Many companies, especially in the beverage space with soda, wine and beer are getting into the CBD arena. If the CEO downplayed that move by SOL on the conference call, it could be that she just didn’t want to discuss it until CBD becomes more legally universal in the US or it’s an open market purchase that they are uncomfortable with or don’t like. The Safe Banking Act is going to be voted on later this month which if it passes, will open up many doors for Banking and Financing for Cannabis companies. Also the FDA is going to make a ruling on CBD for food products this month, so maybe it all ties in together somehow. The stock is strong and under accumulation as far as I can see, so there could be something brewing.
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