 Cannabis stocks and CEO interviews brought to you by rich TV live Hi guys, how you doing? This is your boy rich and I'm here with a very special guest. I'm here back with Nika Domi How you doing today Nika? How's it going? Very good. Very good. Oh, it's going really really well. Thank you for joining me here today I'm very excited to Talk to you again about some cannabis stocks that we are watching for legalization and After legalization tomorrow is legalization in Canada for recreational cannabis and It's big news. It's it's trending news. Everyone's talking about it all over the world Canada is going to be the first G7 country to legalize cannabis recreationally so how do you think this is going to affect the markets and Which stocks are you looking for after legalization going into 2019 and then beyond? Well, let me tell you it's been like really hot today Everybody is on the go. Everybody's just the chat rooms are blowing up. I have to say your chat room is blowing up Yes, so everybody should definitely subscribe because there's a lot of information on the go going on there I keep checking all day and it's really been helpful. So I See a lot of Confusion at the same time right now because they're going up. They're going down So we have a lot of things in our heads a lot of preconceived ideas about these companies that we already have and then we look at our Portfolio and we go whoa. Wait a sec. What's hold on a second. What I was just gone for an hour It went from green to red from red to green to some of the companies I was watching yesterday that were completely in the red. They moved a little bit today and then Most of them were green in the morning and a lot of people took profit and then the red day Came upon us. So what I think for the future We really have to be concerned and I think a lot of people are asking the questions now What are we going to do long term because there's so much of that focus so much of that buzz on today today today? But we really have to think about the future think about what's coming after legalization after the new year First of all, I would look at what happened last year so I would go back a little bit take that moment and Go back on all the charts from the beginning of 2018 the end of 2017 see how these companies have behaved see who came up who fell behind Who was making too much buzz about themselves and fell behind a little bit and then some of the quiet ones have risen After September especially so I think that's what I would be doing Just looking back a little bit at the information study the charts very good Very good advice. That's very good advice That is what I like to do when I look at a stock I look back at its one-year chart then I look back at its five-year chart I look at its 52 week high I look at its 52 week low and I try to determine You know where it is and if I think it's overvalued undervalued based on its historical chart and if I see there's a trend and Typically what we've seen with cannabis stocks is that around this year over the last three years there's been a big spike and This year's been no different. We're seeing another spike and I believe this spike will continue and I believe it'll continue on until 2019 at some point there will be a correction and They will start to go based more on real fundamentals But which stocks right now are you watching? What are the ones that are on your watch list? I know what's on my watch list. What's on your watch list for 2019? What's on your watch list for legalization day tomorrow and then beyond going into 2019 and then beyond 2019? I want to know what you're really looking at that you think could be the next 10-bagger Who do I trust right? Okay. So basically I have been looking at Alicia. They have been very impressive. They are Quite so far. They've been quite predictable actually for the past month or so So I like that feeling for me I like the feeling of a little bit of that sureness So I do go into companies that I have been watching for a while and then I can tell their patterns I could see where they're moving how what they expect. So Alicia Lately has been going between that three dollars and five cents and then today went up to three I think even 80 and then came back So they're kind of in that ball three dollar range But I think now because they're having big plans and they have that uplifting to Nasdaq going soon I think they'll come sooner than than we think I agree. I agree Company great price jump in it's not too high. It's just good for anyone other than that I actually have been not okay this one. I haven't really been into too much lately I mean up to this point But I just kind of got my attention on Hexo I think the fact that they were just so strictly that the Quebec market is very tight I think I was just kind of leaving them alone because I thought well They're not really, you know showing me a lot of action outside of Quebec but then again when we know what Quebec behaves like they're very loyal to their their companies and Hexo has been showing a lot of strength lately and when I looked at their chart from last week They showed a lot of strength and the bands were tightening So they kind of looked like they're maybe about to now take that next step So I'm looking at the companies. They're taking steps to the blue style. I love that. I love Hexo I love Hexo. They