>> MARIJUANA COMPANIES HAD
BEEN ON A ROLLER COASTER RIDE
SINCE THE START OF 2018.
AT THE ATTORNEY GENERAL ROLLED
BACK THE OBAMA ERA RULES THAT
HAVE GIVEN STATES LEEWAY TO
ALLOW A POT FOR RECREATIONAL
USE.
BUT EVEN WITH THE ONGOING
BATTLE.
THEY ARE JUMPING INTO THE
CANNABIS INDUSTRY.
WHAT WOULD HAVE SAID ABOUT
THOSE NATIONS IF HE WOULD'VE
BEEN HIGH.
PLEASE USE GOOD GRAMMAR.
I DON'T DO THIS STUFF BUT I
WALL STREET THEY ARE DOING
THIS STEP.
I WAS OUT TO DINNER.
THEY WERE DESCRIBING TO MEET
THIS INDUSTRY IT IS A BIG
GROWING INDUSTRY THAT WALL
STREET IS LOOKING TO GET
AND COMPANIES THAT TELL YOU
HOW TO MAKE THE EDIBLES YOU'RE
TALKING ABOUT A
CASH IN.
THE POT STOCKS TODAY ROLLED
OFF.
THEY ARE LOOKING TO STEP IN.
I CAN TELL YOU EVEN IF THAT
DOES HAPPEN A LOT OF THE
GROWTH OF THIS INDUSTRY WILL
INCUR IN CANADA.
AND FUNDS ARE BEING DEVELOPED
AND HERE IS THE INTERESTING
THEMSELVES ARE EYEING THIS
INDUSTRY.
WHEN THEY STARTED EYEING THE
CRYPTO CURRENCY AND ALSO THE
BLOCK CHANGE TECHNOLOGY.
THE BIG FIRM THAT IS IN IT
RIGHT NOW.
THAT'S REALLY GOING AFTER IT.
HIS COUNTING COMPANY.
IT INVOLVES AND LOOKS AT THE
SORT OF COMPANIES.
THE BOLD BACK IT FIRMS.
THEY ARE LOOKING AT THIS
INDUSTRY AND HOW IT IS
GROWING.
AND HERE IS WHERE IT'S
INTERESTING FOR ME.
I WAS TALKING TO A FUND
MANAGER THAT MANAGES A FUND
FOR POT -RELATED STOCKS.
THEY ARE BRACING FOR A RAFT OF
NEGATIVE PUBLICITY TO COME
OUT.
IT'S A POSSIBILITY.
IF YOU INHALE IT.
THEY ARE LOOKING TO FIGHT
BACK.
THE GROWTH IN POP USAGE IS NOT
SO MUCH THE SMOKING BUT THE
EDIBLES WHICH THEY BELIEVE THE
HIGH IS MUCH BETTER THAN
ALCOHOL MUCH SAFER THAN
ALCOHOL AND MUCH SAFER THAN
OTHER DRUGS THAT PEOPLE TAKE.
THAT IS HOW THE POT INDUSTRY
IS FIGHTING BACK.
THE POT STOCKS ALL THESE WALL
STREET GUYS AT TIMES OUT WITH
LAST WEEK.
THEY ADMITTED.
AND THEY WERE TELLING ME THAT
THEY WERE LUCID WHEN THEY WERE
DOING.
THIS IS WE ARE IN THE
BEGINNING THERE.
WE ARE DOWN TODAY.
WITH SESSIONS CAME OUT WITH
THAT.
AT THE WRAP HERE.
THIS IS NOT LIKE BIT COIN
CRYPTO CURRENCY THREE YEARS
AGO.
IT COULD BE UPS AND DOWNS BUT
THIS IS BEGINNING.