Podcast with Ted Ohashi MBA, CFA of 'Let's Toke Business' Talking about Canadian Cannabis Stocks
Point Roberts, WA and Delta, BC - February 16, 2018 (Investorideas.com Newswire) Investorideas.com, a global news source covering the cannabis sector releases a new Podcast featuring expert and newsletter author Ted Ohashi, MBA, CFA.
Despite recent uncertainty in the stock market, the future of the cannabis sector still looks promising according to writer Ted Ohashi.
Ohashi, who publishes the weekly Let's Toke Business newsletter and three indexes, acknowledges the volatility displayed by the market last week. Ohashi pointed out however that the recent drop follows several months of considerable growth.
Listen to podcast: http://www.investorideas.com/Audio/Podcasts/021518-LetsToke.mp3
Ted Ohashi MBA, CFA of 'Let's Toke Business' Talking about Canadian Cannabis Stocks
"I've created three proprietary indexes," he said. "One is the Marijuana Composite, which is an overall measure of the market. There's over 100 companies included there. I have a licensed producer index and also a low-price stock index. All of those indexes are down around 10 percent from their January peak and that follows on the tail of 40 to 50 percent increases in November and December. I think we've clearly entered into a more volatile stage in the stock market. The Dow fell 1000 points on one day last week, so it's not just the cannabis stocks, it's all of the market."
Ohashi said the cannabis sector will benefit from Canada's planned legalization this summer, whereupon there may be a lot of initial excitement before the market stabilizes.
"This is a big year for Canada because legalization is scheduled to happen around mid-year and a lot of people are excited about that," he said. "From the market's point of view, oftentimes when there's a big event like that, the market will move up in advance. I expect the market will flatten out a little bit as we pass through the actual legalization. Then starting again, maybe in the fall, things will pick up and get more exciting."
Ohashi said the current leaders in the cannabis space stand to gain the most early on, while smaller less adaptable companies may not be able to succeed.
"I think clearly the big winners are going to be and they have been all along, the licensed producers," he said. "That is, those companies in Canada that are licensed to grow cannabis. They are the ones that have been raising the lion's share of the money. They're the ones with the capital to expand both domestically and more recently internationally."
"You have a handful of the larger companies that go on to great success, you have some smaller companies that also succeed but you also have a lot of smaller companies that just can't make the economics work for them and they fall by the wayside."
However legalization ends up impacting the sector in the long term, Ohashi said that cannabis is here to stay.
"The cannabis genie is out of the bottle and it won't be going back in," he said.
Read the most recent edition of Ted's newsletter:
To learn about subscribing email: firstname.lastname@example.org
Enterprise Group, Inc. (TSX:E) is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries. The Company's focus is primarily construction services and specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management, and human resources to support continued growth.
About Investorideas.com - News that Inspires Big Ideas
Investorideas.com is a meeting place for global investors, featuring news, stock directories, video, podcasts, company profiles, interviews and more in leading sectors.
Investorideas.com cannabis/marijuana and hemp content now includes http://cannabisstocknews.blogspot.com on Blogger.com: the Investorideas.com news and stock directory pages, a cannabis investor group on Linkedin.com , the 420 Cannabis Investor ideas www.420cannabisinvestorideas.com, and the AI site Global Cannabis Investing at www.Globalcannabisinvesting.com
Visit the Podcast page at Investorideas.com: http://www.investorideas.com/Audio/
Subscribe to Investorideas.com Podcast RSS:
Services for Publicly traded companies: http://www.investorideas.com/Investors/Services.asp
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure : Enterprise (TSX:E) is a paid PR , news and social media client on Investorideas.com more details : http://www.investorideas.com/About/News/Clientspecifics.asp
Contact Investorideas.com 800-665-0411
Marijuana / Hemp Stocks
At Cannabisinvestorideas.com and Investorideas.com
Like Marijuana / Hemp Stocks? View our Marijuana / Hemp Stocks Directory
Join our Group on Linkedin - Marijuana / Hemp Stocks - News and Trends in Green Investing
Also check out our AI blog Global Cannabis Investing - features Investor Ideas Cannabis news