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Wednesday, December 03, 2014 12:21:45 PM
What moved the sector last year was the news out on Jan 2, about Colorado.. there was no repeat effect when WA went live in July of this year. Why? Why in Jan and the same event plays out in July and nothing?
Just saying lots of games being played here and the mms know what people think may occur again and they will be the first to show they control the price. To my knowledge there's no state that goes live on Jan 1. Is there?
The MJ stocks had a nice bump in the 2012 Nov elections.. not this year though when 3 more states approved legal MJ... just saying lots of games being played here even though the news just gets better.
http://www.foxbusiness.com/investing/2014/01/02/up-in-smoke-marijuana-stocks-fly-higher-as-colorado-law-takes-effect/
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