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Sunday, November 27, 2016 6:23:44 PM
Longer term, ironically, a positive outcome of the upcoming vote that has been driving the Cannabis Sativa share price higher these last few weeks, is a very clear negative catalyst. A nationwide legal marijuana industry could, according to recent analyst estimates, be worth 50 billion dollars by 2026. As especially CBD-based products might well become a household product over the coming years, companies with serious plans and serious money will enter the market and hype will be replaced by fundamentals. By that time, Cannabis Sativa will no doubt have long been wiped out.
Disclosure: I am/we are short CBDS, GRWC.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: I am long DEQI. This article should not be construed as an advice to either buy or sell;
http://seekingalpha.com/article/4020455-cannabis-sativa-hype?source=marketwatch
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