I don’t think people are getting stoned for the loss of motor skills and impaired vision.
I don't think people are getting stoned for the loss of motor skills and impaired vision.
Neither do I, but I forgot what we were talking about.
Might go have a nap, so the illuminati will stop reading my thoughts.
Marijuana stocks favoured by investors in emerging ‘dot bong boom‘
- 1 day ago April 11, 2014 6:01PM
Marijuana sales are legal across 20 states in the US. Source: AP
IT‘S been dubbed the ‘green rush‘ or ‘dot bong boom‘.
Speculative investors looking for the next big thing are piling their money into marijuana stocks, creating a blooming industry described by one analyst as the “single best investment idea of the next decadeâ€.
Minyanville Media CEO Todd Harrison, who makes a living commenting on financial trends, described weed stocks as such back in 2012.
Colorado made recreational use of marijuana legal on January 1. Source: AP
He told news.com.au over the phone from New York that although the industry is risky and volatile, there are three reasons it‘s booming right now: it creates tax revenue, lowers crime rates and helps reduce prison overcrowding.
“From an investment standpoint as these companies weave through the maze of capitalism, they‘ll start getting on the radars of Wall St banks,†he said.
“I often temper what I say with ‘this is a long-term secular trend‘, the meritocracy of the marketplace is going to define who winners are and sinners are.â€
Different strains of marijuana are displayed for sale at Medicine Man marijuana dispensary in Denver. Source: AP
The emerging market comes following a wave of legislative change in the US.
While marijuana is already legal for medical purposes in 20 states and Washington DC, it‘s recently been made legal for recreational use in Colorado and Washington State.
The move has led to a veritable boom in marijuana-related businesses and products, from edibles to vaporisers, which has raised more than $2 million in taxes in Colorado alone.
US Army veteran Max Bailey is moving to Colorado so he is able to use marijuana for headaches and pain from war injuries. Source: AP
Across the US, the industry is estimated to be worth about $1.5 billion and is expected to grow to $10 billion by 2018, according to a report produced by industry group Arc View.
“There are many derivatives of this trade up and down the food chain,†Mr Harrison said.
“We‘re seeing more and more legislation almost daily on medicinal marijuana. It‘s going to be interesting to watch how it unfolds.â€
Three quarters of Americans think marijuana legalisation is inevitable, according to a Pew Centre report. Source: AP
Investors have also been keen to get a piece of the action, with sites such as The Marijuana Index and Cannabis Financial Network dedicated to tracking the performance of marijuana stocks.
Companies range from the billion-dollar GW Pharmaceuticals listed on the UK stock exchange to “penny stocks†— shares in smaller companies which are often not listed on major markets and can be a much riskier investment.
One investor known only as The Wolf of Weed Street quit his job in order to trade full time and has so far made more than $500,000 off the trend, the BBC reports.
He has more than 18,000 followers online where he tweets market commentary under the hashtag #wolfpack.
Financial analyst Alan Brochstein runs 420 Investor, a hub for people to “capitalise on cannabis†that takes it‘s name from an in-joke for marijuana smokers.
He said he stumbled across the idea in early 2013 and decided to start his own business in September last year.
He now provides advice and analysis to more than 2000 investors, most of whom are novices ranging from 20 to 80 years old.
Pot store employee David Marlow, right, helps a customer, who smells a strain of marijuana, at the Medicine Man shop in Denver. Source: AP
“People tend to be rude and hostile [in other online communities] in our community it‘s the exact opposite. There are friendships being made, deals being done …. It‘s highly engaging. There‘re a few issues that come up if they‘re polarising around a certain stock but in general it‘s very impressive,†he said.
However, like any other nascent investment community, the space is highly volatile and risky, particularly as the drug is still illegal under federal law.
