 is also to see a brave and pleasant by a man joining us from Kelowna, BC. Good to be with you, George, today, thanks so much for your time. And why don't, given your background, given the fact that you were brought in to bonafide on the back of a problem, give us a little bit of a background in terms of what happened and why you're the key person? Well, at bonafide, we had a couple of issues. They had some unauthorized cannabis come in. And really, there had to be a process to really just think of a quick action process to gain the respect of Health Canada and show them that we are moving in the right direction. And that direction included, you know, removing some senior executives there and one board member. And then really working to establish that relationship of trust with Health Canada again. How difficult has that been? And of course, we're talking about this in light of CAN trust. Yeah, first off, we don't do any work for CAN trust and I don't know anything on the inside. But the work is rather difficult. There are these three words to really describe what Health Canada is looking for from our internal processes that we use as a consulting company. Say you have to do it to prove it. So you can say that you're doing something, you have to do it, then you have to prove it. The real long part of the task of going through something like this is demonstrating on multiple occasions that turn batch records and through operating on your SOPs and quality control documentation that you can actually do it repeatedly after you've made your mistake. And when you think about CAN trust or we think about CAN trust right now what kind of information do they need to be providing to Health Canada? What needs to be in this report? Well, we're going to have to explain in detail what actually happened. What was the process that went through to get them to where they're at today? So this investigation should be very inclusive of making sure that they've looked at internal documentation such as emails. They probably have reviewed some of the batch records. They've looked at internal processes and documentation that told employees what to do to move Canada into those unauthorized rooms. The end part of that report will be very clearly how they think they're going to change that. And then I want to believe what happened is Health Canada will come onto the facility in the very near term to actually take a look at and do their own investigation. In your opinion, how has CAN trust handled the situation? You know, I've been looking at it kind of from afar. I think they need to do some more things. They're going to have to take a more harder look at how did some of the financials get signed off with some increases in production? How did some of the biological assets increase without any increase really in production? They're going to have to answer those hard questions because they're publicly filed documents and signed off by the board and also by the CEO and the CFO. I think post that, I think what they're really going to have to do is take a hard look at how this needs to fail management system or what we call the tracking system. How could you have moved that cannabis through that management system and not only got it into the vault, but how did you actually sell it and put it out into Denmark and out into the Canadian population? You mean without knowing? Without knowing. And with that being said, they're going to have to try and figure that out and peel back that. I mean, the problem really comes down here. There's standard operating procedures or SOPs that tell people what to do. And if there's a case here where management or someone under control told the employees to do something different than the SOPs, that's a long, hard argument to explain to Health Canada how you're going to fix that up. How difficult is it in terms of the operation? It can be very difficult because in what we've seen at Bonfi is we have to go back and build confidence back into the employee base that they can actually run to the SOPs. From a business standpoint, it's extremely tough. You lose your revenue for a very long period of time. You're burning through cash. And then hopefully you can build up some inventory if interest can maintain their cultivation license. You want to try and build up your inventory in your vault. And then at that point, hopefully, you can return to revenue by getting your sales license back. But I think they have a long road to go. I think this is going to probably be 8 to 12 months minimum. Wow. Going back to one moment in terms of the SOPs, Standard Operating Process. Oh, fucker. Within the cannabis industry. Come on, can't trust me. It's not much more difficult than any other industry in MS. And because, you know, obviously there's been a big mishap here. That's wrong with you guys, man. 8 to 12 months? People are still learning how to go about doing things. Would you make that case or no? No, standard operating procedures. I've been working in the regulated spaces from working with the financial side and debt banking, healthcare. These standard operating procedures are quite normal. But when you're in a nascent industry with potentially people who use creative entrepreneurialism to try and think that they can get around the SOPs, this is where the problem comes in. No, standard operating procedures have been used in the food industry and in the hemp industry, the cannabis industry can run for them. And there's a lot of great companies today running through those standard operating procedures without mistakes or faults. So, George, how shocked were you then