Lots of people bought in Nov and later on hemp news and all the see is that and most do not look at the big picture and don’t even look at past performance. It’s like because these guys are in the business of hemp that it’s a fire gone conclusion. What’s most impressive is holders trying to reach out to Mum and dad investors as if nothing can go wrong with a penny stock..
Anyway today Canadians vote in the senate to pass recreational cannabis laws.. this impact to the stock market there is well worth watching. Also I think any cannabis company that ends up getting government backing could make a fortune. What also needs to be scene is the overall impact self medicating people will have on the mm market.
Considering Canntab has been a major talking point with this company with its partnership there what happens in Canada will ultimately be important to MCL. Impact to stock market there is worth watching and remembering considering at some point we may end up down the same path.
QBL Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held