Update on MJ and How to Buy It
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 6 September 2019
⏱️ 11 minutes
🧾️ Download transcript
Summary
Learn what is new with cannabis medicine and how to invest in the MJ ETF.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Be wealthy and smart episode 612 If y'all know what I mean put your hands up and declare with me |
| 0:13.7 | yeah I'm full of bed I'm gonna live a good life I'm gonna live a good life |
| 0:21.1 | a beautiful and glorious life Step into a world of wealth of wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.3 | be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's Wealth Mentor. Empowering |
| 0:42.3 | Women and Men worldwide to Financial Freedom. |
| 0:45.2 | On today's show, we're going to talk about a cannabis update and answer a listener question. |
| 0:51.7 | So I wanted to give you a little bit of an update about cannabis because yesterday |
| 0:56.9 | happened to be my birthday and I got a great birthday present. It was that our favorite cannabis E.F. M.J. was up 4.3% that day. |
| 1:08.0 | Well, that may not sound like a big deal, but cannabis has been having a difficult time. |
| 1:13.0 | I think mainly because they're based in Canada, |
| 1:17.0 | most of the cannabis companies that are public are from Canada |
| 1:21.0 | and since the mining stocks have been on such a tear and are up 40 |
| 1:26.4 | 50% or more this year a lot of money rotated out of cannabis and into the mining stocks, leaving cannabis to be down 30% from its |
| 1:37.8 | highs. |
| 1:38.8 | Now if you've been listening to this podcast, you know that I cautioned you from buying at those highs and I talked |
| 1:46.4 | with you about waiting until cannabis had dipped to a lower price so that you could |
| 1:51.4 | buy it on sale. Well, we finally have reached that point where |
| 1:55.3 | cannabis is on sale. And there's some very exciting things happening and some new |
| 2:00.9 | news that I wanted to share with you. |
| 2:03.0 | Here's a little clip from an article on Yahoo Finance written by Xavier Haas Benzinga |
| 2:10.0 | and he said this week the US Drug Enforcement Administration, DEA, |
... |
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