Mmj Stock

[bobandtorey]

Green Pallor: Don’t Let Medical Marijuana Stocks Leave You Queasy

Good morning Dr. FeelGood…please meet my financial advisor, Mary Jane!

 

A few savvy investors, rogues in the field, may be wondering how to invest in the new green economy, Medical Marijuana. Expect low returns and uncertain futures for investments of the few Pink Sheet stocks available, most notably Medical Marijuana Inc (OTC: CVIV). Rising out of the dreams of half-baked stock seekers, the companies are not representing well at this point in the public market.

 

Medical Marijuana, Inc. was the first to enter the US market as a penny stock (opening at .04) in April, 2009. It’s a year later, so how are they now? Well, the annual revenues have reportedly fallen from $818.9K to $13.0K – so are you still interested? They were followed into the public market by a few others: Cannabis Science, Inc. (OTCBB: GFON), Cannabis Medical Solutions, Inc. (OTCQB: CMSI), International Merchant Advisors, Inc. (Pink Sheets: IMAI). All are listed as penny stocks, closing no higher than 0.15, but Medical Marijuana Inc. was the only one to also note an unsolicited quote warning against the information about its reported market values.

None of these stocks are for the faint of heart; the medical marijuana market just doesn’t allow for that type of surety at this point.

 

According to Rob Reuteman’s recent article in USA Today, Medical Marijuana Business Is On Fire, Jack Cary, a partner in Greenwerkz, a Denver dispensary, agrees. “There is a lot of investment money waiting on the sidelines, investors waiting to see what the rules are, waiting until an investment is not so high-risk,” he said. “Like any gold rush, any boom, there’ll be a bust. There will be a shakeout.”

 

So, if you would like to invest with your heart, feel free. But, do keep in mind that much of the medical marijuana business could shift to established pharmaceutical companies, if the foreshadowing of government regulations rings true. Investing in the future of this arena may not end up in the pockets of California and Colorado’s current streetwise vendors; it may be in the accounts of the corporations that buy them.

 

If you can’t escape the thrill of investing in weed, visit http://marijuanastocks.com/ for a little joy ride.

 

 

[DT61]

It's like the dark cloud just waiting overhead.

[phaquetoo]

It's like the dark cloud just waiting overhead.

 

 

I could not have said it better! thanks for the post bob!