A worker processes marijuana in the trimming room of a dispensary in Colorado. Source: AP
“In this environment you have small companies offering state by state environments. The big companies are not going to take the risk of breaking federal law. If you want to do a brand right now you have to go state by state, you can‘t have Pepsi pot,†Mr Brochstein said
“These stocks are definitely risky, they‘re penny stocks that‘s a primary risk, their systems aren‘t in place. There‘s fraud, lack of transparency, lots of things can go wrong. That‘s not a marijuana stock problem, that‘s a penny stock problem.â€
So that's what marijuana looks like...hmm, interesting
So that's what marijuana looks like...hmm, interesting
Is that you Bomber?
Turns out tax revenue from recreational Marijuana in Colorado will exceed predictions by 40%. They will bring in $98 millions dollars and that money is set to go to treatment, school construction and deterring young people from using drugs. Nearly 30% of the projected tax revenue will go to school districts in Colorado.
According to the article they have a 15% excise tax on wholesales Marijuana, 10% sales tax on retail sales also a preexisting 2.9% tax on medical Marijuana. Local Governments keep 15% of the sales tax revenue with the rest going to the state.
If we made this step, as well as cutting subsidies to the fossil fuel industry and you won't need to change the pension or cut spending.
I don't think people are getting stoned for the loss of motor skills and impaired vision.
Yes, yes you are...sometimes. There is a reason why I responsible person would not smoke an indica and then drive a car for example. It is why you don't smoke indica and operate heavy machinery. Try kicking a football around after some indica.
Smoking a sativa is a different story, uplifting and energetic.
So, is the price any different to previously bought off the guy on the corner?
Just found out today that Hemp Seed is banned for use in food? Hemp seed has vitamins and minerals as well as a rich source of proteitn and healthy fats like Omega 3.
Read for more.
The ■■■■■■ can help protect against Heart Disease...yet you can buy all the soft drink you ■■■■■■■ want.
When it comes to making anything illegal the government, left wing or right wing, will sell that it is all about protecting you and your health...BULLSHIT!
http://youtu.be/BtN93I_X3vY
Accompanying article is in the detail of the video.
"Three months into Colorado's historic legal recreational marijuana sales, crime hasn't gone up in Denver, according to recent data released by the city.
Overall property crime in the first two months of 2014 fell by 14.6 percent in Denver compared to the same period of 2013. There wasn't as dramatic of a shift in overall violent crime rates for the same period, but they were still down by 2.4 percent.
The data stands in contrast to statements made in 2012, before Amendment 64 passed legalizing marijuana for recreational sale and use, when members of the law enforcement community warned of dire and "harmful" consequences because of legalization"
DOWN! DOWN! DOWN!
Just found out today that Hemp Seed is banned for use in food? Hemp seed has vitamins and minerals as well as a rich source of proteitn and healthy fats like Omega 3.
Read for more.
The farker can help protect against Heart Disease...yet you can buy all the soft drink you ******* want.
When it comes to making anything illegal the government, left wing or right wing, will sell that it is all about protecting you and your health...BULLSHIT!
what's the link got to do with the seeds?
Just found out today that Hemp Seed is banned for use in food? Hemp seed has vitamins and minerals as well as a rich source of proteitn and healthy fats like Omega 3.
Read for more.
The farker can help protect against Heart Disease...yet you can buy all the soft drink you ******* want.
When it comes to making anything illegal the government, left wing or right wing, will sell that it is all about protecting you and your health...BULLSHIT!
what's the link got to do with the seeds?
It doesn't, I made the mistake of compiling 2 posts at the same time and had the link in both. Didn't notice until you pointed it out lol.
■■■■■■ stoners…
I would just like to say that spending 7 - 8 hrs a day manicuring really ■■■■■ with the muscles in your neck and shoulders.
The source of your problem is in this instance also the solution.
Pot deaths raise concerns over laws
Apr 19, 2014 9:12AM<div>
TWO deaths have raised concerns about Colorado‘s recently legalised recreational marijuana industry.
This concern is heightened by data suggesting cookies, sweets and other of the drug‘s edibles can be exponentially more potent than a joint.
In one case, a college student ate more than the recommended dose of a marijuana-laced cookie and jumped to his death from a hotel balcony. In the other, a husband with no history of violence is accused of shooting his wife in the head, possibly after eating pot-infused lollies.
