the "pot stock" boom

Midnight tokers,

The floodgates have opened, and the "pot stock" boom is underway.
Didn't take long for the capitalist running dogs to get their grubby paws on it:

http://www.fool.com.au/2017/03/15/heres-how-much-5000-invested-on-monday-in-marijuana-stock-stemcell-utd-ltd-would-be-worth-today/

No longer a mob of long-haired flower children dancing naked around a few pot plants while smoking the peace pipe; still, a currently tiny market of just eight thousand kilo's of choof worth about a hundred million bucks is all it takes to create but a small crack in the dam wall it seems.
According to the ABS, the illegal cannabis market in Australia is worth $3.639B.

http://www.governmentnews.com.au/2017/03/26521/

However, I do not need shares long-term in a company that wanted a licence to plant all eight and a half thousand acres of Norfolk Island to weed, failed, and are now being forced to grow second-rate gear in Chile:
As always, the arse is highly likely to fall out of something, somewhere:

http://www.auscann.com.au

What next, Fawlty?



(originally published 16-03-17)