Health Sciences Group Inc (HESG)

[NickWilson23]

To be honest - I'm not even worried about it passing or not. The fact remains that the last we heard HESG was involved in the medical marijuana business (which has nothing to do with Prop 19).

Prop 19 seeks to legalize marijuana use for certain people up to an ounce for recreational use - HESG was PR'ing about getting into medical marijuana. Now, of course, that doesn't mean HESG can't or won't come out with a PR stating to the effect that they've "entered the recreational industry" - and the pps rockets up.

My point is that, as far as we all know, HESG is a medical marijuana stock that could, COULD turn into a recreational provider - but we just don't know yet. I think its important to remember the distinction. Prop 19 could effectively kill the medical marijuana business since people won't need a doctor's prescription and find an approved dispensary etc. The real test if Prop 19 passes is if these medical marijuana dispensaries can transition into "recreational use" companies and do so profitably.

But the momo action which increases investors' focus on "pot stocks" in general may help HESG regardless.

All jmo, trade smart.