CANNABIS STOCK MOVED - FEDERAL LEGALIZATION BILL IS HEADING TO HOUSE FOR VOTE NEXT WEEK🚀🚀🚀
The house of representatives intends to vote on a bill to federally legalize cannabis for the second time in history next week.
This was confirmed by congressional leadership.
The house will take up the Marijuana opportunity reinvestment and expungement.
TLRY & CGC | Technical and Fundamental Perspective For CANNABIS
The problem with TLRY, CGC, and other Cannabis companies is that they are all waiting for U.S Senate approval and to be legalized.
Actually, they are below their fair value.
The actual Cannabis companies cover 3% of the market.
If the Senate will legalize cannabis the whole market will jump.
It is calculated that they will have an increase in the actual demand by 6 times higher.
They are also expanding in Germany and Netherland lately after cannabis legalization.
One of the biggest problems is that big institutions like banks can not add cannabis to their portfolios as long as it is not legalized.
The banks have major equity when it comes to investing.
This equity will be used by the companies to increase investments.
So just keep it in your portfolio if you have patience and can wait until it gets legalized.
Previous analysis:

The house of representatives intends to vote on a bill to federally legalize cannabis for the second time in history next week.
This was confirmed by congressional leadership.
The house will take up the Marijuana opportunity reinvestment and expungement.
TLRY & CGC | Technical and Fundamental Perspective For CANNABIS
The problem with TLRY, CGC, and other Cannabis companies is that they are all waiting for U.S Senate approval and to be legalized.
Actually, they are below their fair value.
The actual Cannabis companies cover 3% of the market.
If the Senate will legalize cannabis the whole market will jump.
It is calculated that they will have an increase in the actual demand by 6 times higher.
They are also expanding in Germany and Netherland lately after cannabis legalization.
One of the biggest problems is that big institutions like banks can not add cannabis to their portfolios as long as it is not legalized.
The banks have major equity when it comes to investing.
This equity will be used by the companies to increase investments.
So just keep it in your portfolio if you have patience and can wait until it gets legalized.
Previous analysis:

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✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。