Tuesday, February 21, 2017 4:25:24 PM
Bipartisan Support in Congress to allow Banking in MMJ and remove cannabis from DEA Schedule 1: https://blumenauer.house.gov/cannabis-caucus
MMJ ETF likely by April: http://nypost.com/2017/02/17/medical-marijuana-has-gone-corporate/
The writing on the wall is as clear as day to me. MMJ is the next big thing. Throw your regular trading strategy out the window and instead look for MMJ's that have patent-protected IP and/or an MMJ Pipeline, ideally in cancers. These things will be worth Billions to Big Pharma.
The game from today until Q2 will be identifying the MMJ stocks that will be gobbled up by Big Pharma. Cast a wide net. Invest in multiple MMJ companies and wait for cannabis to be moved from schedule 1. IF just one of your MMJ companies is bought out, it will pay for your investment in all the other MMJ stocks you bought multiple times over.
Articles and analysis today about MJ Cos. acreage and price per gram will be replaced tomorrow with articles about MMJ Cos. and their buyout prices.
Know What You Own. My posts should not be construed as investment advice.
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