I agree, I said that initially they would spike. Hell they could triple or in some cases they might not do anything as they are already overpriced and diluted.
I am saying I would not wait too long to take my profits as the really big money will come in and crush the current companies. The Pfizer’s, Mercks, Phillip Morris, Monsanto, Pioneer and who knows who else that we aren’t even thinking of that have the staff, equipment, land, patents and on and on will come in and dominate.
For all we know it was the large companies lobbyists that encouraged these Congressmen to submit the letter to Obama. To underestimate big money is a mistake. Trust me they don’t like sitting on the sidelines while these OTC companies are making hundreds of millions.
As long as MJ is classified a schedule 1 drug and is federally illegal these companies won’t enter the sector. That allows the penny stocks like PHOT and many others to make millions in this sector. All I am saying is if you remove that hurdle the big money will be in here so fast your head will spin.
Think about it. If the current penny companies can come in and make millions off of nothing what do you think a Phillip Morris or Pfizer will do.
Right now the Schedule 1 and federally illegal is really protecting these companies against the sharks. Once that is lifted the PHOT’s will be small fish in a big pond filled with sharks and whales. JMHO.
I am just saying careful what you wish for.
GLTA
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