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Retail Investor's Perspective
Did this CIBC report mark the end of the bear and the return of the bull? Please take caution that I tested that link and it does upload the CIBC report however I have not reviewed the host site for integrity. If you use that site for anything other than to access the CIBC report you do so at your own risk and that site is solely responsible for any required permissions with respect to its rights to offer the CIBC report by means of free upload.
Building off that CIBC report, the spillover economic benefits are projected to be just as stellar. This article is US/Global focused but its principles apply here in Canada. The CannaTourism industry alone could, in time, add hundreds of millions of dollars spread across local economies throughout Canada.
As this month’s “From the Retail Investor’s Perspective” article highlighted, the increased volatility of the market coinciding with the recent and persistent bearish trend has brought the charlatans out in full force whether it is extremely bullish yet unfounded sentiment or the doom and gloom bearish perspective. With respect to the latter, it is somewhat disturbing to see platforms such as Seeking Alpha being used by some to spread what may be untruths and/or defamatory statements.
We need to look at the facts – good and bad. It is that simple. Last month, we reminded our readers that there is a 700,00kg forecasted gap
between supply (300,000kg) & demand (1,000,000kg) during the first year of th post prohibition era. This fact subsequently appeared in the May 2018 corporate presentation of Ravenquest Biomed Inc (CSE:RQB).