CANNABIS STOCK BEAR MARKET? AM I WORRIED?
CANNABIS STOCK BEAR MARKET? AM I WORRIED?
My current thoughts on the recent performance of cannabis stocks. Is the sector dead? It may feel like it, but it’s always important to remember that the market moves in cycles. I believe
Nothing in this video is financial advice. It is just my commentary on the current state of the cannabis industry.
$TLRY
$CRLBF
$CURLF
#weedstocks #tlry #msos
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CANNABIS STOCK BEAR MARKET? AM I WORRIED?
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The cannabis sector is not dead, it’s just on life support.
subscribed. Keep the Cannabis videos going…Especially the MSO’s!! Great vid. We in this together!! $curlf $tcnnf $gtbif $crlbf $trssf $msos
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Good video. I’ve got the same opinion as you – i.e. – we won’t see too much without catalysts which for the sector the most important is federal legalization (whichever version). I’m in Trulieve and Harvest. I also have the TOKE ETF for diversification. I am not buying but not selling. 5 years out I see this as a huge play and think there will be some massive M&A happening also several years out.
The cannabis industry collapsed in 2018, and 2019, and 2020, and 2021
This is how an emerging industry works on the stock market.
Just keep buying the best companies and forget about it.
Good luck bro. Might see a little more downside but many great names are very oversold on the larger timeframes. Fundamentally, some of these companies are doing quite well with lots of YOY growth. Totally buying right now.
Khiron Life Sciences (KHRN) is my top favourite. Currently under 30 cents. Fully expect 3-5 X in 3-5 years.
HSTRF and PLPRF are undervalued.
I have six cannibis stocks and I continue to add money to which ever one drops the most. I believe in curlf, harsf. ayrwf, cchwf, tcnnf, and xxii. Get in before legalization and beat the rush…
Damn I wish my Charlotte’s Web would come back up one day. lol
Tilray is kicking my a** right now.
Its a penny stock in the making especially with a CEO that looks and acts like a porn director testifying at Ron Jeremy’s trial ! The American companies will eclipse anything coming out of Canada. Perhaps with its penny valuation it could be bought out by profitable company willing to take a loss on its balance sheet !
Which cannabis stock is your favorite for the long term?