HGV 0.00% 5.4¢ hygrovest limited

Take off!, page-29

  1. 405 Posts.
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    Absolutely. It may not pass however it is strongly recommended and I must say that if our PM agrees with medicinal cannabis use then that is saying something.

    Whether it passes or not is largely irrelevant other than a bit of positive movement if it does pass. The Australian market will take some time to develop and it will be quite minor with respect to other more established and larger global markets.

    IMHO if it doesn't pass then maybe some risk to the downside and another buying opportunity? If a favourable result then perhaps a bit of a run.

    On a humanitarian note with share values aside, I am a big believer in medicinal cannabis and feel that Australia is doing the right thing to look at embracing this potential for people suffering from illness etc.
 
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