RGI 0.00% 4.8¢ roto-gro international limited

Getting you started on RGI, page-38

  1. 11,472 Posts.
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    I like the idea but I'm still nervous about the tenuous state of the cannabis market. The U.S. fed government still has it prohibited even though some states have re-legalised it. If the feds put the hammer down would that end the whole show?  Also the last time I checked all of the cannabis shops/growers in the U.S. had the huge problem whereby the banks wouldn't deal with them for 'stupid reasons' forcing them to only deal in cash.  Not sure if that's been remedied either yet. And then we have the situation here in 'straya where the government (as usual) is years behind the rest of the world in repealing cannabis prohibition, again citing the weakest of 'reasons' even though some small moves have been made towards medical cannabis, in limited supply, for only a couple of medical conditions and only then as a last resort after the patient has been ravaged by pharmaceutical drugs.


    I'm not trying to downramp the stock at all but government is a HUGE burden for all of us and always has been (not just in this area) and I don't trust them to not screw things up for the cannabis industry or dodge it so their corporate mates will clean up and the opportinuty for a healthy cannabis industry will be lost.  So if anyone can shed some light on my assessment that would be appreciated.  Have any of those circumstances changed?  Are they likely to any time soon?


    Cheers

 
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