Originally posted by lindy2: is there an investment there anywhere?
I can't figure this. If it were 1932, I'd say no, you'd make more money importing bananas. It's an agricultural commodity that should sell for about $2 a pound like dried basil. It's only the legal complications that make it worth money, like tobacco.
TomP
Our country, right or wrong. When right, to be kept right, when wrong to be put right.
Carl Schurz (1829 - 1906)
Posts: 15170 | Location: Moreno Valley CA USA | Registered: 20 November 2000
Regardless of what the State says, the federal government views this as an illegal business. However, the IRS still expects you to track and pay all associated income tax on your illegal business. Sorta like waving the flag you're breaking the law and that the IRS and DEA should pay you a visit in the near future.
No thanks, there are better (legal) ways to make money.
___________________
Just Remember, We ALL Told You So.
Posts: 22445 | Location: Occupying Little Minds Rent Free | Registered: 04 October 2012
It is probably as good an investment as emus, baseball cards, ostriches, beanie babies, chinchillas, cabbage patch dolls, or llamas. If you get in at the right time, you win. Most won't, so count on losing your "investment".
Posts: 13937 | Location: Texas | Registered: 10 May 2002
"So count on losing your investment"? Lends a whole new meaning to watching it all "go up in smoke". Personally I'd recommend pork belly futures or trying outguess the G.D. corn market.
Posts: 217 | Location: SW of Dodge City | Registered: 18 September 2005
