$Aurora Cannabis (ACB.US)$ The financial results will be an...
The financial results will be announced before the opening on 6/20.
Right now, cannabis stocks are sinking to the bottom of hell.
Cannabis stocks made a big breakthrough to replace the stalling of artificial intelligence and semiconductor stocks at the end of March, but they finally stalled after fireworks launch by Mr. Biden X Post on 5/17.
Artificial intelligence and semiconductors are making a big comeback from around that point, so even though it's a coincidence, the correlation is interesting or cruel... We can't all be happy ~ (crying).
If ACB announces good financial results, and 6/20 seems to be a milestone day in the middle of the regulatory classification process, I think cannabis stocks will come back to life again if there is some kind of news from the government, such as “the classification schedule is progressing smoothly,”...
The rest is whether Mr. Trump will throw in a horizontal spear or not. Mr. Biden should want to rock the support of the cannabis industry and the cannabis user community in preparation for re-election, so he should want to hurry up regulatory classification changes.
If Mr. Trump tolerates the lifting of the cannabis ban, it will cause a major backlash from the religious right and conservatives in the big vote field, so he opposes mitigation, but he tries not to talk about cannabis as much as possible, making tea cloudy. It has been speculated in the US media that Mr. Trump, who is originally a businessman, may not be able to stop this trend anymore, and that he wants to side with the industry. After all, if it is mitigated, it will become the hottest industry that generates the most money.
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パコさん : I also believe in the future of cannabis, so now I think it's an opportunity to buy more, so I'm doing it steadily. I'm ready to legalize it!
Marvin1986 OP : Thanks for commenting. Yes! If all goes well, I think cannabis stocks will flourish in the second half of this year. I'm indebted to cannabis stocks. When American stocks were still unlearned, they lost a lot in artificial intelligence growth stocks, cut big bleeding losses, and when they almost died they shifted to grabbing straw in cannabis stocks, they quickly recovered their losses with the big jump on 4/30. Recently, I was greedy again due to pharmaceutical growth and I lost a lot (laughs). I feel like cannabis stocks will save me again. I think Aurora will soon be over $7 if the results are good, so I'm on standby.