In a follow up to last week's bleak outlook on the industry we discuss thoughts on valuing the cannabis industry. 

Some key topics discussed:

1. Fundamentals - how the headwinds of price compression make it difficult to value companies

2. Macro Factors - we are still negative but hearing some interesting mixed signals

- Video Mentioned: Eric Johnston of Cantor on CNBC

3. Federal Legislative - the difficult of predicting SAFE+

- Video Mentioned: Cory Booker on SAFE Banking