Cannabis Stocks Buzz
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The pardons came with the order to the Ministry of Health to expedite an examination to why cannabis is considered no medical value as deemed to fit as Schedule 1 drug. Descheduling was part of Bidens platform so that was the bullish part. people seem to have forgotten now. Order still stands afaik but why it is taking so long for an obvious answer is unknown.
I’ve seen a ton of chart guys videos over the last 3 years and I think this is my favorite one of all. Thanks for everything!
It might not matter to stock prices, but Biden’s pardon was a symbolic and empty gesture.
Zero people are in federal prison for ONLY cannabis possession. Zero people were released from prison b/c of this pardon. More importantly, the pardon doesn’t protect people who will be stopped for possession and then charged with some other felony that the police "find" during the stop.
This political stunt is similar to the student loan forgiveness debacle, using the wrong law intentionally (heros act instead of higher education act). Biden is the reason student loan debt can’t be discharged in bankruptcy after all.
Hard not to think that both of these weren’t done to get votes of young people in the midterms and the result will be zero.
Is there a Black Friday Sale on membership?