GREY:DXBRF - Post by User
Post by
geodcanon Nov 18, 2019 2:47pm
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Post# 30366023
Good volume from
Good volume fromUS side. Rumblings of bills seeking approval for launching the greenrush in the US. There are quite a few US mso's and others doing legal marijuana and hemp business in the US despite the Fed's lack of clarity. These guys are heavily reliant on State law allowing marijuana and hemp for rec, where allowed and pharma use which is garnering more States approval and I view as a segway for rec use.
These companies that have navigated the system to be viable marijuana businesses will be in the front seat for the American greenrush which will be phenomenal and a huge moneymaker for investors that choose their marijuana investments well. It makes sense that backing businesses that have bricks and mortar and fields of green, or greenhouses and are already in production and the marketplaces and dispensaries.
Clearly their sentiment is that green is going to mean go and a headstart is a headstart. The investment world watched Canada launch legal marijuana businesses and a lot of people made huge amounts of money. Imagine 10 times that from the US side and a penchant to allow nice labelling and advertising. That is so American and Canada erred on the side of caution with their brown label packaging and suppressed ads.
This is the week we should get some info about AriZona as their own deadline approaches. glta and dyodd