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SVTPerformance's Chain of Restaurants
Road Side Pub
Would you invest in the Marijuana industry?
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<blockquote data-quote="sosslow" data-source="post: 14340898" data-attributes="member: 108320"><p>I haven't invested in any, but a little while ago the SEC shut down all pot stocks for a week or so. Not sure what came of that. I have a buddy that planned to drive an armored car around to the pot shops, collect money, and take it to the bank, but the feds got in the way because marijuana is still illegal according to the federal government. I have no idea how the shops are dealing with that. </p><p></p><p>Before investing anything I would definitely study up on the laws and the financials of whatever company you are looking at. Most of the companies are cheap at the moment and now would be the time to get in, imagine getting these stocks for pennies and they turn into Altria or Philip Morris if they ever eventually become legal.</p></blockquote><p></p>
[QUOTE="sosslow, post: 14340898, member: 108320"] I haven't invested in any, but a little while ago the SEC shut down all pot stocks for a week or so. Not sure what came of that. I have a buddy that planned to drive an armored car around to the pot shops, collect money, and take it to the bank, but the feds got in the way because marijuana is still illegal according to the federal government. I have no idea how the shops are dealing with that. Before investing anything I would definitely study up on the laws and the financials of whatever company you are looking at. Most of the companies are cheap at the moment and now would be the time to get in, imagine getting these stocks for pennies and they turn into Altria or Philip Morris if they ever eventually become legal. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Would you invest in the Marijuana industry?
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