Regardless, PHOT and FITX will still go forward, G
Post# of 56323
Again, this is still in the infancy stage. Ask us again in a year or two how we look. I repeat, if you do ANY DD, you will see FITX is backed financially and Growlife will be ok as well. Growlifes earnings are low this past quater from spending like mad to prep for the future which MUST be done now.
Will big tobacco get involved? yes...but most likely through a buyout. Let others go through the hurdles and get the licenses, then buy them for a few billion. The last few weeks have been painful and will continue to be, but look at them as buy opportunities.Average down, but only what you are ok with losing.
Also think bigger picture, FITX will get licenses to grow, import AND export, there are MANY countries that want this to besides the US and Canada. And yes, the USA will get on board, Why? Politicians will soon need to run for re-election, if they want a shot, they MUST get on board or retire from politics. Plus with government greed at an all time high, the tax revenue will be billions a year. How else will those black ops of the future be paid for? Money talks, this is LOTS of money.
Also do not plan on a reverse split for a long time to come, MJ stocks will be 95% bashers and shorts until the first profit, so why bother reverse splitting when in a day they will manipulate it down. I swear every SA author should be daily audited, cant tell me they are being paid off by short sellers.