Marijuana Stocks Crash June 3 2019 – RICH TV LIVE – JUNE 3, 2019 – Cannabis stocks were mostly lower Monday, as investors digested the first reports from …
zenabizz makes a comeback today, don't need no zenabuzz turning into a zenaburn, zenabitch, or zenabroke. should be soon and it will be a zenabliss and paying big zenabucks……
The rollout of edibles will not happen by Oct 2019 ,we may be lucky to see it on Selves sometime by oct 2020 the reason i believe this is because we all know the speed of government.So this being said many current companies will burnout their cash and go broke,in the meantime my prediction is stocks will continue the downtrend with fakeout breakouts.
FDA has a lot of Pumpos Asses that are very much skeptics of the whole industry . FDA being part of the "Gov't Arm" will not be giving a clear direction or in a Hurry either ..
Itās all good! These are blessings and we need to factor accordingly in the future (for me at least, I am building my stack monthly). Save chunks of money for these times and ride the highs with what you got…for the most part. Our longs will see ohhhh, 5-10 of these lulls before we cash out.
Looking into Prohibition and how alcohol stocks faired, compare that with Canada as well, we see almost the same trend. Run up with dips and a sell off just before full legalization. Both took about a 50% hit across the board. We are still 2-5 years before we see that in the U.S. but my feelings are the STATES Act will pass here in June or July. Just in time for the banks and whoever else has been held back, to jump on board on the cheap. Nooo, they wouldnāt plan that. Billions of dollars are being made every tick lower for some major players who want in. When they do, it is going to be šššš„š„š„ š°š°š°šµšµšµ and I canāt freaking WAIT!!! Good luck to all.
The best way i look at investing in marijuana is to diversify the cash reserves into companies that are 1) Marijuana growers 2) Cannabis biotechs 3) Providers of product and services 4) International Cannabis companies (presence in Europe , South America , Israel and Australia) .One or 2 best of each portfolio should be more than enough. Key is to identify the bottom and ride it up till the top, with a 30% margin profit. Knowing the fact that what goes up will come down and vice versa. Its about taking advantage of the boom( which is next 2-3 yrs) , post which it would just be like any other regular stock. The other key sectors to keep a watch in June is 5G , mineral and Gold.
GW pharma, CTST, CGC, ACB, CWBHF,, HEXO, CURLF, KSHB, ALEAF, STZ are the most recommend, by almost all the analyst. Future would be more of merger, acquistion and its been predicted the small players will be eaten by the big fish, so investment should be done with careful research and dilgience.
If I only knew the MJ Market would crash in October 2018 and May 2019, I would have saved the money to accumulate Cryptos like Bitcoin, Litecoins and Ripple around December 2018. Bitcoin really took off from January to May 2019.
US to make a decision on the approval of legalization by June 21st . This would mean the market will be shooting the moon. Something to be positive about.
Man everything crashed
With that being said all in MJ$
50% Bitcoin/ 50% MJ
total bloodbath down $500 in one day grrrr itll come back, can't loose till you sell
zenabizz makes a comeback today, don't need no zenabuzz turning into a zenaburn, zenabitch, or zenabroke. should be soon and it will be a zenabliss and paying big zenabucks……
Dont cry! Its time for the ballers to buy!šµš°
The market is driven by emotion. Look how emotional youāre being.
PTI check it out up 15 percent …nice to see some green on my favorites at least higher lows….Trulieve wowee ….buy buy buy
The rollout of edibles will not happen by Oct 2019 ,we may be lucky to see it on Selves sometime by oct 2020 the reason i believe this is because we all know the speed of government.So this being said many current companies will burnout their cash and go broke,in the meantime my prediction is stocks will continue the downtrend with fakeout breakouts.
FDA has a lot of Pumpos Asses that are very much skeptics of the whole industry . FDA being part of the "Gov't Arm" will not be giving a clear direction or in a Hurry either ..
Itās all good! These are blessings and we need to factor accordingly in the future (for me at least, I am building my stack monthly). Save chunks of money for these times and ride the highs with what you got…for the most part. Our longs will see ohhhh, 5-10 of these lulls before we cash out.
Looking into Prohibition and how alcohol stocks faired, compare that with Canada as well, we see almost the same trend. Run up with dips and a sell off just before full legalization. Both took about a 50% hit across the board. We are still 2-5 years before we see that in the U.S. but my feelings are the STATES Act will pass here in June or July. Just in time for the banks and whoever else has been held back, to jump on board on the cheap. Nooo, they wouldnāt plan that. Billions of dollars are being made every tick lower for some major players who want in. When they do, it is going to be šššš„š„š„ š°š°š°šµšµšµ and I canāt freaking WAIT!!! Good luck to all.
The best way i look at investing in marijuana is to diversify the cash reserves into companies that are 1) Marijuana growers 2) Cannabis biotechs 3) Providers of product and services 4) International Cannabis companies (presence in Europe , South America , Israel and Australia) .One or 2 best of each portfolio should be more than enough. Key is to identify the bottom and ride it up till the top, with a 30% margin profit. Knowing the fact that what goes up will come down and vice versa. Its about taking advantage of the boom( which is next 2-3 yrs) , post which it would just be like any other regular stock. The other key sectors to keep a watch in June is 5G , mineral and Gold.
Fabulous video as usual Rich! so stoked for edible legalization. crash isn't so bad as gives us another entry š
It is a buying opportunity! Thank you for the pep talk Rich!
GW pharma, CTST, CGC, ACB, CWBHF,, HEXO, CURLF, KSHB, ALEAF, STZ are the most recommend, by almost all the analyst. Future would be more of merger, acquistion and its been predicted the small players will be eaten by the big fish, so investment should be done with careful research and dilgience.
By 2023 Canada is going to be the biggest market for Marijuana. It's a BIG BIG profitable future man..
Il call it now. Trul outdoor liscencse is coming Friday. Friday before noon im loading right up all in on trul come friday.
How about AUSA? Is that still looking good?
Wow can you believe I pulled 6.5 percent out of weedmd tinted the top. Lucky dodge today. And got labs cheap as f! I dodged a bullet
But KHIRON was UP GREEN, MUTHAFUCKAAAAAAAAAAAAAAAAAAAAAAAS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Bruh….. hahaha this shit is deep…. ACB still #1 on your list ?
If I only knew the MJ Market would crash in October 2018 and May 2019, I would have saved the money to accumulate Cryptos like Bitcoin, Litecoins and Ripple around December 2018. Bitcoin really took off from January to May 2019.
If you aren't investing in Marijuana ,,,,means you dont smoke POT is the new punchline š
US to make a decision on the approval of legalization by June 21st . This would mean the market will be shooting the moon. Something to be positive about.
Hey rich what do you think about cgc at 38 in America?
Thank you as always
Had no holdings.. Cash in the bank waiting to load up when it's bottom out
Bro you look really sad today. Iām feeling the same way
Now it's time to re-invest šš
First time in history that just means hodl
šÆ % cash!!! Iām off all next week.
Cresco charlotte cura medipharma great stocks down!
I feel your pain brother but I have my eyes on the fries… more 48North, hoping to latch onto 360 @ .15 USD and many others. Its ours for the taking!
Cresco labs and green thumb will be the winners in Illinois
Dont panic it's just money
What are some good edible stocks?