This is a scam stock. I will explain how and why I know it is. First I am in the tobacco business and whether you wish to believe it or not all three tobacco majors are busy pushing for federal licenses to grow marijuana for research, in fact they already have existing rights and patents to the plant. In addition to them, every foreign global tobacco company has inquired about growing and having an exemption from customs to import cheaper pot. The price of marijuana is estimated to drop by 50% on the announcement of the rescheduling to Schedule II. Within one year it is estimated to drop four-fold to an average price per ounce of $25.00 RETAIL. You can kiss your imaginary profits from regulated and inflated illegal marijuana goodbye. That is a $375.00 per ounce drop in price in one year. Or in other words ZERO profit potential left. I know several owners of collectives and co-op growers even illegal syndicate-members growing pot that all understand rescheduling will make growing pot for a profit an nonviable business, believe it or not some of these people are even contacting tobacco majors about their plans and operations. Retail sales will also be going away. Once marijuana is schedule II and the FDA sets regulations it will be sold only be licensed pharmacists. Let me repeat, it will only be sold at pharmacies and through federal channels. All of this is already well underway, four major drug companies are presently competing for the rights to grow pot. The DEA will be tasked with shutting down co-ops and clinics that do not comply with the federal rules. Say goodbye to the dream of recreational and legal pot smoking it is already over. Many States have existing felony possession charges w=for carrying a schedule II class drug without a prescription so simple pot possession will be a felony soon. Do not trust me, PLEASE contact anyone in the drug manufacturing business, FDA or tobacco business.
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