 Hi guys, this is Rich from RichTVLive and the cannabis stock market has really been crashing hard today And there's reports that have come out that saying that the provinces of Ontario, Quebec, Nova Scotia, British Columbia and Alberta have come out talking about the amount of sales that they've already generated This is on BNN Bloomberg, the marijuana section of Bloomberg And they're reporting that on the first day of sales, Ontario had 100,000 sales Quebec had 42,500 sales, Nova Scotia had 12,810 sales British Columbia only 9,980 sales and Alberta 8,300 sales of legal cannabis. Now In British Columbia here where we are, they have not stopped selling illegally. So all the illegal operators are still operating So that's why I'm not surprised that that number is so low But there has been shortages. There has been all kinds of issues with the rollout So I'm not surprised that we are seeing an epic crash. Look at this. In Canada, the Canadian index, the major index for all the top cannabis stocks in the sector has crashed Dramatically today 10.49%. This is huge. This is a massive crash. It literally hit a record of What was it? 900? Yeah, it literally hit just around 900 a week ago And now here we are A week later and it has crashed dramatically all the way down to 645 So from 900 a week ago It has come all the way down Look at this. Can't reach there There it is There we go. So it hit 892 Last Tuesday Okay, and here we are a week later and we are down to 645 so It's Very aggressive how this market goes up and down with so much volatility The volume in this industry is very high All the top stocks are down a rara cannabis down 12 at 1142. This is in canada Canopy growth cgc at 41 81 Down 10.76 percent the volume is still staggering 33 million shares in volume with a rara 11.91 million for canopy he xo down 11 percent of 5.96 percent 8.81 million shares aphria eight points 8.02 million shares have traded at 16 dollars and 45 cents now down 10 percent Cron cronos group eight dollars and 76 cents down 9.73 percent 7.6 million shares trading there on the nazdak namaste at 195 down 12 traded 5.3 million shares oxley xly at 103 Falling quickly down 11.97 percent trading 4.67 million shares hip getting Smashed at 55 cents down 12 2.97 million shares have traded there fire Wow down 14 at a dollar 55 2.71 million shares med man mmen down 14 Traded 2.32 million shares so all the gains they gave us they just gave right back So yeah, it's a big news everywhere. You look everything is red like everywhere Everything is literally red. So this could be an amazing buying opportunity These shorters may have to cover at some point. What do you guys think follow all the breaking news at rich tv live.com Hover over news get all the top marijuana news Bloomberg news new cannabis ventures news marijuana index news Rooters bbc news cbc news cnn news get all the top Stock information you need absolutely free right here under stocks. You want to learn about our secret groups? We're talking stocks 24 7 join our groups. They're all free This is your boy rich if you're not winning you're not watching This is a bloodbath. It's true, but we'll get out of it. We've had a huge explosion in the market Now we're having a retraction. This could be an amazing buying opportunity. This is accumulation nation This is your boy rich. We're at war We're in the red deep red buy in the red could be the buying opportunity But i'm sitting here watching not sure yet might go down more Let's keep an eye on it, okay Let me know what you guys think if you like this video smash the like button share the video everywhere Comment down below. Do you think this red will continue? Are you buying today? Do you think we'll see green tomorrow? We've seen red for four or five days in a row now after months of Momentum and a massive bull market leading up to legalization right after legalization We are now seeing dramatic red. What do you guys think? Let me know. I want to know what you think about this Comment down below. This is your boy rich. I am holding my positions. I have not sold anything I am buying okay, and I will continue to we will continue to monitor the situation Thank you for all your support. I love you guys. We'll see you soon. Peace