/biz/ - Business & Finance

>weed
>2018
If you haven't been in 2013, you are a legit /biz/let

>>11345877
Because they're in a bubble and they're worth one tenth of what they are now

>>11345877
priced in my nigga

>>11345886
I thought we were in the bubble now though?

Weed is actually retarded cheap to make, we are in the very infancy of growing weed for money.

Mass produced weed is going to be a race to the bottom once people are growing the fuck out of it good weed will be cheaper than tomatoes

>>11346664
>Weed is actually retarded cheap to make, we are in the very infancy of growing weed for money.
legally that is

all the value of weed previously was that you were paying someone to commit a felony by growing it

>>11345886
As a pot head, weed stocks going up is fucking retarded. My mom bought into weed stocks. Everyone 30 and under is going to start growing their own and most of them will go out of business

>>11346687
>As a pot head, weed stocks going up is fucking retarded. My mom bought into weed stocks. Everyone 30 and under is going to start growing their own and most of them will go out of business
this you can grow like 2lbs of your own weed in a summer with little effort and grow any strain you want and it's fun

imagine if you could grow all the beer you could drink for $5 with just a couple of hours of gardening per year.

it will be like tomatoes, where 2 people in the neighborhood who are into it as a hobby give everyone tomatoes all the time

>>11345877
>all most were green or flat today

If you're holding Tilray, Cron, or NBEV, ur a doofus and need to how to in to trading risky bullshit.

>>11346675
and distributing

>>11346757
>and distributing
agreed, that was the total value of it though, imagine if a tomato could get you high and was illegal to grow and sell, freaking tomatoes would be $15 each

as weed becomes legit legal it's going to be shocking how cheap it becomes IMO. I have a friend who will literally be growing and giving away 10lbs a year to his friends just because it amuses him. 2lbs per strain and 5 strains.

>>11346687
>>11346726
100%.
just running out from my harvest last october... i thought weed stocks were going to be a thing in 2016, but then i started growing....

>>11346726
people can grow their own tomatoes too, yet most people buy them

Because there can only be one or two companies that consumers rally to. They cant all go up and odds are most will fail, especially since they largely arent prepared for legalization and properly scaled for big time success. Shorting all of them, losing out on the two that make it, and reaping gains on the ones that die is the most rational choice.

>>11346811
>people can grow their own tomatoes too, yet most people buy them
yes but how much are tomatoes? are there any tomato stocks going for 50X or 100X earnings? the price of tomatos is irrelevant if you have any kind of job. You can grow your own for free, make friends with people who garden who are literally always trying to give them away or buy them for $1.49 at the store always ripe and perfect.

that is how weed will be, a commodity product nobody is gettin rich off

also weed is even worse than tomatoes because if you grow a pound of it and put it in mason jars it's good for 5 years where tomatoes are only good for like a week

>>11346842
>>11346862
not everyone has the equipment, space, or know-how to do it correctly. I honestly hope you are right and weed prices go down dramatically after legalization--I smoke a lot.

Medical cannabis is a huge business, I'm not so sure about weed stocks though..

>>11346968
brings me to another point thank you anon
>>11346842
nigga do you think the weed some pothead grows in his broom closet is gonna qualify as medical grade weed?

>>11346915
>not everyone has the equipment, space, or know-how to do it correctly.
There is a reason they call it weed lol. Back in the day when weed was illegally grown it was grown in the freaking woods with milkjugs buried for water and only checked on twice a growing season. Or in some other equally shady way

it's literally easier to grow than tomatos, all you need is like a 2x2 foot area of dirt outside or a pot on a balcony. While not literally everyone can do it not everyone has to for it to be cheaper than tomatoes.

