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Wednesday, 04/10/2019 9:17:10 AM

Wednesday, April 10, 2019 9:17:10 AM

Post# of 82948
I only try to invest in profitable companies or those with significant and growing revenue like CVSI, CWBHF, TCNNF because they 'feel' relatively safer. But yesterday was a reminder of last Nov and Dec: ie that despite good numbers the broader market really drives the MJ Hemp markets lower at even quicker declines. Its reminds me we are a speculative industry and therefore the quickest area that many pull the plug. They seem correlated when things are going down - if whole market down 1% expect mj hemp down 3%... And good news from it, (like Jan and Feb) it seems mj hemp spring back better and higher on the way back up. Its hard to be patient when in the red in a good economy. Now as I look ahead at what mj and hemp may look like in a recession in late 19 or early 20, it may be even harder to be patient if certain structural changes have not occurred. Will be fascinating to see.