Friday, January 12, 2018 12:48:54 PM
The questions are at this point:
Where is bottom? Obviously analyzing the company as well as charts, volume, "other factors" which drive the price.
Also, what is the DOJ (or Congress) going to do related to legalization/non-enforcement (Re: Cole memo)?
Once Congress passes the budget, depending on the amendments in there, we will have our answer.
Obviously, all of our hopes is they declass MJ as a schedule 1 which will change the game. And/or, if they don't fund the DOJ to pursue MJ, then it opens the doors back up.
In the meantime, it is hold on and wait for Washington to move. This has been one hell of a ride with a lot of money made so far, but the fruits are even bigger (and I anticipate exponentially bigger) and will make all MM/MJ players very happy.
D-
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