Livewire Ergogenics Inc (LVVV)

[RickRat]

Well Said

I think the effect will be a big thinning of the MJ playing field. Banks will not rush to lend money to just any ole MJ company. They will highly scrutinize applications. There is now a graveyard full of MJ company's that did not make it. Banks don't want to loan money to company's that are headed to that graveyard.

The company's that they do choose to loan to if those company's succeed they will put other MJ company's out of business - thereby narrowing the playing field.

Either way it's going to massively heat up the MJ sector again much like 2014.

I also think that after The Banking Hurdle is cleared that legalization in some form nationwide at the Federal Level will not be far behind and will happen before November 2020 at the latest.