All these marijuana based plays will take losses. As the laws SLOWLY work toward more acceptance and possible federal legalization, more and more companies jump on the Route 420 BUS. Just a couple days ago ANOTHER company "diversified" and entered into the sector. MANY MORE COMING, bet on it. I wouldn't marry this one.
YES! Billions to be made in the sector, BUT, does anybody think the big boys are going to be left out? BEFORE legalization, on a federal scale happens, ALL the blue chip pharmas, tobacco, food, growers, fertilizer, etc ... companies will have a firm grasp and most of these fly by night shells will be flushed.
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