Wednesday, December 12, 2018 1:14:44 PM
Now the Real Big Money Finally Comes In
With this move it opens up the floodgates for big money to finally come into the sector. Until this point aside from Canopy (CGC) and Cronos (CRON) the true wealth (in the billions range) has been left out of the sector mainly due to risk around the legality of the commodity.
With the passing of this bill it’s safe to say that some of the older generation’s wealth will be unlocked, creating an environment where say, a 5 billion dollar investment into Canopy is commonplace.
The passing of this bill could also open up the major U.S. markets like the Nasdaq and NYSE to hemp corporations.
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