Has the cannabis craze now become tulip mania 2.0?
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Raymond James’ Dave Novak on whether the pot trade is all smoke and mirrors? With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Dan Nathan and Guy Adami.
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Fan of Tim Seymour!
Watch til the end
ماهذا
Watch as the deluded lose thousands once again holding these overvauled stocks and or “currencies”
It's a bubble alright. Valuations on an agricultural stock with companies trying to capture business via regulations and patents rather than competition.
I can grow 1 plant here in oregon and have more than enough cannabis for my entire family.. not that we all use it im just making a point…. so why is Tilray valued at 500x revenue?
deal
This guy is an idiot
the stocks are high. haha!
He's a corporate shill! He's just defending Big Pharma against cannabis because it's going to disrupt his corporate investors!
Sounds like the pill people are getting scared that they are going to lose money
I think he practiced his speech in front of the mirror at his mom’s house
Tulip Mania!! Will not end well
Who the hell doesn't know the difference between tulip and cannabis? -_-
weed is a bubble. but this man is a shill. big pharma will loose soooooooooooooooo much when weed makes all their drugs worthless
If this were tulip mania you’d be paying 1000 dollars for a joint.
what about rec use and the profits from that and now more people like weed over alcohol? seems like a lot of revenue to be made there just saying
To all those think by weed is some super pill, you are retarded, it’s not, it has no proven benefits, on top of that cannabis stocks are traded at over 100 to even 300!! Valuation, that’s just crazy. All this said I will get into these stocks just when the valuation gets more reasonable
Anyone here from Texas? (Fort Worth/ haltom City/ north Richland hills) hmu I keep that mf loud on me always
I never looked up cannabis stocks and I just looked at Cronos: 8 million negative earnings. Nice. Got more money dumps?
Such a corporate puppet. Cannabis is not going to be a fad. It's here to stay and it's only going to get better. Big-Pharma has the most to lose from Cannabis' rise so of course they're going to try anything they can to discredit it. Also, learn how to wear a tie if you're going to be on TV. Tool.
The National Academy of Sciences. Lol.
NYC needs more Marijuana to forget their lousy economy they just lost Amazon……………………………..way to go democrats
I love that consumers are now educated more than ever; GMO, Pesticides, Hormones, Anti Biotics and what they all do to our meat grain and vegetables. As well as the pure evil in the pharmaceutical industry where they would rather make $100,000-1M off of a patient (lifetime) by keeping them alive and popping pills; rather than finding a 1-time $10,000 cure. Goldman has even admitted there is no money in a cures… It is up to you to take you and your own familys health into your own hands. I don't agree with smoking tobacco, but I know a lot of old timers who used to smoke like coal trains back when it was grown on the farm. They had no cancer, lung disease, no heart disease… NOTHING! Then it was produced by the big boys who started adding in unneeded compounds more addictive than crack cocaine. I have billionaire ambition just like the next guy, but life is to fucking short to be killing people along the way. I couldn't look my self in the mirror, even if most days I want to punch people out for being so low iq. Id rather make my money by helping uplift people, but thats just me. Ps, Ive don't stuff to make money that would boggle your mind. Then I realized its just not worth the pain you cause the world. Life is too short.
Cannabis works in many patients and saves lives maybe not all the time but it causes no death what’s the problem? That pharmaceutical stuff kills thousands a year an saves how many lives? it makes no sense a baby can understand that the winner drug is the natural one Cannabis
Did you know marijuana IS legal in "Washington dc "? What? YA. ha ha ha ha …
Some of the Cannabis claims are starting to sound like snake oil. I find it hard to believe that one compound can cure everything. Placebos work pretty well too in the right circumstances. I'm guessing the real support will come from the recreational side, getting high.
Haha this guy claims tulip bubble 2.0 yet the original tulip bubble never took place. Good thing this clown knows science and medicine. Should stick to that vs economics
This ass clown that cNBC has on… how about the ability to treat seizures and eliminate them ?
They tell you it’s a bubble so they can get the shares cheaper
This is a great upload!
Trick no good