Chris Casey: Cannabis Stocks Down 90% — The Ultimate Contrarian Bet?
Chris Casey: Cannabis Stocks Down 90% — The Ultimate Contrarian Bet?
Cannabis stocks are down 80–90% from their all-time highs, and most investors have walked away. But could that set the stage for one of the biggest contrarian trades in years? In this insightful interview, WindRock Wealth Management’s Chris Casey tells Maggie Lake why he believes the cannabis sector is now trading like a distressed asset in a high-growth market.
Despite being a $30B+ industry with widespread legalization in over 40 U.S. states, cannabis companies remain federally shackled by restrictive tax rules, blocked banking access, and a ban on interstate commerce.
🚨 But that may be about to change. Two major catalysts could rewrite the entire investment case:
1. Federal rescheduling of cannabis, removing it from Schedule I classification
2. The SAFER Banking Act giving financial institutions the green light to serve cannabis businesses
Key Topics:
– Why cannabis stocks crashed and what could turn them around
– The three federal-level obstacles crippling the industry
– How rescheduling and SAFER could unlock a wave of capital and efficiency
– The role of big alcohol, tobacco, and pharma in a post-legalization world
– Why Chris Casey sees this as a “call option on reform” with 2x to 6x upside for market leaders
– The M&A and consolidation potential when the floodgates open
💡Concerned about Markets? Get a free portfolio review with Chris Casey and his team at WindRock here: https://bit.ly/3JbMxo7
💡Hard Assets Alliance – The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH
Chapters:
0:31 – Why Cannabis Is Back on the Radar
1:20 – A Quick History: From Prohibition to 40+ Legal States
3:49 – State Acceptance vs. Federal Illegality—What Gives?
5:39 – Who’s in the Game? Public vs. Private Players
7:32 – Why Stocks Collapsed 80–90% and What’s Weighing Them Down
12:17 – How Are These Companies Even Surviving?
13:02 – What Could Change Now? Rescheduling & Banking
15:03 – What Does “Rescheduling” Actually Mean?
16:05 – Politics & Policing: Is There Real Momentum?
18:37 – With Most States Onboard, Is a Federal Shift Easier Now?
20:12 – Wealthion Golden Nugget: Timing the Turn: Trade or Multi-Year Bet?
21:28 – After Reform: Brand, Price, and Execution Risks
23:01 – Will a Wave of Consolidation Hit First?
24:31 – New Entrants: Beverages, Tobacco, and Medicinal Products
25:21 – Who Actually Owns Cannabis Stocks Today?
Connect with us online:
Website: https://www.wealthion.com
X: https://www.x.com/wealthion
Instagram: https://www.instagram.com/wealthionofficial/
LinkedIn: https://www.linkedin.com/company/wealthion/
#Wealthion #Wealth #Finance #Investing #CannabisStocks #CannabisInvesting #MarijuanaStocks #StockMarket #MarketAnalysis #InvestmentOpportunities #ChrisCasey #CannabisIndustry #CannabisLegalization #SAFERAct #StockMarketNews
________________________________________________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
The world of finance and investment is intricate and diverse. It’s our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
Aurora😅?
those that smoke already smoke ! really not to many people are going to start smoking smoke, personally I do not see much more demand created than already exist
Fluent Corp is a cannabis company under the radar. It has licenses and operations in New York, Florida, Pennsylvania, and Texas. Scotts Miracle Grows through its subsidiary Hawthorne Collective owns significant shares of Fluent.
Certified is good and Edens Trees is good I would buy stock in them 2.
Casey has nothing better to hawk but a soul destroying product delivered by the criminals of wall street. Pathetic The companies who grow marijuana lost all their capital because their product sucks!!!!!!!!! Marijuana give you cancer just like cigarettes.
TCNNF has ebitda >$400 million, deep value, however rescheduling definitely required for serious improvement.
Tilray Brands
Please do not take advice from someone who knows nothing about his own subject matter. When Cannabis is Federally legal, it will not be grown in Kentucky or Virginia, nor indoor under lights. The mass amounts will be grown in the high desert of the Southwest (5-7,000 ft altitude). It is a plant that is susceptible to mold when finishing, it needs extremely dry conditions with a strong sun, cool nights, hot days. There may be boutique farms in other places i.e. Northern CA, OR, WA etc. but the main body of production will come from an area where it grows best. Why citrus is grown where it grows best. Lastly, when it does go Fed legal, the big corps will dominate, mass produce in the Southwest and the current companies will go extinct.
We are far from the bottom. Run.
Honestly, in Germany it’s out of the dangerous D law, and since then in the pharmacy I am feeling a extremely bargain during inflation times. My cost for spendings is the same as it was 3 years ago, just with a shift from canna to food and bills 😂
TCNNF is a no brainer. $20 min
I always loved it to write covered calls at the 2$ range from Canopy & Tilray 😅 but the past year was extremely heavy if you don’t only buy the shares
TLRY going much higher
Curaleaf Terrascend
lol so funny this video gets released after the stock pumps 😂
Curaleaf the only US MSO with global exposure.
Was able to sell Aurora Cannabis at their all time high and was then scammed by the horrible human being Guy Chamberland from Tetra Bio-Pharma. Too many dubious people in the cannabis sector.
Sndl stock and tilray to the moon
$CWBHF
✅️MLB Sponsored
✅️Backed by RJ Reynolds tobacco (maker of Velo and Newports)
Currently 11 cents
Its $40 for 2 ounces in mi, how can they make any money, around here when its race to the bottom on pricing?
Mevolaxy is like a superhero in the crypto world. Saved my finances and gave me hope for prosperity!
While I agree that cannabis should at least be moved to Schedule III, it wouldn’t surprise me to see the DEA (on Trump’s input) move cannabis from Schedule I to Schedule II (i.e., a somewhat palatable compromise for many). It also wouldn’t surprise me to then see the Trump Administration delve publicly into the medical benefits of cannabis as prepared by, and under, the previous Democrat Administration, with an aim to possibly legalizing medical marijuana at the federal level. In other words, leverage all of the heavy lifting done by the previous Administration (but ultimately wasted) to arrive at an easily justifiable, defendable, and measured approach to reform that will appease a large spectrum of voters while offending very few. That should more than fulfill any campaign promise made – which many Governments fail at miserably these days – while complimenting many of the DEA’s recently announced priorities.
Politics, it’s always politics. Just seems unreal that you can walk into a bar, or restaurant and drink alcohol and get in your car and drive buzzed. Cannabis in the meantime is level 3 like the hardest drugs. All politics. Alcohol is also much worse than cannnabis, makes no sense.
Don’t do it folks. I have 35 years of growing experience and ran a grower supply company for almost 30 years. It’s a model that doesn’t work. Look at all the Canadian companies that are worthless now. You are only as good as your last crop. Plus in weed people never stick to the same brand of weed.