Cannabis Sativa Inc (CBDS)

[RationalOptimist]

I'm betting on a serious reversal for CBDS real soon. What's been happening is sector wide. The Motley Fool's Sean Williams nailed it with this one, it's a bump in the road:

"The cannabis industry could very well be this generation's greatest growth story. With virtually every Wall Street projection calling for a double-digit percentage compound annual growth rate over the next decade, lofty pot stock valuations could soon prove inexpensive if legalizations and organic growth continue. But we've also learned that the maturation of the marijuana industry won't be without its bumps in the road."

And, yes, we've hit a number of bumps lately (delays with regulations in Canada, higher than expected taxes on cannabis in California and elsewhere, the persistence of cheap illegal weed, the CannTrust compliance scandal, etc.).

But now, finally, investors are becoming more bullish again, and CBDS, in my opinion, will see a nice, long overdue reversal any time now.