GREY:SNNVF - Post by User
Comment by
Benedictuson Oct 27, 2018 11:51pm
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Post# 28883469
RE:RE:RE:RE:OK campus article
RE:RE:RE:RE:OK campus articleas always, a very well thought out post Bluechip.
I prefer your option 1 as well - it would abruptly change the snn picture in a big way but the jury is still out on what the timeline of what the govt will do wrt mj if/when the house flips.
there is no doubt that snn has been seriously hamstrung by the financing and spinout delay, so barring an unexpected outcome, I'd expect a 50%+ re-valuing of the stock to happen as soon as the market gets clarity of the go-forward plan. Of course, I thought snn would be challenging the upper 6 to 7.50 range post the pp closing so the mkt could certainly prove me wrong.
https://mjbizdaily.com/experts-suggest-if-us-house-flips-federal-cannabis-reform-might-follow/