RE:US Legalization Moves Canadian Cannabis Stocksqueerlash - you've been posting that Biden made the campaign promise to LEGALIZE cannabis.
You've finally posted that his campaign promise was to decriminalze cannabis - as Ive been telling you for two years.
Your 'research' and posts were again misleading and incorrect.
Regardless - only an absolute simpleton and clown with low level research and comprehension skills trying to jump on a non-existent bandwagon (such as yourself) thought that the Democrats would be able to legalzie cannabis the day after the election.
It's obvious you have no knowledge of the American legislative process - neither a President or a single party can 'DECREE' like a king and change laws - without them passing through both Houses. If you thought the Democrats could - then that's your own fault for poor research skills and alck of understanding.
As for the war in Ukraine - your latest attempt to blame everything except Hexo's incompetent management and poor business decisions for the .20 cent share price - you can't have it both ways.
You can't say cannabis is down because of the war on one hand - and on the other say that cannabis will rise if they legalize.
Did the war disappear?
In your need to post something - anything, you make yourself look foolish with your lack of common sense and investment acumen. Better for you to just not post anything.
Filthy lying pumptard
quinlash - (10/12/2022 12:52:59 PM)
US Legalization Moves Canadian Cannabis Stocks
When Biden took office in later 2020 he did so with the promise to de-criminalize cannabis. Canadian Cannabis companies such as Tilray, Canopy Growth, HEXO Corp (and others) all seen their shareprices respond in a very positive manner during that time with the peaks occuring in Feb of 2021.
By Feb of 2021 it was pretty clear that Biden was not progressing on the subject as promised. It was also around that time that the war in the Ukranie was clearly going to take place with the markets, including Cannabis Stocs falling from their highs.
The Ukranie war is sill on-going. Uncertainity in the market certainly includes some question as to how long that war will continue on and what else may develop in terms of that. On the other side we have the US Mid-Terms taking place in Nov of 2022 with it being reasonable to speculate that the Biden Admistration will use the topic of progressing Cannabis Legalization in order to create jobs, bring in tax revenue but, most importantly to Biden, to win votes and retain control over both the House and Congress.