(Total Views: 288)
Posted On: 03/17/2017 1:54:27 PM
Post# of 768
I hear ya on that! 2014 was amazing and then it was horrid for some companies. It will be up and down too until federal banking kicks in to protect these mj companies. Right now it is a cash business only for legit business owners who are competing against illegal drug businesses like the cartels and city gangs, heck I am sure local dirty cops too! The mj murder rates have increased and believe it or not, many small business growers and direct farmers are being threatened by gangs as much as they are by dea (maybe lol). But in all seriousness... reporting balance sheets and revenue numbers for mj companies is a joke until they have banking support and the cartels can stop robbing their cash, or at least they will be protected like any other small business. Then Once that happens, big boy tobacco will step in and buy all sorts of companies and then outsource massive amounts of mj cigarettes lowering prices and setting the gold standard for joints. Meanwhile, all this plays out and the MJ sector booms bigger thasn the past runs except this time levels will stay afloat for the real mj companies, and new millionaire and billionaires will have been made overnight! JMHO & GLTA
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Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
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