Marijuana Stocks DOWN AFTER LEGALIZATION!?
Marijuana Stocks DOWN AFTER LEGALIZATION!?
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Why are Marijuana stocks/Pot stocks/Weed Stocks DOWN after legalization….?? In today’s video we’ll be going over 3 reasons why I believe the marijuana industry is down today.
#stockmarket #investing #brandonbeavisinvesting
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Brandon Beavis was one of the youngest advisors to become fully licensed here in Canada.
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Marijuana stocks are very speculative and very overvalued in my opinion. Waiting until they start making profits is a smart move.
Very good points made in this vid! I agree 💯%
Good video man. Although it was disheartening to see the drop it didn’t bother me for long cause when I invested I was thinking 5-10 years down the road.
I REALLY should have shorted pot stocks, but prob would have gotten a margin call from bad timing. LOL! Great vid, keep ’em coming!
Man your channel is helping me so much. Im a 22 year old investing nube and this channel is by far the most tube friendly. Thanks homie
A+ for the smoke bomb effect haha, great piece!
I dont know about you but i love me some weed lmao
Marijuana Stocks seems very risky to me
*Lebron to the Lakers… Cousins to the Warriors……. WOW… The only bigger news is that the channel just hit 2k subs!!!*
Thank you all for watching the video and for the ongoing support so far! I really hope you guys enjoyed today’s video! 🙂
*Do you AGREE or DISAGREE with me? These are just my opinions and feel free to leave your thoughts below!*
I am tired of marihuana stocks. Wait a year before you actually know how this market looks like before throwing in money.
Congrats on your 2k subs. Well deserved
Thought I was being smart in Feb 18 buying into several MJ companies before the big vote. I’m way down and who would have thought mj stocks would plummet after a passing vote. I wish I would have considered buying between July and October, who knew? I guess I’m in for the long haul now. With 3 more months before recreational selling begins how low are mj stocks going? After October 17th they will have to skyrocket just to get me even! Concerned but not defeated.
Great Video – this industry needs you to go long to win. This video was therapy for me 🙂 We have some tech pivots in this sector, one is a digital social marketplace http://starkush.ca , the other is http://cloud42.ca which is seed to sale for craft growers.We are a startup there. We also noticed the ancillary ecosystem is just getting rolling. All the M&A you will see is production related and will be for the next year, but give it time and get in early on ancillary and you will be next up to bat for some home runs!
Ah yes – hoops 🙂 For sure Lebron to the Lakers is amazing news! (congrats on 2k!) , wonder if Lonzo gets traded? I don’t think so, I think Magic Johnson sees his game play in Lonzo and will work to make him the key point guard the drives the offense. Defense… ahh whatever 🙂
Go Lakers!
Great reasoning Brandon, personally agree on all 3 points. Even if a stock gets "good" news, if that news is already priced in, it will not have a significant effect. Investors who may have expected a pop sell shares to at least take some profits. Combined with overvaluation, you have a formula for a lot of short term volatility.
I remember watching the news and immediately thought of you and your previous video. I wondered what your opinions would be now that there’s an official date.
Congrats on 2k, very well deserved!
Marijuana is a 5 -10 year hold. As an older investor your skepticism reminds very early in the 90’s tech boom when people were skeptical of tech, of course it went up greatly. In a month and half most of these have doubled.
I don’t know what to do anymore. Been getting hit hard since January
Whats your opinion on how a purchasing limit of 30g effects licensed producers? Looking at the Government of Canada’s market data from licensed producers in the past year, market sales haven’t gone above 3000kg of dried cannabis while inventories after each month have increased to over 50,000kg.
https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/licensed-producers/market-data.html
question is what’s next, bitcoin then weed then ??? gold, oil, solar?
What do you think about slowly increasing holdings on China since it is in bear market? Or should we waiting longer (do you think chinese stocks like BABA and TCEHY will keep going down?)
Great points Brandon! Very volatile industry indeed!
I’m enjoying the volatility, which is why it’s always good to collect some profits ! 👌👍
Nice video brother !
And congrats on 2k 👍🙌🙌
New subscriber 👍🔔
When a pound of buds can be bought in the northwest for fifty bucks it’s time to dump the marijuana stocks. The days of high dollar pretty looking pot are over . In just a short while every home in America will have pot plants growing in em .
Priced in. Buy the rumours, sell the news.
2019 number will reflect these companies true evaluation if you look at the alcohol and tobacco industry cannabis has bigger potential than both
I’m waiting for it to be announced that it’s legal on a federal level. Then I’ll start buying shares
Perspective is key. You could look at a stock being down 10% in one day, or identify how it’s up 1300% in the past year.
short terme , nope but long term big yes. i got money in MYM ACB GLH and HUGE