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| Porn Users Forum » I'm investing in Pepsi and Coke stocks now. Who else is in? |
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| 10-02-18 12:10pm - 2273 days | Original Post - #1 | |
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lk2fireone (0)
Active User  Posts: 3,618 Registered: Nov 14, '08 Location: CA |
I'm investing in Pepsi and Coke stocks now. Who else is in? PepsiCo joins Coca-Cola in exploring cannabis drinks AFP•October 2, 2018 New York (AFP) - PepsiCo on Tuesday joined the growing list of big companies to confirm potential interest in making drinks with cannabis. Hugh Johnston, chief financial officer of the soda and snacks giant, acknowledged the company's interest in an interview with CNBC. "We will look at it very critically," Johnston said of cannabis on an interview with CNBC. "But I am not prepared to share any plans that we may have in the space right now." Johnston noted that cannabis is still illegal under federal law throughout the United States, even though some states have legalized it. But he said the company would "turn over every stone to look for growth." The remarks come two weeks after PepsiCo's archrival Coca-Cola said it was studying "wellness beverages" that could include cannabidiol, or CBD, a non-psychoactive component in cannabis that is sold in a growing variety of consumer products. Molson Coors is also working with a Canadian company on cannabis-infused non-alcoholic beverages, while Constellation Brands has announced a hefty $4 billion investment in Canada's Canopy Growth in exchange for a 38 percent stake in Canopy. Cannabis-infused drinks have been seen as a potential growth area for soda and spirits companies that have had trouble boosting sales. Canada is set to legalize cannabis on October 17 after both houses of Parliament voted to make the drug available for recreational use. That move has been seen as a potential prelude to further legalization in the United States, even though recreational use of marijuana is still only permitted in a handful of states. | |
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| 10-03-18 04:46am - 2272 days | #2 | |
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rearadmiral (0)
Active User Posts: 1,453 Registered: Jul 16, '07 Location: NB/Canada |
As a Canadian I'm concerned about legalization. I fully support it but I don't think we're ready for it. There are still a lot of unanswered questions. Driving while high is a big one since there is no reliable way to quickly test someone yet and there isn't even an agreed-on objective measure. I read an article recently where a significant proportion of people surveyed (though still a minority) said that being high doesn't impair their ability to drive. One area of my legal practice is in occupational health and safety and a potentially big problem is that there are a lot of people who seem to think that once cannabis is legalized they can use wherever and whenever they want. The reality is that cannabis will become just like any other legal drug, such as alcohol. These people need to understand that pounding back a few beer at lunch will get them disciplined and maybe fired and the same thing will happen if they smoke a joint at lunch. As for the investment side of this, I think time will prove this is way off the mark. My prediction is that there will certainly be a spike in use for a year or so and then it will fall back to low levels. So when companies talk about pot-infused beer and colas the first few batches may sell well but then they'll become a small niche product. Financial advisers and papers here in Canada are generally sounding the alarm for investors for these same reasons. The province I live in has probably the worst economic situation in all of Canada, but that's not for this reply. But the current plan is to turn pot into a major product and the profits that government will make off of it will be our economic savior. Yeah, right. The government has gone all in with CannabisNB stores set to open to supply the endless demand for the stuff. But since a huge proportion of our population have no skills and live entirely off of government assistance AND pay no taxes it seems to me that this idea has 'disaster' all over it. I have a close friend who works in the research area and one of the big new areas of development he's working in is cannabis. He, too, predicts disaster at the current plan. His thought is that the real market will be in industrial hemp and our climate only supports a six to eight month growing season each year. We can't compete against Central and south American countries that have lower wages and can grow hemp all year long. The only potential for growth that I can see is ultimately negative as well. Since our Supreme Court ruled a decade ago that it was unconstitutional to ban cannabis for medical use Canada has seen an exponential growth in medical authorizations. And many (I'd even say most) of these authorizations are for conditions with little or no science to support them. Current medical science only finds evidence to support a narrow range of conditions