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Retail Investor's Perspective
Just before the official start of the bear run (around Jan 24th on the 1st graph) we reminded you, our readers, of the importance of getting back to basics and to continuously monitor your portfolio. We revisited the SPIRO principle: Sell for Profit, Invest for ROI and Opportunity. We also introduced another principle consisting of five words: Monitor, Analyze (or Assess), Respect your Intuition, Always. “Always” was defined as continuous feedback loop … this has to be ongoing.
Last May, days before the Heath Canada announcement that is was expediting the approval process and would be relaxing some of the barriers of entry (costly vaults, etc) we predicted just that. Our readers were not at all surprised when Health Canada made the announcement although speaker after speaker at the LIFT Expo in Toronto were. We have been discussing Hemp for two years now in the US and Canadian editions and in that same issue last spring we predicted Aurora Cannabis would enter the Hemp industry and just days after they did.