Cannabis stocks

Probably a good idea to pick a basket like that, instead of one company, although they all seem to be behaving the same today.
 
Gaps filled. Now what?

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Probably a good idea to pick a basket like that, instead of one company, although they all seem to be behaving the same today.
MJ been good for my friend over that last week or so; he keeps resetting his stops higher for when it goes back down... "IF" it does - right.
 
Lessons from California's Pot Industry Bailout

The largest U.S. state earmarked money last week to aid companies that are struggling financially in large part because of bureaucratic delays and missteps in transitioning them from temporary licenses into more stringent permanent ones. It’s a cautionary tale for other states that are figuring out how to balance social-equity provisions, tax rates and competing with an illicit market valued at $66 billion last year, according to New Frontier Data.

https://financialpost.com/pmn/business-pmn/lessons-from-californias-pot-industry-bailout
 
This is what is likely to happen in Mississippi. They successfully challenged out ballot initiative process and killed Initiative 65 in the process. The legislature was never going to be content with not having full control of the medical program and not being able to tax it to the point that the black market still looks attractive.
 
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