I don't know if anyone else saw this over the weekend, but the House passed a very pro-mmj bill kind of under the radar last week.
Basically, the House voted to end Federal medical marijuana raids, saying that to continue such practices constituted a violation of states' rights. I personally admire how the GOP finessed accepting medical marijuana laws by claiming it as a states' rights issue. Clever and awesome.
What this means for investors: This is VERY good news for companies like TRTC. This ought to make companies like TRTC more attractive to big money and long-term investors because some--not all--of the political uncertainty may be cleared up.
The Senate and the President still have to pass the legislation in order for it to become law, so keep an eye out for that news as the bill makes its way through the Federal bureaucracy.
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