when you heard this news? You know, I always looked at CanTrust as a really great company. I was really, really quite shocked. But I'm starting to see a trend. When you start to see things happen where management gets trained and changed out, and you start to see management teams that are not really agriculturally based and don't understand the agricultural side of the business, then we start to see mistakes. We've seen it at ascent holdings or agreement. We've seen it at bona fide. I think we're starting to see that CanTrust. I think highly of CanTrust, hopefully, they can get through this. Give me a little bit more sense, though, in terms of why you need to understand the agri-side of the business. It seems like a different conversation. Yeah, you know, because, you know, to make a good wine, you have to have a good grape. To make good food, you have to have good food ingredients. To make a good CanTrust derived product or good anything out of CanTrust, you have to have a really good plant material. So, you know, you really have to understand how to grow, how to grow effectively and how to build your industries first and foremost. This is an agricultural business that after the agricultural is done, then you start to make a good business. In all three cases, with the fence and with bona fide and with CanTrust, it all happened around the growing side of the business. Let's just go into a little bit more detail here in terms of a green of botanicals. They did get their license pulled from Health Canada earlier this week. First time that it's happened in the sector, what exactly happened in that case? And a lot of people are wondering if it can happen again. You know, there are all three cases that are similar but different. I know that sounds weird. But in the greenest case, it seems as though based on the stuff I read from Health Canada that some of the product was leading to being sort of appropriately in its tea-to-sale system or its tracking system. So it looks like they were sort of allowing products to get out into alternative markets. So I think from that particular case, they tried to help Canada from what I've seen, give them all the opportunities to truly look at re-establishing their license and apparently they just didn't get over the bar. And then thus at that point, the assets were sold out to another company. So their Canadian assets are no longer in place. So revoking the license made them. Was there a high bar for Health Canada to pull a license? Yeah, it's a very high bar. It's very difficult in any regulated industry to pull the license. You have to be able to be able to show that there was no other path for them to accept back to getting their licenses back. In this particular case, I think that was very, very difficult. I think in the industry in general, there is a set of filters in the Canada side. And in that process, you get as a licensed producer or standard cultivators to refer to now, you get the opportunities to take your claim and your case. If you can, well then the revocation is real. Health Canada, don't take away and catch the price, please. As we see this nation industry grow and into your point earlier, not everybody has the background. I don't think we're over yet. I've said it a couple of times before on air with BNN and the group and I'm going to say it again. I don't think this is the last one. I still think there's still more to come. I think the smaller producers are doing extremely well. I think some of the larger producers are too motivated by production numbers and potentially revenue rather than doing the hard things by blocking and tackling every single day to do the right thing from the cultivation respect more to come ourselves. Interesting. And what's your sense in terms of how institutional investors are actually looking at the Kansas situation? It's also listed in the United States. Do you think the US regulators might get involved somehow, some way? I think so. I think there's going to be some things going on. There's been calls from funds out of the US this week. It's kind of been a busy time to be on vacation but taking those calls. I think there's more to come. I think people are very interested to see how this could happen. How many different paths of signatures, sign-offs and what was going on in the businesses was made to the public in file and why didn't some of the senior management know what was going on. At Ravenquest, we're very good at finding out how these problems happen. I look forward if I receive the call and address in helping out. Just lastly, George, do you think Health Canada is well-prepared and knowledgeable? Yeah, you know, they really are. I mean, they have... This is a self-regulated system in Canada. That means you're supposed to report when you have your own problems. So they're not going to be coming in there every single day to check on what's going on. You've earned your licenses based off of what you said you were going to do and you've set it up, done it, and proved it in the past. I really think Health Canada is in a great place but they're going to be motivated by two things. Keep the province safe. And number two, make sure to keep it under the hands of young children or kids. It's the same thing that's always been the case where we're ringing up for bona fide and now camera. And they're going to have to take a serious action on it. But they're well-prepared and they know exactly what to do. I've worked with them through the bona fide case. They're a great team of lots and lots of people who look at the problems and can come up with some great questions to find