Colorado is running low on (legal) marijuana

During the days of Prohibition way back, once the ban was lifted Booze ran out too.  The scarcity is nothing more the rush of the novelty.  Once it wears out all will go back to normal.  Just simple Supply and Demand with the opening of a new market.  It happens to Electronics, vehicles, Food, Clothing and anything that is a hot novelty.  Now the war on Weed is going to go to a new high (pun intended).  Stoners baked out of their asses with the munchies and sleeping will be accused of violent crimes.  But people high on Oxycodone, Lortabs, Xanax, Haldol, etc… the ones that are made of Amphetamines, Opiates, Morphine and many other dangerous Chemicals is all OK according to the FDA as long a Doctor signs on them (legalized drug pusher by big Pharma).  Since when the last time someone robed a convenient store stoned from pot?  Most likely the poor stoner forgot what he was going to do in the first place.  Watch Nancy Grace for a rash of Lies, Deceptions and made up crap that will make your head spin.  She is lucky that is on TV, if she is in front of me I will shut her mouth either with a Cheesecake Wheel and/or Gaffers Tape… Geeee!  She is such an annoying critter ! 

Here is a good Stock to buy ; the ticker is CBIS check the web, is a penny stock that opened today at $0.10 Steadly has been climbing from $.03 before the new year.

Colorado seems to have more potheads than anyone — including marijuana retailers — expected.

Six days after sales became legal, stores are rationing how much they sell, and a company that makes cannabis-infused sparkling fruit drinks, chocolates, mints and more ran out of supplies in just three days, Denver’s local ABC affiliate reported. Among retailers, Lodo Wellness Center in downtown Denver, for example, is limiting customers to an eighth of an ounce, or one-eighth of what they can legally buy, it said.

The Huffington Post posted a photo of a sign at The Clinic Colorado, also in Denver, saying it had run out.

State-licensed pot stores opened across Colorado on New Year’s Day, more than a year after voters passed a ballot measure that legalized marijuana for recreational users.

Marijuana could be big business in Washington state, too. Officials have processed 6,619 applications to grow, process and sell pot, and still have more to go, the Associated Press reported Tuesday. A start date for sales under its marijuana law hasn’t been announced.

And where business is, the suits will follow. The Denver Post reported Monday on the launch of a private-equity fund for the marijuana industry by executives at High Times magazine. The High Times Growth Fund, though separate from the publication, “will use the expertise the company has built up over the years to pick investments and advise management teams on strategy,” the newspaper wrote.

The ArcView Group, which matches marijuana entrepreneurs and investors, has estimated the legalized pot market in the U.S. could reach $10.2 billion over the next five years, from $1.44 billion last year, as other states join Colorado and Washington in legalizing recreational marijuana use.

Meanwhile, The Wall Street Journal reports that it’s getting easier to use a credit card to pay for legal marijuana in Colorado.

Finally, support for legalizing marijuana is surging, according to a new CNN poll. Nationally, 55% of those questioned said the drug should be made legal, with 44% opposed. Two years ago, support for legalizing pot stood at 43%.

– Silvia Ascarelli

Link…

http://blogs.marketwatch.com/themargin/2014/01/07/colorado-is-running-low-on-legal-marijuana/

January 7, 2014, 1:47 PM
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