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
Inasmuch as these companies trade publicly on certified stock exchanges, and are running real businesses I am not embarrassed, since there is nothing illegal about it. If governments are going to make a legal market for a product, and I think these companies will grow, there is nothing to be ashamed of. (I am more ashamed of ending that last sentence with a preposition, to be honest.)
we can also invest in arms, weapons....lucrative market for governments....but without me.
It's only lucrative for the politicians in governments because of the kickbacks, favors, and "campaign contributions"...all on the taxpayer's backs in this country. (And yours, for that matter - that's why almost every western government is literally bankrupt.) Here it is part of why the US is bankrupt, but trying to run the world and killing brown people is expensive. So unless you are withholding your taxes, you ARE paying for arms to help murder people, and destroy their countries...just not to USA level. (Although the French did lead the way in setting Libya on the failed state path.)
At least you can withhold your money from cannabis investing. Weapons and war, we are all forced to contribute.
Again, it all happens in the markets regardless, and the money invested is not going to the companies involved...their IPOs were a long time ago.
French Rooster posted: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....
Cannabis addiction? Really?
There are two reasons why cannabis is associated with moving on to "harder" drugs - it is illegal and so forces users on to the illegal market; and distortion and misrepresentaion of its potential for harm have led to people saying to themselves "if they are lying about cannabis, maybe they are lying about heroin etc.".
Legalisation will address both these issues and can't come soon enough.
My mother in her 70's called me last night and wanted to know if she should invest in marijuana stocks.
Now might be a good time, with the buying opportunities provided by Jeff Sessions' move yesterday.
Over on the BNN website, watch "Sessions' move could bring full marijuana legalization closer".
Matty.s posted:Jan-Erik Nordoen posted:Aurora Cannabis still leading the pack in trading today (over 20 million shares exchanged yesterday)... Up 11% this morning....
So for the price of a HiCap a year ago, one's investment would now be worth about a NAP 300.
Ok,so looking to make a small investment.Can anybody point me in the direction of how to start the process.I have never dabbled in anything like this before so green as grass.
Thanks
My advice would be to not take investment advice from an online HiFi forum.
Sooner put up with the tinnitus thanks and could also do without early onset Alzheimer’s. If anything a decent IPA does the trick for me and that’s about the limit of my drug taking along with a nice Cabernet Franc.
I just bought 2 Canadian offerings. I figure they have broader international market. I remember bing in a men's group and we were all eating food from a new restaurant Chipotle near by. I saw the IPO at $5 and we all laughed that it was supported by McDonalds. Dayam I didn't buy it and VERY sorry I didn't.
I also stopped by a new store near me and bought a balm to rub in. I have a nasty would that won't heal and had huge headache starting. Seller suggested hot shower before applying, I put a wet wash cloth in micro at 30 seconds to wrap around my neck then the waxy balm, within the hour my headache almost gone. Just the CBDs not THC, really amazing, much nicer than the oils that drip and can be problematic.
That should be nasty wound on my head. Surgeons don't want to operate, too risky in many aspects so I'm stuck with it.
mudwolf posted:I just bought 2 Canadian offerings. I figure they have broader international market.
Exactly. For instance, this from the BBC this morning : Canadian cannabis grower heads to Europe.
Aurora has been quite busy on the international market, for example, acquiring the German distributor Pedanios:
(from the Newswire website)
VANCOUVER, May 26, 2017 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (TSXV: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) is pleased to announce its acquisition of Pedanios GmbH ("Pedanios"), a leading wholesale importer, exporter, and distributor of medical cannabis in the European Union ("EU").
Pedanios, a federally licensed medical and narcotic wholesale and GMP inspected narcotic import company, holds all relevant licenses and permits, and has been successfully importing, exporting, and distributing cannabis for medical purposes since December 2015, into and within the EU.
In January 2017, German parliamentarians unanimously passed a new medical cannabis law, which appointed physicians as gatekeepers to access, established pharmacies as the point of sale, and introduced full insurance cost-coverage for medical cannabis patients across the country. In March 2017, when the new law came into force Pedanios' monthly sales immediately doubled and growth continues to accelerate as Germany's 80 million citizens begin to benefit from the improvements to patient access guaranteed by the new law.
Pedanios wholesales medical cannabis to a growing number of pharmacies - over 750 as of today - and offers the widest selection of products of any distributor in the German market, including ten of the fourteen products approved by the Bundesopiumstelle, a body of the German federal Health Ministry. All Pedanios' existing supply contracts will remain in place.
