And for good reason. The Feds are just royally mes
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(Total Views: 210)
Posted On: 04/06/2017 1:36:38 PM
And for good reason. The Feds are just royally messing things up.
I had a conversation with the CEO of a biotech last evening and he basically told me that natural cannabis products will not get FDA approval, regardless of efficacy.
Okay, only one side of the coin, his view. But here is a person that is getting approval for a natural chemical that the body makes and will get FDA approval. How much sense does that make?
I think investors are confused as to which way to go so they are erring on the side of caution. Understandable. But at some point, just like the resistance in the chart gets broken, so will the false resistance to MMJ products.
How many realize that during WWII it was against the law for certain farmers not to grow hemp-->marijuana in any form for the war effort. When WWII ended, hemp/marijuana became illegal because it threatened to put big oil in its place. Fact, check it out yourselves.
We are at a resistance level with acceptance of MMJ as a real pharmaceutical benefit. Speaking of which, did you know that before WWII most medicine was natural? Sulpha drugs, derived from petro-chemicals were one of the first synthetic anti-microbials. Before that, it was natural things. Ever hear of putting a silver dollar in milk to keep it from spoiling? Yep, it works.
My point being, because MMJ is gaining such fast traction in the medical field, there is much resistance to it's use, therefore desire to invest in companies devoted to MMJ natural medicine is cautious for the uninformed.
Don't even start, I'm a long from day one and just today moved funds to buy more OWCP.
Just observations related to the industry, gov. regs., and people.
I had a conversation with the CEO of a biotech last evening and he basically told me that natural cannabis products will not get FDA approval, regardless of efficacy.
Okay, only one side of the coin, his view. But here is a person that is getting approval for a natural chemical that the body makes and will get FDA approval. How much sense does that make?
I think investors are confused as to which way to go so they are erring on the side of caution. Understandable. But at some point, just like the resistance in the chart gets broken, so will the false resistance to MMJ products.
How many realize that during WWII it was against the law for certain farmers not to grow hemp-->marijuana in any form for the war effort. When WWII ended, hemp/marijuana became illegal because it threatened to put big oil in its place. Fact, check it out yourselves.
We are at a resistance level with acceptance of MMJ as a real pharmaceutical benefit. Speaking of which, did you know that before WWII most medicine was natural? Sulpha drugs, derived from petro-chemicals were one of the first synthetic anti-microbials. Before that, it was natural things. Ever hear of putting a silver dollar in milk to keep it from spoiling? Yep, it works.
My point being, because MMJ is gaining such fast traction in the medical field, there is much resistance to it's use, therefore desire to invest in companies devoted to MMJ natural medicine is cautious for the uninformed.
Don't even start, I'm a long from day one and just today moved funds to buy more OWCP.
Just observations related to the industry, gov. regs., and people.
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