RE:US legalization Here's how I'm playing it.
Buy low, sell high with a trading position.
It's paying off nicely - if you're patient ( most are incapable)
Keep a core position for WHEN new legislation is even talked about ( every 6 to 12 month) Once there is something discussed that has legs it could reach $1 or more.. and then find a new floor at a much higher level.
In the lull periods you have the confidence of knowing that this Mgt team is quietly executing - now with a new dispensary and improving margins.
Lately, for some reason that defies logic, you can acquire in low 40's ( even high 30's?) - then patiently await a return to the 50's and 60's
Easy money.
MM