Are Cannabis Stocks Doomed? | Stock Market Investing

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In this video, we’ll be covering a variety of cannabis stocks and updates regarding why these stocks have sold off considerably over the past year. What are some of the factors influencing these price movements and is there any hope for a market reversal towards these companies?

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In this video, we cover the recent selloff of cannabis stocks such as Trulieve Cannabis, Curaleaf, Chronos Group, Canopy Growth, and more. Do your own research. Some of these stocks are considered to be Blue Chip stocks, with consistent and solid track records, while others inherently come with added levels of risk and potential volatility. Keep this in mind when doing your own analysis to determine whether or not these companies would make good additions to your own portfolio based on your investment style and tolerance for risk.

I would highly recommend that you watch the video in its entirety rather than just quickly looking at which companies are mentioned to get a better understanding of what the company has to offer.

Please also keep in mind that in the current market environment, with low-interest rates and heavy monetary supply, equity valuations are quite high and could see corrections, regardless of company financial performance. If you’re a long term investor and want to first build out a portfolio of solid Exchange Traded Funds (ETFs), then consider watching this video on my channel: https://youtu.be/TKQKreIURC0

If you enjoyed this video, make sure to give it a like and subscribe to the channel for more investing content. My goal with this channel is to help all my viewers get one step closer to financial independence.

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-Griffin

#STOCKS #INVESTING #STOCKMARKET
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Stocks, stock market, stock market investing, stocks to watch, growth stocks, tech stocks, stock earnings, stock market investing, stock market update, cannabis stocks, cannabis stocks to watch
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⏰ Timestamps:
0:00 Quick Market Update
1:00 Comparison to 2018
1:40 US Cannabis Stock Uplisting
2:25 Massive Selloff
3:55 Investor Optimism + My Position in TRUL
5:20 Proper Risk Tolerance
5:40 New Information on the Industry
9:08 BullRuns Platform Sneak Peek
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Disclaimer: This video description contains affiliate links, meaning that if you click on a product link, I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own.

Posted in Stocks & Trading

35 Comments

  1. Matt Tins on March 15, 2022 at 5:30 pm

    You should make a video on High Tide (HITI) stock. TRUL & HITI look great!



  2. JoJo Tolentino on March 15, 2022 at 5:31 pm

    Thanks for the update. I’m underwater too on tcnnf. Hoping for good news next year. 🙏



  3. Whopriest on March 15, 2022 at 5:33 pm

    You deserve more subscribers. Love the Canadian content



  4. Contact Brandondylan on Telegram for more info on March 15, 2022 at 5:36 pm

    I enjoyed your video, I am actually tired of worrying about stocks or stuffs like real estates … its driving me nuts these days, I think cryptocurrency investment is far better than stocks., Most people think…. Investing in crypto is all about buying coins and holding, till it rises 🙅 come on, it takes much analysis to be a successful *crypto trader* I’ve made $56,000 in two weeks of trade. I was able to invest with crypto mileage platform I am making huge profits on my investments since I started trading with the platform, you don’t have to give any one your coin to trade for you. MORE INFO 👆🏻👆🏻👆🏻



  5. Alfred Wong on March 15, 2022 at 5:37 pm

    What about psychedelics? Down 20% on MindMed



  6. Steve Joyner on March 15, 2022 at 5:38 pm

    Yes, yes they are.



  7. Melvinio on March 15, 2022 at 5:41 pm

    Canadian ones yea, their fundamentals are bad accross the board. However, the US MSO are been growing revenues constantly and loaded with cash. I expect money moving from Canadian cannabis stocks to US cannabis stocks once they can upgrade to Nasdaq.



  8. Joyce Chan on March 15, 2022 at 5:42 pm

    I’d really love to know what cool features would set BullRuns apart from other platforms such as Simply Wall St



  9. crazy cat vids on March 15, 2022 at 5:47 pm

    u left out the biggest retailer of weed high tide inc ticker "hiti"



  10. B Charron on March 15, 2022 at 5:47 pm

    I told your buddy Daniel Pronk to give up on stoner stocks cause many people have been hard on him. Dan should just stick with what he knows with his mind instead of buying weed stocks that he is buying more with his heart than his head. I will not touch any of these weed stocks with a 10 foot pole.



  11. moresugar tradercc on March 15, 2022 at 5:48 pm

    never been interested in this sector but I wish those who participated in this sector well



  12. Sam Mt on March 15, 2022 at 5:52 pm

    I’m so glad I sold while tlry was mooning, I bought back in recently and holding 2023 calls



  13. S on March 15, 2022 at 5:52 pm

    Hexo is closing those production facilities because between what Hexo and Redecan already have they have better machinery (Redecan has new Multi million dollar pre roll machines from Italy) to triple the daily production). It makes sense when you acquire some smaller companies like 48N and Zennabis you don’t need smaller facilities you bring it in house and consolidate. Selling the buildings and licensed canopy or research licenses to other people will bring in revenue to push forward. Hexo’s Molson coors partnership Truss has also finished building a major facility in Colorado and is now shipping drinks to 17 states. Pre rolls and gel caps from Redecan (best sellers hitting us market this month).

