Now Is the Best Time to Get Back into Cannabis Stocks

Last year, I joined the Advisory Board of the National Institute for Cannabis Investors to offer my technical analysis and experience to traders and investors interested in breaking into this exciting new space.

Unfortunately, for many investors, that excitement has dimmed in recent months.

Anyone that has even had a passing interest in the cannabis industry knows what a tough time the last year has been.

While everyone has been so focused on the massive losses in the cannabis industry over the better part of the last year, what's getting lost in the hysteria is that there is light at the end of the tunnel.

What you have to keep in mind is that the entire cannabis industry is still very new, relatively speaking.

Most new industries have gone through their fair share of growing pains before the major players emerged to make huge profits for not only themselves, but their shareholders as well.

Coronavirus: The Media Has You Looking at the Wrong Things (Again)

As of Tuesday morning, the spread of the coronavirus has claimed 106 lives.

And while the response to contain the virus has been quicker than in past instances, many are concerned about the market impact of the infectious disease.

History tells us that we likely won't see a significant impact outside of some short-term headline risk.

This outbreak has a Reality Gap much like past ones – driven more by the media's need for viewers and readers than by the reality of the situation.