Thread: 2018 Farm Bill

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  1. #1
    Member skeeterator's Avatar
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    2018 Farm Bill

    The 2018 Farm Bill passed the Senate yesterday and is now headed to the House for a vote. One of the major items included in the bill is nationwide legalization of Hemp. This is going to open the doors for instutional investors to enter the Hemp market and also allow farmers growing it to qualify for crop insurance. Those companies already in the Hemp business are seeing the share prices of their stock running hard this week in anticipation of the House passing it and Trump signing it within the week. This is huge for farmers and the companies already in the cbd space with edibles and beverages. Interesting times ahead.

    https://www.google.com/amp/s/www.was...eres-whats-it/

    https://www.google.com/amp/s/abcnews...%3fid=59760327

    https://www.google.com/amp/s/qz.com/...t-tobacco/amp/

  2. Member skeeterator's Avatar
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    #2
    For anyone that might be interested in a few Hemp tickers here's some that have been moving. I know a few of you guys day trade/flip and the first 2 have really huge floats so Flipping is easy. I've done well the past 2 weeks in the Hemp sector and with the House unanimously passing the bill yesterday they'll continue climbing.
    HEMP
    RSHN, this one jumped 87% yesterday,should do the same today.
    The next 2 are more buy and hold although both have moved up the last couple weeks.
    WSRA, up 110% in the last week.
    HMPQ