I want to invest in Eaze so badly. The business plan is perfect.
I was talking to one of the people involved in it the other day (which is why I knew about it) and their big money is by selling local ads for delis/pizza delivery places and such and then getting a cut of the money from those food sales. You combine that with the markup they put on the pot itself and you have a system to virtually print money.
And as states see just how much money California and Colorado are making from taxing pot, you know there will be more pot legal states in the near future, so the company growth potential is really high.
Overall approval for legalisation in the US is up to 54% (from 52% in 2013), 23 states have medical marijuana, 4 have legal recreational marijuana, and there are another 6 lined up for 2016 (last I checked).
The main negative I can see is the possibility of a Republican president deciding to enforce federal law over state law on this. If that doesn't happen then by the following election things will have moved too far for them to claw it back.
I was talking to one of the people involved in it the other day (which is why I knew about it) and their big money is by selling local ads for delis/pizza delivery places and such and then getting a cut of the money from those food sales. You combine that with the markup they put on the pot itself and you have a system to virtually print money.
And as states see just how much money California and Colorado are making from taxing pot, you know there will be more pot legal states in the near future, so the company growth potential is really high.
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The main negative I can see is the possibility of a Republican president deciding to enforce federal law over state law on this. If that doesn't happen then by the following election things will have moved too far for them to claw it back.
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It would be the first stock I've ever bought.
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