“We‘re seeing hallucinations. They become sick to their stomachs, they throw up, they become dizzy and very anxious,†said Al Bronstein, medical director of the Rocky Mountain Poison and Drug Center.
Colorado is one of the first two US states to legalise the recreational use of marijuana and authorities across the country are watching carefully for what happens next.
Studies are mixed about whether there is any link between marijuana and violence. Still, pot legalisation opponents said the deaths are a sign of future dangers.
Twenty-six people have reported poisonings from marijuana edibles this year, when the centre started tracking such exposures. Six were children who swallowed innocent-looking edibles, most of which were in plain sight.
Five of those kids were sent to emergency rooms and two to hospitals for intensive care, Bronstein said.
Supporters of the state‘s marijuana law and some experts counter that alcohol causes far more problems among users and the issues with pot can be largely addressed through better regulations.
“It really is time for regulators, and the industry, to look at how do we move forward more responsibly with edible products,†said Brian Vicente, who helped lead the state‘s legalisation campaign.
An autopsy report listed marijuana intoxication as a significant contributing factor in the death of 19-year-old Levy Thamba Pongi.
Authorities said Pongi, who travelled from Wyoming with friends to try marijuana, ate six times more than the amount recommended by a seller. In the moments before his death, he spoke erratically and threw things around his hotel room.
Toxicologists later found that the cookie Pongi ate contained as much THC — marijuana‘s intoxicating chemical — as six high-quality joints.
Less is known about Richard Kirk, 47, who was charged in Denver with shooting his 44-year-old wife to death while she was on the phone to an emergency dispatcher.
State lawmakers last year required edible pot to be sold in serving sizes of 10 milligrams of THC. Lawmakers also charged marijuana regulators with setting potency-testing guidelines to ensure consumers know how much pot they‘re eating. The guidelines are scheduled to be unveiled next month.
For now, the industry is trying to educate consumers about the strength of pot-infused foods and warning them to wait up to an hour to feel any effects before eating more. Still, complaints from visitors and first-time users have been rampant.
“One of the problems is people become very impatient,†Bronstein said. “They eat a brownie or a chocolate chip cookie and they get no effect, so then they stack the doses and all the sudden, they get an extreme effect that they weren‘t expecting.â€
http://news.optuszoo.com.au/2014/04/19/pot-deaths-raise-concerns-over-laws/
Pot deaths raise concerns over laws Apr 19, 2014 9:12AM
TWO deaths have raised concerns about Colorado‘s recently legalised recreational marijuana industry.
This concern is heightened by data suggesting cookies, sweets and other of the drug‘s edibles can be exponentially more potent than a joint.
In one case, a college student ate more than the recommended dose of a marijuana-laced cookie and jumped to his death from a hotel balcony. In the other, a husband with no history of violence is accused of shooting his wife in the head, possibly after eating pot-infused lollies.
“We‘re seeing hallucinations. They become sick to their stomachs, they throw up, they become dizzy and very anxious,†said Al Bronstein, medical director of the Rocky Mountain Poison and Drug Center.
Colorado is one of the first two US states to legalise the recreational use of marijuana and authorities across the country are watching carefully for what happens next.
Studies are mixed about whether there is any link between marijuana and violence. Still, pot legalisation opponents said the deaths are a sign of future dangers.
Twenty-six people have reported poisonings from marijuana edibles this year, when the centre started tracking such exposures. Six were children who swallowed innocent-looking edibles, most of which were in plain sight.
Five of those kids were sent to emergency rooms and two to hospitals for intensive care, Bronstein said.
Supporters of the state‘s marijuana law and some experts counter that alcohol causes far more problems among users and the issues with pot can be largely addressed through better regulations.
“It really is time for regulators, and the industry, to look at how do we move forward more responsibly with edible products,†said Brian Vicente, who helped lead the state‘s legalisation campaign.
An autopsy report listed marijuana intoxication as a significant contributing factor in the death of 19-year-old Levy Thamba Pongi.
