2020 is the best year to invest in cannabis companies: Entourage Effect Capital CEO
2020 is the best year to invest in cannabis companies: Entourage Effect Capital CEO
CNBC’s “Power Lunch” team discusses how cannabis stocks fared in 2019 and what investors should watch for in 2020 with Matt Hawkins of Entourage Effect Capital.
Marijuana, gold, oil, emerging markets and micro caps are just some of the investing themes industry pros expect to work in the year ahead.
“I think this is going to be a big year for cannabis ETFs,” said Dave Nadig, managing director of ETF.com. “It’s been a rough year for most of the cannabis investments, and I think that in 2020, we’re going to see a continued push towards legalization around the world.”
The ETFMG Alternative Harvest ETF (MJ), the market’s largest cannabis ETF in terms of assets under management, has shed nearly 31% in value year to date as many of its underlying securities went through an industrywide reckoning related to longer-than-anticipated product rollouts and overly enthusiastic forward estimates. Rival marijuana ETFs launched earlier this year have shared in the pain.
“The companies that are in these funds right now, I think, are going to get overpriced very quickly and we’re going to see a lot more companies come to play,” Nadig said.
Tim Seymour, who is founder and chief investment officer of Seymour Asset Management and runs the Amplify Seymour Cannabis ETF (CNBS), advised investors to take their time if they’re considering buying into the downtrodden group.
“As a guy who runs a cannabis ETF … my view is that the size of the addressable market has grown,” Seymour said shortly after returning from the MJBizCon cannabis business conference in Las Vegas.
“You’re starting to see separation of the performers and the nonperformers. You’re starting to see capital markets dynamics come to work,” Seymour said. “So, there’s no question about the efficacy [or] what’s happening in the sector. The question is are these companies, right now, you can invest in?”
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Because there shouldn’t be regulations, you should keep your damn stocks, pharmacies, marketing away from the herbs. You greed mongers. You will lose!
Free the weed
Invest in tomato companies, 2020 is going to be a great year.
I will invest in cannabis for smoking purpose only. thanks in advance.
The day after the SAFE banking act passes?
Cannabis stocks will double, as it will have proper Accounting, And the ability to root out Black Market Cartel elements.
Don’t want to trust the big cannabis or hemp companies ?
Micro investments have a very good outlook also … contact me
Waiting… to get my money back plus
I sold my newborn baby because of last cannabis crash 🙁
4 Million $GRPS bought for fractions of a penny sold @ 5 cents is $200,000 cash
not just cannabis, stocks and crypto is on demand this year.. Last year I accumulated over $400,000 profit in the crypto market with the assistance of a financial expert
https://edition.cnn.com/2019/09/10/health/vaping-outbreak-2019-explainer/index.html
concentrated smoke like weed. it does not allow the lungs to heal.
vaping dabbing and even regular ital smoking destroys ur lungs. only recently
did folks start doing this all day long everyday. years from now like sunny
delight the drink in England results will show what im saying.
https://en.wikipedia.org/wiki/SunnyD
In December 1999, according to a report by BBC News, the negative
publicity escalated when a Sunny Delight television commercial showing a
snowman turning orange was released, at about the same time as reports of a
four year old girl who experienced her skin turning orange – due to the
product’s use of beta-Carotene for color – after drinking an estimated 1.5 litres
of Sunny Delight a day.
Ginny pigs a?
Well that went well then 👎👎👎
Million Dollar Income Potential in Ruvol
I have invented a Board Game [still unpublished] that is guaranteed to be far more challenging and exciting to play than CHESS. I called it “RUVOL.”
Over time, Ruvol will surpass chess as the “Number One Board Game in the World.”
Why am I so sure about this? Because I am an avid chess player myself. I found chess to be so repetitive that any clever player could easily master the moves to a point they could even play against opponents blindfolded. It is for this reason I invented a game where every game is always a new challenge and exciting to play.
Since Ruvol is yet “unpublished,” I am extra careful in fully disclosing how it is exactly played, lest it might be “plagiarized.” The “BEST PREVIEW” I can give, more than enough to appreciate how the game is played, is as follows:
1. Ruvol is almost somewhat played like chess. [I invented Ruvol primarily to give chess a direct “apple-to-apple” competition.]
2. Like chess, Ruvol is a board game for two players.
3. If the chess board is square in shape containing 64 squares in all, the Ruvol board is rectangular with more number of squares in it.
4. If each chess player has 16 pieces, each Ruvol player has same number of pieces as well.
5. If each type of chess piece moves in a distinct way, the Ruvol types of pieces move in distinct ways, too.
6. If to win the chess game requires tactical skills or strategic thinking, the more the Ruvol requires of it.
7. If the way to win chess is to checkmate the opponent’s king, the way to win Ruvol is entirely different but far more exciting and challenging.
In my Google search, I learned there are around 800 million chess players in the world. These 800 million players comprise the “Total Potential Buyers” of Ruvol across the globe. At an average profit of just US$5 per set, the “Global Income Potential” of Ruvol then is US$4 billion. Assuming only 1% of it will buy each year, the annual global potential sale is US$40M.
I AM SELLING MY COPYRIGHT TO RUVOL.
For the reason that I don’t have enough resources to produce, distribute, and market Ruvol on a global scale, I find it “wiser” to simply sell my copyright.
If you are interested to buy my copyright, email me your BEST PRICE OFFER—[the copyright going to one with the highest reasonable bid]. Or if you know someone willing to buy my copyright, you are entitled to a 10% commission.
