Boiler Room: The Official Stock Market Discussion

[Rickdogg44]

ehh...i think that's an overstatement, Eaze is one of the most popular in the Bay for delivery, I know my ex used to use a gang of delivery apps out east. WM might have the brand recognition head start, but they're not irreplicable tech. leafly is just as good with tons of info on strains as well, dutchie is another well funded app....WM will use its deep pockets to buy out competing apps in other regions


edit: interesting tidbit, the age and rason for use skew between the two

I need this service in Georgia

Warnock and Ossoff ... its time!

 

[25YOUTHS!!]

Privateer Holdings owns Tilray (75%), which is merging with Aphria to become the world's biggest weed company by revenue.
Privateer Holdings also owns Leafly
This could be interesting as they could control both the product and the marketplace

Legal Cannabis: Amazon Vice President Resigns, Joins ‘The Next Tilray’

 

[10bandz]

Privateer Holdings owns Tilray (75%), which is merging with Aphria to become the world's biggest weed company by revenue.
Privateer Holdings also owns Leafly
This could be interesting as they could control both the product and the marketplace

Legal Cannabis: Amazon Vice President Resigns, Joins ‘The Next Tilray’

yeah Privateer been in it a long time.....probably one of the first groups of corporate cacs to go all in the weed game, many years before CA or even CO legalized recreationally.

 

[NatiboyB]

Privateer Holdings owns Tilray (75%), which is merging with Aphria to become the world's biggest weed company by revenue.
Privateer Holdings also owns Leafly
This could be interesting as they could control both the product and the marketplace

Legal Cannabis: Amazon Vice President Resigns, Joins ‘The Next Tilray’

I was sitting earlier today debating rather to just go ahead and jump onto Tilray now. I'm under the assumption once marijuana is legal companies like Altria and Phillip Morris may buy out the MJ companies....But until than I'm thinking of hopping onto Tilray.

I also have a theory that companies Like Exxon and Chevron will also do the same thing with alternative energy by purchasing the companies that may make the most noise in that industry.

Do you think that the Tilray merger will make them the leader as far as marijuna stocks with high growth potential? kind of like getting in on coke or pepsi early?

 

[Serious]

Yeah. So basically Weedmaps has been the defacto directory for weed shops since like 2008 and shyt. They've been charging companies thousands of dollars a month for adverstiments of their listings and deals, as well as the placement for the listings and deals (you pay extra to rank higher. they charge ALOT for the high ranking spots).

Weed has been an illegal industry this entire time until very recent years. Even now, a lot of legal companies don't use banks because they can't. So how has been Weedmaps been accepting payments for the hundreds/thousands of shops they've advertised for 12+years? Cash. A LOT of cash. Having dealt with WM in the past i know for a fact they've had tons of shops or deliveries paying them six figures a month over the years. And the pay the monthly bill they simply would send a runner to WM's HQ's and drop off a bag of cash. We're taking 100-200k in advertising fees a month just from one shop/delivery. And there was a number of these payments that the FBI saw themselves, watching the runners park in the parking lot, enter the building with a bag and leave without the bag and enter back in their car and leave the parking lot 5 minutes later. They were monitoring WM's HQ's for a while.

Weedmaps definitely hasn't been declaring all of those dollars, especially considering they've been accepting all this cash from mostly illegal stores. Pre-2018 you did have some shops in CA that had a kind've gray area legal status, but there also has been many many more shops that were just straight up trapping the whole time. After 2018 Weedmaps spent another two years accepting cash from any and everybody until the pressure from CA gov't made them kick off all the unlicensed operaters in January 2020.

Considering WM has made the move to go public it may indicate that Biden's people are giving them a pass. The clout Weedmaps has built can NOT be replicated. Leafly has done the best job but still falls way short. All the other directory sites have tried and are garbage. I've had extensive discussions over the years with tech dudes and dudes deep in the weed game about possibly starting a WM competitor and it's just not possible right now unless you got billions of dollars. WM's created the market and dominates and is essential to legal weed moving forward and working properly

Good shyt, I like explanations like this. We need more of this

 

[Reign X]

fukking wsb. I got in on bb but gme seems tempting. Couple of big investors are in. And then there’s wsb posters like below.



Ipoe and bft both still seem undervalued. I’ll probably regret not selling other stuff and going big on these.

