InvestorsHub Logo
Followers 10
Posts 2087
Boards Moderated 0
Alias Born 05/08/2008

Re: oakair post# 52986

Friday, 07/08/2011 12:06:22 AM

Friday, July 08, 2011 12:06:22 AM

Post# of 341724
1) The situation is being resolved. There are a number of legislative pieces fighting to set the sector free 2) A number of states and recently Washington DC have opened the door for medical marijuana 2.5) 3 states are moving forward to try for outright legalization in 2012

The fight is being fought and the momentum is shifting to the legalization side. The Fed isn't even fighting back that hard other than some pretty shitty raids and arrests. Otherwise the new Cole Memo didn't have much for teeth and there is a good chance Obama will need our vote in 2012.

I would not say the sector is stagnant. It's actually fairly active.

Just like 10 years ago, there are $10 stocks going to $100.