Sugarmade Inc (SGMD)

[josbor8]

Figured it was a stretch for it to get included in the spending bill once it was pulled from consideration in the meantime. I think the legislation that’s being pushed forward that’s retroactively trying to make amends in communities mostly affected by marijuana laws is way too much and won’t see the light of day.

In the end, somethings bound to happen, you don’t get the majority of voters for something and the representatives shying away for so long. Plus, what other market is in it’s infancy and capable of such huge tax and revenue implications.

Long term it’s a big plus as it gives more time for a more realistic piece of legislation as opposed to the same boat the sector was kind of in before, short term it sucks since that was going to be a spring board to relaunch investor confidence.