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hammerod

09/08/14 10:01 AM

#8580 RE: JohnnyShoe #8579

Johnny, I'm sorry I was referring to the US elections. Alaska, Oregon and DC for recreational and
Florida for medicinal. This will get the whole MMJ industry excited both in Canada and the US, IMO.

Dbrown13

09/08/14 10:02 AM

#8581 RE: JohnnyShoe #8579

Nov. 9th

Carpathian

09/08/14 10:08 AM

#8582 RE: JohnnyShoe #8579

Well the U.S. has mid term elections this NOV and a good number of states are voting on legalization of some form. Recreational or medicinal. I understand this is a Canadian company but markets are often influenced by world happenings as these are indicators of sentiment and growth. We are a global economy.
The idea of coarse is if enough issues arrive from state legalization the federal gov must act and create rules and regulations for the sector. In-effect forcing MJ to be reschedule.

The Can gov has export and import rules in place and once the U.S. can do the same you will see a largely positive market reaction. Frankly, of all the MJ plays available, the Canadian market has the safest ones. OTC are inherently dangerous even if you find a good company.