OTCQX:ACRGF - Post by User
Comment by
geodcanon Oct 25, 2019 1:35pm
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Post# 30270313
RE:RE:SAFE Act trigger
RE:RE:SAFE Act triggerThere is the US election looming too and descheduling of the SAFE Banking Act could become a political plum. Politicians are already positioning with their opinions on legal marijuana. Trump has already agreed to let State law call the shots and some have banked on that and are buying into greenrush companies Stateside, but the Fed's stance still looms like a big dark cloud. It is double risk for US investors that could have their investment seized and possibly have criminal charges levied. There are all kinds of roadblocks to the greenrush from licensing, financing, investing, advertising in the US and Canada too. I think Canada is in for some serious reckoning of marijuana hopefuls but I think the US is sitting on a greenrush waiting to break out, although it might be tempered after watching what has happened lately in Canada sharepricewise.
Best scenario would be Feds descheduling marijuana and freeing up all of the States under some Federal guidelines. Nice to see a little uptick in the sp glta and dyodd