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ACB Supply and Demand issues in weed
17 states allow for a small personal grow while 11 states allow for recreational use. Currently states favor you minding your own business and growing your own weed over you going out and buying weed in the public's eye. 21 more states allow for medicinal. 18 states are holding out. CBD is everywhere but it feels kind of in the trendy vitamin arena.
Maybe that will change with Covid but I don't see a rush to market here by consumers. Weed would have to tap the medical profession outside of psychiatry and cancer. "Weed is for crazy people, dying people and hippies" Can Covid break this mindset?
I don't see recreational weed breaking through into more states anytime soon.
Weed stocks have a huge supply and demand issue and as long as states support grow over recreation, that's not changing.
This industry continuously over throws their target.
We'll see some nice pumps from Covid news though and may be worth swing trading.
- Smoke a bowl and support your local farmers
Maybe that will change with Covid but I don't see a rush to market here by consumers. Weed would have to tap the medical profession outside of psychiatry and cancer. "Weed is for crazy people, dying people and hippies" Can Covid break this mindset?
I don't see recreational weed breaking through into more states anytime soon.
Weed stocks have a huge supply and demand issue and as long as states support grow over recreation, that's not changing.
This industry continuously over throws their target.
We'll see some nice pumps from Covid news though and may be worth swing trading.
- Smoke a bowl and support your local farmers
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