a way to solve your suspensions. Okay, good to know. George, nice to be with you. Thank you. Thank you. That's George Robinson, acting CEO of bona fide. He's also the CEO of Raven Quest Bioman joining us from Kelowna, B.C. Stay with us. We're going to have a U.S. perspective on the travel to Kent Trust Company. We'll be right back. BNN Bloomberg Radio. So that was a Canadian perspective on the Kent Trust issues with Health Canada. And now they're going to... That was BNN Bloomberg. And now they're going to have a U.S. perspective on what's happening with Kent Trust. So essentially Kent Trust is... Today is the deadline for them to report back to Health Canada about this instance. So essentially Health Canada doesn't do random testing. They've allowed the Canadian companies to report back to Health Canada at their convenience essentially once they've received the license. Now I believe because of this finding with Kent Trust that they're going to start realizing that maybe they need to do random testing. Maybe because the way they've been operating allowing these LPs to have so much freedom has given them the room to try to pull these types of moves. Has given them the room to try to make these types of mistakes. Has given them the room to essentially operate illegally. And that's why we're seeing other companies now start having some issues as well. The reality is there's going to be more. There's going to be more and more of this. And I think that the solution is Health Canada needs to start doing random testing of their licensed producers. Whether you're a small, medium, or large-sized producer. I think Health Canada just needs to do random testing and literally just start walking in the facilities. Why not? Then they're going to be able to eliminate all of this nonsense that's going on. And it's going to protect the industry because there's nothing after you bought the stock and then by the time you figure that out you're already down 20-30% on your position. How is that fair for investors? It's not fair for investors. So I understand Health Canada's concern is to protect the public and make sure there's good products on the shelves. I also understand Health Canada's concern is to protect the youth. At the same time, what about the investors? Is there a concern to protect investors? Or is that not even a concern? If Health Canada has any concern whatsoever about protecting investors then I think the best way to do it is to actually go out there and do random testing. Just do random testing. If you do random testing Health Canada then why would an LP even take that risk knowing that at any point in time you could walk into their facility and start testing their product? I think that's the way to go. It's going to deter people. It's going to give them that cloud of doubt in their mind before they try to do anything that is above board that isn't above board. So I think that that is the solution and it's going to be interesting to see what the Americans think. Let's see. I think that the company must want to be compliant and must commit to this because the allegation here is not only did they grow marijuana in unlicensed rooms but then there's another allegation that's been tested. They've verified that they created walls to hide the product. So I think that's the solution and I think that's the solution and I think that's the solution to hide the product. So in a case like that where does compliance come in if that isn't even true? It comes at the board level, Greg. This is spooking shareholders at the core of it. This is hurting the stock value. It's hurting the company. The future of the company is unknown at this time whether or not it's going to revoke the license and cancel or suspend it which I think would be a big mess for the industry or whether the company is going to be forced into an acquisition and the compliance has to come from the board level. We need better governance. We need independent board members. We need more diverse boards and then the management at the CEO level and the operations level has to be instilled into the values of the company so that every hourly worker is aligned with that and we're taking the right logs and we're recording the right information and we're tracking the right data during that cultivation process. I'll also mention on the tech side that we've been focused so far on the post-harvest process. We have seed-to-sale technology that's pretty widespread in this industry already but it's only focused on compliance after the product's been harvested. The reason is that it's been a big taxation issue. We want to make sure that we have the right quantities being taxed with the right values and that's okay but now we have to turn our attention to the cultivation side and make sure that the plants while they're growing and while people are handling them and the right product is actually being regulated correctly before it even gets harvested. Is there something about this industry about this crop marijuana in particular that makes it some compliance issues more difficult than traditional crops or is it simply just the newness of the industry? It's just the newness of the industry and we see these issues in the produce industry all the time. We work with strawberry growers lettuce growers whether it's a head of lettuce that you're concerned about romaine outbreaks or cannabis getting mold and being released to consumers and if we've learned anything from some of the lettuce outbreaks recently we still have this issue of traceability and understanding what's going on at the field level across almost every