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Re: weedisgreen post# 69861

Monday, 02/13/2023 2:11:18 AM

Monday, February 13, 2023 2:11:18 AM

Post# of 70338
What matters is what the market thinks and the market thinks all these companies are nothing but targets for shorting. The market also does not share your optimism for the future of cannabis companies or they would not be down 90 percent with nothing but pipe dreams in sight. There will not be legalization in the US anytime soon (this year), I would be willing to bet on it. If they do legalize it will be medical, which isn't going to be a big enough catalyst to turn things around since medical pot is already legal in 37 states. The lobbyist for Big Pharma and Alcohol have really done a fantastic job of buying politicians to keep Cannabis as a schedule 1 drug, under the auspices of social justice/equity.
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