Branded Legacy Inc (BLEG)

[sleekscape]

It’s been a very frustrating year for the entire CBD sector so far in 2019

Can’t argue with you there

And it’s been that way because the media scared everybody away with their ridiculous “FDA Crackdown” headlines that began in February when several states instituted their own policies regarding CBD products

Thankfully, those headlines have greatly decreased over time as we’ve moved through the year and the FDA hasn’t interfered with the CBD industry in any meaningful way, besides sending warning letters out to those CBD companies making health claims

Unfortunately, when the vaping crisis happened in September, it reignited that irrational fear of an FDA crackdown again, even though if anything, the net effect of the vaping crisis is to encourage the FDA to regulate the CBD industry even sooner

And it’s those federal regulations, first from the USDA, and then from the FDA, that is going to completely extinguish that investor fear and engender profound excitement about the newly federally legal Hemp-derived CBD economy, one that is projected by many different analysts to reach $20B by 2024

That’s where my head is at right now

I’m looking ahead and I’m excited about what happens next for the Pure CBD product stocks

Everything negative that has happened this year is already priced into these stocks at this point, so the upside is really fantastic from here once the sector warms up


Sleek