I think the blue rose has something to do with Project Bluebook.
Scott Gazzard:
Alot of attention has been drawn to the 'Blue Rose' investigation mentioned
in the movie FWWM. It has been hypothesised that the Blue Rose is a code
for cases involving supernatural phenomena, or that it is linked to Project
Bluebook.
However, again I think there is a more mundane explanation. This is, I admit,
based on flimsy evidence, and it needs to be thought through some more,
but I think that the Blue Rose is a symbol used for Jean Renault's drug
smuggling activities, which the FBI and Canadian authorities have been investigating
for some time. In FWWM, agent Desmond says that the tailored dress worn
by the dancing lady is their code for drugs. So, unless there is a connection
between the drug cases and supernatural events, I think it is unlikely that
the Blue Rose would be used in conjunction with the tailored dress.
Recall that the mistress of One-Eyed Jacks is Blackie, short for Black Rose.
Note that when we first see her she is wearing a dress - a black dress.
When
Jean Renault comes to visit One-Eyed Jacks, he brings Blackie's sister
with him. Blackie refers to her once as Nancy (I think), but this is the
only time a name is mentioned. When we see Blackie's sister for the first
time she too is wearing a dress - a blue dress. If Black Rose is seen
in a black dress, then that would make her sister, seen in a blue dress...
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