RE:RE:RE:US Legalization -> Progress on MORE ActThe Fortune 200 Company may be a US Corporation that is not eager to have it's name disclosed until the US Progresses Legalization. Passing of the SAFE Act may be all that the F-200 is waiting for prior to allowing it's involvment with Cannabis being revealed to the Market.
quinlash wrote: HEXO has a foothold in the US so legalization matters to the SP of HEXO. Everyone trading the stock should be aware of that, if not, they're just gamblers and not investors.
quinlash wrote: The last time all the Canadian Cannabis Stocks rallied is when the Dems won the election and speculation on earlier than expected legalization came in. The Dems didn't push legalization through as fast as the market had expected and all the Cannabis Stocks sold off as a result.... news moved the market, not overnight but it certainly moved the shareprice of all Cannabis Stocks.
Here again we have legalization becoming a possibility and frankly it's worth waiting for to see once again we start seeing a trend in the value of Cannabis Stocks.
It's a WHEN, not an IF IMHO and I have the patience to wait
Q
quinlash wrote: If you are tracking opportunities in the Cannabis Sector be sure to monitor the US House of Representatives progress on the MORE Act as well as the SAFE Act.
The MORE Act is currently scheduled to be voted on in the House today.
https://www.marijuanamoment.net/watch-live-federal-marijuana-legalization-vote-in-congress-days-after-banking-reform-advances/
The SAFE Backing Act is currently bundled with the large Defence Bill being voted on in the Senate
HEXO has no say in this nor does anyone on this stock forum however it will be news related to the Cannabis Sector and ... News Moves the Market.
Q