Just when will RMHB move up off its backside? I do not know! I can tell you the slump is not just RMHB but the entire industry is being held down. It could be for a lot of reasons and maybe a combination of reasons. Some of which may have to do with the U.S. Feds approving marijuana making it legal. This will allow interstate product movement. Canadian approval of casual use was slated for July 1st and I am hearing a rumor that it has been put off till the end of summer. Mexico has an election and should be wrapped up in July. All in all nobody know the answer or I should say nobody on this board knows. The big pharmas will have a huge impact on their earnings when this is approved so they will use their influence to at least slow down the Feseral approval till they reposition themselves in the pot industry. Cannabis, hemp and CBDs are going to impact big pharmas earnings and so I suspect they will enter that market by either making their own products or buying up companies that are doing well. Its all a big guessing game at this stage and all I can tell you that makes any sense is to be patient because there are billions if not trillions of dollars at steak here.
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Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
Category: MarketsTotal Views: 105 By : EditorUpdated: 05-10-2024
Introduction
As a seasoned Wall Street analyst with over two decades of experience, I have had a front-row seat to the rollercoaster dynamics of the investment world. I've navigated through the dizzying heights of the dot-com bubble, where fortunes were made overnight, only to witness the devastating plunge of the housing market crash, erasing years of gains in mere days. And now, I find myself amidst the mesmerizing allure of the cryptocurrency craze, a phenomenon that has captivated inv... Continue Reading
Category: EconomyTotal Views: 72 By : EditorUpdated: 05-09-2024
Introduction
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Category: InvestingTotal Views: 104 By : EditorUpdated: 05-09-2024
Introduction
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Category: MarketsTotal Views: 87 By : EditorUpdated: 05-09-2024
Introduction
As we draw closer to the trading session on May 10, 2024, investors find themselves traversing a multifaceted landscape, heavily influenced by a range of economic indicators, significant geopolitical events, and the prevailing sentiment within the market. This intricate environment demands a keen eye for detail and a strategic approach to investing. To better navigate these waters, here's an expanded breakdown of the key factors to monitor in the stock market:
Economic Ind... Continue Reading
Category: StocksTotal Views: 135 By : EditorUpdated: 05-10-2024
Introduction
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Company Profile
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Introduction
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Category: MarketsTotal Views: 94 By : EditorUpdated: 05-09-2024
Introduction
As we close the books on another trading day, let's dissect the market's performance on May 9, 2024. The day brought a mix of trends, with the Dow Jones Industrial Average (DJIA) continuing its winning streak, while the S&P 500 and Nasdaq Composite showed more subdued movements.
Market Indices Performance
The Dow Jones Industrial Average (DJIA)
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Category: InvestingTotal Views: 235 By : EditorUpdated: 05-09-2024
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Category: StocksTotal Views: 232 By : EditorUpdated: 05-09-2024
Introduction
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Company Overview
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Category: EconomyTotal Views: 220 By : EditorUpdated: 05-09-2024
Introduction
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Here's what you might expect:
1. Bond Pric... Continue Reading