 

[Serious]

ARK Q4 2020 Report:
https://etfs.ark-funds.com/hubfs/2_Download_Files_For_ARK_Funds/Reports/ARK_ETF_Trust_Quarterly_Report.pdf?utm_campaign=ARK ETFs Lead Nurturing&utm_medium=email&_hsmi=107417722&_hsenc=p2ANqtz-_7Jq55fxqBZ2sH6YMWgZqHgxmGHb9bb8djbVcB5R8gP2wVfX0hyvS-8n_4SGQk9ykmOFmRMYilD8n40aKE4-j9j9LStw&utm_content=107417722&utm_source=hs_email

 

[mr. smoke weed]

Yeah. So basically Weedmaps has been the defacto directory for weed shops since like 2008 and shyt. They've been charging companies thousands of dollars a month for adverstiments of their listings and deals, as well as the placement for the listings and deals (you pay extra to rank higher. they charge ALOT for the high ranking spots).

Weed has been an illegal industry this entire time until very recent years. Even now, a lot of legal companies don't use banks because they can't. So how has been Weedmaps been accepting payments for the hundreds/thousands of shops they've advertised for 12+years? Cash. A LOT of cash. Having dealt with WM in the past i know for a fact they've had tons of shops or deliveries paying them six figures a month over the years. And the pay the monthly bill they simply would send a runner to WM's HQ's and drop off a bag of cash. We're taking 100-200k in advertising fees a month just from one shop/delivery. And there was a number of these payments that the FBI saw themselves, watching the runners park in the parking lot, enter the building with a bag and leave without the bag and enter back in their car and leave the parking lot 5 minutes later. They were monitoring WM's HQ's for a while.

Weedmaps definitely hasn't been declaring all of those dollars, especially considering they've been accepting all this cash from mostly illegal stores. Pre-2018 you did have some shops in CA that had a kind've gray area legal status, but there also has been many many more shops that were just straight up trapping the whole time. After 2018 Weedmaps spent another two years accepting cash from any and everybody until the pressure from CA gov't made them kick off all the unlicensed operaters in January 2020.

Considering WM has made the move to go public it may indicate that Biden's people are giving them a pass. The clout Weedmaps has built can NOT be replicated. Leafly has done the best job but still falls way short. All the other directory sites have tried and are garbage. I've had extensive discussions over the years with tech dudes and dudes deep in the weed game about possibly starting a WM competitor and it's just not possible right now unless you got billions of dollars. WM's created the market and dominates and is essential to legal weed moving forward and working properly

Yea I feel you. Almost every dispo here in Colorado are habitual line steppers when it comes to that stuff.

Places like edible companies, concentrate companies etc. Would also have to be paid in cash, which more than likely would have a portion undeclared.

Its funny weed is legal in so many states, but you end up doing illegal biz moves to operate a dispo

 

[mr. smoke weed]

why wouldn't weedmaps be replaceable? what they actually own that's not replaceable sounds to be me all it take one big established company say uber eats or some other food delivering company to add cannabis to their service and they are out of the game

Naw

Cali really the only state w delivery

 

[mannyrs13]

fukking wsb. I got in on bb but gme seems tempting. Couple of big investors are in. And then there’s wsb posters like below.



Ipoe and bft both still seem undervalued. I’ll probably regret not selling other stuff and going big on these.

So basically the further out the expiration date is, the better so it has more time to reach that price and you can keep stacking up?

So he got a limit of 1000 at .40 so he paid $400 for that trade and ended up with nearly 3 million?

 

[nyknick]

This thread has me tempted to get into stocks made a mistake by finally opening this thread after 8 years


Is Ameritrade good place to start or is there something else better?

 

[mannyrs13]

This thread has me tempted to get into stocks made a mistake by finally opening this thread after 8 years


Is Ameritrade good place to start or is there something else better?

that one should be good. i have an account with them but haven't messed with them in a while. depends tho cuz they got free trading but charge a fee on otc stocks or pennies from what i remember. so might want to grab something like webull or fidelity for any stocks that may charge you a fee.

 

[Scholar]

So basically the further out the expiration date is, the better so it has more time to reach that price and you can keep stacking up?

So he got a limit of 1000 at .40 so he paid $400 for that trade and ended up with nearly 3 million?

He paid $40 per option. $40,000 spent (40 x 1000 option contracts)

 

[Ahadi]

This thread has me tempted to get into stocks made a mistake by finally opening this thread after 8 years


Is Ameritrade good place to start or is there something else better?

Check Fidelity too.

 

[mannyrs13]

He paid $40 per option. $40,000 spent (40 x 1000 option contracts)

how does it say .40 under price paid? don't tell me they bout to trick me and charge more when i start getting into options?