What will literally happen is what we would consider mid grade weed now will be all but free. If you are careful or ask around you will literally be able to get all the mids you want for literally free or $200 a year if you are remotely willing to even finance an interested person's growing. After that there will be ever increasing values of weed that have no correlation with reasonableness. You will be able to get what we call seedless indoor grown high grade bud for $50 an oz. and past that will be gourmet weed that has no relation to anything. In the same way there are tons and tons of $1000-5000 a bottle wine there will be weed that is $1000 an oz just for richfags to buy and show off and tell everyone how it tastes like some kind of fancy berry

>>11346981
>nigga do you think the weed some pothead grows in his broom closet is gonna qualify as medical grade weed?
it's called recreational legalization, see colorado

>>11346989
weed is basically like the 'raw materials' they still need to process it and extract the oils and shit. also recreational weed still has a huge markup esp. here in socal

Miguel's Mexican dirt weed will not be sold in recreational dispensaries. Most places won't let random vendors supply them with anything

>>11347014
extraction for concentrates and medical weed. a lot of these people have proprietary extraction methods too--I am actually doing web development on the side for some of these people here in LA

>>11347014
>weed is basically like the 'raw materials' they still need to process it and extract the oils and shit.
I have grown a ton of weed, you don't have to do that. You grow it and dry it and smoke it and that's it. You can grow your own weed for $20-$40 an oz indoors and one or two hits will get you stoned

>>11347032
yes I know dude I have plants at my neighbor's house. anything other than flower will require some sort of processing
>growing indoors $20-40/oz
if your electricity is free and your time is not worth anything yeah $20-40/oz
>one or two hits will get you stoned
maybe for you

>>11347077
>if your electricity is free and your time is not worth anything yeah $20-40/oz
regardless $100 per oz for good indoor weed is basically free, you can be high as fucking balls all the time for $200 a month and that's if you can't be bothered to put one single bit of effort into getting cheaper weed, what more do you want

>>11347133
>what more do you want
I want NBEV to go up to $7/share so I can get off this ride at a slight profit

>>11347196
i feel you

>>11346726
LOL. do you know how hard it is to grow weed? You niggas talk like growing weed is just taking a shit. There are so many things you gotta look out for including the ph of soil, hours and intensity of light, air humidity, also the sex of the plant. Only female plants grow buds, males are to be thrown away. And you won't know the sex of the plant until weeks into growing it.

>>11346842
>>11346726
>>11346687
ITT: Dumb niggers living outside of Cali and Colorado that think they can outgrow genetically engineered weed by autist scientist potheads that have been doing this shit since the 70's

Absolutely deluded

This is what a proper grow looks like.

https://www.youtube.com/watch?v=h4mM5sEMLJ8

>>11347242
>Literally called 'weed'
>Dumb high anon can't figure out how to grow it.

I'm going to repeat again, that it's called 'weed' and dumb high people can't figure out how to grow it.

Why is that?

>>11346687
>>11346726
you can make your own beer too but why does nobody do it
>>11347242
also this

also answer me this you fags: if weed market was just going to be a fucking bunch of nothing and a bunch of absolute zeros then why did constellation brands essentially buy out canopy

>>11347242
I have grown a shit load of weed friendo. 2 years ago I illegally grew 2 pounds of weed in my fucking closet in 6 months with a single 600watt HPS bulb. I put it in bell canning jars and have been smoking it ever since. It could not be easier to do

>>11347305
>you can make your own beer too but why does nobody do it
making your own beer is way more trouble than growing your own weed, growing your own weed is literally the same amount of expenses and trouble as growing your own cucumbers or tomatoes or whatever with he caveat that weed keeps almost indefinitely. Any idiot who puts in 1 hour a week can grow 3 years worth of weed in one 6 month period for a few hundred dollars

fite me

$420, funding secured

>>11347325
again tell me if it was such a worthless space then why did constellation brands put down such a gigantic amount of money on CGC?

I think weed stocks will go up

>canopy will win and possibly monopolize in canada
>emblem and canntrust will make value added products and get rich af
>weed pharma stocks moon as they slowly get more fda approvals

Weed is no longer some sketchy dude rolling a joint with schwag flower. Zoomers are alll into vapes, oils, concentrates, cbd drinks, thc drinks, patches, sprays, pills, etc. Flower is just the wholesale material

>>11347311
>2 pounds
meanwhile the huge players like CGC are growing several thousand pounds+distributing to every single weed shop/dispensary across canada/just finalized first export of medical MJ from CAN-USA

nobody wants your fucking closet weed. they want top grade quality weed grown by people with a proven track record. your closet weed isnt anywhere close to being medical grade and thats where the real money is at

>>11347305
Bro, it's called "weed" for a reason, it's so easy to grow. Beer is expensive and hard to make on your own, weed it not.