    Glad to see the hells angels and "not" having a CPG fortune 200 partnership FUD was proven wrong. No hells angels ties, investigation over and CPG fortune 200 partnership was confirmed this month however they are under NDA until the products they are testing get released. Wonder who it is :D. Anyways crazy times for all MJ investors. Better luck to us all in 2022.



  14. Kameron Scott on March 15, 2022 at 5:53 pm

    BullRuns looks fantastic! Can’t wait for a platform with all of the information you need in a single place.



  15. Griffin Milks on March 15, 2022 at 5:56 pm

    Follow BullRuns on Instagram for product updates here: https://www.instagram.com/bullrunsapp/
    Signup for the BullRuns Newsletter here: https://www.subscribepage.com/bullruns-signup
    Thanks for watching everyone! 😀
    -Griffin



  16. Yunz S on March 15, 2022 at 5:57 pm

    Thanks for the update Griffin 👍🏼 I’m still bag holding TRUL, I’m around -25 to -30%, but I’m confident the stock will turn around and I trust your analysis. Cheers



  17. Walker Gigs stevenkurt32@gmail com on March 15, 2022 at 5:59 pm

    Hello I live here in California, I’m just using this means urge you seeing this to give a try and appreciate me later. I saw your comment and I decided to put this down to let you know about him, He guides me with the exact time frame to trade which I made about $18k after trading alone and I recovered my losses. His strategy is really good i’ll highly recommend him to you…



  18. Greg Farlane on March 15, 2022 at 5:59 pm

    I’m also still holding my TRUL stock right now. App looks cool



  19. Jason Stupak on March 15, 2022 at 6:00 pm

    It’s because the profits are going up in smoke. Don’t hold any stock, and have no plans to. Never been an industry I’ve been interested in.



  20. Hebei Gucci on March 15, 2022 at 6:00 pm

    Investing in stocks or real estates are very good ideas though real estate investment seems a bit more complex. Who else is in line with me?



  21. Fun Times on March 15, 2022 at 6:01 pm

    If you want to make money in cannabis, sell it on the street, don’t invest in it in the market. I feel you’d make more money investing in snack companies for those who are actually buying weed, than holding shares in a cannabis company.



  22. C Konig on March 15, 2022 at 6:01 pm

    At a first glance your Bullruns platform looks amazing. The layout, information, fonts, colour etc seems to be well thought out. I’ll be sure to download it come launch day. P.s. i agree with another viewer’s comment “You deserve more subscribers”



  23. Nick Peitsch Investing on March 15, 2022 at 6:01 pm

    Awesome video man. I’m also a bag holder in Trulieve, but been buying the dip since we won’t see these prices long!



  24. J. Jones on March 15, 2022 at 6:05 pm

    I laaaaaaaughed when you said everyone in the US who wanted to use marijuana is able to do so. A handful of states have legalized recreational marijuana in the last year or so, which means there are plans to open retail stores 2 or 3 years in the future. In the majority of states, recreational use is still illegal. And in all states (even those with medical and recreational marijuana legalization laws!) positive urine drug screening for marijuana is still an automatic cause for termination/you will not be hired.

    TLDR; Don’t hold you breath on legalization in the next 5 years. Maybe in 10?



  25. Rockn Trades on March 15, 2022 at 6:07 pm

    I’ve been posting analysis on these tickers in my channel for the last couple of weeks. We found a bottom and I posted a recent video predicting this recent breakout. The charts tell us the story but I do appreciate the channels like yours for fundamentals 🙂



  26. Lucy Bernayd on March 15, 2022 at 6:08 pm

    Shiba coin is the future it rising day by day with time Shiba Inu coin will rule the world .who is on my side ?



  27. 6ixth Stage on March 15, 2022 at 6:10 pm

    I’m holding Hexo and its been painful.



  28. Vic Gill on March 15, 2022 at 6:12 pm

    IIPR doing great



  29. Dave Lamb on March 15, 2022 at 6:12 pm

    Great content Griffin, cheers!



  30. LegacyOfKane on March 15, 2022 at 6:12 pm

    Thanks Griffin, just got my Brother on the TRUL train so I’ll be sure to forward him this interesting analysis of the present market.



  31. Lily Nguyen on March 15, 2022 at 6:13 pm

    Appreciate the info, Griffin.



  32. Orest Sulyk on March 15, 2022 at 6:21 pm

    I’ve lost 73% so far on my weedmd (Entourage Health) shares. Current shares cost 9 cents.



  33. Larry Granda on March 15, 2022 at 6:23 pm

    Hello I can’t stop watching. *sigh this is next level maybe I will start with TradeVu or PlutoHQ Trading or something for now so I can ease into it



  34. Value Speaks on March 15, 2022 at 6:24 pm

    Awesome analysis Griffin, I’ve been following you for a while and love your videos! I’m a new Youtuber in the finance niche and just posted a banger of a video discussing an amazing cannabis stock which has high growth potential! Check it out!



  35. A C on March 15, 2022 at 6:26 pm

    It would be nice if it was a free version of simply, but if it’s paid, simply still looks prettier.