The article I read last week, McConnell said about it being right after labor day. They have until the end of September before the 2014 farm bill expires. So tike is of the essence for them and as "Here Today" pointed out, elections are coming up and with more & more states legalizing hemp, medical, or even recreational marijuana, they will be passing it for sure. Over half the country states wise at the very least allows medical and that's not even Hemp! I'm certain that this will pass. Both parties want to see this done for the American farmers.
Like I said now is not a time to be a bear and play with fire, which is why I'm holding through the biggest catalyst our country has seen in this sector. Legalizing hemp on a federal level is absolutely huge! The debt that everyone keeps talking about...well banks can't touch these companies to loan them anything. How do I know this? My mom has been in banking for roughly 20 years. She is in upper management and deals with loan approvals. They are not allowed to touch any company that is even close to the marijuana sector bc of federal regulations. This includes hemp and CBD bc hemp is still classified as a schedule 1 drug. So when it is legal it will open all the doors for legitimate financing in the states and you better believe that institutional money will be buying in HUGE
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