Hour 2 Cannabis Stocks are huge right now.

Mark Simone

News

4.4 • 652 Ratings

🗓️ 20 September 2018

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Warren Buffett slow on tech stocks. Coca Cola may get into weed soda. Burt Reynolds, Sally Field

Transcript

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0:00.0	Mr. New York, Mark Simone, on W-O-R.
0:05.5	Well, it's going to be another nice day.
0:07.4	No rain until maybe.
0:09.4	It might be a little sprinkle over the weekend.
0:11.6	That's about it.
0:12.2	But it's the first day of fall on Saturday.
0:15.5	Look at that.
0:15.9	The Dow at 26,000 right now.
0:18.3	That's the new all-time record.
0:20.8	Everybody getting all crazy over these cannabis stocks. That's the new all-time record. Everybody getting all crazy over these cannabis
0:23.3	stocks. That's the new bumble, the new bubble, cannabis stocks, marijuana everywhere. It's
0:29.7	going to be legal everywhere at some point. It's going to pop. It's going to be good. Going to be
0:33.8	big, Mark. I don't know. You guys sound like all these guys buying Yahoo in 2000.
0:41.2	It's a bubble.
0:42.1	It'll be big, but it'll burst.
0:44.1	I don't even think it's begun to burst.
0:46.5	I know, but there was one cannabis stock.
0:48.9	It was like $3, $150.
0:51.0	Yesterday it was up 90%.
0:52.5	It's going to burst, back off a little, and then slowly grow.
0:57.6	Well, there's several states that are going to, New York is going to legalize it. New Jersey is probably going to do it before New York. Connecticut, obviously, will follow suit. When those three states do it, I think it's going to be a big business.
1:10.8	Well, I'll tell you why he's right. Back in 2000, back in the early part of the internet,
	...

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