Marijuana Stocks About To Crash And Burn

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GrowHobo

GrowHobo

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Jeezus H. Christ, it's like the black market has lobbyists.
This is what happens when used car dealers get in on it. Lol. I go by these places and they have a line out the door. Hopefully the new wears off soon.
I got no problem being that dudes dealer..neither of us would even have to count 42 cents lol
A gram of ok wax will end up about 90$ out the door here. I was in Co recently and got 8 for 80 otd. It’s hard to compete with big facilities on concentrate’s price wise.
 
Trustfall

Trustfall

Supporter
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This is what happens when used car dealers get in on it. Lol. I go by these places and they have a line out the door. Hopefully the new wears off soon.

A gram of ok wax will end up about 90$ out the door here. I was in Co recently and got 8 for 80 otd. It’s hard to compete with big facilities on concentrate’s price wise.
Hell I didn’t even know wax still sold anymore. Most want live rosin and get stuck with a hefty price 🏷 some of these ass wipes think they shits worth $120 a gram lol.
Doesn’t matter how good it is your body gets use to it then your not getting ass high. People are just paying for flavor🤑
 
GrowHobo

GrowHobo

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There is barely a market here for the high end concentrates live rosin/fresh frozen etc and I couldn’t imagine what they would try to charge lol. I haven’t been in any of these places but the stuff I’ve seen is all mediocre
 
Moshmen

Moshmen

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Hell I didn’t even know wax still sold anymore. Most want live rosin and get stuck with a hefty price 🏷 some of these ass wipes think they shits worth $120 a gram lol.
Doesn’t matter how good it is your body gets use to it then your not getting ass high. People are just paying for flavor🤑
Flavor is prolly made in some perfume factory and added for Pennie’s - I like knowin what’s in my stash of goodies and a little earthy taste doesn’t bother me
 
GrowHobo

GrowHobo

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Flavor is prolly made in some perfume factory and added for Pennie’s - I like knowin what’s in my stash of goodies and a little earthy taste doesn’t bother me
For real. Carts are super popular here
 
PizzaBob

PizzaBob

168
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I’m laughing out loud. Because that rumbling sound you hear is the sound of cannabis stocks and investments about to crash to the ground like falling rocks. Just when they're about to get access to legal banking and be able to IPO nationally in a big way. For years I’ve been warning investors to stay away from the marijuana market. I said it is destined to crash. Simply because people at home can grow it like tomatoes. But it is crashing earlier than expected for another reason. Oh well, back to the drawing board. Maybe they can continue the morally bankrupt attempt to legalize and market MDMA and other hallucinogens. So people can screw up their brains and end up on psychiatric medication.

The dispensaries got $300 of my money and that’s it. Because I grow my own. In my state they couldn’t keep up with demand and had to import flower from other states. Recently a recall went out because they found fungicide and insecticide in the product. I remember watching a YouTube large-scale medical marijuana grower talking about the insecticide he was about to use. Huh? It will fade and not be a problem, they say. So much for organic methods. It didn’t “fade” in the bud at the local dispensary. You’ll never see me in there again.

So what is about to make the people holding marijuana stocks go bat shit crazy? What is making them whine to Washington politicians about the consequences of capitalism? Commercial hemp. They have found a way to synthesize enormous quantities of synthetic THC from the commercial cousin of our favorite herb. And they can do it dirt-cheap. So all those new-age hippies who were pushing commercial hemp products didn’t understand that as usual the big corporate entities were about to take over the whole shebang. Like they take over everything else. It is going to be marketed like cigarettes. And I predict that the big tobacco companies are going to buy every company in the commercial hemp business. Fine bud is about to become a cottage industry. And also go where it belongs. In the hands of private citizens. But you’ll still be able to buy a cartridge that will get you really stoned at the convenience store. For about the price of a pack of cigarettes or a fifth of vodka. Grab one on your way out when you stop in to get a “Forty.” It was inevitable. They’ll have every flavor. They’ll make it taste like anything people want.

And it makes it easier for the government to tax and regulate. Less people to monitor when the big boys wipe everyone else out. Better for the consumer when laws relax, legalization occurs and a buzz is cheaper. But for investors and smaller grow operations? It really sucks to be you. Especially after you borrowed all that money. There’s always bankruptcy. They’ll be asking for federal subsidies and bail-outs in not time. To prop up something that is already the “Walking Dead.”

