Overall, this is a very good thing and I wouldn't expect anything dodgy. More like they're trying to move very quickly and not everything is water tight yet.
Medicinal Cannabis is just hitting the news flow so much, it's great for all of us and freeing this wonderful medicine to the masses.
The white labeling is an amazing sign to the market, as soon as CBD becomes a thing (and being removed from doping substances recently confirms the trend), capital is about to flow.
Now, who can white label CBD? Well, a lot of MC companies. An industry milestone telling investors, that those small caps may not build brands but they can still make a ton of money as MC becomes common knowledge.
Verry happy for the holders and the whole MC industry, a defining moment.
PS: also one thing regarding capital movement from asia, there are lots of money sitting around, money is money and it'll need to go somewhere. Stocks are about to attract more asian capital and some of it will drop on stocks, some on cryptos, some on art...
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32.5¢ |
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Mkt cap ! $15.73M |
Open | High | Low | Value | Volume |
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2 | 11666 | 0.300 |
1 | 10000 | 0.295 |
1 | 20000 | 0.250 |
1 | 2200 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 1522 | 1 |
0.360 | 371 | 1 |
0.365 | 8846 | 2 |
0.370 | 2000 | 1 |
0.400 | 1183 | 5 |
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