Homeopathic Cannabis

Well... i dont understand anything about homeopathy, so i had this crazy idea... does its possible to make a homeopathic preparation of cannabis?
I know that they are made dissolving the active principles in water, then shaking the mixture (100 times if im not mistaken), then dissolving again, shaking again, and so... I also read that as more dissolved, more potent is the thing...
Even if the THC is not soluble in water, would be possible to use another solvent instead? Or the homeopathy only works with water?
I know its a crazy idea... but if someone knowledgeable in this subject like it, or know why it would not work, please tell me.