Grow at home. They can stick their overpriced product. Selling a tiny jar of weed for $60 to a patient dying of cancer who is already spending $3000 a month on medicine. Something you can grow like a vegetable. And not even having it free of contaminants. These greedy bastards are about to get what’s coming to them.
Yeah you nailed it on the Vaping oil. alEverybody in Michigan is buying Vape pens or cartridges. It’s ubiquitous. I’m at the bar and people young and old are puffing away as if we all don’t know they’re smoking cannabis oil.
The oil market is huge. There’s a company that has tractor trailers with the latest technology turning thousands of pounds of mediocre weed into a commodity. Cannabis oil. But the dank is another story. It will be a cottage industry. But the law is cracking down due to pressure from the big cannabis lobby. So lay low, stay small and keep on keeping on. And share those special phenos with other small growers.
☮️
 
Anthem

Anthem

4,155
263
Flavor is prolly made in some perfume factory and added for Pennie’s - I like knowin what’s in my stash of goodies and a little earthy taste doesn’t bother me
I have about 5 illegal dispensaries from the time I get off the freeway to get to my place of work. about 1 1/4 miles, that is not really the point. Point is I went into one and they happen to have a strain I had grown recently , wedding cake. I purchased a couple grams to get a good look at it. It smelled great when I walked out and on the way home. I kind of forgot about it for a couple days. I opened the air tight container and guess what it have about half the nose it had just a few days earlier.

 
Madbud

Madbud

3,906
263
I own stock in a couple legal dispensaries, one released qtr 4 and ‘21 numbers today. 50% growth yoy but a pink sheet so wall street doesn’t own any. Sooner or later the feds will legalize meanwhile theres one of their dispos down the street expanding a steady customer base. I can wait as long as i can see them in my window.
 
Bogus_Monkey

Bogus_Monkey

160
43
In my part of Illinois the local Black Market is just starting to take off again. Government weed sucks and the big grow houses are owned by friends connected to big state politicians. Anywhere from 90 to 97 an 1/8 oz. It was fun and games for the most part when the dispensaries first opened but I have friends buy the stuff listed at 30+ THC level and then they smoke my last batch and are like WOW. And I know I am south of 30 THC level. Mass produced corporate weed sucks and we all have had enough BS out of our governments (regardless of which side of the isle you are on). The corporate weed farms in Illinois are exempt from the Freedom of Information Act as far as reporting the actual owners and majority stock holders. Google that. Them super hard super dried buds got GMO stuff in them also. Support your local grower! He or she is taking a hell of a risk, and more than likely they are not charging 97 bucks for an 1/8th. P.O.
 
Maxwax

Maxwax

335
93
Yeah you nailed it on theaping oil. alEverybody in Michigan is buying Vape pens or cartridges. It’s ubiquitous. I’m at the bar and people young and old are puffing away as if we all don’t know they’re smoking cannabis oil.
The oil market is huge. There’s a company that has tractor trailers with the latest technology turning thousands of pounds of mediocre weed into a commodity. Cannabis oil. But the dank is another story. It will be a cottage industry. But the law is cracking down due to pressure from the big cannabis lobby. So lay low, stay small and keep on keeping on. And share those special phenos with other small growers.
☮️
I just got hip to vaping oils with a max pod deal. Been smoking for 47 years. Theyre pretty cool to be honest. What Im really looking forward to is generating some kief and making some hash. I havent had hash in 30 years. Eh at least whats cool is that there is a lot of products available to those who want to make their own whatever at home which is cool. So for those so inclined you can have good clean product you can be proud of. And no one else to blame....lol
 
Maxwax

Maxwax

335
93
For context, Michigan sold $1,311,951,737 cannabis for recreational use and $481,225,540 for medical use. Keep in mind thats up considerably from 2020 all while prices have dropped which means they're moving a lot more product. Its big business. Theres a lot coming too like if they ever get the go ahead for the infused drinks. Look out. All the major makers of all the energy drinks are chomping at that bit. So from an investor angle you can see the possibilities and the buzz.
 
grnmtn

grnmtn

753
243
I’m laughing out loud. Because that rumbling sound you hear is the sound of cannabis stocks and investments about to crash to the ground like falling rocks. Just when they're about to get access to legal banking and be able to IPO nationally in a big way. For years I’ve been warning investors to stay away from the marijuana market. I said it is destined to crash. Simply because people at home can grow it like tomatoes. But it is crashing earlier than expected for another reason. Oh well, back to the drawing board. Maybe they can continue the morally bankrupt attempt to legalize and market MDMA and other hallucinogens. So people can screw up their brains and end up on psychiatric medication.

The dispensaries got $300 of my money and that’s it. Because I grow my own. In my state they couldn’t keep up with demand and had to import flower from other states. Recently a recall went out because they found fungicide and insecticide in the product. I remember watching a YouTube large-scale medical marijuana grower talking about the insecticide he was about to use. Huh? It will fade and not be a problem, they say. So much for organic methods. It didn’t “fade” in the bud at the local dispensary. You’ll never see me in there again.