Authorities said Pongi, who travelled from Wyoming with friends to try marijuana, ate six times more than the amount recommended by a seller. In the moments before his death, he spoke erratically and threw things around his hotel room.
Toxicologists later found that the cookie Pongi ate contained as much THC — marijuana‘s intoxicating chemical — as six high-quality joints.
Less is known about Richard Kirk, 47, who was charged in Denver with shooting his 44-year-old wife to death while she was on the phone to an emergency dispatcher.
State lawmakers last year required edible pot to be sold in serving sizes of 10 milligrams of THC. Lawmakers also charged marijuana regulators with setting potency-testing guidelines to ensure consumers know how much pot they‘re eating. The guidelines are scheduled to be unveiled next month.
For now, the industry is trying to educate consumers about the strength of pot-infused foods and warning them to wait up to an hour to feel any effects before eating more. Still, complaints from visitors and first-time users have been rampant.
“One of the problems is people become very impatient,†Bronstein said. “They eat a brownie or a chocolate chip cookie and they get no effect, so then they stack the doses and all the sudden, they get an extreme effect that they weren‘t expecting.â€
http://news.optuszoo.com.au/2014/04/19/pot-deaths-raise-concerns-over-laws/
Common knowledge that Marijuana as an edible is a psychoactive experience on a different level to smoking it...more comparable to magic.
Children eating Marijuana is not a Marijuana issue, it is a parenting issue. How you have Marijuana edibles in the reach of children is beyond me.
The other example are really broad and do not go into the entire toxicology. They are one of those things where we see Marijuana in a person's system and assume the Marijuana caused it rather than going further and trying to prove an actual connection.
The story says studies are mixed on Marijuana causing violence...no, that is like saying the studies are mixed on man-made climate change.
The story also does not going into detail regarding what was actual in the edibles. It is not uncommon for people to lace drugs.
All these problems solved by education, if these people were more responsible around there kids and knew it takes times for edibles to kick in etc.
As I predicted, turns out tat study was funded by a right-wing anti-drug group that is manly funded by Alcohol and Tobacco companies.
There is a Vice episode about Marijuana in Colorado. They show a despensary with a grow op in the back, then followed the security. Apparently Personal Security companies are growing with former cops etc to protect the stores and delivery etc. They say in Colorado alone the Mexican Drug Cartels have lost $3bill in revenue and they ESTIMATE with recreational being added it will cost the cartels $9bill per year.
http://www.sciencedaily.com/releases/2014/04/140423102754.htm
These study results were published by the Journal of Adolescent Health.
Parents and physicians concerned about an increase in adolescents' marijuana use following the legalization of medical marijuana can breathe a sigh of relief. According to a new study at Rhode Island Hospital which compared 20 years worth of data from states with and without medical marijuana laws, legalizing the drug did not lead to increased use among adolescents. The study is published online in advance of print in the Journal of Adolescent Health.
"Any time a state considers legalizing medical marijuana, there are concerns from the public about an increase in drug use among teens," said principal investigator Esther Choo, M.D., an attending physician in the department of emergency medicine at Rhode Island Hospital. "In this study, we examined 20 years worth of data, comparing trends in self-reported adolescent marijuana use between states with medical marijuana laws and neighboring states without the laws, and found no increase in marijuana use that could be attributed to the law."
Choo continued, "This adds to a growing body of literature published over the past three years that is remarkably consistent in demonstrating that state medical marijuana policies do not have a downstream effect on adolescent drug use, as we feared they might."
Everyone I know who smoked it before it was legal, still smokes it.
Everyone who didn't, still doesn't.
It hasn't changed anything at all except some people are making a hell of a lot more money off it, and others are making a hell of a lot less. In most cases, the criminal element has been removed, so I think it was worth doing.
Everyone I know who smoked it before it was legal, still smokes it.
Everyone who didn't, still doesn't.
It hasn't changed anything at all except some people are making a hell of a lot more money off it, and others are making a hell of a lot less. In most cases, the criminal element has been removed, so I think it was worth doing.
The crux of the biscuit.