Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 390 – Cannabis
Stocks Rebound (NASDAQ: $TLRY) (NYSE: $HEXO) (NYSE: $CGC)
Delta, Kelowna, BC, March 27th, 2020 (Investorideas.com
Newswire) www.Investorideas.com, a global news source covering leading sectors
including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today’s podcast edition of cannabis news and stocks to watch plus insight
from thought leaders and experts.
Listen to the podcast:
Read this in full
at https://www.investorideas.com/news/2020/cannabis-potcasts/03271TLRY-HEXO-CGC.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com
"Potcast" featuring cannabis news, stocks to watch as well as
insights from thought leaders and experts.
In
today’s podcast we are looking at a couple of the larger LP’s stocks that have
taken a good run this week as investor sentiment begins to return to the
cannabis sector.
Giants
like Tilray Inc. (NASDAQ: TLRY), Hexo Corp. (NYSE: HEXO) and Canopy Growth Corporation (NYSE: CGC) have all been trading up around 20%
since Wednesday this week and continuing through today. All were trading on
high volume and this spread out to other well known companies in the sector.
There’s
lots of speculation on what caused this recent surge but many are pointing to recent news that came out suggesting that the
COVID-19 Pandemic could help the US push for federal legalization this year.
This
news has followed on the heels of massive sales numbers in most US States and
in Canada that has helped reinvigorate investor interest in the sector.
Another
large factor to consider is how the cannabis sector was already coming off of a
massive slump for the past six months and most large scale companies were
already in the process of removing non-essential assets and focussing on
efficiency and lower costs which was only accelerated from the COVID-19
Pandemic.
These
combinations of news piece and market speculation seem to be holding up for now
but it will be worth taking note of how long this run can last and what factors
lead to its eventual halt.
Investor
ideas reminds all listeners to read our disclaimers and disclosures on the
Investorideas.com
website and this podcast is not an endorsement to buy products or services or
securities. Investors are reminded all investment involves risk and possible
loss of investment
Learn more about
our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
To hear more
Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
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podcasts are also available on iTunes,
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word mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
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