>>11347364
nobody has even answered my question if weed sector was so worthless why did a multi billion dollar company put down a 4 billion dollar stake in CGC

>>11347364
also weed itself isnt hard to grow but extracting into beverages and oils is the hard part AND selling it for profit to anybody worth a damn is even harder. good luck extracting oils and selling to dispensarys or medical providers with your backyard operation

>>11347341
>again tell me if it was such a worthless space then why did constellation brands put down such a gigantic amount of money on CGC?
Because there is hype and people are freaking out over this new market? I don't know because they thought it was a good idea??

I am not saying it's worthless, someone will come out on top in the premium market. If I were in my 30s-50s and had a good job I would probably smoke about once a week really hard, like get high as balls from about 2p sat till i went to bed and maybe smoke half a joint one night during the week and that would be it. Maybe I would actually only waste half the day like that 2x per month or every other sat. That would be probably smoking less than 1/4oz a month maybe like 1/8th of good good weed. If that's what I were doing I would buy premium weed and not care if it was $100 for an eighth. I am sure a lot of people will be like that. Whole foods sells beer that is literally $7 for a single bottle.

so there will be that market, but I am speaking to the general market, weed will 100% be commoditized like tomatoes or corn or whatever and regular people, people in their early 20s or people who don't have much money will be able to get stoned as all fuck for nearly free if they they put an effort into it.

Again, there are tons of french companies, like literally hundreds, who make $2000+ single bottles of wine. that kind of pricing has no basis in reality but the market is and will be there

but all this "weed stocks are the next Apple" bullshit will stop and is predicated on people thinking weed is $100 for a quarter oz because that was it's felony growing price

>>11347242
i grew a plant when i was like 15. its not difficult at all

growing store grade weed is a different story

>>11347374
Thanks advantage of corporation weed for consumers is the consistency of product quality and increased availability of derivative products, such as oils and waxes which would be hard for a hobbyist to produce.

Just a guess

>>11347401
dude, youre completely forgetting that weed is not just the dried flower, its beverages, its oils, its medicine (CBD). thats where the real money is at. not in the flower. CGC and tilray recognize this. the dried flower will be like a tomato or corn or potato that much i agree with but beverages, oils, and medicine are going to be gigantic money makers. constellation is a huge beer maker if you dont think canopy is going to make a huge fucking killing with beverages idk what to tell you. canopy also has way more than just dried flower theyre in concentrates oils and medical grade stuff. tilray obviously is pharma which has always been profitable

>>11347356
>nobody wants your fucking closet weed. they want top grade quality weed grown by people with a proven track record. your closet weed isnt anywhere close to being medical grade and thats where the real money is at
Tell me how much you think good weed will be per oz when all this happens, I am saying good weed will be $50 an oz. And only gourmet richfag nonsense weed will cost more. Once there is a race to the bottom everyone will see how easy it is to grow good weed cheaply on a mass scale

I am just using my closet weed as an example of how cheap and easy it is to grow. And I really think you underestimate how good that closet weed can be when you buy good seeds and are careful selecting a monther for cloning. Do you think people are unable to grow quality cucumbers and tomatoes and cantaloupes in their garden if they put effort and care into it?

marijuana is a plant that grows from a seed, it's not as complex as people make it out to be to snow you with their "we have to grow it and charge a shit ton for this plant" bs

>>11347410
yes the deriative product market is where the real money is in. all you guys are just talking about the dried flower but every pot company worth a damn KNOWS that

>>11347429
the flower wont be worth much but the deriatives like concentrates (thc/cbd) oils (thc/cbd) and beverages is going to be the huge market and good luck trying to make and sell any deriative with your backyard operation.

>>11347325
>he's obviously only done one of those things
Making a batch of beer or cider is like making pitcher of tea one night and having to wait 2 weeks to drink it. It is easy and cheap to do. Growing weed takes a sizeable investment of time and money with the lights and filters and daily tending.

