The volatility in this sector can drive a teetotaler to daily drunkenness. I asked a smart and well-informed friend for his thoughts. He said the funds, sitting with loads of cash, are just waiting for the day marijuana is rescheduled on the CSA list. Then they will pile in. The big funds, he said, stay away from companies that deal with a federally prohibited substance. My thought: When schedule 1 falls, watch out. This sector could  be like Vesuvius erupting. All to the good for SKTO.

Coincidentally, Harry Reid caved on opposition to mmj yesterday. That day when schedule 1 falls is probably closer than we think.