The Prop 19 is just an extra benefit for CBIS. The stock won't be or shouldn't be affected if their are bad results. CBIS is involved in the Medical Marijuana sector, so if citizens start smoking marijuana legally I am sure CBIS could care less. The main focus for CBIS is to develop FDA approved drugs to use to fight PTSD and Chronic Pain.
I know but lots of $$ can do lots of things. Buy votes? Put out misinformation and hype? Im reading a report right now that states a commercial vending license in Oakland just jumped from $30k to $60k. And a commercial grow license is now $212k. Supposedly the four legally licensed operations in Oakland pull in like 28mill a yr. And there is a cap on how many licenses they allow. alot of people who are pro legalization are anti prop19 cause they see the big business writing on the wall. Some of the wording of Prop19 is causing alot of problems. I dont know I dont live there but this thing can really go both ways for lots of different reasons,more reasons than most would think. Dont know ,should be exciting tho.
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