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Tuesday, 11/02/2010 1:02:02 PM

Tuesday, November 02, 2010 1:02:02 PM

Post# of 129051
Greetings all,

So we've had a little shake this morning, and I think that was probably to be expected. In fact, I recall hearing predictions for that today as far as a couple weeks back. I'm still holding and I wish you all luck with your positions as well whatever you decide to do.

That said, I think it's important to remember that the focus of this company is the potential medical applications of marijuana. Prop 19 has brought a lot of focus to this sector and would surely do a lot for it short term if passed, but it isn't the only measure at play on this election day. I just wanted to encourage you to also keep an eye on these measures as well:

Proposition 203 in AZ:
http://www.ballotpedia.org/wiki/index.php/Arizona_Medical_Marijuana_Question,_Proposition_203,_2010

Measure 74 in OR:
http://ballotpedia.org/wiki/index.php/Oregon_Regulated_Medical_Marijuana_Supply_System_Act,_Measure_74_(2010)

Measure 13 in SD:
http://www.ballotpedia.org/wiki/index.php/South_Dakota_Medical_Marijuana_Act,_Initiated_Measure_13_(2010)

And a handful of local initiatives summarized here:
http://www.ballotpedia.org/wiki/index.php/Marijuana_on_the_ballot

I do think that prop 19 has a better shot at passing than the polls indicate and than the mainstream media is predicting for a number of reasons, but time will tell what really happens as Californians go to vote. Let's hope!

While California has the reigns in acting as a catalyst further legitimizing the subject in all of this today, don't forget that it's not the only force at work in what will ultimately allow CBIS to grow into a strong and successful company.

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