i concur > sell off is a comin > what do you think this will bottom at near term? i am thinking .07 ish or lower for a brief period leveling off near that mark as well > if positive news in sector comes or news from bruce al-mighty the pps could rocket to a buck and beyond as long as company is not dilluting out of control > for now i do not think company is dumping many shares but this is anybody's guess ..... these mmj companies do need to generate cash flow somehow, as legalization is a slow process as our government pretends to be allowing test runs in certain states while others lag behind .... prohibition and the challenges of the tug of war over how the government of the united states of america will concede that banning marijuana / hemp back in the 1930's was done with little opposition and no thought to same ..
a study 10 years ago in the united states alone estimated that marijuana production, at a value of $35.8 billion, exceeded the combined value of corn ($23.3 billion) and wheat ($7.5 billion) THESE NUMBERS CONTINUE TO UPHOLD THESE RATIOS EVEN TODAY !!!!!!!!
Well then if marijuana values are this high and these numbers are pretty accurate > There is a very high chance that a very large percentage of all walks of life consume marijuana > (follow the money trail)
WE MUST ALL CONVINCE THOSE WHO CONTINUE TO TURN A BLIND EYE TO REALITIES OF WHO CONSUMES THIS PLANT AND THE FACTS ABOUT THE PROS AND CONS OF SAME
OUR SONS,DAUGHTERS, OUR MOMS $ DADS, OUR GRANDPARENTS, ETC CONSUME MARIJAUNA ) They may be poor or middle class or rich > BUT dammit this kind of money is huge and each year these numbers replicate to sustain and flourish to support the idea that the prohibition of marijuana should be set aside and our government should re-schedule this weed nationwide
my thoughts have always been > as these numbers are correct > THEN WHO AND THE HELL IS SPENDING THIS KIND OF DOUGH ON BUYING THIS DEVIL WEED > LET ME TAKE A GUESS ????? the poor folks ? answer yes they buy it > the middle class? yes they buy a large majority of it ... the rich? yes they too buy marijuana 1 + 1 + 1 = 35 billion dollars a year > NOW WHERE DO YOU THINK THESE BILLIONS OF DOLLARS ARE COMING FROM ??????
I hope this post does not offend those with different views > I am only trying to express my thoughts based on facts and probabilities from those facts > We all know not everyone consumes marijuana > But not everyone likes peas and/or carrots either .........