On the other hand, if you have a “much better option” in mind than what I am proposing here, don’t hesitate to let me know.
Thanks and God bless.
RODOLFO MARTIN VITANGCOL
The Ruvol Inventor
rodolfovitangcol@gmail.com
Supporting aurora cannabis here!
I bought some cannabis stocks of my Allystock trading account. Wanna see how much more I could shovel up from there? Weekly profits & huge sessional payouts.. it’s worth it really
https://thegreatlandcannabis.com/cart/ check our website for quality buds
You’d have to be high to buy these stocks
Its confusing especially at first, but now relationships are established and people are trusting legalization. This is a medicinal product and now there is more awareness. Also, things are less risky since banks can allow the large sums of money.
How can I buy stocks where do I go? Like a website or an app?
https://edition.cnn.com/2019/09/10/health/vaping-outbreak-2019-explainer/index.html
concentrated smoke like weed. it does not allow the lungs to heal. vaping dabbing and even regular ital smoking destroys ur lungs. only recently did folks start doing this all day long everyday. years from now like sunny delight the drink in England results will show what im saying.
https://en.wikipedia.org/wiki/SunnyD
In December 1999, according to a report by BBC News, the negative publicity escalated when a Sunny Delight television commercial showing a snowman turning orange was released, at about the same time as reports of a four year old girl who experienced her skin turning orange – due to the product’s use of beta-Carotene for color – after drinking an estimated 1.5 litres of Sunny Delight a day.
Ginny pigs a?
Bro, totally far out man. 🚬
Who does the Big Boys come to when they need Gas,the Truth,the Dosey
Doe-jah,or the Chi-Town Gun Smoke,,,,,????
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Everyone knows it can only be me…..
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do dont bother calling us with sad stories,asking for”front” or any
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https://youtu.be/be–5AFmBYg
NUGS. Great pick
ACB ON WATCHLST! 🔥🌳💨
Least it isnt tilray 299 at peak now 16
Dennrc760@aol.com
People need to quit smoking pot.now it’s just the rich taking advantage of the poor on steroids.Not to forget the market is totally biased.it will only provide wealth for a handful,mainly those who have already been living good.If you live in a legal state don’t buy it make your own.and forget all the gimmicks online.These seeds were smuggled into the country with the help of a Tibetan monk’s shady spot.And these seeds here came here in a marines back pack in a false shaving cream can southern Russia,yeah.this was Michael Jacksons favorite, moonwalkers og. At the end of the day you will save more money not smoking you will be more productive etc.with little to no use it probably would be medicine.but not when it replaces air.
Cannabis stocks were about double last year…meaning the stocks lost about half of their value in 1 year. Canopy Growth was $50 per share, now $21 .
meh. buying Bitcoin as an investment absolutely dwarfs any stock or investment out there.
Tulip bubble, how obvious can it be?
What if you’re family already invested, grew, died to make it legal and all these junkies want to sale is oil and other products to taint? What to do? WV was closest. I’m here. They cut my income to support drunks and life long junkies who use their income to make products look bad.
I have the best land in Costa Rica for this industry, either for sale or for rent, the best water and climate in the world.369
https://edition.cnn.com/2019/09/10/health/vaping-outbreak-2019-explainer/index.html
concentrated smoke like weed. it does not allow the lungs to heal.
vaping dabbing and even regular ital smoking destroys ur lungs. only recently
did folks start doing this all day long everyday. years from now like sunny
delight the drink in England results will show what im saying.
https://en.wikipedia.org/wiki/SunnyD
In December 1999, according to a report by BBC News, the negative
publicity escalated when a Sunny Delight television commercial showing a
snowman turning orange was released, at about the same time as reports of a
four year old girl who experienced her skin turning orange – due to the
product’s use of beta-Carotene for color – after drinking an estimated 1.5 litres
of Sunny Delight a day.
Ginny pigs a?
GET IN FOR CRASH VERSION 2.0
Check out blozf…making a reefer breathalyzer. …huge market
Bitcoin may go up or down but it is not volatile at all. Everything will fluctuate from time to time. I have not seen bitcoin go below a dollar.
Entourage capital is terrible. Look at their returns
Best pot stock right now https://youtu.be/9onhQzzU9og
No, no! Let the states continue fleece the public!😕
The black market will continue to grow and thrive out here just as long as this green rush retardation continues!
Yay! More business for me!😄👍
They should reduce taxes for small companies and raise them to a fair percentage on the big ones”
Thanks.
This are called pump and dump, buy low sell high on a day trade. Tlry did crazy last year it went to $300 I think people got super rich..with 4000 shares for like 1 dr made over 1 mil
Dude the Feds gotta fix this shit so Cannabis can be regulated and legalized Medically period.After they knock it down a schedule and legalize it Medically on a national level then you let the states decide on the Recreational side.That is more than fair.Opiates are killing people and Marijuana could help that some and that’s just one thing it could help.
These cannabis markets have more volatility then Bitcoin.. no thank you.
crazy how im working in a grow house in florida smh free em bois lockup in Fed
In the Netherlands, where Cannabis is ‘legal’ or tolerated, the Canna still comes 75% from the black market.
DON’T INVEST IN THIS CRAP,BLACK MARKET WILL ALWAYS THRIVE
Is there a decent cannabis index fund?
Go ACB !