"This is a transformational acquisition for Aurora, and a key step in our aggressive international expansion strategy," said Neil Belot, Aurora's Chief Global Business Development Officer. "The transaction will ensure ongoing and increasing high quality product is available to fuel Pedanios' rapid growth, while positioning Aurora and Pedanios to seize upon opportunities together in Germany and the EU's emerging cannabis industry."
"Pedanios, with first mover success in the EU, has proven itself as one of the world's most trusted and scalable importers, exporters, and distributors of wholesale medical cannabis. Patients, physicians, and pharmacies across the EU recognize the Pedanios brand as the trusted source for high quality GMP certified medical cannabis," said Terry Booth, CEO. "The Pedanios team share Aurora's vision, our high standards, and our intentions to play a leading role in shaping the future of the global cannabis industry. In addition, because the average market prices are higher in Germany than in Canada, we expect German sales to positively impact our average sales price per gram."
It's fantastic: I've read this thread thoroughly, I've seen discussing the Cannabis three ways, as enjoyment, as medical support and as financial investment, in an apotheosis of unwilling cynicism. I totally agree with Richard's moderation, and in part with FrenchRooster's objection. I personally add that until Cannabis' use's side effects won't be proven as completely non harmful, it is to say the least irresponsible to promote something that in many countries is still illegal and not yet proven to be completely safe. Meanwhile, people get upset and their ethics are revolted if a non-Naim wire is inserted in a Naim system.
The world is crazier every day.
Max_B posted:The world is crazier every day.
And there are risks in everything. I'm strongly in favour of legalization, for 50 and over. Cannabis has been incredibly helpful for me, taking me from phonophobic and antisocial to outgoing and athletic. The improvements in eye-hand coordination are astounding.
Max_B posted:It's fantastic: I've read this thread thoroughly, I've seen discussing the Cannabis three ways, as enjoyment, as medical support and as financial investment, in an apotheosis of unwilling cynicism. I totally agree with Richard's moderation, and in part with FrenchRooster's objection. I personally add that until Cannabis' use's side effects won't be proven as completely non harmful, it is to say the least irresponsible to promote something that in many countries is still illegal and not yet proven to be completely safe. Meanwhile, people get upset and their ethics are revolted if a non-Naim wire is inserted in a Naim system.
The world is crazier every day.
What’s crazier... allowing the sale of items clinically proven to cause cancer on the high street; how about allowing free access to mentally addictive “games” which are “limited” to taking the average U.K. salary in around 2hours?
My point is that everything has risks, and some of the riskiest behaviour is actually permitted under U.K. and other law, while lesser risks are legally prohibited.
Jan-Erik Nordoen posted:Max_B posted:The world is crazier every day.
And there are risks in everything. I'm strongly in favour of legalization, for 50 and over. Cannabis has been incredibly helpful for me, taking me from phonophobic and antisocial to outgoing and athletic. The improvements in eye-hand coordination are astounding.
you have parkinson’s desease ? if cannabis is therapeutic in your case, i understand.
If not, all the benefits of cannabis will progressively disappear and will be replaced by tiredness, memory loss, paranoia or other mental disorders. At long term, cannabis has adverse affecs and is not good for health. A lot of studies have demonstrated that.
French Rooster posted:Jan-Erik Nordoen posted:Max_B posted:The world is crazier every day.
And there are risks in everything. I'm strongly in favour of legalization, for 50 and over. Cannabis has been incredibly helpful for me, taking me from phonophobic and antisocial to outgoing and athletic. The improvements in eye-hand coordination are astounding.
you have parkinson’s desease ? if cannabis is therapeutic in your case, i understand.
If not, all the benefits of cannabis will progressively disappear and will be replaced by tiredness, memory loss, paranoia or other mental disorders. At long term, cannabis has adverse affecs and is not good for health. A lot of studies have demonstrated that.
If only we had had all this debate back in the 60/70s':!!
French Rooster posted:If not, all the benefits of cannabis will progressively disappear and will be replaced by tiredness, memory loss, paranoia or other mental disorders. At long term, cannabis has adverse affecs and is not good for health. A lot of studies have demonstrated that.
Would be great if you could point us to these studies you mention. Peer reviewed, of course.
