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Re: Microlytics post# 10551

Thursday, 12/24/2015 12:19:58 PM

Thursday, December 24, 2015 12:19:58 PM

Post# of 32393
Need to be careful with hemp. There is a LOT of hype created by experienced stockbrokers and traders, who are also running the conventions. Look at MJMJ and MDBX fall from grace. The problem is money. Venture obey runs out, and no bank lends to them. Why, because it still violates federal law. Banks aren;t allowed to lend to those businesses. So its solely up to the speculators. Almost every hemp company is down, whether its growers, harvesters, dispensaries, resorts, etc...... The hemp foods are just starting to be banned by certain states that approved medical MJ use.

Thats a tough industry, highly speculative, and has a huge enemy right now. Uncle Sam.

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