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Thursday, February 06, 2014 1:07:58 PM
If any product is illegal, how can your business produce income based on something that is illegal and report that income legally? Of course people & drug dealers make millions off of illegal substances, but do they report it? Not likely unless they are stupid. But if the report in that Alpha article is true it shouldn't be that surprising as how can this company report earnings legally when the product they are pushing was illegal?
Once the bill is signed off on, then they can then start to capitalize on the product of HEMP. The more and more bills that are passed, the more states that legalize this. The better the company can produce.
Why people expected this company to have high marks before this becomes legal, I have no idea. The price increase is based on the farm bill passing, but also on future earnings that this company could make, and should not be based on past income reports when hemp/mj was illegal?
IMO
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