Replies to post #69135 on Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

How is this article good news? It reads--

Stock investors would like to get in the marijuana industry but there are a lot of risks to take.

The U.S. government still has marijuana as a schedule I substance, meaning that it is viewed as having no benefit in medicine and is illegal. This means that if you invest in the cannabis industry, you won’t be able to get banking services (loans, checking accounts).

This May U.S. Attorney General Jeff Session asked the congress to grant him the right to prosecute the 29 states which legalized marijuana for medical purposes. But the law forbids him to do so. We might hear more from him after he’s done his peace with the medical uses and then he might turn his attention to the recreational cannabis use...

...The amendment introduced by Senator Patrick Leahy (Rohrabacher-Blumenauer amendment) cannot prevent U.S. Attorney General Jeff Session or even the president to have their war against the recreational use of marijuana.

Stock investors might encounter a disaster since marijuana stocks are not safe from the U.S. government’s attention. Those who have already invested in the cannabis stock might lose a lot of money. https://www.healththoroughfare.com/news/cannabis-stock-investors-rejoice-the-rohrabacher-blumenauer-amendment-has-been-approved/1314