# Weed Stocks & Investing Thread (And Cannabis Campus Buffalo) **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [November 12, 2016, 1:22pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392 "2016-11-12T13:22:32Z")\ **Posts on this page:** 20\ **Page:** 26
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [March 31, 2021, 10:53pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/501 "2021-03-31T22:53:11Z")
> [@ubengineering](#): > > Building a position back up in Cannabix Tech for the breathalyzer. I was thinking about this today when NYS announced public funding to work towards this tech. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [March 11, 2022, 11:53am UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/502 "2022-03-11T11:53:38Z")
![image](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/0/e/0edd691f165ae72acb2d2e4705e8b98b5e99e8b9.png) > people with marijuana-related convictions will get dibs on the first 100 to 200 retail cannabis licenses awarded by New York. ![image](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/8/a/8ad657e5c7a463892816a1d0281d688630a7633d.png) > It’s part of a broader effort to redress the inequities of a justice system that locked up a disproportionate number of people of color for drug crimes. > **[First NY pot sales permits will go to people with convictions](https://www.wkbw.com/news/state-news/first-ny-pot-sales-permits-will-go-to-people-with-convictions?_amp=true)** ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [March 11, 2022, 12:11pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/503 "2022-03-11T12:11:46Z")
#ClownWorld ---
**Author:** ![Motocrossx23](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/motocrossx23/32/5120_2.png) [@Motocrossx23](https://forums.speedlife.net/u/Motocrossx23)\ **Post date:** [March 11, 2022, 12:20pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/504 "2022-03-11T12:20:55Z")
Hey we know you’re a piece of shit drug dealer, so how about being a piece of shit drug dealer…for NYS? ---
**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\ **Post date:** [March 11, 2022, 12:33pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/505 "2022-03-11T12:33:21Z")
I’m just going to throw this out there… What kind of business owner will be 100x less likely to get away with tax fraud? ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [March 12, 2022, 11:01pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/506 "2022-03-12T23:01:10Z")
If its anything like canada awarding early licenses wont matter much when there is a cannabis store in every single plaza in your city. Cannabis stores out number restaurants up here now. ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [March 14, 2022, 2:45pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/507 "2022-03-14T14:45:58Z")
At the end of the day if they can’t sell legally for less than $10 a gram most people will just keep going to their dealer. ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [March 14, 2022, 4:42pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/508 "2022-03-14T16:42:28Z")
you can buy a pound for like $1000… which is like 450 grams… so yeah why would you buy from a store lol ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [April 1, 2022, 3:34pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/509 "2022-04-01T15:34:14Z")
wallstreetbets vs a goldfish from one of my favorite youtubers (the guy that made the cursing roomba) [![](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/4/a/4a9ecf883aee540219e3bde23727c64a23925baf.jpeg "I Gave My Goldfish $50,000 to Trade Stocks") ](https://www.youtube.com/watch?v=USKD3vPD6ZA) ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [April 1, 2022, 11:17pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/510 "2022-04-01T23:17:48Z")
> **[House approves bill legalizing marijuana](https://thehill.com/news/house/3256370-house-approves-bill-legalizing-marijuana/)** > > The House passed legislation on Friday to legalize marijuana nationwide and eliminate the longstanding criminal penalties for anyone who distributes or possesses it.  Lawmakers passed the bill… ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [April 2, 2022, 2:29pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/511 "2022-04-02T14:29:02Z")
i’d be shocked if it passes the senate ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [February 16, 2023, 2:55am UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/512 "2023-02-16T02:55:11Z")
> ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [February 16, 2023, 5:02pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/513 "2023-02-16T17:02:08Z")
Damn ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [February 16, 2023, 7:02pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/514 "2023-02-16T19:02:18Z")
yes they already closed thier largest facility in Niagara over a year ago. a close friend of mine, that used to be on here, is the building foreman and the last remaining employee that goes with the building. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [February 16, 2023, 9:59pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/515 "2023-02-16T21:59:53Z")
> [@bing](#): > > the last remaining employee that goes with the building. 😑 ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [June 10, 2024, 10:07am UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/516 "2024-06-10T10:07:17Z")
Someone hold me back from making an “up in smoke” dad joke… [https://www.politico.com/news/magazine/2024/06/09/colorado-weed-market-00157118](https://www.politico.com/news/magazine/2024/06/09/colorado-weed-market-00157118) ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [June 10, 2024, 11:10am UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/517 "2024-06-10T11:10:56Z")
It’s not surprising. You gotta out do the illegal distributors and get the “legal” shit like delta 8 off the shelf as well as make it less expensive. 1000mg of edibles at Dank716 downtown buffalo is a little over $300 (each 100mg pack is 30$ plus tax) 1000mg of edibles at the indian reservation is $15 I’ll make that 30 minute drive and spend $6 in gas once every 6 months to save 280$. Of course the reservation doesn’t go through the same bureaucracy and quality standards but I’m sure the ones the state goes through is overkill. Also these Arab smoke shops are popping up every half mile. They sell legit shit in back if requested and they start to trust you. Weed used to be $3-400 an ounce, now it’s down to $50-$100 based on quality. Everyone who wants to use is already using. Legal distribution was oversatured. I think it’s just adjusting for what the market needs and then it’ll stabilize. If it wants to grow any further it has to be more competitive with illegal distributors. ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [June 10, 2024, 2:12pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/518 "2024-06-10T14:12:48Z")
Reading the article on Colorado was interesting. What a perfect storm of timing with Covid. Just as they legalized it you made everyone depressed, locked in their homes and sent them a bunch of stimulus checks. No wonder there was a weed boom. It’s going to take a while for the market to find it’s true balance of supply and demand. Like any new industry the cowboys that took the risks to jump in early and did great with zero competition are going to struggle when more established and experienced businesses enter the space. When your profit margins are over 50% you can be terrible at running a business and still succeed. Those 50% margins never last though because once you prove that kind of money is out there the more risk averse people that know how to run a lean mean company will enter the space and undercut you and you. When you see things like this: > Back in the days when the dispensary was printing money, Dank fed its employees, paid for all of their health insurance costs and even hosted weekly staff parties. Every time a cab driver pulled up to drop off a customer, that cabbie was getting a fiver. You know that guy is either going to have to learn to run his company on far less profit or he’s going to be out of business in a hurry when the competition shows up. ---
**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\ **Post date:** [June 10, 2024, 2:32pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/519 "2024-06-10T14:32:16Z")
I can smell that Walmart parking lot already… Or just about everyplace people gather outdoors now. ---
**Author:** ![HouseS2K](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/houses2k/32/100273_2.png) [@HouseS2K](https://forums.speedlife.net/u/HouseS2K)\ **Post date:** [June 10, 2024, 3:20pm UTC](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392/520 "2024-06-10T15:20:45Z")
Literally every where now people gather smells Like weed. I can’t help but think “must be some trashy people around” or maybe I’m getting old LOL [Previous page](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392.md?page=25) [Next page](https://forums.speedlife.net/t/weed-stocks-investing-thread-and-cannabis-campus-buffalo/274392.md?page=27)