Epidiolex is more of an indirect catalyst that will grow stronger over time as it leads to discussion of Rescheduling MJ to Schedule 2 so it can be more readily researched to explore its potential therapeutic effects, now that the FDA has declared that one of the two most commonly researched cannabinoids in MJ (CBD) has medical value
It has direct effects as well and should spark a warmup in the overall cannabis sector
Hemp Legalization passing the Senate is an enormous direct catalyst for Hemp & CBD stocks and we should see an instant reaction that grows stronger over the next few months
It has indirect effects as well in terms of furthering the discussion of Congress downscheduling MJ, now that the Senate has taken the other form of cannabis — Hemp — which is also a Schedule I Drug, and completely descheduled it — that should be official on Wed/Thurs when Mitch comes through for all of us
VATE & SIPC
Sleek