Posted on 14 Comments

Cannabis stocks rally on new legislation to protect banks in stocks where it's legal



The House eyes new legislation to protect banks that deal with cannabis businesses in states where it’s legal. With CNBC’s Melissa Lee and the Fast Money …

source

14 thoughts on “Cannabis stocks rally on new legislation to protect banks in stocks where it's legal

  1. Cannabis stocks are increasing at a high rate. Thank you, CNBC acknowledging that fact and adding it to your news.

  2. Cannabis stocks rally last week and then go straight back to tanking this week.

  3. Got to admit, I had shares in MS0S, however, I am seeing that Canadian LPs are the true weed and green wagon. when the US announced positive news, Canadian LPs surge higher than MS0S. When international news being announced Canadian LPs continue to rise while the US companies remain stagnant. When negative news hits, MS0S was the one who sank first and Canadian LPs tank. Company like Tilray has more influence over most US companies with higher exposure to investors due to the reason being listed in major exchange like NASDAQ, while the US companies are limited to OTC and are facing the issue to be listed on the fundamental levels.

  4. Canadians LP's are the true weed and green wagon. when the US annouced positive news, Canadian LP's surge higher then MSOS. When international news being annouced Canadian LP's continue to rise while the US companies remain stagnant. It shows LP's such as Tilray has more influence over most US companies with higher exposure to investors due to the reason being listed in major exchange like NASDAQ, while US companies are limited to OTC and is facing the issue to be listed on the basic fundemental levels. Tilray ftw!

  5. markets correct approx. 30% every 1.87 years, from that moment i made a decision that long term investing and old theories of it are no longer valid in modern day markets. if Warren Buffet had to restart his entire portfolio today with just 1$ no chance of success that he can use his old ways to make billions in the next 10 years. I think investment strategies need to be relooked at and rewritten. Profits made are better than profits lost doesn't matter how great a company is, the markets correct deep enough to wipe your profits out so better to just exit before they start to correct. All this to say, i will be looking forward to a major correction or market crash. The markets are overbought and over-leveraged the bubble needs to pop to cleanse it for some type of reset. For holders, they wont like it but at least new $ can enter for a stronger foundation. I'd strongly advise any newbie/traders to buy the dip for traders who are still wondering whether to enter the market or old time traders who are Holders to seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent a series of trading losses I'd best not talk about before I was introduced to trading analyst Mr Ramiro Antonio . My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.2 btc to 4.6 btc in just 5 weeks. Tele..gam…@ Ramiro_Antonio * I will advise traders esp newbies to have an orientation of trading before they get involved in it.

  6. maybe China or Russia and others going to buy lots of gold and other precious. It will lead to what i leave it to guess

  7. The person that titled this video must have been on cannabis.

  8. Woooo never regrets investing in Canadian LP's. There is a reason why these companies have passed the standard SEC Filing to be listed in NASDAQ/NYSE. Those companies that are still at OTC couldn't even pass the basic SEC filings which have given Canadian LP's a good head start.

  9. GRWG has insane income growth but stock has lost half its value

  10. addiction is about to explode.

  11. US cannabis names are generating the most revenue, nice to see CNBC acknowledging that and giving them some air time instead of the overvalued, money losing Canadian LP's!

    High Tide is the only Canadian play worth mentioning.

  12. Investing in crypto is the best way to earn financial freedom

  13. These stocks are growing at extremely high rates and have stupid low valuations. They don't even need this to be great, they are already great. People are just too clueless to realize this.
    TCNNF, PE of 20, with 80% growth… What stock has this???

Leave a Reply

Your email address will not be published. Required fields are marked *