Branded Legacy Inc (BLEG)

[sleekscape]

Well said

The sector has been trading weakly all year for a variety of reasons — fear of a federal crackdown (unfounded), difficulty accessing banking for CBD companies (real), and the erroneous 3-5 year timeline before CBD gets cleared for national sales (laughable)

More recently we’ve had the black market THC vaping crisis, which has nothing to do with CBD

The great thing is, everything is about to change within the next few weeks and months

The fear of a federal crackdown will disappear with the new upcoming FDA policy of formal enforcement discretion, which Mitch has mandated with legislation

FDA Regs are coming

A new CBD-friendly FDA Commissioner is about to be nominated before November 1st — Dr. Stephen Hahn — this may be the single biggest catalyst of them all and nobody is reporting on it — the media coverage of the CBD sector thus far in 2019 has been a joke, but prepare to hear lots more about Dr. Hahn as a result of the upcoming publicly televised Senate confirmation process

So the erroneous fear of a federal crackdown that the media has been peddling is about to end

And instead of 3-5 years before CBD products will be permitted to sell nationally, we are actually looking at 1-3 months instead — that’s what Enforcement Discretion and/or FDA Regs will bring — immediate national sales — literally overnight

The SAFE Banking Act passed in an absolute landslide in the House and Mitch has already signaled he will move it through the Senate in January — the banking issues that have dogged the CBD sector are about to be over

We are in the homestretch, folks

The entire Pure CBD sector, and VATE in particular, is poised to explode this fall

Good luck to all


Sleek