Replies to post #44401 on Branded Legacy Inc (BLEG)

[sleekscape]

I don’t have any doubts about Medico or VATE

For me, it’s all about the CBD sector itself

That’s what will have the most influence, by a country mile, on VATE’s share price over the next few months

The sector needs USDA & FDA Regs to start warming up and they are coming in October

I strongly believe, like we’ve seen 4 times in the past 6 years in the cannabis sector, that the 5th mania will erupt from there, as an outgrowth of national sales and banking opening up to Pure CBD companies

That’s what all the sidelined investors are waiting for before they jump into the water

Look at the progress the the SAFE Banking Act has made in the past few weeks

It went from being very unlikely to pass the Senate to becoming pretty likely that it will, solely due to Mitch’s backing

That’s a sign of the tremendous political pressure the Republican party is feeling ahead of the 2020 elections and the power of Mitch

So for those who think the FDA is going to be able to stonewall moving forward, we have 2 separate reasons why they won’t be able to:

1) Mitch has already passed legislation mandating them to announce a formal policy of enforcement discretion within 90-120 days, which will simultaneously require them to publish a regulatory framework for Pure CBD products

2) The political pressure of the 2020 elections

The Republicans will need a huge turnout from rural voters and farmers, and opening up the hemp-derived CBD industry ahead of the 2020 planting season is the best thing they could do politically in order to most directly impact the farming industry and give hope for a brighter future, thereby optimizing rural voter turnout at the polls

Due to the hotness of the CBD industry right now, hemp has become the most hyped crop since... probably ever

So the conditions are very favorable here


Sleek