I don't know EpikTrades. I am no expert on charting, but to me that chart looks like we are trading in a channel until news. I expect news from the DEA this week because Tuesday is their final day to make a decision on what level of the Controlled Substance Act they will rescheduled marijuana to --- right now, I expect their decision to be that CBD will be rescheduled to level IV. I say this simply because they seem to be having trouble getting to a full removal of CBD from that list, and THC still appears to have problems for them (it can be abused and it can lead to psychological dependence according to their studies).
However, even rescheduling CBD to level IV is a very big deal, and that will open up new opportunities for everyone in the medical marijuana space.
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