New Cannabis ETF (TOKE), U.S. Pension Funds Want Pot Stocks [Cannabis StockCast #18]
New Cannabis ETF (TOKE), U.S. Pension Funds Want Pot Stocks [Cannabis StockCast #18]
Data analysis firm Nielsen forecasts U.S. cannabis industry will reach $40 billion by 2025 — 25% growth per year. U.S. pension funds want in on the marijuana bandwagon. They’ve picked a relatively safe and stable real estate investment fund, Innovative Industrial Properties, to start investing in cannabis. And TOKE is the ticker for a new cannabis exchange-traded fund (ETF). Read more at https://banyanhill.com/gold-stocks-up-and-continuing/
Learn how to turn $10,000 into $100,000 at the Pot Profits Summit! Click here to join: https://pro.banyanhill.com/m/1308753
About Me:
I joined Banyan Hill in 2017 as a research analyst. A market “outsider,” I use my science background to create an objective view of investments. This approach allows me to overcome the emotional biases that plague the average investor. My background in biogeography taught me to analyze giant data sets for specific patterns. That translates perfectly to financial research, and I now apply those tools to find opportunities to profit in natural resources.
Follow me on Social Media!
Twitter: https://twitter.com/ThePotStockGuru
Facebook: https://www.facebook.com/Anthony-Planas-2068103606630766/
Instagram: https://www.instagram.com/thepotstockguru/
Like the info in this video? Comment below and let me know!
I’d love to receive suggestions for new video topics, so feel free to share what you’d like to hear in future videos!
Thanks Anthony!
In the short-term, Cannabis stocks have been getting pounded as of late. WHEN do you anticipate stocks to start climbing again? I remember last year around this time that stocks surged in anticipation of Canada’s legalization in October. It was a case of "Buy the rumor, Sell the news". Canadian cannabis legalization 2.0 is coming in October expanding the market to edibles, CBD, etc. When do you see companies like Plus Products, Cannabis Sativa, and others start catching fire? What about companies like Evio labs that tests CBD oils for purity which may be mandated for cannabis companies as more states legalize and then nationally? Finally, what about Cannabix Technologies (BLOZF) that has developed a cannabis breathalyzer that can be used much like one does for DUI testing? I’m just trying to determine if/when to ‘pull the trigger’ and buy these stocks. I have purchased some stocks based on the Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, that ranks the top revenue producing cannabis stocks in the US and in Canada. I’ll set a 30% trailing stop and a fair amount have hit the trailing stop and were sold. My belief was that it was about actual revenue. Maybe I’m not being patient enough. ANY thoughts/advice you can offer would be so GREATLY appreciated!!! I trust you, Matt, and Banyan Hill. Thanks for everything!
Useful – thx!