industry that touches consumers so it's probably not a surprise that compliance is going to be an issue and industry that's a lot higher margin with a lot of shareholder attention right now especially in the private space and so we have to get this under control in the cannabis industry and in every other industry but we can take lessons learned from other industries and start to carry those over to the cannabis industry and stay with us when we come back we're going to take a quick look at one influential hedge fund call on gold we'll be right back This is B&M Bloomberg So I always listen to B&M Bloomberg because they always have a very good opinion on the markets and obviously they got their hands their thumbs on the pulse so you know you're born rich here I like to bring you guys the news you guys first CanTrust is reporting to Health Canada today and they've got a report on their debacle that they've created that has cratered their stock and essentially an omission of guilt that they built walls and we're hiding 12,500 kgs of cannabis from Health Canada now I'm finding out that Health Canada has been allowing these licensed LPs to report to them on their own accord no wonder they're all doing illegal activities they never had to worry about Health Canada ever doing a random testing of their facilities Health Canada if you're watching Rich TV Live start doing random testing just like athletes at the Olympics you start doing random testing and you're still going to cheat but then you know the people that get caught they got egg all over their face they get their metals taken away they get shamed and essentially it gives other athletes the confidence that hey you know what I got to do this the right way because if I do it the wrong way I could get caught I think you know just putting that little bit of cloud of doubt out there and we'll see a lot less of these scenarios occurring in my opinion as far as where I think cantrust goes from here I'm really concerned about cantrust I think this is a major black eye for the entire industry I don't believe they're the only ones there are others like they just mentioned Bonify and Ascent Industries who have both lost their licenses due to non-compliance issues in the past it's a big negative the gentleman that came on from Raven Quest and Bonify said that he believes it's an 8-12 month process now for cantrust to get back to where they were that's a big blow that's a big blow 8-12 months you guys just lost a year that is crazy they're going to lose a ton of revenue they're going to lose a ton of clients a lot of those patients are going to go to other licensed producers because they're not going to want to wait for 8-12 months I mean this is brutal what is happening right now thank you guys for the 8 likes I really appreciate you guys and thank you guys for watching just trying to share with you guys my opinion I'm on my way to the office I'm going to be interviewing and doing a video on high tide HITI is the symbol it's one of the new companies that I'm going to be covering take a look at high tide guys I think they have a lot of potential they're at a really low price and I think they could be a really good company I will be interviewing them soon today I'm just going to be doing a review on the company and it won't be live it'll be an edited video I believe I might go live we'll see but I'm headed to my downtown office and I heard that B&N was going to be talking about the Cantrust Fiasco so Cantrust is going to be dealing with Health Canada today today is the deadline for the report from Cantrust reporting back to Health Canada about this Fiasco great I think there's an accident here yeah guys don't be surprised that they're doing this the reality is I think there's a lot more other companies doing it too the question is how is Health Canada going to stop it and if they can't stop it how are they going to manage it how are they going to minimize it what is Health Canada going to do to change this not happen in the future so that shareholders can be protected and we can have a better regulated industry that we can be confident investing into because why would anyone want to invest in an industry that is riddled with illegal activities riddled with shady dealings it's definitely going to make people steer clear and stay clear of this entire sector and say you know what I'd rather invest in gold I'd rather invest in silver silver had a nice breakout yesterday I'd rather invest in silver I'd rather invest in gold I'd rather invest in tech companies I'd rather invest in oil and gas some people might even think that they'd rather invest in crypto as crazy as that sounds with all the shady dealings that have happened in crypto but man we're taking a illegal industry that is now becoming legal and you had to anticipate that this was going to happen I've been talking about it for years I said listen this crossover of illegal to legal is going to come with a lot of infractions a lot of illegal dealings a lot of bad bad actors and I'm not surprised I'm surprised it was cantrust because they're one of the biggest and I never anticipated them to be one of those guys never ever ever well I'll not just say guys one of those companies never anticipated it would be them I mean it's hard to predict who's going to be the one right unfortunately it had to be one of the biggest licensed producers in Canada one of the biggest licensed producers in the world and that's the part that is so shocking that's the part for me that is so shocking is that we're talking about a company that has a ton of money in the bank and a company