Tuesday, August 27, 2019 9:48:33 AM
Hanging on patiently. I believe the companies have had a lot of obstacles preventing them from moving more quickly. Such as being a public company in Colorado - there were/are restrictions on outside investors being owners. Such as banking....credit unions are the only source for hemp companies only as of about a week ago. Such as the FDA and CBD debacle, which came down right in December of 2018, killed the farm bill hype, and started the sector-wide down-trend related to the regulation confusion. Hemp farming is brand new under the USDA, starting in 2020. (legal industrial hemp cultivation under federal usda regulation is only beginning next year. Regulations were set for harvesting this fall.) The DEA (and other federal agencies) is still needing to put notices out such as this stating hemp is legal.
https://hempindustrydaily.com/dea-affirms-hemps-new-status-sends-notice-plant-is-legal/
We are still in the beginning stages of the industrial hemp industry. Well worth the risk if you have money you can afford to lose.
RSHN - CBD, MJ
GRPS - Medical CBD, New Earth - Graphene
Go RSHN
All posts are my own opinion.
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