I think we need to look at our history as a nation
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(Total Views: 390)
Posted On: 08/05/2017 2:57:09 PM
I think we need to look at our history as a nation particularly with how we handled alcohol. During the prohibition era, probably the most money being made was made by Politician's who were involved in the illegal distribution and sales of alcohol.
I would suspect that much the same thing is happening today as Politician's are determining ways to personally profit as cannabis is legalized virtually everywhere.
The industry as it exists today lacks the giants who can make huge campaign contributions, but a number of tiny companies like 0WCP could make politicians wealthy if they get involved as stockholders before legalizing the industry.
If big Pharma starts buying up tiny cannabis based companies, I believe the message is clear that it will be legal very soon. While personally I'd rather see OWCP remain independent for long term growth, I would be hard pressed not to feel great about a buyout somewhere in double digit dollar prices. I don't believe this possible from where we are today, but get the cream or other product into the market and a share price in the dollar's and anything becomes possible.
Gary
I would suspect that much the same thing is happening today as Politician's are determining ways to personally profit as cannabis is legalized virtually everywhere.
The industry as it exists today lacks the giants who can make huge campaign contributions, but a number of tiny companies like 0WCP could make politicians wealthy if they get involved as stockholders before legalizing the industry.
If big Pharma starts buying up tiny cannabis based companies, I believe the message is clear that it will be legal very soon. While personally I'd rather see OWCP remain independent for long term growth, I would be hard pressed not to feel great about a buyout somewhere in double digit dollar prices. I don't believe this possible from where we are today, but get the cream or other product into the market and a share price in the dollar's and anything becomes possible.
Gary
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