Cannabis Investing Network

SAFE vs VAPE (Good News vs Bad) - Market Update - Sept/25/2019


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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

...more
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Cannabis Investing NetworkBy CIN Podcast

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