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StockItOut

09/23/23 2:31 AM

#81791 RE: GE_Jim #81781

You're right, I stand corrected. Mixed-up banking bill with the rescheduling as affect upon taxes per 280e, thanks.
And right, cbd under the 2018 Farm Bill is legal.
Though it seems with banking bill and rescheduling, if these occur, the entire mj/cbd sector will move higher. CBD sales will increase too with the mj 'illegal' stigma removed or significantly reduced.
The other thing is CV Sciences has already released and is selling THC products. Is the THC they use derived strictly from Hemp, legal under the Farm Bill, or derived from marijuana? And how about future CV Sciences THC products?
I expect the entire sector to move higher upon passage of the banking bill, and certainly upon mj rescheduling. I therefore expect CVSI to likewise move higher and for its product sales to grow.
Expect CV Sciences to acquire and/or merge too as the industry consolidates. CV Sciences mngt keeps saying so too. Merge or acquisition will likely be accretive to the company and share price, though there is risk there.