Mikeyt, this is my takeaway from your post. Loo
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The biggest thing on the horizon for marijuana is federal legalization of marijuana in the United States. It was said on Tilray’s conference call that federal legalization is a lot closer than most people think.
Investors, this is not my opinion, but coming straight from the company that should have close tabs on this matter. Imagine no legal restrictions in the United States on cannabis. Imagine people freely drinking marijuana drinks instead of beer. Imagine Americans enjoying marijuana-infused chocolate. Imagine people not running to pharmaceuticals but instead relying on marijuana for some common medical needs such as pain management and anxiety. Folks, this will be big when it comes. Today the states regulate marijuana. Some have approved retail sales, and others allow medical-marijuana sales. But there is no federal-level law.
According to the algorithms at The Arora Report, a big part of the rise in marijuana stocks has been short squeezes. In a short squeeze, short-sellers cover their positions, driving up the stock. Such moves are not sustainable in the long term. Less-informed investors who do not recognize short squeezes often end up with losses.
Jeff Sessions from Alabama will soon be removed from office in my opinon. I see this happening after the mid-term elections. Jeff Sessions has failed to do his job, and refuses to believe the Department of Justice and the FBI could be as corrupt as numerous reports indicate they actually are. Sessions removal will likely bring on a more accommodating view of marijuana, and that bodes well for all invested in UNVC/AGRiMED/SATIVEO.
Kgem