SAFE vs VAPE (Good News vs Bad) - Market Update - Sept/25/2019

We are back with a PACKED Market Update: 1) Breaking down the HISTORIC passage of the SAFE Banking Act (by the House) - How it happened and Why it matters - The road ahead (goes through the Senate) - Benefits of the SAFE Banking Act - Why Traditional Bank Financing would be a huge positive for US Cannabis companies 2) Exploring the Vaping Health Epidemic (is it really an epidemic?) - 350 cases with 8 deaths so  - How bad is this? How aware is the general public? - What's the cause? Vitamin E Acetate? The Black Market? - How much should investors care? Is this just a blip? - How simple and negative news can spread far and wide - Why Vaping is so important to Cannabis Companies - Massachusetts' 4 month ban on ALL vaping products (who's next?)  3) Pennsylvania and the Tri-State Area (NY/NJ/CT) Going Full Rec - 4 neighboring states all looking to go rec in short order - Why New York wants the other states to share the same rules - PA = 21M people; NY = 19.5M - All 4 States = 53M people (1.5x Canada!!) 4) CIBC says Canada Sales Estimates are WAY too High - $6.5B of 2020 Sales reduced to $2.2B (1/3rd of original) - $7.5B of 2021 Sales reduced to $3.3B (44% of original) - People online bashing CIBC over this. Are they right? - Are these numbers accurate? Let's compare to real numbers - What this means for the Canadian market - US sales vs Canadian sales Closing Thought: Long-term focus and being patient - This is a 3-5 year investment play!  - Don't get caught focusing on the ups and downs