Been managing 💰30 years. $MS, the buy side, etc. etc. Seen lots of volatility; the Asian contagion / Russian ruble, Y2K, financial crisis. Big two-sided swings lots of wealth and plenty of false hope. Which brings me to the cannabis market...
2/ The #cannabis evolution is part-prohibition repeal in that there is existing end-demand that is moving into a taxable realm. It's also part-Y2K in that stocks will be valued on potential rather than what's tangible, especially as more people understand the #truth...