that to be quite frank is one of the biggest licensed producers in the world and now they're going to have to step back for the next 8 to 12 months to clear their name and prove themselves to be a good company that people can believe in and people can invest in and people can trust the funny part about this whole thing too is that look at their name I mean how ironic is that your name is can trust and now we know we can't trust you I mean that's as ironic as it gets as far as I'm concerned there's so much irony there it's just crazy yeah I don't really know what to think about this whole thing I don't like it at all I'm not surprised I'm surprised it was can trust I thought it would be some smaller LP that nobody really pays attention to that would be getting the headlines or doing something like this I didn't think it would be a top 10 LP in Canada and funny enough now can't trust is saying they want to focus on doing business in America I wonder why they announced that right before the news came out that they're having issues with health Canada but are those issues health Canada's issues or are those issues that's the million dollar question as far as I'm concerned so it'll be interesting to see how quickly health Canada responds and what will be the ultimately what will be the the decision are they going to take their license away are they going to find them is it going to be a loss of license and a fine health Canada are they going to be taking away other licenses so it's going to be interesting to see what is going to transpire from all of this I don't think it's good I don't think it's going to be good regardless of what health Canada does I can't see them doing something good I can't see anything good coming out of lying about having 12,500 KGs growing behind walls it's so short-sighted I believe Bloomberg said that the estimated cost of the cannabis is about 70 million dollars so they've got like 70 million dollars of weed just sitting on the sidelines 70 million dollars of weed 70 million dollars of weed sitting on the sidelines and they're just trying to figure out what to do with it it's craziness it's absolutely crazy I say give it to the people give the weed to the people sell the weed give the money to the people give the money to the patients give the money to charities cannabis education cannabis research do something positive with this don't just find them and pocket the money health Canada I mean I'm just speaking out loud but that's my opinion love to hear your opinion if you liked this video smash the like button thank you guys for the 16 likes thank you so much for watching and I'll see you next time bye I have no idea where they're at right now because I'm driving at one point I was up almost 5000 dollars in one day I contemplated selling I didn't I kind of regret it now I'm not going to lie because it came back down but I believe it's going to go back up I'm not too worried interesting day in the markets BILZ going up Neptune going up Neptune wellness going up and Saniva going up last time I looked yes very good points very good points yeah I love to get your guys opinions on this please comment on this video smash the like button share the video everywhere the big news is Cantrust is reporting to health Canada today it's findings on its own illegal activities kind of interesting so I'll be interested to see what the fallout is of this entire event Kira on, is Kira having a nice day today? please guys let me know I'm driving what's hot right now, what's up what's blowing up, what's green let me know anybody know what the price of Saniva is or BILZ or Neptune all three of those were green today they were having big days just wondering if they're still flying can you have a shout out let's give a shout out to Wildcat are you a Wildcat what makes you so wild thank you guys for watching, thank you guys for joining big news of the day, we were just listening to B&M Bloomberg Cantrust is reporting their findings of their illegal activities to health Canada today so hopefully we will have some type of resolution to this sooner rather than later Sanivas at 239 Canadian now really jeez they were all the way at 278 and now they're all the way down to 239 definitely a selling event today that's for sure you liked and sub, thank you very much yeah Aurora's been down big today Aurora's been down big today I think that's a great buying opportunity for Aurora Cannabis I think anything under $10 in my opinion for Aurora is a great price and if it goes under 9 that's even a greater price so I would definitely be looking at Aurora very carefully right now Netflix is down 11% right now Netflix has been getting crushed Netflix is down on news that for the first time in 10 years didn't have growth their growth stalled for the first time in 10 years so obviously the stock is going to go down hope you guys are having a great day looks like it's a red day overall in all the markets including the cannabis sector that's a buying opportunity guys when the markets are red that's when you buy and when the markets are green that's when you sell in retrospect I probably should have sold my Saniva today but I knew that I was going to be going downtown and I wasn't going to be around so I didn't want to miss out if it went higher apparently it's going lower now I'm still up so I'm okay but probably in retrospect I should have sold when I was up almost $5,000 this morning I could have literally sold and then on this next dip I could have bought it again that would have been nice back in the 230 range so I'm kind of surprised that it's back to that level but