Analyst Dimitry Zaytsev shares his thoughts on the security options provide investors in a highly volatile market like cannabis. Zaytsev believes there’s very little institutional participation behind the space’s current rally and believes company’s like Tilray are being buoyed by retail momentum players. Zaytsev questions current valuations and sees a lot of execution risk in the Ontario cannabis market because of black market enterprises and the “head start” such operations have over LPs for recreational dollars. Zaytsev anticipates a sell-off soon with subsequent new lower highs and explains what it means for the industry. Zaytsev addresses the mining industry, highlighting junior miners as a potentially lucrative, low-risk investment option.
************************
Check out our website:
https://midasletter.com
************************
SUBSCRIBE to our YouTube:
http://bit.ly/MidasLetterYoutube
SUBSCRIBE to our Newsletter:
http://bit.ly/MidasLetterNewsletter
Download Our Podcast on iTunes:
http://bit.ly/MidasLetterPodcast
************************
Follow Us on Twitter:
http://bit.ly/MidasLetterTwitter
Like Us on Instagram:
http://bit.ly/MidasLetterInsta
Like Us on Facebook:
http://bit.ly/MidasLetterFacebook
************************