My case against these small "Pot" stocks, for inv
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(Total Views: 181)
Posted On: 12/11/2018 7:24:12 PM
My case against these small "Pot" stocks, for investing. Trading may be OK for some, but>>>
The coming farm bill is to approve "Industrial" pot. Smoke that and it may kill you. But, the stage is being set for much more in the next couple of years, IMO.. My example to compare what might be going on. Stevia was a promising sweetener in like 2007. It was legal in China, but not Europe or the US. The delayed approving it for some time. But, before it was approved, Cargill got huge Stevia plantains in China so that when it was approved Cargill was ready to control the market, to some degree. I believe that is the hold back main reason in the US market now. Big pharma is getting patents already filed, and one can bet the like of Cargill are growing tons of it in countries where it is legal. Plus government regulation may come in with licensing and other restrictions on growing it.
These penny pot stocks many are playing may be left in the dust after approval. The big boys know how to corner markets. Look at what happend to a major Chinese Stevia stock after some products were approved and GRAS for much of the rest in 2009
https://finance.yahoo.com/quote/suwn/chart?p=...FydCJ9fX19
The coming farm bill is to approve "Industrial" pot. Smoke that and it may kill you. But, the stage is being set for much more in the next couple of years, IMO.. My example to compare what might be going on. Stevia was a promising sweetener in like 2007. It was legal in China, but not Europe or the US. The delayed approving it for some time. But, before it was approved, Cargill got huge Stevia plantains in China so that when it was approved Cargill was ready to control the market, to some degree. I believe that is the hold back main reason in the US market now. Big pharma is getting patents already filed, and one can bet the like of Cargill are growing tons of it in countries where it is legal. Plus government regulation may come in with licensing and other restrictions on growing it.
These penny pot stocks many are playing may be left in the dust after approval. The big boys know how to corner markets. Look at what happend to a major Chinese Stevia stock after some products were approved and GRAS for much of the rest in 2009
https://finance.yahoo.com/quote/suwn/chart?p=...FydCJ9fX19
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