>>11347423
>dude, youre completely forgetting that weed is not just the dried flower, its beverages, its oils, its medicine (CBD). thats where the real money is at.
I do not disagree with you. Again I am aware there is $7 a bottle beer at whole foods and $2000 a bottle wine all day long.

but the idea you need a shit tone of billion dollar market cap weed stocks that have zero profits so far and that's the only answer is patently ridicouls. It's preposterous gambling right now. Go look at the early internet people went apeshit pets.com went out of business, go look at the stock chart for GLW for the last 25 years during the time people thought they were going to get glass contracts to run fiber to every house in America

the thing about weed stocks now is it is like internet stocks in the 90s, yeah someone is going to make money off weed, but who and why? It will probably be a company like amazon of weed who sell everything as cheap as possible with free shipping in a race to the bottom who winds up getting rich and the vast majority of these companies who have gone from $0 to tens or hundreds of millions in market cap on no earnings will go out of business because they are simply wrong

that's just how business works in the early stage of going after a new market, everyone is in full retard mode and now drugs are involved so...

>>11347429
think about it a tomato is worthless on its own. but when its put into ketchup, or sauce, its worth considerably more. cucunbers are worthless on their own but when they are put in cucumber water, or whatever, they are worth more. potatoes are worthless on their own but sold as mashed potatoes or french fries or hash browns they are worth more. same thing is going to happen with pot but the difference being that only certified regulated companies will be able to make a killing off of it not the average joe grower.

>>11345877
with marijuana being legalized, you'll see a lot more ppl growing at home. this isnt like cigarettes. just grow it, dry it, smoke it.

>>11347449
>good luck trying to make and sell any deriative with your backyard operation.
i would never do that, you are just willfully missing my point. I agree someone out there will wind up making bank selling higher end premium weed drinks, but who and why and will you get rich if i you buy X stock right now? who can say

>>11347461
i totally agree, you are right there will be premium derivative products, hell i am sure i will buy them sometimes

>>11347449
Moroccan poop hash is still decent and they barely use any soil additives
all our opiates are grown in poor ass soil in massive quantities
I've grown weed in the woods from bag seeds and only watering it 4 times throughout the summer, I only added molasses to the water

I'd pay $10-$25 for smokeable ditch weed compared to the $200+ meme OG
I don't even know what I'm arguing but weed is easy to grow and should be super cheap

>>11347460
yes i agree with you. all these retards putting money into smoke and mirrors companies are going to get their ass roasted but the companies with actual earnings/reports/bigtime investments from big public companies (canopy, tilray, maybe aurora) will be the amazons

>>11347472
its all speculation at this point but all im saying is that canopy has such a big partnership with one of the biggest beverage manufacturers in the world its hard to see anything but big profit from canopy in the next couple years

>>11347481
aurora has a ridiculous operation I agree
but if there was a free market they could get btfo

>>11347481
>yes i agree with you. all these retards putting money into smoke and mirrors companies are going to get their ass roasted but the companies with actual earnings/reports/bigtime investments from big public companies (canopy, tilray, maybe aurora) will be the amazons
totally agree, it's just a business and at the end of the day they are just selling an agricultural product. Supply will not meet demand for a few year due to the previous illegal nature of the industry

I am just trying to make the point that for people who don't have much money but like smoking about a 1/4 oz of nice weed a month a time of good and plenty is coming and you will be able to do that on the super cheap

>>11345877
Because you can just grow your own shit

>>11347498
>its all speculation at this point but all im saying is that canopy has such a big partnership with one of the biggest beverage manufacturers in the world its hard to see anything but big profit from canopy in the next couple years
i would not rule that out as a possibility, that is a very specific prediction and i am just being more general

>>11347480
>I don't even know what I'm arguing but weed is easy to grow and should be super cheap
agreed but like stated several times above the deriatives market is where the real companies are headed towards. they know dried flower will drastically decline in price (as it should desu)
>>11347508
canopy will btfo everybody in non pharma space. tilray will btfo everybody in pharma space. aurora will probably just be in between. canopy is going to be like coca cola aurora will be probably like pepsi

>>11347515
>people who don't have much money but like smoking about a 1/4 oz of nice weed a month a time of good and plenty is coming and you will be able to do that on the super cheap
you probably will be able to buy weed super cheap probably a quarter of weed will cost about the same as a 12 pack of beer

Cuz the weed market is completely saturated you dummy. Cali and Colorado are growing so much pot they can’t even sell it all to dispensaries and the prices on the black market have fucking plummeted over the last few years. A pound of top shelf used to go for 4K they are like 22-24 now. At least it’s out of the hands of filthy wet back mexican cartels.

