Why A Big Rerating Is Coming To Cannabis Stocks
Why A Big Rerating Is Coming To Cannabis Stocks
Julian Lin runs Cannabis Growth Portfolio on Seeking Alpha. Jason Powers comes from the world of politics in Washington and posts on Reddit. A conversation on the intersection between politics and cannabis investing.
Interview + Transcript: https://bit.ly/35hfVoQ
Cannabis Growth Portfolio: https://bit.ly/3JPl7zx
Bringing Context to Cannabis.
Curaleaf stock is a bust, they still don’t make a profit and the stock can’t even hold six dollars a share, don’t buy this stock.
I would support the statement on high margins in Tech stocks, not sure cannabis stocks can access high margins as easily in the future.
A far more powerful correction is coming with the collapse of the fraudulently enacted, federal marijuana prohibition. When that happens, the national and global markets will quickly establish themselves. Then, the artificially high prices will plummet down to their natural price of $30 to $50 an ounce, and it will be sold wherever more harmful beer and wine are available. – It’s just an easily grown plant.