27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
The Targeting and Offsetting Existing Illegal Contaminants (TOXIC) Act, sponsored by lawmaker Scott Peters (D-CA) to protect the environment from illegal cannabis growers, was recently re-introduced by the House Natural Resources Federal Lands Subcommittee.
The bill seeks to crack down on the use of banned pesticides on illegal marijuana grows on public land and rectify the environmental damage being done by illegal pesticides.
During a hearing, Peters emphasized that illegal pesticides used on cannabis plants can seep into the plant and ultimately end up in consumer products.
“This is particularly concerning for medical cannabis users who rely on the plant for relief from symptoms associated with various medical conditions, but may struggle to afford safe market rate cannabis at current price points,” he said, per Marijuana Moment.
The Bill's Highlights
If the legislation passes it would authorize $250 million over five years for the Forest Service to use Superfund toxic waste remediation to address environmental damage caused by the release of banned pesticides on federal lands for cannabis cultivation.
The measure also proposes raising criminal penalties for using banned pesticides in illegal cannabis cultivation to a maximum of 20 years in prison and $250,000 in criminal fines to create parity with the criminal penalties for smuggling forbidden pesticides into the country.
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Photo: Courtesy Of Esteban Lopez On Unsplash
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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