I mean it was at 230 yesterday so it's not like it's doing anything surprising it had so much momentum in the morning so I'm kind of shocked but I think because the entire sector is red that it's probably pulling Saniva and everybody else down with it which I think is going to signal a buying opportunity Wayland got crushed today what else guys what else Wayland is down 30% yeah I would say that's a crushing that's a good crushing damn you guys see BILZ yeah ignite up 12% yeah I'm not surprised that Cantrust is down I wouldn't be buying Cantrust right now I would not be buying Cantrust right now thank you guys for the 23 likes I really appreciate you guys I would not be buying Cantrust today Saniva is at 235 Canadian damn so that was a nice little pump and dump today on Saniva they pumped it all the way up it opened at 250 went all the way to 278 and now it's come back down to 235 that's interesting that's a very interesting trading very very interesting trading yeah in retrospect I should have took the money when I had the chance should have taken it should have taken it I didn't see Saniva going back down at these levels it's pretty funny it's pretty interesting what it's doing today I'm not in front of level 2 so I'd love to be watching what's going on I know that when it got to the 270 range a lot of selling came in and I was watching level 2 and I was watching 278 276, 275 and the thousands of shares were sitting on the offer trying to hold it down you got a margin call today on which stock you're playing with margin are you shorting you got a margin call in ACB they give you a margin call when it goes down 5% it's interesting I wonder how low it's going to go it's very interesting that's why I don't like to trade with margin I like to trade with a cash cash account I do not like margin calls they absolutely suck it's happened to me before especially when I did some futures trading and it sucked I lost thousands and then literally the next day they would go up and I would just be so choked I'd be so choked getting a margin call and then the next day the futures go up after they were just down and I got a margin call oh it's eating me alive you think that Zenibus is next for cheating why would you even say that that is the one of the weirdest comments I've ever heard in my life like do you even know anything about Zenibus to make a comment like that it's just sometimes I wonder about some people man sometimes I really wonder about some people I think Zenibus is the next one to cheat hey man I think Zenibus is the next one to cheat guys come on man what the fuck up we're talking about real money here man whack ass comments some fucking whack ass comments trust me I've been to Zenibus's facilities they are tight as fuck I've seen their vault I've been in their facilities I've toured their facilities they are not going to be one of those companies that's going to voluntarily cheat if they make a mistake they're going to own up to it but they're not going to voluntarily cheat in their 2.1 million square foot facility and Langley they're not growing a bunch of weed right now they're waiting for Health Canada to give them the license to grow in there some people just want to say dumb things man they got nothing better to do I think we call them trolls in 2019 they got nothing better to do in their lives than go into just different channels on YouTube or wherever the hell they are they just say stupid shit to try to cause some type of a rise out of somebody but at the end of the day I know for a fact because I know people heavily involved with Zenibus that they're one of the most compliant companies out there so I'm not worried at all about their compliance that's the least of my concerns with Zenibus mind you I never thought that cantrust would have issues so you never know what's going on with Alifia I think Alifia is just kind of like everybody else companies like Zenibus companies like Saniva companies like Alifia they're just going through growing pains and they're not at the same level as a canopy growth and when you're not at the same level as a canopy growth or Kronos group you're going to go up and down until you get to that level and the reality is canopy growth has a billion dollar partner Kronos group has a billion dollar partner and that's why both of them have done extremely well I think that if Zenibus got themselves a billion dollar partner if Saniva got themselves a billion dollar partner we'd see them both skyrocket truly we'd see them skyrocket Zenibus doesn't have unlimited money and that's an issue until these guys get a ton of money behind them and a ton of money in the bank they're still going to be small companies but once they get a lot of money behind them they're going to become really big companies they're going to be absolute giants that's why I've really positioned myself in both of them and have determined both of them to be undervalued underappreciated and underexposed amongst their peers especially long term I see a lot of potential for both and I see them both going to at least five to ten dollars in the future when? I don't know but it will happen, you can mark my words I remember I waited a long time for Village Farms and then when they exploded they exploded big yeah, imagine I can't imagine Cantrust wanting to get bought out at these prices you've just lost half of your market cap now you're going to get bought out at this point it's like a desperate move I don't see it, but you never know you never know if the guys that started the company just want to be first money and first money out and that's going to be