 Hi guys, this is Rich from RichTVLive and I'm reading this article from Seeking Alpha and I find it very interesting and I wanted to get into it It says weekly cannabis report pot prices will start falling in Canada so they are predicting that the prices of Cannabis will start falling in Canada, which is a good thing because right now I don't see how these LPs can compete with the private sector. It's something I've been talking about for a long time Let's get into it. The cannabis sector drifted lower last week with major ETFs down one to two percent Canopy and acreage completed their transaction including the payout of US 30 million in cash to acreage shareholders Which means that deal is gonna happen people Nationwide sales jumped in Canada in April, which is positive But question remains on whether prices will start falling as supply surges This is a supply and demand issue The reality is as more and more companies keep getting license and keep coming on board There's going to be more competition, which is gonna force the prices down so people can compete and that'll be good for customers This is the weekly cannabis report on Seeking Alpha So the trading summary cannabis stocks declined slightly last week the horizons marijuana life sciences index ETF HMLSF in America HMMJ in Canada declined 1.7% and the ETF MG alternative harvest ETF Otherwise known as MJ is a symbol lost 0.9% just under 1% Meanwhile, the horizons US marijuana index ETF declined 1.3% after suffering heavy losses since its launch in April Canadian large cap Canopy CGC was flat after completing its transaction to acquire acreage ACRGF in America upon the US legalization so the deal will only be complete once US legalizes and Considering they're completing this deal. They must know that US legalization is happening. Otherwise Why would they be paying a 300 million dollars to shareholders? Aurora ACB gained 7% as it signed a definitive agreement to acquire hempco HMPPF in America HEMP in Canada till Ray TL our Y gave back some of its 29% gains in the prior week We discussed aphria APHA last week and why we think its valuation is attractive I also believe that aphria has huge upside from here Canadian mid cap hexo HEXO declined 6% after the research analyst at Oppenheimer downgraded the stock Organogram OGI and cantrust CTST both declined slightly without news and I like them both Today organogram did climb in America even though we're in a Canadian holiday today We saw a lot of American cannabis stocks do relatively well today Canadian small cap Vivo and VVCIF Has finally done a dead cap bounce after just going down what it seems like forever Bounce back 20% after losing 19% in the prior week MediFarm, MEDIF and labs in Canada rose 7% after securing 9,000 kgs of cannabis for white label production I do own shares in labs and I love them several small cap stocks jump double digits including Alifia ALEAF MD, IVITF and Zenibus one of my favorites ZBISF which also jumped today 13% and Oxley finally Oxley coming back from the dead CBWTF we are starting to see some of these stocks that have been getting crushed Finally come back. So you can see here a list of stocks. You can see they're one week one month three month and 2019 numbers Village Farms is up the most 239% followed by MediFarm at 198% and Balans GrowWorks at 175% the stocks down the most so far in 2019 are Zenibus still down 69% Invictus MD still down 42% and Tilray still down 34% Now if we scroll down US large caps US MSOs were mixed last week Cura leaf CURLF dropped 6% as it acquired two more dispensaries in Arizona love Cura leaf That is just a buying opportunity Cresco Labs CRLBF dropped 8% after a 22% rebound in the prior week Medman MMNFF continued its recent momentum and rose another 10% coming back from the dead Which we said it would acreage drop 14% after the X dividend date passed for its shareholders to receive $2.63 per share in cash from Canopy which is a 300 million dollar deal in cash and a bunch of stock Charlotte's web WBHF was flat after the big jump last week They were green today in America US small cap in international Liberty Health LHS IF rose 10% likely on the back of the recent opening of its 16th location in Florida Cushco KSHB rose 15% after announcing a new distribution center in Michigan I love Cushco at these look these prices green growth GGBXF dropped 5% despite announcing an expanded deal to sell its CBD products at a hundred and sixty one ANF stores now if we take a look at some of the biggest movers in 2019 Even though they've been getting crushed recently BAM is still up a hundred and forty three percent in 2019 IIPR up an incredible 172% and priced at a hundred twenty three dollars just insane growth for IIPR and What else here we've got planet 13 is up 74% in 2019 Industry news Canopy growth announced that they have received an outdoor growing license and