CNBX Pharmaceuticals Inc (CNBX)

[jim992]

Good News About This Being An Election Year:

The last time this stock went through a full-scale election year was 2016.

In June of 2016, CNBX was sitting at 5 cents a share.

A small number of states started talking legalization, and by November 2016, CNBX was at 81 cents a share. By February it was over $ 7.

(CNBX burst its own bubble when it went above $ 7 to avoid having to grow too quickly at a time when lack of legalization was a hindrance, and the stock, of course, came way back down over the last 4 years, but we have an election year once again, so please read on).

From the 2016 stats above, jump 4 years ahead to 2020. Per the article below, not a small number, but instead 40 states are considering some form of legalization by the end of 2020 and that is pressuring Congress for federal legalization.

Legalization turned 5 cents into seven dollars by the beginning of 2017. It is poised to do it again. The more it is in the news, the more people are going to consider voting for it and investing in it, and the push for federal legalization moves forward.

As I like to call it, we are riding the "Calendar Coaster". It happens every year, and with legalization and elections, we are poised to recreate 2016 in a big way.

What was 5 cents in June 2016 will probably be closer to 50 cents this June. If the math of it having grown tenfold in four years holds, what was 81 cents a share in 2016 is going to be $ 8.10 a share in November 2020.

If the math truly replicates 2016, come February 2021, what was 50 cents a share in June 2020 will be $ 70 a share in February 2021 (.05 x 140 = $ 7 so .50 x 140 = $ 70).

Now, will the math work out exactly? What ever does? But even if 50 cents goes to just $ 4, it is an amazing return. If CNBX gets anywhere near $ 40, it will be life-changing for many of us. The election calendar is in our favor and the math is almost exactly 10 times what it was 4 years ago. A fraction of this is a huge success.

We are only going to have so many election years where legalization is on the table. At some point what is unfathomable now will be the norm, much like being able to buy alcohol in 2020 is a bit easier than in 1920. Who would have thought during prohibition that we would have state liquor stores and groceries selling alcohol? That day will come, and we are at the forefront of it right now, both medicinally and recreationally, and medicinal will lead the way.

To many of you, it probably sounds like I am preaching to the choir, but for anybody who was not in CNBX in 2016, I want to share the importance of what is happening in 2020. It is another and even bigger chance to do the same thing as 4 years ago. This election year can turn pennies to dollars quickly.

I am in no way an advisor, but at this point, I am a bit of a CNBX historian.

I wish you all the best. Just one of many articles regarding 2020 is below.

Take care, Jim

https://www.politico.com/news/2020/01/20/marijuana-legalization-federal-laws-100688