that are positively affected by cannabis. Further, my experience with clients is that even though science supports cannabis use for a narrow range of conditions that research indicates that high CBD and low THC cannabis is what is indicated. But... try limiting someone to low THC cannabis. Nope, what they're looking for is always high THC stuff. The real growth in this area is that so many people are getting these authorizations, sourcing high THC cannabis and getting their employer- or government-funded health care plan to pay for it. So all we're doing is passing those costs off elsewhere. I know some may disagree with me on this, but what is the difference between me going to my doctor and getting a cannabis authorization and ordering high THC cannabis on my employer's health care dime so I can get high and watch TV and me saying to my doctor that I prefer good Scotch so he should authorize that and make my employer pay. And as a last note on this, I recall a letter to the editor in a national newspaper a while ago. In response to a story on cannabis use a long-time family doctor wrote in to say that he was dismayed at the number of people who showed up in his office every week with a litany of problems and stating that the cause of all of these was a marijuana deficiency. Maybe one more thing since I'm on a rant... Crossing the border into the US has become more difficult since your new President took office. I'm not sure why, but it seems that your President has demonized his true allies while becoming BFFs with two of the worst dictators on the planet. Your President labelled Canada as a security risk so he imposed sanction on us. The border is not a friendly place these days. And since I'm on this final rant, which of your allies put their own lives on the line to rescue as many of your embassy staff as possible when the Iranian Revolution hit and all your embassy staff were taken hostage? Remember 9/11? Remember when you closed your airspace because of legitimate concerns that more planes had been hijacked? Which of your allies, at great risk to itself, said 'land 'em here.' Which of those allies put all those hundreds of thousands of stranded Americans up in hotels and private homes? (That's the basis for the hit musical 'Come From Away.'  And when your President announced that he was going into Afghanistan to wipe the Taliban off the face of the earth which of your allies was first in line. And that ally took proportionally more casualties as well. I can assure you that ally wasn't Trumps friends Russia or North Korea. Oops...  | |
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| 10-03-18 07:43am - 2272 days | #3 | |
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lk2fireone (0)
Active User Posts: 3,618 Registered: Nov 14, '08 Location: CA |
Don't worry about Trump. He is an Evil Alien from Outer Speace whose mission is to destroy human resistance on Earth, to allow the Alien Invasion to go more smoothly. But we have heroes, such as Tom Cruise, and even Russell Crowe, who will lead the resistance once Trump's Evil Alien origins are exposed. So there is hope for us, as human strength and honor have always triumphed, over enemy Aliens, in all the movies I have seen. I tried marijuana once back in the 1970s, and it didn't do anything for me. Maybe it was a bad batch, or a weak batch. So I never tried it again. That was over 45 years ago. But people and the stock market are always looking for the next big trend. How popular mary jane becomes, I have no idea. But it's supposed to be one of the few area of explosive growth in the near future. Anyway, I meant this thread to be slightly humorous. I'm not investing in Coke or Pepsi, because of the Mary Jane idea. I don't have the money to, anyway. As far as Trump, he is a piece of shit. He hates Mexico and Canada, until he changes his mind and says how much he loves his very good friends. He is like a used car salesman, who is high because of all the money he's making on the side as president. Most of which is illegal, but he's getting away with it, so far. | |
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| 10-04-18 09:57am - 2271 days | #4 | |
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merc77 (0)
Disabled User Posts: 291 Registered: Apr 17, '16 |
rearadmiral: We're still not ready for alcohol it seems. I support legalization of all drugs so they can tax them all for income. As Ron Paul states it's not like people will suddenly want to purchase heroin because it's legal. Time to end the silly war on drugs and focus on treatment. We could save up to $60 billion a year if we do. "Dogs think people are Gods. Cats don't as they know better." - Kedi (2016) Dogs have masters; Cats have staff. | |
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| 10-04-18 12:42pm - 2271 days | #5 | |
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biker (0)
Active User  Posts: 632 Registered: May 03, '08 Location: milwaukee, wi |
They only thing that would keep me from buying this new Coke would be the taste. Can't imagine what it would taste like. Warning Will Robinson | |
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