CannTrust Holdings Inc CNTTQ

RE:RE:RE:RE:Farm bill + some news

[BIBI123]

Nastysasky wrote:

Mike411Ontario wrote: Yep, big news lots of US names had a real good couple of days.  Probably will continue.  I wonder how this will effect CannTrust?  I do not think that it will hurt sales but might divert some investors.
I hold 3 US names.  Kentucky will grow allot of hemp as will Penn.

I've been wondering how it'll affect Canadian LPs as well.

If Hemp/CBD becomes legal in the US, that should mean it can be shipped internationally. So Canadian LPs will probably run into more competition. This is why I find TRST so f'n frustrating. It's almost like they don't see what's coming their way.

The farm bill does not legalize cbd from cannabis though. That will remain a schedule 1 in the US. So while cbd/hemp should be able to be shipped internationally, cannabis cbd will still be restricted. None of this is good for TRST unless trst decides to go into hemp.

And yeah for sure, money follows the path of least resistance

VFF has stated that they intend to convert their Texas greenhouses to hemp when the farm bill passes. I've been adding VFF on that premise.

I have huge position in VFF as well, because I believe, it is one of the most undervalued stocks out there