GREY:SNNVF - Post by User
Comment by
Benedictuson Jul 21, 2018 8:14pm
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Post# 28349386
RE:RE:RE:RE:Nobody will touch US MJ stocks now..or risk banned for life
RE:RE:RE:RE:Nobody will touch US MJ stocks now..or risk banned for lifeand then there is this article which points to the growing perception change of MJ amongst the average person in the U.S. The stigma of this drug has changed tremendously...
https://www.fool.com/investing/2018/07/21/these-20-states-havent-legalized-medical-marijuana.aspx
There is definitely a lot of confusion and uncertainty around the MJ sector right now (Trump tweets something positive and then Sessions says the opposite. More states are legalizing and considering it and now the lunacy of these border patrol stories). It's presently created some dark clouds over the industry but I do believe this uncertainty is devised to panic the average investor, so I see it as an opportunity. And of course I could be wrong, so i'm not putting all my eggs in the MJ basket... The politics in the US has become anything but predictable! Also, the CA regulatory machine appears to have considerably mishandled things thus far! That being said, my plan is to keep learning this sector and exploit value if I find it. I don't know if SNN has seen its lows or if it will crater another 25% before its done, which is why I've started modestly and am scaling in. But from my perspective, this is without a doubt a tremendous value at these levels and longs here will be rewarded!
Best to all!