Good Morning Folks, it's been a busy week. Ques
Post# of 4861
Question: Have you ever had an investment idea, but were too afraid to act on it? Well, most people have. While at the dentist yesterday the radio was playing quietly in the lab and I heard the market was selling off big time because of a statement made by the Federal Reserve Chief Jerome Powell. I turned to my dentist and ask what he thought about the market. My dentist was concerned and was thinking about pulling his money from the market. I told him to wait a day, and perhaps till next week, because investors will soon realize Jerome Powell stuck his foot in his mouth once again. Certainly, the corona virus will be with us next year and even two years from now, but it is not likely to keep our economy down. In fact, we have two VACINES in stage three trials, and we have treatments and testing moving forward at light speed. So invest away folks, the market typically climbs a wall of worry.
Now back to all things cannabis. Laws are still not written, approvals are still not granted, and banking is uncertain. However, investors investing in cannabis are still involved in the biggest industry the world is likely to ever see. Will we see setbacks? Most certainly. But in my opinion, the best chance of seeing phenomenal gains is to stick with your investments. I hate to keep saying this, but I have seen this all before --- in other industries going through the same type of uncertain environment.
The thing is, cannabis with its some 141 different molecular substances (and counting) has the ability to transform our modern medical system, and that is not an understatement. Imagine owning a stock with just one major treatment approved for medical use. A whole combination of effects will be triggered that include buyout offers and partnerships and joint ventures. Now, think of such a company involved in more than one aspect of the industry. Most cannabis companies have already diversified or will soon, and they likely did so to guarantee continued growth and revenue.
I am telling you folks, the climb will be worth all the pain and hardship of waiting for so very long. The result for those willing to wait and hold: untold wealth and the freedom to do whatever one desires within reason. In turn, you may discover additional opportunities that no one ever even conceived of.
So my advice: Hang tight. The world is about to unfold right in front of you.
Kgem