THE SECTOR IS OVERDUE FOR SOME GOOD NEWS
I think many of us would agree with that sentiment
So the real question is — what would it be about?
Here are a few very positive things I am looking to see happen anytime during the next 1-2 months in the Hemp-CBD Sector
The first big retail chain signs up to sell CBD Oil products
Which CBD company is most likely to make the first announcement?
I think Charlotte’s Web is most likely
And which retail chain is going to be the first to break ground in the CBD space?
Man is that a tough one
Trader Joe’s or something in that genre is a possibility
Some national chain whose sales have fallen dramatically over the past 5 years and thinks a move like this could help to change their image, bring in lots of new customers
Will it be a grocer or a pharmacy?
I think a grocer is more likely, but a pharmacy would make sense, too
Could it be a curveball like a clothing or shoe store?
Possibly
A hair salon?
I don’t think so
Here are some other positive events I am anticipating —
The FDA announces a date for their public meeting to discuss CBD with the citizens of America
I think the meeting will take place sometime between the 3rd week in March and the 2nd week in April
If so, the announcement would likely occur between late February and mid-March
The WHO meets in March and they may vote on the recommendation to remove CBD completely from the Schedule — that’s big because it sets the table for the DEA/FDA or Congress to remove CBD from the Schedule — currently only Hemp-derived CBD is descheduled, while MJ-derived CBD remains on Schedule I
There are other positive events on the horizon, this is just a sampling
Sleek
AI
