Just add distribution in Texas and California + CBD Beer
That’s what the market is looking for...
Alcohol Regs + Hemp Regs are not so easy for a publicly traded company to navigate — that’s why SIPC is the only Hemp & CBD Beer stock in the U.S.
But Ted has always delivered in the past, so SIPC’s potential is definitely there
The sector needs to warm up a bit from here, just as it needs to do for all of the stocks in the Hemp & CBD Sector
USDA Regs are coming within the next few weeks according to the USDA spokesman who met with the Senate Agriculture Committee last week
The FDA is also due to speak “in the near future” according to Dr. Abernethy and Dr. Sharpless
A little bit of clarity could go a very long way
We also have Mitch’s legislation as a backstop that will provide clarity to the CBD Sector by Jan if we haven't already established it in Nov/Dec
And the SAFE Banking Act could very well pass the Senate in Jan/Feb — Mitch controls when things come up for a vote and has already proven how quickly he can move bills thru the Senate, especially by attaching them to pre-existing legislation, which he did for both The Hemp Farming Act of 2018 and the enforcement discretion legislation he passed last month
It’s been a largely catalyst-free 2019 thus far, but over the next few weeks and months, with USDA Regs, FDA Regs/Enforcement Discretion and The SAFE Banking Act, we have a number of important catalysts to watch unfold
I believe that Mitch will get it done and open the valve on the national CBD economy with political pressure and legislation
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