I actually dont , just havent changed my disclosure.
But I do believe that all Cannabis stocks will get a pump when MORE and/or SAFE Act is passed in the USA. I think that will happen before the next election in US as it was a point of them getting elected and has not been fulfilled and a way to get brownie points from the public.
All ASX cannabis stocks had their biggest rises based on overseas news, the two big pumps were from UN reclassifying cannabis, and then the democrats winning the Senate which gave way for more act being passed.
I think a sniff of this again will lead to a pump for all cannabis stocks, and if I was a holder of MXC I would use that pump to get out of it! I will be using that pump to get out of my bad cannabis stocks like CAN, AC8, etc.. might be the last chance to get out with some money! But I will keep the quality ones I believe in, like ECS.
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