CBD Denver Inc (CBDD)

[Book-emDano]

There will definitely be another run soon. This company has no intention of being a small Mom and Pop company. They have made it clear that their goal is to be a major player in Europe and they are already grabbing their share of that $5 billion market.

Also, federal legalization will be a big factor because it will provide cannabis companies with easier access to loans which will help them grow faster. It will also enable federally backed institutions to buy cannabis stocks. Despite some Republican push back, the bill will pass because it isn't just about Cannabis, it is actually more about social/racial justice and criminal reform (eliminating long sentences for cannabis related offences). This is a major issue in Washington right now and it was a major campaign promise by Biden.