Marijuana - Companies & Stocks

[neophyte184]

Hey guys,

I know this year has been very challenging in the cannabis sector for many given the stagnation and lack of major coordinated bull runs. The SEC intervention last year put the kabosh on that movement, and now we are here in this trading purgatory of sorts wondering what the sector will do, if anything, this trading season.


It is my belief that we still have a strong chance for major bull runs coming with multiple catalysts looming, the most notable being judge Mueller's ruling in California within the next week or so on rescheduling the drug. It is questionable what her ruling will yield, but if it is in favor of rescheduling, I believe we just might have our needed catalyst to reinvigorate the sector.

We are massively oversold across the sector and need only one big driver to get things moving again. Don't lose faith here guys! Good things may be just around the corner....



Happy trading all,

Neo