GREY:CHALF - Post by User
Comment by
PotStockeron Nov 23, 2015 1:35pm
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Post# 24316512
RE:Federal Reserve Banking concerns in US
RE:Federal Reserve Banking concerns in US
MagicBeans wrote: Its keeping larger investors away from this stock and others so this is one of the main concerns in my opinion. It leaves open a large risk to investors including political risk when the next US election is decided. The next congress and President may be Harperesque or it could go the other way too and be POT friendly legislators. It will not stop me from investing but I prefer the Canadian political situation at this time for MJ investments.
https://www.newcannabisventures.com/cannabis-industry-banking-hopes-crushed-by-federal-reserve/
Thanks MagicBean. I was wondering why GLHD was not listed on the mainstream exchange but OTC Pink. This article explained everything. The Federal Bank law is still lagging. So GLH is difficult to find good supply of money so its business is having a hard time to expand. But on the other hand, the sales number is great. The legalization weed in four states is the crack in the iceberg. It tells the spring is not too far away. With such a good revenue, it means it is about the time to get in. Buy on dips. I got 2K shares to test water just now. Once its price action fits into my expectation, I will go in aggressively. (regarding the us exchange name, please refer to https://web.tmxmoney.com/quote.php?locale=en&qm_symbol=GLHD:US). This explains what I am concerned.