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Re: BGSoar post# 202369

Wednesday, 12/14/2016 5:23:49 PM

Wednesday, December 14, 2016 5:23:49 PM

Post# of 238127
Also, to make a long story short: Almost all MJ stocks saw a peak in Jan-Feb 2013 (MJNA, AGTK) or Jan 2014 (pretty much most of the rest). Not sure what caused the 2013 spikes, but the 2014 spikes were due to Colorado's MJ laws taking effect. Stores opened up and started selling and the hype drove up the entire MJ Sector. On Jan 1st 2018 MA, NV, and CA laws go into effect as far as being able to purchase from a store and what not. So if the stocks follow a similar path, which they have to this point, I expect the beginning of 2018 to be huge. Unlike 2012-2014 I expect less of a dip this time around if a spike occurs in 2017 or again in 2018. There wasn't enough meat on the bone to keep the stocks from falling back down after 2014, but this time around should be different.