So what is about to make the people holding marijuana stocks go bat shit crazy? What is making them whine to Washington politicians about the consequences of capitalism? Commercial hemp. They have found a way to synthesize enormous quantities of synthetic THC from the commercial cousin of our favorite herb. And they can do it dirt-cheap. So all those new-age hippies who were pushing commercial hemp products didn’t understand that as usual the big corporate entities were about to take over the whole shebang. Like they take over everything else. It is going to be marketed like cigarettes. And I predict that the big tobacco companies are going to buy every company in the commercial hemp business. Fine bud is about to become a cottage industry. And also go where it belongs. In the hands of private citizens. But you’ll still be able to buy a cartridge that will get you really stoned at the convenience store. For about the price of a pack of cigarettes or a fifth of vodka. Grab one on your way out when you stop in to get a “Forty.” It was inevitable. They’ll have every flavor. They’ll make it taste like anything people want.

And it makes it easier for the government to tax and regulate. Less people to monitor when the big boys wipe everyone else out. Better for the consumer when laws relax, legalization occurs and a buzz is cheaper. But for investors and smaller grow operations? It really sucks to be you. Especially after you borrowed all that money. There’s always bankruptcy. They’ll be asking for federal subsidies and bail-outs in not time. To prop up something that is already the “Walking Dead.”

Grow at home. They can stick their overpriced product. Selling a tiny jar of weed for $60 to a patient dying of cancer who is already spending $3000 a month on medicine. Something you can grow like a vegetable. And not even having it free of contaminants. These greedy bastards are about to get what’s coming to them.
Isn't it illegal to transport flower across state lines?
 
josefrahl

josefrahl

696
143
I don't think they will. Business currently has a built in fail-safe: not everywhere is rec legal or even med legal. The market hasn't finished it's expansion yet.

But yeah, dispensary weed sux! I wouldn't be toking if I couldn't grow my own, or didn't know someone who did. I originally thought it was just me because I didn't smoke for 20+ years, and everyone I knew thought dispensary weed was great. Once I got my hands on some homegrown I couldn't believe the difference. Even a sativa leaning hybrid that's homegrown will give me a mellow stone, but dispensary weed is like speed. I'm guessing it's the chemicals they use. Spray or feed some volatile substances to the plant to keep the bugs away or get bigger buds, and you get that added to your high. Kind of a disgusting thought imo. I'm sure they'll start doing the whole GMO thing soon and then we'll have weed that cures cancer but causes seizures. But don't worry, this one stops seizures, unfortunately it causes neuralogical disorders and heart disease. But don't worry, this one....
 
mysticepipedon

mysticepipedon

4,738
263
This is what happens when used car dealers get in on it. Lol. I go by these places and they have a line out the door. Hopefully the new wears off soon.

A gram of ok wax will end up about 90$ out the door here. I was in Co recently and got 8 for 80 otd. It’s hard to compete with big facilities on concentrate’s price wise.
In SE Michigan, when the state started legal sales, lines were out the door and down the block for the few dispensaries licensed for recreational. That will die down when there are more dispensaries and supplies are up. Municipalities and townships that "opted out" of allowing dispensaries are also changing their tunes.

In one case of a town that opted out, the town council was dead-set against weed. It was going to take down the country and they'd have nothing to do with it. A petition went around and they forced it onto the ballot, it won. Since I was personally familiar with some of the players on both sides, it was quite entertaining.
 
mysticepipedon

mysticepipedon

4,738
263
I just got hip to vaping oils with a max pod deal. Been smoking for 47 years. Theyre pretty cool to be honest. What Im really looking forward to is generating some kief and making some hash. I havent had hash in 30 years. Eh at least whats cool is that there is a lot of products available to those who want to make their own whatever at home which is cool. So for those so inclined you can have good clean product you can be proud of. And no one else to blame....lol
Get some filter bags or follow @GNick55 instructions for dry sifting. You will kick yourself for not trying to make it before.
 
midgesmith

midgesmith

111
43
What’s coming to them? History has shown greed usually wins..
Oh yeah... What is coming to them is lots and lots of lovely money for 'convenience' versions of our beautiful artisinal grows. Fuckit, let them enjoy their cash, as long as we can enjoy our herb and the grim satisfaction of knowing better.
 
Trustfall

Trustfall

Supporter
5,469
313
Oh yeah... What is coming to them is lots and lots of lovely money for 'convenience' versions of our beautiful artisinal grows. Fuckit, let them enjoy their cash, as long as we can enjoy our herb and the grim satisfaction of knowing better.
What gets me is people enjoy going into shops and buying the pretty packaging and hype over a home growers herb. They will spend $60 an 1/8 with a shop but only want to give you $20 1/8 because you don’t have overhead😅
It’s kind of like how the quality of the high took a back seat to the looks of the herb.
 
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