their exit strategy maybe they take a look at this as an exit but if I'm the one building the company and I just lost 50% of my market cap what negotiating leverage and power do I really have? little to none so is it really the time to be acquired? I'd rather be acquired when I'm at a really good strong point where your price is very high and you can get more a bigger bang for your buck, that's my opinion but everybody's different depends on what everyone's goals are you know Cantrust might feel because of what's happened here, maybe they have no choice and maybe they need to go in a different direction I also see them getting through this and I see them doing much better in the future very similar to Organogram who had pesticides in their crops, had a big scandal, stock went to a buck told everyone that one day you're going to see this as an amazing buying opportunity I never panicked I always believed in the company and we've seen them go as high as $11 so anybody that got in at a dollar made a killing so at some point Cantrust will hit a bottom they'll continue to be a player in the sector they may never be the player they were supposed to be because this might forever be over their head or they might get past this and people might forget people have a way to forget it's weird people forget scandals pretty quickly especially if the company does well in the future so buying Zenibus and ACB today for the long term is probably a good idea I would say so I would definitely say so I'm not here to tell you when to buy or sell but you're talking about good companies with huge potential but I'm not a licensed advisor so I don't like to tell you guys when to buy or sell I'll tell you when I'm buying and selling I'm going to tell you what I'm doing but I'm not going to be the one to tell you guys when to buy or sell that's just not my style that's not how I roll maybe one day once I'm licensed if I get licensed and have possibilities on the table but right now that's not really something I like to tell you to do do I think that ACB will hit 850? it could it definitely could it hit $5 last August that was its low like year and a half it was last August so I think it hit like $5.64 so yeah it could definitely could anything's possible remember these stocks need to go down so they can go up that's how we make money and as an investor we want to buy them when they're low we want to buy them when they're low and sell them when they're high alright guys I got to do a video here on hi tide I'm going to be at the office shortly here I wanted to bring you the news on can trust trying to resolve their status with health Canada which right now is in jeopardy due to the fact that they were growing $70 million worth of cannabis illegally behind walls at one of their facilities will this get better will this get worse hopefully it gets better but I honestly have no clue what it's going to do right now I don't feel good about it I honestly don't know what's gonna happen so hopefully it gets resolved and hopefully we can move on from this and hopefully health Canada doesn't try to make an example out of them but I have a bad feeling that that is exactly what they're going to do and that scares the shit out of me I will not be good for the entire sector if they decide to make an example out of them but like I said I have no idea what is going to happen I am just speculating but like I said I'm trying to stay positive and hopefully they'll get through this hope you guys are having a nice day today I know that the markets are pretty red today can trust is going to be responding to health Canada today so should be interesting to see what that response is hopefully it is positive hopefully it's very positive because right now it is looking very bleak and can trust has been going down ever since well even before the news broke they started to go down like everybody in the sector the news broke that they were doing some shady dealings and got caught with their pants down at that point the stock started to come down aggressively and there's been a couple days where it's rebounded a little bit but it wasn't sustainable alright guys I'm going to be doing a video on high tide today stay keep watching okay keep your eyes on high tide I'm going to be doing some coverage on them and keep your eyes on can trust very carefully or our cannabis is down Bills Dan Belzerian's company BILZ is is having an awesome day and let's see what you guys say love high tide take care god bless you think health Canada has to make an example you think health Canada has to make an example out of can trust you think they have to at this point um I don't think they have to do anything I think that can trust is already lost half of its market cap I think that a fine would be good and I think that hopefully can trust has learned from this and they never make this mistake again so that's my opinion I don't think taking their license away is a good idea because if you're going to hurt the patients I think can trust made a stupid mistake they're owning up to it they've got 70 million dollars of cannabis just sitting there now and hopefully health Canada reviews everything and they make a good decision recognizing there's a lot of investors involved and recognizing that the only people they're hurting are the investors and the patients that right now can't get access to their medicine thank you guys for watching if you're not winning, you're not watching this is your boy Rich from Rich2BeLive and I'm a peace I don't think we can trust can trust can we trust can trust or can't we trust can trust that is the question