Another Technical Plus Is The Ongoing Support Of Market Momentum As Marijuana Stock Prices Move Higher.

The Let’s Toke Business Marijuana Composite also moved on to new highs as we expected. Investors can’t overlook the fact that time is passing quickly. Canada’s Health Minister promised cannabis legalization legislation in the “spring of 2017” which is between March 20th and June 19th. The earliest date is now less than two months away. If the government follows the task force recommendations, there will be many exciting new opportunities available. Also legalization will go to parliament where approval marijuana news will be an historic event. This should keep marijuana stocks moving higher. Also I expect U.S. investors to shy away from domestic opportunities if the new administration begins to act on their deep seated negative attitudes toward cannabis. Another technical plus is the ongoing support of market momentum as marijuana stock prices move higher. This is a recent change we have patiently awaited.

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