Friday, June 22, 2018 10:58:58 PM
Most people thought it would be legal in July/August timeframe and Trudeau announced yesterday that it will be Oct. 17th which is 2 to 3 months later than expected. I think market is selling off based on the later than expected legalization date.
I do think that as we approach the legalization date, MJ stocks especially the Canadian and US based stocks with high exposure to Canada will move higher.
I think we will be trading sideways until September before we start heading north again.
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