2013 medical marijuana stock thread
- Thread starter 1a2b3cppp
- Start date
What was missing from my explanation were that core sample examanation by the American Chemists association would create the premiums for these, and primarily if I crossed over into this mechanation the notion that I wouldn't want to see it happen crosses into an absurdly obvious territory on this issue.
Ex-Microsoft manager plans to create first U.S. marijuana brand
Jamen Shively, a former Microsoft corporate strategy manager, plans to create the first U.S. national marijuana brand.
Shively sees his plan to buy medical cannabis dispensaries in three states creating a leader in recreational and medical cannabis -- much like Starbucks is the dominant name in coffee, he said.
Shively, 45, whose six years at Microsoft ended in 2009, said he was soliciting investors for $10 million in start-up money.
The use, sale and posession of marijuana remains illegal in the United States under federal law. Two U.S. states have, however, legalized recreational marijuana use and are among 18 states that allow it for medical use.
"It's a giant market in search of a brand," Shively said of the marijuana industry. "We would be happy if we get 40 percent of it worldwide."
A 2005 United Nations report estimated the global marijuana trade to be valued at $142 billion.
Washington state and Colorado became the first two U.S. states to legalize recreational marijuana in a referendum in November.
The sale of cannabis or marijuana remains illegal in much of the world although countries mainly in Europe and the Americas have decriminalized the possession of small quantities of it. A larger number of countries have decriminalized or legalized cannabis for medical use.
Shively acknowledges that his business plans conflict with federal law and are complicated by regulations in Washington state and Colorado. He said he is interested in buying dispensaries that comply with local and state rules and are less likely to attract the scrutiny of authorities.
"If they want to come talk to me, I'll be delighted to meet with them," he said of federal officials. "I'll tell them everything that we're doing and show them all our books."
Washington state's marijuana consultant, Mark Kleiman, said he was skeptical of Shively's plans.
"It's very hard for me to understand why anybody seriously interested in being in the marijuana business, which after all is against the federal law, would so publicly announce his conspiracy to break that law," said Kleiman, a professor of public policy at the University of California, Los Angeles.
Emily Langlie, spokeswoman for the U.S. Attorney's Office in Seattle, referred questions to the Department of Justice headquarters. Department officials did not immediately return calls seeking comment.
http://www.reuters.com/article/2013/05/30/us-usa-marijuana-idUSBRE94T0ZE20130530
Jamen Shively, a former Microsoft corporate strategy manager, plans to create the first U.S. national marijuana brand.
Shively sees his plan to buy medical cannabis dispensaries in three states creating a leader in recreational and medical cannabis -- much like Starbucks is the dominant name in coffee, he said.
Shively, 45, whose six years at Microsoft ended in 2009, said he was soliciting investors for $10 million in start-up money.
The use, sale and posession of marijuana remains illegal in the United States under federal law. Two U.S. states have, however, legalized recreational marijuana use and are among 18 states that allow it for medical use.
"It's a giant market in search of a brand," Shively said of the marijuana industry. "We would be happy if we get 40 percent of it worldwide."
A 2005 United Nations report estimated the global marijuana trade to be valued at $142 billion.
Washington state and Colorado became the first two U.S. states to legalize recreational marijuana in a referendum in November.
The sale of cannabis or marijuana remains illegal in much of the world although countries mainly in Europe and the Americas have decriminalized the possession of small quantities of it. A larger number of countries have decriminalized or legalized cannabis for medical use.
Shively acknowledges that his business plans conflict with federal law and are complicated by regulations in Washington state and Colorado. He said he is interested in buying dispensaries that comply with local and state rules and are less likely to attract the scrutiny of authorities.
"If they want to come talk to me, I'll be delighted to meet with them," he said of federal officials. "I'll tell them everything that we're doing and show them all our books."
Washington state's marijuana consultant, Mark Kleiman, said he was skeptical of Shively's plans.
"It's very hard for me to understand why anybody seriously interested in being in the marijuana business, which after all is against the federal law, would so publicly announce his conspiracy to break that law," said Kleiman, a professor of public policy at the University of California, Los Angeles.
Emily Langlie, spokeswoman for the U.S. Attorney's Office in Seattle, referred questions to the Department of Justice headquarters. Department officials did not immediately return calls seeking comment.
http://www.reuters.com/article/2013/05/30/us-usa-marijuana-idUSBRE94T0ZE20130530
Quote from 1a2b3cppp:
GrowLife, Inc
PHOT
http://growlifeinc.com
Domain created on Mar 21 2011, expires 21 Mar 2014
Their website has a picture of Arnold Schwarzenegger smoking a joint on one of the slides
I didn't see any info on their site about their CEO or anything.
Here's their recent Quarterly Report:
http://www.sec.gov/Archives/edgar/data/1161582/000130841113000152/photform10q130331.htm
I'm not too sure about investing in the mj companies at this point. Interesting though. And yes, I believe this plant should be legal in all 50 States. Last, Arnold was smoking that joint after winning a Mr. Olympia title in the mid 70's. It's featured in the documentary film, "Pumping Iron." Great film!
In the end, it's a business and I wouldn't want any of these guys running my business. I'm sure they are brilliant but many brilliant people live in obscurity. Give me a cannabis company with a hard working business man who puts in 70 hours a week and that will be the one to buy
Quote from 1a2b3cppp:
Cannabis Science
CBIS
http://www.cannabisscience.com/
Domain created on Sep 10 2008, expires on Sep 10 2021
CEO: Dr. Robert Melamede, Ph.D.
Ph.D. in Molecular Biology and Biochem from the City University of New York. Retired Chairman of the Biology Department at University of Colorado where he continues to teach.
Professional pic:
Pic from University of Colorado's website:
Dude looks like a guy who knows about marijuana