If Prop 19 is passed, I think all the MMJ stocks will flourish for a period...until the dust settles and then the real companies are separated from the scams.
The passage of that bill will bring so many more eyes onto the public trading forum for marijuana and there are only a handful of companies trading publically at this point who deal in weed....which is why I have a position in every one of them (never know which one will be the real deal ultimately).
I can't imagine a scenario that would not cause an increase in the sp of the existing MMJ companies out there, unless perhaps a slew of additional companies come out of the wood work shortly before Prop 19 is set for a vote.....I would expect that we may see some others emerge though between now and 11-11 ("opportunists").
But I believe that the rising tide will indeed raise all crafts...IMHO!
GL,
Neo
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