sure to have the truth on that question.
Effectively, it is possible to smoke moderately cannabis, like alcohol. But the population of addicted persons with cannabis and also drugs is increasing globally in the world. Cannabis addiction in Europe is increasing dramatically, with more and more health problems...
I am not against cannabis personnaly, but more embarrassed by making money on it. But it is only my opinion or feelings....