Legendary investor Danny Moses says the U.S. cannabis market is 'the big long'
Legendary investor Danny Moses says the U.S. cannabis market is 'the big long'
Danny Moses, Merida Capital, on the investment opportunity of a lifetime. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
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*The best bet is VFF (village farms), soon to be listed on the NYSE. I called this stock a long time ago. It is still dirt cheap. That is where the real money is, not in overvalued names.*
Check out splif. 22 cents , 24 million revenue, 1750 % y over y increase , not discovered yet
GREEN GROWTH BRANDS = retail is the play. Their products and marketing is the best / hands down
US retail sales unexpectedly fell in December -1.2%, the largest decline in 9 years. Analysts had expected retail sales to have increased 0.1%. Retail sales are renowned for their volatility. Under normal circumstances one weak reading by no means constitutes a new trend. However, these dire figures feed directly into the market fear over slowing economic growth. This explains why we havre seem such a dramatic market reaction.
The figures showed a broad weakness across most sectors, fuelling concerns that the cooling of the US economy from prior quarters, could be greater than initially projected. Although interestingly this goes against the impressively strong labour market data which we saw in December and January. US futures quickly erased gains resulting in a weaker start for Wall Street.
Tim sooooo Fake
NASDAQ has just approved FSD Pharm to enlist their shares and things will definitely take a turn when they will start trading soon
Man, this is depressing to watch a year later. The average cannabis stock has lost over 91% in value. Terrible! Lol
Sooo what American weed stocks are there?
What do you know
time to short
Aphria is the sleeper.
Nice share!
Cresco Labs is the sleeping giant
Recently, FSD Pharma just got allowed to list their shares on Nasdaq. A huge milestone for this Canadian pharmaceutical that manufactures cannabis.
Usa companies invest in USA. Curaleaf just bought their own shares. Green thumb management promised not to sell their shares. Compare this to garbage Canadian companies that dilute their shares to hell and give huge bonuses to management while running huge losses, not meeting goals, and then turn around and invest in other companies because they know their own company is a dumpster fire while they don’t even meet their own expansion goals! I won’t even get into health Canada’s slow ass approval process causing companies to trash millions of dollars worth of product.
CBD should be legal in every country
This video didn’t age well. Lol 😆