Thursday, March 14, 2019 1:04:42 PM
Yes, it is. At least with Wells Fargo.
On February 20, 2019, a buddy of mine tried to buy through his bank. He posted his frustrations on SkunK's blog.
https://www.blogger.com/comment.g?blogID=5693231676491808791&postID=4900690990416621256&isPopup=true&bpli=1
Wells Fargo told him they wouldn't allow him to buy GERS since they're in the marijuana sector because of what they're doing with hemp.
To me, this proves how misunderstood the topic is. Yes, GERS has hemp patents. Yes, they're doing something with CBD oil extraction. Yes, they're increasing cannabis yields. But that doesn't necessarily mean they have anything to do with marijuana.
When most people hear the words cannabis, hemp, or CBD they instantly and incorrectly assume it's marijuana.
Dutch had a great analogy; birds, animals, elephants...
Another example: CBD is legal in all 50 states. In Nebraska, a county prosecutor gave notice to a local CBD store that the products they're selling violate marijuana laws. They gave them 2 weeks to close the store under the threat of police action and jail time.
The store responded defiantly: "CBD is legal, there's no marijuana in our products." Dumbfounded, the prosecutor sent police into the store to buy CBD so they could test it for THC/marijuana. It's been several months and the store remains open.
Hemp is not marijuana. CBD is not marijuana. Cannabis can be marijuana, BUT, it can also not be marijuana. Cannabis can be either marijuana or hemp.
GERS is definitely doing something with CBD oil extraction.
They're also doing something with enhancing cannabis yields.
What's not clear is if the "enhancing cannabis yields" involves marijuana cannabis or hemp cannabis (non-marijuana).
Kevin's working on the filings and we'll soon have the answer. Maybe CBD sales have something to do with why he said we'll think the delay was worth it?
Good Luck To All!$!$
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