Green Growth Brands Inc GGBXF

News marijuana stocks undervalued

[billybonk]

Not specifically to Xanthic but the fake news involving the US banning marijuana stock investors from entering the US.  Nice bit of fear mongering on and before Friday the 13th.  This confirms to me the true value of "marijuana stocks are much higher."  Obviously this is started by some large investors trying to scare people into selling.  BS is all that is.  Price manipulation using Friday the 13th superstition that bad things happen.   Interesting that there's a story on this day.  Fake, phoney and false tactic.  The issue of medical marijuana is years old now, nothing new about investing in Canopy growth for example.

Canopy growth and Cronos trade on the US stock exchanges.  That means everyone with an RRSP or company pension investment can be indirectly investing into marijuana.  Most mutual funds are bonds and equities both international and US.  Just as Apple stock can heavily influence the price of the Dow Jones index, Weed stock could influence the NYSE as well.  Everthing is connected with these composites.  They all tend to move at the same rate, look at the premarket.   Dow, Nasdaq and SP 500 have basically the same trading movement.   Mutual funds use these composites.  Does that mean we're all guilty by association because the US broad market index might be inluenced in some way by pot stocks? 

Bottom line.  Invest in marijuana because once officially legal in Canada more and more opportunities will happen.  Xanthic Biopharma is already making money with their product and more will follow.  Great investment opportunity here in beverages and edibles.