RE:RE:Diagio is not the one"Hmmm, let’s see, Diageo themselves have confirmed they are looking at 3 companies for an MJ investment, and only a month ago, the UK announced they will be legalizing MMJ, but according to you “England isn’t on the bandwagon? Give your head a shake man." - The British government has confirmed it will review the use of cannabis for medicinal use.
- Laws over recreational use will stay in place.
- Possession of cannabis in the U.K. carries a maximum jail term of up to five years in prison.
Not exactly legalization and Diagio has been "looking" at MJ companies for quite a while now.
Looking is not buying and they could be looking for quite a while more. I am not trying to burst your bubble but the stock moved way more than it should have for a simple rumour.