Quipt Home Medical Corp QIPT

Anyone ever wonder..

[Carlito3211]

Does anyone ever wonder why pot stocks are classified as healthcare stocks? On the TSX when the healthcare sector takes a hit (pot stocks) legitimate healthcare stocks get sucked down with them. Pot stocks are all money losing disasterous monsters and furthermore, how can sucking some black tarry substance into your lungs be considered healthy for you?

[Moemoney42]

LOL.. yup, I remember not too long ago a US portfolio manager was asked what sectors an investor should look at if a recession materializes.. his comments were the energy sector, the discretionary sector and the health care sector.. and then Andy Bell on BNN says.. do you mean the cannabis sector here in Canada... the guy laughed and said.. "no, no, no, NOT cannabis, the US health sector"

[Carlito3211]

Yes I think pot stocks should have their own designator. eg Cannibis. And leave the legit healthcare companies that are actually trying to make peoples lives better and actually save them, to the healthcare sector. The conspiracy theories out there that pot is good for you and cures everything from cancer to hemmoroids is BS.

[gibbonsj]

Carlito I agree with you about the classification. From a pain management perspective though you have to think of THC as a pain management medication without the addictive qualities of opioids. That is a huge plus. Last winter I was training one of my malamutes and it took off after a coyote. The dog is so powerful it separated my shoulder. It was hugely painful I could not lift my arm from one

[Carlito3211]

All I'm saying is it should have its own designator. Cannibis. Leave the cancer cures, hip replacements, brain surgery, breathing ailments, lung, liver, heart transplants, to healthcare.It just seems that some out there talk themselves into believing that weed cures all that stuff. It doesn't.