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Unread 2016-12-17, 09:14 AM   #1
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Default Marijuana Start ups

Is anyone following any companies that are going public or have gone public? I know I'm not on the leading edge anymore as most of the development has taken place but I think their is a ton of growth left.

Interested in finding out more about companies to invest in.
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Unread 2016-12-20, 12:53 PM   #2
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Have any gone or talked about going public on a large scale? If so, I guess I didn't realize that any had reached the size that it made sense to. I would guess that a majority that are out there are privately owned, or are owned by a small group of shareholders, just by name.
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Unread 2016-12-20, 01:38 PM   #3
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Is it even possible to go public with a company that cultivates/distributes/etc. an illegal substance at a federal level?

Kind of an interesting question in itself.
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Unread 2016-12-20, 01:48 PM   #4
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I don't think any have/can go public since they are all cash operations.
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Unread 2016-12-20, 04:55 PM   #5
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Somewhat related. Bought some stock in this company.

http://seedolab.com
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Unread 2016-12-20, 05:04 PM   #6
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The big work is being done in Israel. Here is a company in California with ties there.

https://kalytera.co/investors/
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Unread 2016-12-20, 11:07 PM   #7
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Good food for thought. I do not know if any of the sellers have gone public due to the issues stated above. However there is always supporting infrastructure that may be. I'm really just interested to learn more. Eventually it will no longer be a cash only business and will be legalized in a broad scale. Waiting until that happens to invest will be too late. I'm not jumping in on anything right now but figured many other people have the same thoughts and wuestions that I do.
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Unread 2016-12-27, 08:57 AM   #8
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I think it will be a long time before it's legitimized at a federal level, especially with the incoming administration.

They basically can't even bank, which has been a problem for them. They can't accept credit cards, etc.

I do think when they get to that point the biggest impact will be on alcohol sales. Why would anyone spend $20+ drinking to get drunk when you can spend $1.40 on a 10mg gummy, get stoned for the night, and wake up feeling perfectly fine the next morning?
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Unread 2016-12-27, 09:15 AM   #9
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Originally Posted by Ebanks View Post

I do think when they get to that point the biggest impact will be on alcohol sales. Why would anyone spend $20+ drinking to get drunk when you can spend $1.40 on a 10mg gummy, get stoned for the night, and wake up feeling perfectly fine the next morning?

That's a tough one for me to buy into. I'm not saying I don't see an impact at all on that industry, but in my mind is there really anyone out there that wants to smoke pot/eat edibles that currently isn't due to it being illegal?

I don't think that number is very high at all. If you want it, it's easily accesible regardless of the legality.


From there, the question becomes will new users sprout up that choose to trade off alcohol for pot. They are very different highs/effects, and especially if you have an issue with alcohol consumption weed isn't just going to wipe that desire away.

It will be interesting to see what happens as this should completely unfold in my lifetime.


FWIW- We have three thriving locations in Colorado that have not lost any ground in their beverage sales since the recreational legalization of marijuana.
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Unread 2016-12-27, 10:30 AM   #10
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Quote:
Originally Posted by jwdb1fish View Post
That's a tough one for me to buy into. I'm not saying I don't see an impact at all on that industry, but in my mind is there really anyone out there that wants to smoke pot/eat edibles that currently isn't due to it being illegal?

I don't think that number is very high at all. If you want it, it's easily accesible regardless of the legality.


From there, the question becomes will new users sprout up that choose to trade off alcohol for pot. They are very different highs/effects, and especially if you have an issue with alcohol consumption weed isn't just going to wipe that desire away.

It will be interesting to see what happens as this should completely unfold in my lifetime.


FWIW- We have three thriving locations in Colorado that have not lost any ground in their beverage sales since the recreational legalization of marijuana.
I don't think it will have an immediate impact, but when a generation grows up with it being federally legal and the stigma being gone I think you'll see a lot more of them choose it as an option and eat into alcohol sales. Even if they just do it 10% of the time they would have drank as an option that extrapolates to a big dent in alcohol sales.

I never smoked pot in my life but, once it was legal, tried a gummy and there are times now when I substitute it for having a few drinks.
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Unread 2016-12-27, 12:25 PM   #11
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None of the above is true in Colorado anymore. Customers can purchase any of that on a debit or credit card. There are companies willing to hold those businesses accounts and support those transactions, its not a cash only business anymore.

Margins are small and only growing at this point can net the most profit, but you need to be very good at doing it and be able to produce large quantities to make the investment feasible. Most of the market is already ready to be spoken for in states where it isn't even legal yet.

I have personal investments in the industry and its much harder than most people think to just turn a buck.
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Unread 2016-12-27, 12:55 PM   #12
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Quote:
Originally Posted by SiCO View Post
None of the above is true in Colorado anymore. Customers can purchase any of that on a debit or credit card. There are companies willing to hold those businesses accounts and support those transactions, its not a cash only business anymore.

Margins are small and only growing at this point can net the most profit, but you need to be very good at doing it and be able to produce large quantities to make the investment feasible. Most of the market is already ready to be spoken for in states where it isn't even legal yet.

I have personal investments in the industry and its much harder than most people think to just turn a buck.
Really? All the places up here are still cash only. Can't say I follow it all that closely though.
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