borysek, It's my opinion that The Street is laser focused on the U.S. House Of Representatives vote tomorrow, and that with only a 1 and 3 chance of passage, The Street is betting it won't pass.
The vote is about the U.S. retail sector with its dispensaries ability to expand faster or no faster than it's gone. It's about financing inventories just like any other retailer.
It's about the U.S. producers being able to access loans for growing crops and expanding facilities. Just like any other company.
It's about the U.S. nationwide acceptance of cannabis, or not.
The fight needs to be won now. It's about the excitement the USA can bring to the industry, and international legitimacy.
No market is bigger than the USA and none other can raise all boats at once.
If the vote fails, the sell off will accelerate.
If the vote passes, expect any short positions you might have to hurt you. If you're not short, then you will be lucky.
Tomorrow is a huge day for this sector.
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