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Alias Born | 05/10/2019 |
Wednesday, December 09, 2020 11:14:42 AM
Over the past few year Canadian MJ stocks have soared from pennies to dollars. There are 2 scenarios for which I see this happening for DXBRF
1. Dems win the GA Senate seats and the MORE Act is voted into law.
2. Biden decriminalizes via Executive Order
Both scenarios remove cannabis from the absurd Schedule 1 status, thus paving the way for banks to loan money to US MJ companies. THIS WILL OPEN THE FLOOD GATES. These companies will no longer rely on dilution and can have access to traditional loans, payroll write-offs and the other financial instruments available to “legal” entities
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