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Wall Street Unplugged - What's Really Moving These Markets

One on one with Jason Wilson—Why massive cannabis industry growth is inevitable (Ep. 748)

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Industry, Uranium, Investments, Geopolitics, Investing, Business News, Debt, Tokens, Commodities, Business, Economics, Curzio, News, Finance, Trading, Crypto, Crisis, Macroeconomics, Oil, Research, Talk, Personal, Stocks, Gold

4.51.1K Ratings

🗓️ 18 November 2020

⏱️ 79 minutes

🧾️ Download transcript

Summary

The cannabis industry has been making significant strides amid increasing legalization—but its growth is just getting started. And with Black Friday and Cyber Monday on the horizon, two retailers are looking stronger than ever. Frank welcomes Jason Wilson, a market veteran and cannabis banking and research expert at ETFMG, the leading ETF issuer behind the world's largest cannabis fund, MJ. Jason explains how and why he became a cannabis industry leader. He also breaks down state and federal government regulation… some short-term headwinds… and why massive industry growth is inevitable over the next few years. [32:00] Daniel Creech joins Frank to discuss whether they’ll be taking a COVID vaccine… and the incredible earnings results for Target and Walmart. Plus, bitcoin’s wild volatility as it looks to reach new highs… and why we’re still in the early stages of digital securities. [56:43] -------------------------------- Enjoyed this episode?   Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/   -------------------------------- Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/   : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ : https://www.curzioresearch.com

Transcript

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0:00.0

Wall Street Unplugged looks beyond the regular headlines heard on mainstream

0:06.1

financial media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.8

right to you on Main Street.

0:16.0

It's going out there, it's November 18th.

0:19.0

I'm Frank Curse, a host of the Wall Street Unplug Podcasts,

0:21.0

why I break down the headlines. And...

0:23.4

Tell you it's really moving these markets.

0:28.6

So it's been an interesting two weeks, right?

0:34.0

And last week we had Pfizer and Bioin tech report very, very positive data on its COVID vaccine.

0:42.0

Market popped on this news because their vaccine showed a 90%

0:47.0

efficacy rate.

0:48.0

So it's effective, 90% effective, which is amazing.

0:52.0

And to put that in perspective, the flu vaccine, which is distributed every single year, is around 40 percent, right?

1:00.0

It's a lot of different strains every single year, so it's, you know, to about it's a 40 percent, this is 90 percent.

1:04.5

And it puts in a class of the MMR vaccine, which is measles, most rubella, and together they're close to

1:12.0

the 90 percent range as well.

1:15.2

And if you look at measles months vaccines,

1:19.0

nobody goes out, right?

1:20.0

Nobody's worried about catching that, right?

1:22.2

So that's where you could look at where

1:23.6

COVID's going to be a few years from now not right away right a few years from

1:27.7

now. Now once this news was released what happened We saw the cyclical trade which is

...

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