>>11347450
I don't know I am a do it yourself type person and I have made my own vodka and beer and grown my own weed and I find weed much easier to grow and fuck with and come out with a good product. Nobody really wants to make cider and it's kind of hard to make beer as good as you find it in stores and let's face it people drink a lot of beer. Again I can grow 2 pounds of weed in a few months with little effort and smoke it for years. I cannot realistically brew 2 year worth of beer in 1 hour a week of work for a few months

if you can legally grow weed in your home garden you would be really surprised how good of weed you can grow if you water it and tend to it and cut out the males and use premium seeds in just a summer, pounds bro

>>11347549
>you probably will be able to buy weed super cheap probably a quarter of weed will cost about the same as a 12 pack of beer
yeah that is what i am saying, I don't think most people are thinking this way, they think 1/4 of weed is going to be $50-$100 forever because that is what they are used to

I bet you anything tobacco companies will get into it. They have the distribution and land for it. They'd be retarded not to. Wonder how weed stocks would do

can't wait for cheap legal weed I've been through so much bullshit from gay ass dealers to cops to courts and jail over a harmless flower
I've picked up a 2 cigar a day habit from being random drug tested on probation

>>11347595
>can't wait for cheap legal weed I've been through so much bullshit from gay ass dealers to cops to courts and jail over a harmless flower
same

I don't think it will take a long time, longer than a few weeks or months but in a few short years it will happen

>>11347609
I hope by 2020 we the light at the end of the tunnel
I get off probation october 2019 and I'm going to start growing again
I'd rather not move away from my family and friends or do it illegally so I really hope we get some answers

>>11347595
>I've picked up a 2 cigar a day habit from being random drug tested on probation

What do cigars have to do with random drug tests?

>>11347588
>I bet you anything tobacco companies will get into it. They have the distribution and land for it. They'd be retarded not to. Wonder how weed stocks would do
that's a good point but the tobacco companies are just toxic from a moral point of view and I hope they stay out of it because they just have a tenancy to fuck everything up bc evil

>>11347655
I enjoy smoking and it was a major social activity for me
so I picked up cigars to replace the smoke sessions and now smoke 2 day even if I'm by myself

>>11347588
not until its legal in the USA but with all the lobbying these fucking niggers do itll probably never happen. theyre too entrenched in tobacco to start over

>>11347632
>I hope by 2020 we the light at the end of the tunnel
I am hoping for the same. I am in my 30s now and feel i am getting old and just cannot wait for this to be resolved as I know it will be. I think that is a realistic time scale but it might take a year or two after that.

I think we need a few more states to go recreational and more spread out like Florida needs to do it then like NY or Vermont or Arizona, then we will have a situation where most people are just a day's drive from legal weed and the other states are just going to have to start ignoring personal possession of a plant that's legal one state over and then there will be a big turning point of govemrent just not effectively giving a fuck about prosecuting people for weed and then there will be a huge turn. I think it will happen pretty quietly overall and it will take longer than I hope, realistically 4-6 years IMO

>tfw chemist
>tfw know how to make literally any concentrate product
I can't wait to save up for a distillate apparatus, they ain't cheap

>>11347685
>theyre too entrenched in tobacco to start over
Why would they need to start over instead of keep selling tobacco and just add weed to their catalog?

Why are people so obsessed with the concentrates.

Good weed these days is so fucking good, you can just smoke a few bowls and be cripplingly high

does nobody like smoking actual weed anymore? am i just old?

>>11347787
>Why would they need to start over instead of keep selling tobacco and just add weed to their catalog?
they are just retarded

Why did blockbuster basically choose to go bankrupt when they could have done what netflix did and also kept half their stores open to rent physical video game disks and 4k content and blue ray disks at the same time? Because they were just so retard entrenched in their old mindset the literally could not help it. That's how the tobacco companies are, they more are a tax and blight on society that begrudgingly sells us tobacco than they are innovative nimble companies that could switch to growing weed indoors or whatever. What they are expert at is navigating the byzantine tobacco laws and just existing, it's all they know how to do

>>11347795
I think it's because of the vape nation you can conceal getting high better when dissolving concentrate into vape juice
or the culture of smoking all day everyday 1 dab is faster to do than a joint (plus less smell)

>>11347795
definitely smell and concealment/ blending in thing.

