Since the legalization of cannabis, it’s been red across the board.
As I said last week on the Kerry Lutz show, we expected the typical “buy the rumor, sell the news” type of move for cannabis stocks, setting up plenty of buying opportunities over the next few weeks.
Well, Christmas has indeed come early. Yesterday, the entire cannabis sector had its worst day since inception.
It was a “blood in the street” moment, without anything to even be concerned about. In fact, it’s just the opposite.
Last week, Canada became the first G7 country to implement full legalization.
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In Ontario, Canada, the online stores’ products sold out in less than 12 hours. Even the largest producer was down to one single product on day 1!
British Columbia experienced the same thing, only the online stores were sold out within minutes!
By mid-morning, cannabis stores across Vancouver had nothing left to sell!
There’s incredible demand and fundamentals for a market that is about to be legal worldwide over the next decade.
Here is where I suggest you look to buy while the market is experiencing a serious dip.
***Disclaimer*** Buying low sucks. When things are crashing, NO one wants to buy. It just is what it is… Human nature…
But here we are, and we are finally seeing a real meaningful pullback in the cannabis space. You can choose to ignore it or consider buying shares while they are down.
Here is our Future Money Trends Letter shopping list for the cannabis space.
Consider Shares of International Cannabis (CSE: WRLD & US: KNHBF), CannAmerica Brands (CSE: CANA), and Koios Beverage Corp. (CSE: KBEV & US: KBEVF).
“Buy when there is blood in the streets, even if it’s your own blood” – Rothschild
Editor’s Note: There’s major news from International Cannabis today. In case you missed it, click here.
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Never base any decision off of our emails. FutureMoneyTrends.com stock profiles are intended to be stock ideas, NOT advice. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Never base any investment decision from information contained in our website or emails or any or our publications. Our report is not intended to be, nor should it be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell securities, or as a recommendation to purchase anything. Wallace Hill Partners LTD owned by the same members who own Future Money Trends, have entered into a three year agreement with International Cannabis and have received three hundred thousand dollars and eight hundred thousand shares paid for directly by the company. We have entered into a three year agreement with Koios Beverage Corp. and have received four hundred twenty four thousand dollars and we have also participated in private placements. We have entered into a three year agreement withCannAmerica Brands and have received three hundred thousand Canadian dollars, one hundred thousand US dollars and have participated in private placements. We will not sell any shares during any email marketing campaigns. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. Please use our site as a place to get ideas. Enjoy our videos and news analysis, but never make an investment decision off of anything we say. Please review our entire disclaimer at FutureMoneyTrends.com/