Canada has already green lit, Mexico will be next. Sessions time is limited, so is federal prohibition's. No way Trump lets this go without getting a finger in the pie.

Yeah, I just meant Canada's rec market actually kicks off in a week. ... If Mexico beats the US to legalization, that will be pretty funny. ... somehow I moved out of DC right as they legalized, and NY isn't tripping over itself in a hurry.

So, Michigan and North Dakota are voting on recreational pot in November, and Utah and Missouri are considering medical ...

Probably go what, 1 for 4?

I think that PYX is going to start trading like NBEV was a couple weeks ago now that a huge portion of the shares are short. Watch for a short trap in the first 5 minutes at the open tomorrow, like down to 32-34 (this range may vary depending on how pre-market goes), and then the algos will take over and squeeze it to 50. If this happens I would not be surprised to see it at 100 by the end of the week.

Federal legalization in the us could potentially be a death blow to some if they relax licensing requirements for dispensaries and even if not, the fact that product would be able to freely cross state lines will have a downward pressure on prices if only by jacking up the supply to illegal sellers. Best case scenario for companies with licenses is that it stays federally illegal but is tolerated within states.

What happens to my current Aurora stocks if/when they are listed on Nasdaq?

Relatively weak volume...not doing what I hoped.

So this company I like TGODF ... down this morning, but issued a PR on their operations. Along with what looks like an eye towards international growth, they wrote this:

^That's old news, dilution has caused this thing to tank recently.

just read some article on seekingalpha, that I stumped through on a Motley fool ad on Twitter. Seemingly, I am suddenly being bombarded with pot stocks.

guess it was here: https://seekingalpha.com/article/421...sitions?page=2

is this some futuristic **** as well? its at $9 from .5, I like jane, should i jump in?

You'll own the equivalent of the new ticker afterwards, not both.

Altria just announced they are exploring a stake in Aphria (APH.TO). Lots of stuff getting pumped right now.

Big tobacco Altria in talks to acquire stake in Aphria.

Aside from the fact that smoking a joint looks a lot like smoking a cigarette, I wonder how closely aligned tobacco and cannabis producers really are. ... Why is that segment so interested? They don't seem as closely-aligned as you'd think from appearances.

1. Their industry is nearly dead so if they want to survive they're going to have to diversify.

2. I'd imagine if you can grow tobacco on a large scale it won't be very hard to transition to pot.

3. They already have the facilities so it won't be very hard for them to retool to process weed.

4. They have plenty of cash and extensive marketing experience.

Dude none of this sector makes sense.

I believe the market would respect any cannabiz for turning them away. Big tobacco should suffer, rack up lots of debt trying to get well, then finally go under; karmic irony.

Blaze before you assess. It'll come to you

Think it's more complicated than you might think. For one, big tobacco is owned by old money. Old people are still weird about mj. Philipp Morris is not based in USA so I wonder how easy it would be for them to get a license. Their usa headquarters are in NY where it's still illegal. I could be way off base though idk.

So, no surprise, I'm not particularly knowledgeable of tobacco and cigarette makers. ... However, my understanding is the cigarette makers are not the tobacco farmers. And particularly right now, with most all grow indoors, there doesn't seem to be a connection between cannabis cultivation with outdoor tobacco.

But your other two points make sense ... I have been kind of bummed to see the big players looking to partner in the cannabis space are coming from soft drinks, alcohol and tobacco, which are not so aligned with pot, at least imo as a consumer.

That said, drink makers and alcohol seem like a more natural fit.

This is exactly how the stock traded this morning. Short trap to open and then a strong squeeze. Not as swingy as IGC and NBEV and the volume is not as strong but I think this can still make a nice run.

Lots of news coming out of central and south America regarding m&a's and expansionary activities. Analysts boosted khrnf pt over $3 a few days ago.

Acreage Holdings deal to list is almost done, will be jumping in to that one head first.

I'd be very surprised to learn that anyone in big tobacco has any moral qualms about selling weed. The whole reason they don't already dominate the market is that it's only quasi legal. Once it's fully legal they'll jump right in at the top. They'll have no problem getting licenses because they have more money and lobbying power than anyone else.

They may not be the tobacco growers but they've got the tobacco growers in their back pocket. The ability of tobacco growers to produce high quality weed at incredibly low cost will make all of the stoners that currently run grow operations look like fools.

There's absolutely no reason that top shelf weed can't be grown outdoors, and professional farmers who've been growing on a really large scale will be able to outproduce everyone once they know it's legal and profitable.

I'd say the reason most weed is grown indoors is due to the areas where it's currently being grown (due to being legal) aren't particularly conducive to outdoor farming combined with a culture of "hiding" what they're doing.

Places like the Emerald triangle grow plenty of outdoor top shelf weed. Once it becomes legal to grow it in the farm belt where they have the best land, best equipment, and best farmers you'll see a shift to massive commercial outdoor marijuana cultivation.

I hope you're wrong on the big tobacco companies, but you probably are not.

Indoor legal grow is often dictated by local regulations. I know some people say indoor v out, better or whatever, but right now a lot of that is regulation, localities don't want outdoor fields of marijuana and there's also security.

But as I posted earlier, that dude from NORML basically said what you're saying: outdoor, pesticide free is the future; tobacco companies are only waiting for legal issues to shake out. ...

Exclude big tobacco if you want. Now consider farmers who farm corn, soybeans, produce, and other commodity crops. The only reason none of these people are involved with growing weed is that it's illegal. Sure, some of them have moral qualms but most of them only care about 1. not doing anything illegal because they're worth millions and won't risk their land, and 2. the bottom line.

I don't see how you have widespread/federal legalization and exclude commercial farmers. Look at it from lawmakers perspective. If you have wide spread legalization who do you want running it?

On the one hand you have commercial farmers with a long history of doing everything by the book, paying taxes, contributing, owning huge chunks of land, and supporting the community. On the other hand you have a bunch of new bootstrapped startups run in large part by stoner/growers.

Most commercial farmers have very deep pockets, incredible resources at their disposal, decades long track records of being successful and constantly improving their product, margins, and land conservation.

There are literally hundreds of farmers in every farm belt state who could start larger than average grow operations by simply getting in their $70k pickup and driving down to the bank and telling them that they're going to grow a couple hundred acres of weed this year as an experiment.

If those farmers can make even $100/acre more than growing corn we'll have so much weed coming out our ears they'll be trying to figure out how to store it in giant 20 story tall piles on the ground like we do now with corn.