completed the initial planting at a hundred and sixty acres site Canopy growth acquired key leaf a Canadian extraction focused company with a footprint in Canada and the US Aurora cannabis signed a definitive agreement for its previously announced acquisition of hemp go acreage and canopies successfully implemented their announced transaction and acreage shareholders received two dollars sixty three cents per share in cash Supreme cannabis SPRWF launched a new UK based subsidiary the focus on European CBD and wellness opportunities Love supreme cannabis cure leaf acquired its seventh and eighth stores in Arizona for 25.5 million love cure leaf harvest health HRV SF shareholders approved its announced acquisition of Verano, which is being delayed due to regulatory review love harvest health They put out news saying that they are going to generate around nine hundred million in sales in 2020 Which is just mind-boggling it would pretty much put them in number one in the world Keep your eye on harvest health till rate completed in import of its cannabis oral products into the UK Market using products manufactured in Canada many farms secured another 9,000 kgs of dried cannabis which will further expand its white label production capabilities Green Growth Brands expanded its partnership with A&F to a hundred and sixty one stores from the initial trial in ten locations Cushco plans to open up a new distribution center in Michigan to support its growing customer base in Illinois and Michigan Maine's governor Janet Mills signed a bill that will legalize the recreational cannabis market Which is estimated to be 100 million by 2020 now looking ahead Statistics of Canada announced April cannabis sales data and it showed notable growth from prior months as the supply Situation improves across the country and more retail stores are opened We think the Canadian legal market will continue to see growth However, despite the growth in overall sales We think the risk of falling prices will become more apparent as supplies continue to come online as we discussed before Canada's demand for recreational cannabis is likely around six hundred thousand kgs per year While the top 20 licensed producers are on track to produce over 2.5 million kgs per year Something's got to give folks Canadian cannabis legal retail sales. You can see in October 2018 was 41.5 in November 18 was 53.7 in December was 57.3 in January was 54.9 in February was 51.7 in March was 60.5 and in April was 74.7 million We think the Canadian market will face a wave of Canadian Cannabis over supply which will force the price to drop similar to what happened in several US states Like Colorado that legalized recreational cannabis for example government data showed that recreational cannabis prices have dropped significantly across Colorado Oregon and Washington after their legalization you can see here the drop in prices. I mean that's significant For investors the key would be to focus on owning diversified producers that will be able to benefit from higher-margin product forms such as vape pens Edibles and beverages. Let's really focus on that people LPs that lack the processing capabilities will face falling prices for their dried cannabis production before Commodization further pressures their margin Successful enterprises will navigate through the changing landscape by moving into more profitable segments of the market while leaving Unsophisticated growers behind we will continue to monitor Realized prices reported by LPs and identify when pricing deflation begins We think large caps with established extraction capabilities will be able to capture more of the high-margin product segments Let's keep our eyes on the prize you can see here some of the related stocks and This is the news from the cannabis sector, so we've had three months in a row of Losses in the cannabis sector. This is a very cyclical industry. We've seen this sector go up and down We've seen it go typically down for three months and then up for three months We had three good months January for every March now. We've had three bad months April May, June is This resurrection year. Are we gonna see three months now of gains in July August September? I believe we will stay tuned This is your boy rich from rich to be live if you're not winning you're most likely not watching We bring the winners we bring in the news and we bring it to you first This is from seeking alpha great article breaking down. What is going on in the sector? Thank you very much for watching hit that like button go to www.richdvlive.com to get all the updated news Everything you need to know about the cannabis sector 24 hours a day seven days a week You're able to look into stocks do your due diligence do your research get everything you need to know About the entire sector at www.richdvlive.com. Thank you for watching. We'll talk to you soon