the FDA Ie feds will not fast track this. And im still unclear if they will even entertain it as it is currently illegal. And yah those mysterious OTC products they were gonna sell in EU. Im sure thats going great with the CDS and delevering that is occuring before our eyes. Who is gonna spend top dollar on hemp soap when people cant afford gas over there. In france its over 8$ a gallon. Fundementals, the company hasnt made money period. For the technicals The news came out and is priced in people have been hyping all week this documentary that isnt even really about our company.There hasnt been a breakout which tbh is a good thing if this is a legit operation, but from the charts we have seen several attempts and people arent buying it and sell on any pop. Not to mention the dismal chart we saw today, it was classic play head and shoulders, as I stated early in the trading day.
Ive seen tons of documentaries on tv about the MMJ and the wonders it does for cancer patients etc. Thats been going on for years Im from Norcal. Green asset hasnt given a dime to CBIS ro invested a dime publically as far as I know of. There is a ton of VC going into MMJ but nothing of note towards cbis. You dont think if they cured cancer Shumer would drop 50mil of the 100 mil and just buy the entire company. Its market cap is like 30 mil. Thats just comedy. A cure for cancer is worth billions upon billions even if you couldnt use it in america it would be worth billions globally.
With all that said I hope that im wrong and I clear more than the 30% I took today at .175 with the 20k shares left. Money aside it would be great if we could help the millions who face cancer for cheap as was stated by the filmakers in the trailer and on the news from the doc coming out tonight.
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