There was an Interesting video about why cannabis was actually outlawed.
https://www.youtube.com/watch?v=CJlqsdezhhk
Once prohibition ended, the department enforcing prohibition laws needed a new boogeyman. Since Marijuana was the drug of choice of minorities, they got a two-fer by outlawing it. The dept. got something to do, and they could keep minorities in check by destabilizing those communities - just arrest a huge % of those population, and watch the families suffer and whither away...
To be clear - I'm not in favor of recreational marijuana. However, I'm still in favor of legalizing it. i feel exactly the same way about alcohol.
MangoMonkey posted:French Rooster posted:If not, all the benefits of cannabis will progressively disappear and will be replaced by tiredness, memory loss, paranoia or other mental disorders. At long term, cannabis has adverse affecs and is not good for health. A lot of studies have demonstrated that.
Would be great if you could point us to these studies you mention. Peer reviewed, of course.
There was an Interesting video about why cannabis was actually outlawed.
https://www.youtube.com/watch?v=CJlqsdezhhk
Once prohibition ended, the department enforcing prohibition laws needed a new boogeyman. Since Marijuana was the drug of choice of minorities, they got a two-fer by outlawing it. The dept. got something to do, and they could keep minorities in check by destabilizing those communities - just arrest a huge % of those population, and watch the families suffer and whither away...
To be clear - I'm not in favor of recreational marijuana. However, I'm still in favor of legalizing it. i feel exactly the same way about alcohol.
Good post Mango, the white stuff has always been been the "affordable" choice of the middle classes. Mind you, you did have to shop around, so I heard.
Tony2011 posted:French Rooster posted:Jan-Erik Nordoen posted:Max_B posted:The world is crazier every day.
And there are risks in everything. I'm strongly in favour of legalization, for 50 and over. Cannabis has been incredibly helpful for me, taking me from phonophobic and antisocial to outgoing and athletic. The improvements in eye-hand coordination are astounding.
you have parkinson’s desease ? if cannabis is therapeutic in your case, i understand.
If not, all the benefits of cannabis will progressively disappear and will be replaced by tiredness, memory loss, paranoia or other mental disorders. At long term, cannabis has adverse affecs and is not good for health. A lot of studies have demonstrated that.
If only we had had all this debate back in the 60/70s':!!
perhaps you are an exception.... For myself i saw the effects on me when i had 18 and on a lot of friends at that time. I am working with teenagers since more than 25 years and see the results. Only a minority who can smoke very occasionally have beneficial effects, as wine or champagne on some occasions.
As for therapeutic point of view, it is a completely different aspect.....
MangoMonkey posted:French Rooster posted:If not, all the benefits of cannabis will progressively disappear and will be replaced by tiredness, memory loss, paranoia or other mental disorders. At long term, cannabis has adverse affecs and is not good for health. A lot of studies have demonstrated that.
Would be great if you could point us to these studies you mention. Peer reviewed, of course.
There was an Interesting video about why cannabis was actually outlawed.
https://www.youtube.com/watch?v=CJlqsdezhhk
Once prohibition ended, the department enforcing prohibition laws needed a new boogeyman. Since Marijuana was the drug of choice of minorities, they got a two-fer by outlawing it. The dept. got something to do, and they could keep minorities in check by destabilizing those communities - just arrest a huge % of those population, and watch the families suffer and whither away...
To be clear - I'm not in favor of recreational marijuana. However, I'm still in favor of legalizing it. i feel exactly the same way about alcohol.
In France alcohol is the second cause of death, it kills 14% of the population per year. I think it is too easily legalized! And taxes for alcohol are a big cash for the government....
I think they should legalize MDA: it’s a lot more cost effective than cannabinoids.
To be clear, I don’t think anyone that calls for legalisation of canabis (or other drugs) intends for legalisation in an “anarchic” way. In the same way as tobacco is controlled and restricted, and alcohol is controlled and restricted, legalising drugs allows for them to be controlled. One of the main dangers in drug taking is the lack of consistency; in essence the user doesn’t know exactly what they are taking.
Drugs sold through controlled sources could be monitored so that users do know.
In addition, much of the secondary dangers of drugs can be eliminated and much of the criminality around drugs would be removed. Legalisation also gives opportunity for more open education and treatment programmes.
Yes there are dangers in recreational use of currently illegal drugs... but there is also dangers in smoking and drinking alcohol. Prohibition is a failure, let’s be open to some other options.
Drugs control is a fallacy!