Helm2war....I think you are right about a lot of
Post# of 379
Reality is that sooner or later the government will absolutely take , 'Medical MJ' , off of the , 'HIT' list and allow RnD to happen, banking to happen, and businesses to grow in that area. Recreational.....well, that will take longer, and a different type of legislation, something closer to alcohol and tobacco.
So, that said: If one looks toward an investment in the MMJ markets, then one should, in my opinion, look toward companies which focus primarily on the medical aspects of the plant, have their own grow facilities, are in to CBD's more than THC, and include hemp grows in their portfolio.
Starting to sound like I am talking about Bill and Cen Bio. doesn't it ?? Well, ok, ESBI .........
There are several companies that are focused on primarily just medical and those will be the winners.
Also, I think one must consider who is going to be positioned to be sucked up by Big Pharma, who can afford the cost of taking the research to the next level with the FDA. Those are the guys that will be the ones lobbying in Congress for removal to a lower classification . I doubt that the government will do shit without Big Pharma in the wheelhouse.
Based on that I think your 2018 timeline is a valid one, but, feel it could happen before then, possibly. Being on board early is a good thing. Will it happen.....yes. When.....? Who the hell knows, but, it will happen.
All JMO of course. GLTA