>>11347834
yeah that must be it, I notice that guys in their early 20s who talk about smoking weed don't mean what I mean when I talk about smoking. I want to smoke a bowl after work every other day and then maybe one day of the weekend get high after 4pm and watch a movie.

They want to be high as shit 24/7 on not just marijuana but weed concentrate to get even higher than weed, I was never like that and I wonder if it is a cultural change

I think if you smoke concentrates all day every day it's a different drug fundamentally than if you just smoke a bowl a few times a week

>>11345877
There are only a handful of them and they are being valued at the total value of the market, as they technically have 100% market share right now. They're just overvalued. A lot of them haven't even made a profit yet. Look at the market cap of these companies and ask yourself if you'd buy the whole company for that amount. At one point Tilray was worth $20 billion at market which is about as much as american airlines. Let that sink in.
>>11347305
>why would anyone grow this easy plant for free when they could pay a lot for it lol

>>11347795
It's a lot easier to deal with if you don't have a private outdoor spot to smoke (School Dorm, Apartment complex, mums house, etc.)

Way easier to just eat some edibles or drop some concentrate into your tea.

>>11347856
it really seems to take off summer of 2016
in a sense it's similar to the opiates getting retarded to smuggle 1 pound of concentrate is more profit than 1 pound of weed

>>11347305
There is limited future in alcohol which is why they're so interested in marijuana. Particularly, infusing it in beverages, because there isn't a future in smoking either - tobacco companies learned that in the 70s. Alcoholism is a problem and you already see people making the comparison all the time, asking why people even drink when they could intoxicate themselves in a less destructive manner.
It's not that it's a worthless market it's that it isn't worth a whole lot yet when sales revenues just aren't coming in.

>>11347248
Its literally effortless though
All you have for do is monitor PH
The 80 dollar grow kits make it even easier

>>11347923
Why are you so stupid and ugly, mentally and physically damaged, both here and in reality? I have literally never seen you post anything remotely intelligent. All you do is write these 8 syllable sentences and let us know it was indeed you who dropped that turd of thought on this board. NOBODY loves you, ESPECIALLY your family, etc etc

>>11347795
To me, i like distillate because its always a consistent high and more manageable during a workday. Weed is wayy more variable in the high. I also really like some of the terpenes added, some taste like fucking raspberry jam

>>11347856
Eh, the tolerance from distillate makes me not that high after a few days of puffing. I prefer oil during day, bowl at night

mexico is legalizing drugs, cheap weed from mexico

>>11347795
CHECK OUT THIS GRANDPA BOOMER LMAO

>>11347856
Concentrate is more potent and more pure than combusting weed. dabbing = vaping, so its easier on your lungs and has less tar/contaminants when purged right.

>>11348926
>when purged right
should only really be doing pressed dry sift or rosin pressed
all those solvents are nasty!

>>11347242
My dad built his own hydopoinc grow station outa some PVC pipes shits easy ph strips are like 7 dollars for a pack of a few hundred and you can buy all the right nutraince from garden stores it actually really easy if your not a lazy retard

>>11347077
>maybe for you
Stop fucking taking dabs and getting baked twice a day and you won't have to worry about how much gets you high

>>11345877
because you fomoed, you faggot.

>>11347450
>2 weeks
Beer brew takes a big investment if you want any decent product you will need gravity testers, multiple carboys, a large propane cooker, wort chiller, the right yeast hops and malt for your brew, the right light and temperature area to store while it ferments not to mention you need to have all that stuff sanitized to the max and timed right while making other wise you end up with some non drinkable vinegar

>>11347795
It’s because that stuff is discrete and can be modified/manipulated in ways that bud cannot be. But none of the highs, from edibles to vapeing to tinctures are the same as straight up smoking flower. they’ll never be able to replace the high from pure bud and thus there will always be a market for top shelf weed.

>>11349011
Even CO2?

>>11349740
that pic is legit

>>11345877
All stock are going down. Its time to buy more and why buy only weed stocks ???