I’m an Aussie who lived in Colorado for the last 5 years and in a word, in my loudest voice, I urge you to get involved. I know you have heard it all before and it’s difficult not to get jaded with every other stock in every other industry being over hyped as the next best thing. From personal experience I know CBD and THC will be billion dollar businesses. It already is, overseas and quietly it’s underway in Australia too.
For the record I’m just a regular Aussie, dad of two young ones who IS NOT AFFLIATED nor paid by any company, newsletter, corporation or religious or political association. It’s just me saying, that I think most Aussies would like to have some extra cash and help others doing it. I have friends in the US making over US$10,000 per month, one even sent a photo of the cheque knowing I’d be skeptical. It’s a part time gig for her- genuinely part time, after hours and she’s on track to do over AUD$200k
The momentum is well under way and medically CBD and THC are getting a thumbs up from many substantial players, medical research authorities and entire nations across the planet. Even the WHO (World Health Organization) states these wonder drugs need to be RE classified. I understand it’s currently illegal in Australia recreationally and heavily restricted medically, that’s the law of the land, but I think it’s time for change. The evidence is clear, there is no need for some Aussie tax payer funded research committee or a royal commission. The homework’s been done by a series of other countries. Simple, now let’s get on with it.
What we need in Australia is more local pot plays to get involved with. If we can get more people involved and in the know and we can get busy getting the Canberra crew to get on board. In the not too distant future you’ll be hearing about Aussie investors who start paying for some or all of their lifestyle from the international marijuana industry. Fancy a slice?
ELIXINOL (ASX-EXL) is Australia’s Marijuana industry star and it’s also listed on the OTC in the USA. It is apparent that Australia will most likely become a major hemp producer and there are already a number of hush hush Australian commercial growers supplying medical marijuana to the international and domestic markets. No matter where you travel to Aussie products hold a special status around the world, so why not with pot and hemp too?
I have a disversifeid portfolio and have taken a 20% weighting in the domestic and international pot biz and I am very happy with progress. The main benefits of this industry are its job creation, onflow throughout a variety of complimentary industries, efficacy replacing expensive and sometimes inappropriate big pharma products. But, the big one with pot is TAX. The tax revenues alone make politicians do a 180, they just need public opinion to allow them to voice their ‘own’ without fear of a public backlash and then it’s all on.
In 2019 CBD and THC are commodities, they always were but now more than ever they highly traded and leveraged and I’m asking Australia to talk about it and let’s get this on the state and federal ballot and reap some of the potential. There is no doubt it’s not too late to get involved, Canada was the big catalyst federally legalizing pot on October 17th, 2018. It’s really only just gone ballistic and it’s trajectory is smile inducing. The US is next as it’s states embrace the warm fuzzy tax bonanza. Federally, it’s just a question of when.
I am happy to share years of research on the industry, even share with you what I’m doing and why. Maybe together we can help Australia benefit from this brand new retro business.
- Forums
- ASX - By Stock
- Pot stocks- a brand new retro business.
I’m an Aussie who lived in Colorado for the last 5 years and in...
Featured News
Add EXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.605M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.605K | 321.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 6265944 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 14532474 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3797 | 4.490 |
1 | 8000 | 4.480 |
2 | 6000 | 4.470 |
1 | 358 | 4.460 |
3 | 3424 | 4.450 |
Price($) | Vol. | No. |
---|---|---|
4.500 | 31 | 1 |
4.510 | 342 | 1 |
4.520 | 397 | 1 |
4.530 | 370 | 1 |
4.540 | 825 | 2 |
Last trade - 15.57pm 25/11/2024 (20 minute delay) ? |
Featured News
EXL (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online