Hi,

There was a big correction in the cannabis public markets last week. The good news is that the cannabis and CBD markets are still growing rapidly domestically and internationally. I'm not sure most investors realize how much cannabis is going to disrupt alcohol, pharmaceuticals and possibly many other industries (plastics, construction, clothing, etc.). California’s governor vetoed cannabis in hospitals but passed a law helping cannabis companies deduct expenses. Hopefully, other states will follow. UCSD is launching some interesting CBD studies and the State of Washington, caught up in the hype, has banned CBD, THC and nicotine flavored vapes. This should stop the massive amount of kindergarteners banging on the windows of dispensaries. Yes, I'm being sarcastic. 🙂

Have a great week!