I dont think Australian Recreational and Loosing of Medicinal Marijuana laws will change anytime in the next 3-5 years. They may allow more conditions to be eligible for Medicinal marijuana Usage. But nothing to boost sales by any significant percentage.
But I do think the short term spike is caused by traders looking for the next big thing, and avoiding the lack luster SP in a lot of commodities stocks.
I hope the industry does grow, it shows a lot of promise for humanity and for Medical advancements.
mxc, page-105
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