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We are back with a PACKED Market Update:
1) Breaking down the HISTORIC passage of the SAFE Banking Act (by the House)
- How it happened and Why it matters
- The road ahead (goes through the Senate)
- Benefits of the SAFE Banking Act
- Why Traditional Bank Financing would be a huge positive for US Cannabis companies
2) Exploring the Vaping Health Epidemic (is it really an epidemic?)
- 350 cases with 8 deaths so
- How bad is this? How aware is the general public?
- What's the cause? Vitamin E Acetate? The Black Market?
- How much should investors care? Is this just a blip?
- How simple and negative news can spread far and wide
- Why Vaping is so important to Cannabis Companies
- Massachusetts' 4 month ban on ALL vaping products (who's next?)
3) Pennsylvania and the Tri-State Area (NY/NJ/CT) Going Full Rec
- 4 neighboring states all looking to go rec in short order
- Why New York wants the other states to share the same rules
- PA = 21M people; NY = 19.5M
- All 4 States = 53M people (1.5x Canada!!)
4) CIBC says Canada Sales Estimates are WAY too High
- $6.5B of 2020 Sales reduced to $2.2B (1/3rd of original)
- $7.5B of 2021 Sales reduced to $3.3B (44% of original)
- People online bashing CIBC over this. Are they right?
- Are these numbers accurate? Let's compare to real numbers
- What this means for the Canadian market
- US sales vs Canadian sales
Closing Thought: Long-term focus and being patient
- This is a 3-5 year investment play!
- Don't get caught focusing on the ups and downs
4.6
6767 ratings
We are back with a PACKED Market Update:
1) Breaking down the HISTORIC passage of the SAFE Banking Act (by the House)
- How it happened and Why it matters
- The road ahead (goes through the Senate)
- Benefits of the SAFE Banking Act
- Why Traditional Bank Financing would be a huge positive for US Cannabis companies
2) Exploring the Vaping Health Epidemic (is it really an epidemic?)
- 350 cases with 8 deaths so
- How bad is this? How aware is the general public?
- What's the cause? Vitamin E Acetate? The Black Market?
- How much should investors care? Is this just a blip?
- How simple and negative news can spread far and wide
- Why Vaping is so important to Cannabis Companies
- Massachusetts' 4 month ban on ALL vaping products (who's next?)
3) Pennsylvania and the Tri-State Area (NY/NJ/CT) Going Full Rec
- 4 neighboring states all looking to go rec in short order
- Why New York wants the other states to share the same rules
- PA = 21M people; NY = 19.5M
- All 4 States = 53M people (1.5x Canada!!)
4) CIBC says Canada Sales Estimates are WAY too High
- $6.5B of 2020 Sales reduced to $2.2B (1/3rd of original)
- $7.5B of 2021 Sales reduced to $3.3B (44% of original)
- People online bashing CIBC over this. Are they right?
- Are these numbers accurate? Let's compare to real numbers
- What this means for the Canadian market
- US sales vs Canadian sales
Closing Thought: Long-term focus and being patient
- This is a 3-5 year investment play!
- Don't get caught focusing on the ups and downs
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