From a long term view - the more countries (successfully) legalise cannabis like Canada it does 2 things a) increases worldwide demand for cannabis - indirect benefit for QBL and b) increases likelihood of eventual legalisation of cannabis in oz for recreational use - direct benefit for QBL (and which well positioned to take advantage of as likely one of the major cannabis players in oz).
I am here for long term view on cannabis market which very bullish - just have to ride out the fact spec market currently rather crap....but still can't see this sort of share price in a months time, so for the patient......well lets recheck this post in a month!
QBL Price at posting:
5.3¢ Sentiment: None Disclosure: Held
