Are Cannabis Stocks Doomed? | Stock Market Investing

Griffin Milks

Griffin Milks

November 10th, 2021

DESCRIPTION
Follow BullRuns on Instagram: https://www.instagram.com/bullrunsapp/ Signup for BullRuns Updates: https://www.subscribepage.com/bullruns-signup In this video, we'll be covering a variety of cannabis stocks and updates regarding why these stocks have sold off considerably over the past year. What are some of the factors influencing these price movements and is there any hope for a market reversal towards these companies? ► Get $25 for FREE on Wealthsimple Trade 🇨🇦: https://wealthsimple.sjv.io/6a3Xb ► Get $25 for FREE on Addy (Crowdsourced Real Estate): https://canada.addyinvest.com/referral_gateway?addyHandle=$griffinmilks ► Get $150 with M1 Finance 🇺🇸: m1finance.8bxp97.net/WDRenA ► Get $50 for FREE with Wealthsimple Invest 🇨🇦 (ETF Brokerage): https://wealthsimple.sjv.io/KY7mN ► Get $50 in Free Trades with Questrade 🇨🇦: http://www.questrade.com?refid=5cc1f638589bf My Digital Products and Resources: ► Stock Market Investing Course 📈: https://www.griffinmilkscourses.com/course-page ► BOOK A 1: Call With Me: https://clarity.fm/griffinmilks ► Track Your Net-Worth & Stock Market Returns 📊: https://www.griffinmilkscourses.com/spreadsheet In this video, we cover the recent selloff of cannabis stocks such as Trulieve Cannabis, Curaleaf, Chronos Group, Canopy Growth, and more. Do your own research. Some of these stocks are considered to be Blue Chip stocks, with consistent and solid track records, while others inherently come with added levels of risk and potential volatility. Keep this in mind when doing your own analysis to determine whether or not these companies would make good additions to your own portfolio based on your investment style and tolerance for risk. I would highly recommend that you watch the video in its entirety rather than just quickly looking at which companies are mentioned to get a better understanding of what the company has to offer. Please also keep in mind that in the current market environment, with low-interest rates and heavy monetary supply, equity valuations are quite high and could see corrections, regardless of company financial performance. If you're a long term investor and want to first build out a portfolio of solid Exchange Traded Funds (ETFs), then consider watching this video on my channel: https://youtu.be/TKQKreIURC0 If you enjoyed this video, make sure to give it a like and subscribe to the channel for more investing content. My goal with this channel is to help all my viewers get one step closer to financial independence. Socials: 📸 Instagram: instagram.com/griffinmilks 🎶 TikTok: vm.tiktok.com/ZMRHAyCne -Griffin #STOCKS #INVESTING #STOCKMARKET ______ Stocks, stock market, stock market investing, stocks to watch, growth stocks, tech stocks, stock earnings, stock market investing, stock market update, cannabis stocks, cannabis stocks to watch ______ ⏰ Timestamps: 0:00 Quick Market Update 1:00 Comparison to 2018 1:40 US Cannabis Stock Uplisting 2:25 Massive Selloff 3:55 Investor Optimism + My Position in TRUL 5:20 Proper Risk Tolerance 5:40 New Information on the Industry 9:08 BullRuns Platform Sneak Peek ______ Disclaimer: This video description contains affiliate links, meaning that if you click on a product link, I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own.
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