This New Hemp Profile For 12/23 Is Packed With Tremendous Upside Potential, Key Details Now
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December 20th
Good Morning,
Just a quick heads-up, yesterday's profile, CTXR, is trending green and I recommend keeping it on your radar long-term.
On Dec. 3, the Federal Reserve, along with other federal agencies, issued a joint press release confirming that hemp-related businesses do not have to follow the same tight banking rules that MJ businesses do.
The release said:
"Because hemp is no longer a Schedule I controlled substance under the Controlled Substances Act, banks are not required to file a Suspicious Activity Report (SAR) on customers solely because they are engaged in the growth or cultivation of hemp in accordance with applicable laws and regulations."
This could be a major step forward for hemp related stocks.
Just look at one stock, GW Pharmaceuticals (GWPH), and what it was able to accomplish over the last 5 years before this positive news: