Navy Capital CEO on Reddit investor interest in the cannabis stocks

Navy Capital is a firm that manages approximately $375 million in cannabis-related stocks. Sean Stiefel, Navy Capital CEO, joins ‘Closing Bell’ to discuss the recent increase in retail investor interest in pot stocks. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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32 Comments

  1. Klingo Klingon on May 7, 2021 at 6:33 pm

    Halo Collective 😎



  2. PulverizerA on May 7, 2021 at 6:34 pm

    Tobacco companies will swoop in and put them all under once the legalization and regulation is settled.
    Bet on it.



  3. john evans on May 7, 2021 at 6:35 pm

    What happened to NAFTA



  4. Printer Gang Investments on May 7, 2021 at 6:36 pm

    So take profits play with house money and buy puts?🧐



  5. M W on May 7, 2021 at 6:37 pm

    They told everyone not to buy GME before it went to the moon



  6. James Shelton LIG on May 7, 2021 at 6:41 pm

    No we’re still on GME don’t be fooled. Wallstreetbets is dead now



  7. eugyero on May 7, 2021 at 6:41 pm

    LOL…… they will find their way into US and already have. 🐋 But a nice try.



  8. P S on May 7, 2021 at 6:45 pm

    MJNA



  9. Taylor the Sailor on May 7, 2021 at 6:46 pm

    Buy American $MMNFF 🇺🇸 MedMen



  10. cosmo1kramer on May 7, 2021 at 6:47 pm

    Reditters are buying to squeeze only. Bang for your buck. 💥 boom



  11. Ta Mere on May 7, 2021 at 6:53 pm

    Lool they dont even bring up the fact that "Those canadian LP" are global leaders of the industry whereas the ones he named are local (US only) so hes just not very smart. And he says you hope they are in the states. Aphria is in 14k restaurants + 10k retail + 1 airline. Noob af



  12. Timothy Lennon on May 7, 2021 at 6:58 pm

    Like he said. Cresco is a long buy and is honestly the way to go. Just by seeing the revenue increase year after year backs up what he is saying.



  13. Brian Tait on May 7, 2021 at 7:01 pm

    Really tired of these guys telling us what the value of something is. Nobody gives a F what this guy thinks about what he is long on in his portfolio. They are hating because we won’t invest into the companies they’re investing in. We should be able to drive up the price on whatever names we like and not have these hedge funds institutions do these short ladder attack on the stock. It’s a free market and if you’re a short seller I would pick your battles wisely



  14. Dan on May 7, 2021 at 7:01 pm

    Cresco Labs! 👍👍👍



  15. Anon Ymous on May 7, 2021 at 7:02 pm

    No mention of $SMG Miracle Gro? Their biggest growth sector is in hypoponics.



  16. Chris Mark on May 7, 2021 at 7:06 pm

    *I have always believe in Stock market and other Economics activities but It’s really unfair that 2020 trading and stock market is just difficult and unbelievable which is too bad now i rather invest my money only on bitcion and gain more profit in return*



  17. Nick Robledo on May 7, 2021 at 7:06 pm

    SNDL 💥🚀💥🚀



  18. Steve Arbour on May 7, 2021 at 7:10 pm

    Lol…. manage 375 millions, but can’t figure to get a proper microphone set-up…. LOL xD



  19. ASMR Mysterious Girl on May 7, 2021 at 7:10 pm

    Good 😍watch my videos .. Thanks ❤️



  20. Ben H on May 7, 2021 at 7:11 pm

    Once it is legal, I think the walls between Canada and US having trade and open market will be brought down



  21. escpointer on May 7, 2021 at 7:13 pm

    Please do review for CNVCF. Looks like it is going to be x1000~x5000. This is the real "GME" Stock with huge growth potential



  22. Carbon Fiber on May 7, 2021 at 7:14 pm

    We’re in DOGE, BTC, SPCE and SLV longs. Fate loves irony.



  23. Igor Jovanovic on May 7, 2021 at 7:14 pm

    Hcmc to the 🚀



  24. mrPmj00 on May 7, 2021 at 7:17 pm

    SHORT SQUEEZE IS TERRIBLE! it’s called PUMP AND DUMP! I’M A RETAIL INVESTOR AND THIS CAUSED MY PORTFOLIO TO DROP BIG TIME!
    STOP IT!!!!
    buy FACEBOOK, NVIDIA, QUALCOM, AMAZON, APPLE, Wells Fargo,

    capitol riot means a covid19 petri dish; we need another lockdown. we have Amazon Prime streaming and don’t need to travel

    or go to a commercial theater and avoid covid19, mass shooting (gun sales doubled in 2020), police killing like George

    Floyd, and exploding RVs like in Nashville, capitol rioters bringing pipe bombs

    buy FACEBOOK, NVIDIA, QUALCOM, AMAZON, APPLE, Wells Fargo,
    long-term losers, mark my words: gamestop, hertz, bitcoin, tesla
    long-term winners: buy AMAZON, APPLE, FACEBOOK, NVIDIA



  25. Sansfeur on May 7, 2021 at 7:17 pm

    I think it is actually a global market and Canadian Marijuana stock own many of the Marijuana Patents.
    Canopy Growth Corporation, for example, is partners with global recreational beverage company, (and is purchasing Acreage Holdings, Mulit-state licensed producer in the USA)
    I am thinking the guy is a racist appealing to nationalists to pump and dump his stocks. Good.



  26. Shiloh Saves on May 7, 2021 at 7:19 pm

    🥈



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  28. KC Hiker on May 7, 2021 at 7:19 pm

    That’s a BS argument that U.S. companies are better position. Canadian cannabis companies have bee importing weed into the U.S. for several years now.



  29. Marilyn n Harold Vlog's on May 7, 2021 at 7:21 pm

    $ogi will double get in



  30. Robert Lucas on May 7, 2021 at 7:22 pm

    Very informative!!!!!Offering a great trading tool and investment idea to me.Everyone keep your heads high,
    There is a great year coming for investors…



  31. robert chaffee on May 7, 2021 at 7:26 pm

    TLRY on the way to the moon



  32. Mike Letterst on May 7, 2021 at 7:28 pm

    I just bought $86k of ACB stock