Good Morning All. In case people forgot, this is
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Posted On: 12/20/2020 7:06:59 AM
Good Morning All. In case people forgot, this is the week of Christmas and that is followed by the week of New Year. I know right, with so many people locked in their homes, nearly all shopping done on line, families discouraged from coming home for the holidays, and mask wearing even while eating is preached as the preferred way --- it is understandable that many simply forgot the holidays.
So what can we expect at this time? Well, typically not a whole lot. Volume drifts lower and volatility tends to increase. In fact, even a small amount of shares bought or sold can dramatically shift share prices. So I recommend one look beyond this time and embrace the new year. While Toodles may get his shipment of product from BioRemedies MD this week (product that may be the first solid information received after months of waiting), all else is likely to come after the new year. I don't really even expect Dalton will wish his family of shareholders a Merry Christmas or Happy New Year, but I will take it if he does.
So when it comes to all things cannabis, will it be a good or a bad year? I suggest 2021 just might be a stellar year regardless of one's political leanings. The legalization movement is continuing its forward movement, and the medical establishment may finally be forced kicking and screaming to accept the medical efficacy of cannabis. Think about that for a moment, what might that do for cannabis stocks.
Will the corona virus finally go away? I suggest our media may start to downplay the danger. Not because COVID disappeared, but because they will not want to embarrass the presumptive president elect. So one might ask if the hope of using cannabis as a treatment for COVID has lost its glow and glory? I say not likely. The fact is, a more infectious mutation just emerged in England --- more difficult to treat, and more deadly. So while I would have loved something solid many months ago, our time still might come. And, I see many new developments on the horizon. The future looks bright, and I suggest we had better wear shades.
Kgem
So what can we expect at this time? Well, typically not a whole lot. Volume drifts lower and volatility tends to increase. In fact, even a small amount of shares bought or sold can dramatically shift share prices. So I recommend one look beyond this time and embrace the new year. While Toodles may get his shipment of product from BioRemedies MD this week (product that may be the first solid information received after months of waiting), all else is likely to come after the new year. I don't really even expect Dalton will wish his family of shareholders a Merry Christmas or Happy New Year, but I will take it if he does.
So when it comes to all things cannabis, will it be a good or a bad year? I suggest 2021 just might be a stellar year regardless of one's political leanings. The legalization movement is continuing its forward movement, and the medical establishment may finally be forced kicking and screaming to accept the medical efficacy of cannabis. Think about that for a moment, what might that do for cannabis stocks.
Will the corona virus finally go away? I suggest our media may start to downplay the danger. Not because COVID disappeared, but because they will not want to embarrass the presumptive president elect. So one might ask if the hope of using cannabis as a treatment for COVID has lost its glow and glory? I say not likely. The fact is, a more infectious mutation just emerged in England --- more difficult to treat, and more deadly. So while I would have loved something solid many months ago, our time still might come. And, I see many new developments on the horizon. The future looks bright, and I suggest we had better wear shades.
Kgem
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