Quote:
Originally Posted by Dien Rice
Hi Gordon,
I've had some of my antennae tuned into the stock market, and there are plenty of "weed"-based stocks... Some ganja-based US companies have even listed on the Australian stock market...
And it's for health!
Here's what I've gathered from what I've seen and heard...
Marijuana has many active components in it. THC is the one that gets you high. However, it also contains other cannabanoids...
The other cannabanoids don't get you high. But they have many health properties - including that they could help fight cancer, help with Alzheimer's, and many other possibilities...
Many of these companies are about taking the other cannabanoids - without the THC - and turning it into a medical product...
So... Who'd a thunk it?
Maybe we'll soon see Cheech and Chong playing doctors on TV, spruiking the latest cannabanoid-based medicine... 
Best wishes!
Dien |
Wall Street has clearly demonstrated it will do ANYTHING to make a buck, including lie, cheat, steal and bankrupt people by the millions. They love money and DRUGS have always been a big part of their lust for money.
From touting the companies which gave us the Ephedra and Fen Phen deaths, to burying reports on safety issues for Big Auto, Big Pharm and Big Gov't.
Wall St. loves money and they will do anything for it. Weed is just the darling of the day. They love the subprime auto market today, and the less than prime home mortgage is on the creep back.
If one gambles in the stock market, in a short term approach, it is good to know their latest loves...the long term guys may have a smaller risk portion in their portfolios...
but OTC, Forex, Lotteries...and Casinos all offer ways to rid yourself of extra cash...and pink sheets have made fortunes for those selling the pink sheets.
Wall Street. It has ONE love and one love only, don't mistake infatuation with love. You'll wallet will be grateful.
Gordon