 Hey guys, how you doing? This is Rich from RichTVLive and man, namaste. I mean these guys were the laughing stock for like months upon months upon months and then today They're the pride and joy of the entire cannabis sector up 12% Doing business with the BC government Taking orders from the government and The stock explodes with big revenue It's nice to see that with namaste because they've been the laughing stock for a long time And hopefully this is a sign of things to come for namaste Because like I've been saying you two guys for a long time, I think they're a good company I like their partnerships with Pineapple Express and Canmart and Now they're obviously working with the government and Doing business with British Columbia. So it's good to see that namaste is getting back on track after being Essentially a laughing stock for a very long time Very very long time. Namaste has been a laughing stock And I find it interesting that now they're going to explode when everybody else is going down namaste is going up Find that kind of interesting. I've never given up on namaste Heard a lot of people say a lot of different things about namaste But like I said to you guys before if the cannabis company Doesn't go bankrupt. It doesn't stop trading Then there's always hope there's always hope especially when the company like namaste has money in the bank and has Relationships and partnerships with the government and with huge brands like Pineapple Express and Canmar you have to assume that namaste is Going to eventually get it right and you're going to see the stock come back and that's what we saw today Up 12% they're now 55 cents. They were under 40 cents for quite some time in my opinion That was the best time to buy that was the 52-week low We see them go back up and then we see them come back down and now we see them go back up again So looks to me like they're doing whatever they can to try to turn this thing around I don't know what is going on on this Monday, but it's been a crazy day so far power failures car accidents Now I'm stuck you traffic. I know there's a lot of investors involved in namaste I know there's a still has a chance to be really good And I think I know there's a lot of people that think the namaste is a joke You know, we saw them go up 12% today on some really big volume. There's no joke about that And you know, this is this is a long game guys This is a long game one thing I'm learning about the cannabis sector. This is going to be a long game This is not a short-term game anymore Yeah, there was some early days where you could make a ton of money buying these stocks in the early days But now we're going to get more and more The stocks are going to get more and more real as far as they're going to get the prices are going to be priced in You're going to see real prices based on real revenue Based on real profit based on real growth potential The market is all-knowing and The market knows exactly where these stocks should trade and the market is essentially telling you right now Where these stocks should be trading? That's what's happening right now the market is telling us where they should be trading Based on where they are today Not based on where they're going to be in the future, but based on where they are today There are some examples of stocks that are still trading Really high Those are still due to the fact that they have a very tight share structure You're going to find that stocks with a tighter share structure are going to trade higher up because they're less dilution Man, why is there so many accidents today? What is going on here in Vancouver, man? What a nightmare? What a nightmare? Accident on the way in accident on the way out and this damn city's got one highway. What a joke One freaking highway Hey, Sherry. What's up? Investors won't play if they have to pay Well an investor has to think long-term if you're not thinking long-term that you're not an investor You're a day trader if you're a day trader, you know what? Maybe the cannabis sector is not for you Thoughts on gtb if I like green thumb a lot. They're one of my top companies. I think they have enormous upside enormous potential Absolutely love green thumb But Nemes day is one that I've talked about a lot and people laughed at me and people are like oh Nemes day is this and that mistake that But at the end of the day Nemes day is a company that has pineapple express Which I think is really great company and they've got can mart and now they're getting product shipped From the from the government of British Columbia, so you can clearly see that namaste is moving along They're moving along. Yeah, maybe they're not where you want them to be Maybe they're not a huge success yet. Maybe they've come back down from higher levels But when I first started talking about namaste was at 25 cents in Canada and currently today It's at 55 cents, so it's still higher than it was when we first started talking about them at 25 cents two and a half years ago still up Still up Well, I thought the sector run was coming in September and it started amazing in the first week of September and then Trump decided to put a war on vapes and That just messed up everything So now that Trump is going to war against vapes. I have no idea anymore I have no idea anymore. I Know it's coming. I just don't know when anymore because it seems as though this is taking over the news is all the health concerns with vaping and It's a big part of the sector, so this is definitely a new Dynamic a new phenomenon, which is affecting the entire marketplace and It's gonna take some time for this to die down Yeah, I believe so I believe that when the US legalizes cannabis the entire sector will explode the question is when will they legalize? Right now nobody knows Everybody's got their own opinion But nobody knows exactly when that's going to happen What I do know is the entire sector is under a lot of selling pressure No, I don't think a recessions on the way at all. I think we might be in for a correction But I wouldn't say a recession. No Not in my opinion Based on everything that I've seen and all the analysts that I've spent time with and I've researched and I've talked to you and I've analyzed everybody essentially is saying that That there's going to be a correction not a recession, but I might be wrong. You never know I Don't see a recession here in Canada. It's a very strong jobs market There is a strong housing market Despite the efforts of the government to slow down the housing market housing is still strong Jobs are still strong housing still strong So in my opinion, there won't be a recession, but they're almost likely to be a correction Rich got 10,000 ACV at 311 should I sell half? You guys got to make those decisions yourself. I Can't tell you what to do. You should sell half of this buy that I can't tell you guys what to do. I'm not a licensed advisor. I do like Kira and Trueleaf, but I also like Aurora So I think all three of them are great I wouldn't sell Aurora to buy Kira leave and Trueleaf because in my opinion They're three of the biggest companies and they all have enormous upside so Sell Aurora to buy Trueleaf and Kira leaf. Some people are selling Kira leaf and Trueleaf to buy Aurora So I don't know I don't really know what to tell you about that I would say buy all three Hold all three If they go down buy more That would be my opinion on it, but that's just my opinion. I Hold a lot of these cannabis stocks. So I'm not just holding one or two. I'm holding like 20 So my opinion is just if you are a cannabis stock enthusiast just buy and hold Yeah, I agree with you. I think the USA has more explosive potential. They've got 10 times the population So just from pure size, I mean you can't compete. You got one country with 30 million people We got another country with 300 million people. It's not really a fair comparison Canada cannot compete with America. It's for sure. There's no doubt about that There's absolutely no doubt about that America will Dominate the cannabis sector over Canada Hey, it's not a bad idea to put everything into Aurora cannabis because they're sleeping giant right now. They're getting beat up Perfect time to buy Perfect time to buy is when they're down. No, I understand. It's all good It's all good to ask me my opinion. I just think that To buy one great company and sell it and then buy another great company. I mean It's like you got a beamer and you got a Benz II I'm gonna sell my beamer to buy Benz II. Well, they're both really nice cars So I like them all I say buy them all. I think Namaste is one that people need to watch very closely and I think that Namaste could easily go to a dollar You know they're right now at 55 cents Wouldn't be surprised to see them go higher. I guess that a ton of money in the bank little to no debt Great relationships working with the government. I think there's a lot upside there smart thinking Robert Buying Aurora at the bottom if it goes down you're gonna average more So you're going into that trade with the right mentality And typically if you go into the trade with the right mentality, you will usually win. Yeah, man I'll get to buy these levels things will explode. I Think there's absolutely no doubt that we are going to see an explosion in the cannabis sector We got to get through this vape war now This is the new The new war against vaping Yeah, I think Aurora is gonna go way higher in the future, but the question is when I Don't know when but I think long-term they're gonna go way way higher You've seen you know between 13 and 15 before I think we'll see that again and then beyond that. I Don't know if it'll stay there But I definitely know what's going to get there just a question of not a matter of if but more a question of when Yes, sherry 21,500 subscribers Speaking of that, thank you guys for the 10 likes we get a few more. I would really appreciate it Stuck in traffic, so I thought I'd go live if you guys have any questions hit me up I'm not really doing much just nothing traffic as you could see I just interviewed halo labs. I'm gonna put that video out first thing tomorrow morning pre-market Yeah, I'm pretty sure we'll see Between 13 to 15 Aurora again in Canada Absolutely we will it's not a matter of if it's a matter of when Oh, this traffic sucks Vancouver is such a joke when it comes to the highways It's one freaking highway Thoughts on the Cresco acquisition You guys know I like Cresco. I think they have a lot of potential The weather's about 19 degrees overcast Not the greatest day Yeah, I think The only thing you can really do it this time is buy and hold Is the entire sector is pretty much down with the exception of like stocks that are going to be sneak attacks for a specific day And then you usually see them come back down We recently seen BAM have a nice run. We've seen Seneva have a nice run They first went down and they clawed back up Seneva came back down again today And this market is highly volatile Highly highly highly volatile Yeah, I mean it would be nice to see all that news for namaste roll in and I'm sure that the stock will respond in kind We have 15 likes sherry 19 people watching 15 likes. Thank you guys. I appreciate you guys. Thank you sherry for being here Hope you all have a great day. Hope you had a great weekend And I hope you have a great week I think that uh Good companies go down and good companies go up When good companies go down, that's the time to buy and when good companies go up That's the time to sell don't fall in love with stocks Fall in love with the money you're making Buy low sell high rinse repeat buy low sell high Data stock for a bit get a chance to know its tendencies get to know how it trades get to know its highs Get to know its lows So when you see that stock on the low, you know, it's the time to buy and when you see the stock on the high You know, it's time to sell Thank you guys for the 17 likes Oh man It was stuck in traffic all day Namaste is one of the biggest players of the day up 12 percent 55 cents in canada Minimum to have an acb is 10 grand in my opinion Yeah, I mean Definitely a good company to park your money Which is nice to see namaste back in the news after Being beat up so bad for so long being a laughing stock Firing their ceo and rehiring them again The company's been all over the place and it's um Just exciting to uh Be able to talk about these stocks And it's exciting to see namaste going up and turning around The question is do they go up from here or do they just come back down again get off the highway Oh