got a deal with Molson. I mean you're talking about a giant. So yeah I love Hexo. So yes, I love Alifia two very good picks. You know your you know your stuff What else? What else are you looking at? Show me more. Give me more. What other you got? What else you got in your bag of tricks? What else you got? What else you look at? I like your first Keep them coming. I want to know what else I like your first two. Give me more Which one School good good old company kind of thing. You know what I mean? They're just they feel secure to me I don't know. Hey, it's just my feelings. So I'm still betting on Africa I think that I still hold that they're gonna very recent very quickly go up to put 24 bucks for sure So I'm giving them that hopefully they exceed my expectation. Wow. So other than that, I really I Really liked can't trust they were on my this letter today. I really liked the CEO. He was so cute He was so funny. He was making jokes and he looked quite high. Oh Wow, but he sounded very very professional at the same time, so I gotta give him credit That one I like me weed MD I've been watching weed MD I like the fact that they actually are covering the tax and they're covering the shipping for their customers So I think that's huge because especially with the Ontario Rules there's gonna be just the online sales for now I think for online sales that is a huge benefit for the company to say, hey, we're gonna cover your tax We're gonna cover your shipping that's that's big for me. I would do it I would jump on that from what I know about the Canadian customer. They like getting things for free. They like bonuses Hey, who doesn't right? But you like all the best companies. I like all your companies hexo Cantros I like all these companies Alifia. You you like all the best companies. That's good. I like it I'm one very important thing. I still believe in namaste. I still do. I really do So, I think they're gonna have their wave up for sure. Oh, I think namaste is very cheap and huge upside Sorry, I hate the truck thing, but I have to the UK just legalized the Medicinal marijuana and I know that namaste before all that hype But the drama happened that kind of hit them with the Citron research dude that we all love so much, right? The UK market is big and they have a connection to the UK market. I think that's gonna help them Yeah, I think that namaste is another one to watch. I love that one. What about some more long-term plays? I got XL Y Oxley there was an article today that compared them to Aurora cannabis and Essentially, they have very similar as far as their growing potential and some of their partnerships and some of their business models So and their share structure So they're very similar to Aurora in a lot of ways and it's a it's it's a holding of mine that I have a lot of I really believe in the company long-term. I think they have huge upside. I think there could be 10x potential there What do you think about Oxley? I Haven't traded Oxley or I haven't invested in them yet in my my experience But I have been watching their chart for about a month now So I think their chart looks good. It has been kind of bouncing in that 120 ish Range right and I think that they're just ready to blow up because there's a lot of like I see a lot of experienced investors Talk about them. So that is a good sign actually I like to listen to you experience guys, right? So I think Well, I think there's I think there's um, they're they went as high as the dollar 56 today They they were at a dollar like less than a month ago. So they've done a huge run like 50% up I think a lot of those gains were taking back today. I didn't see how it finished for me We could around a dollar 43 dollar 44 So it was up and then it finished down, but I think that's what happened with the whole market today So there was a pullback, but I really believe it's a company that long-term could do really well I see there's I personally see 5x to 10x potential long-term with that company if you're patient I think it's a company that could really Give you back some nice returns. I really do for 2019. I think it's a company. That's really high on my list Yeah, we really have to look at the future prospects, right? What are they? Where are they going? What are their revenues? I mean, there's a lot of new companies that don't have much revenue yet So we just have to really study them and write things down guys I can't stress enough how important it is it helps to kind of reinforce in your mind What your plan might be because actually when I first started trading to be honest I took a piece of paper and I wrote down five companies that really like because I didn't know too many of them I had no idea on branding So I wrote down the prices that they're at today and then I use my psychic mind to I made it a new column And I wrote down what I think they're gonna be in about a month or two or so So I gave them my own little target and now when I look back just now I still kept that piece of paper I look back at it and I was pretty much right on a lot of them Really you have to when you write things down it reinforces things in your mind Keeps you kind of away from that mind chaos that you might get into this, you know, because there's so much new There's so much talk But that's like your core thing that you should really stick to trust your intuition seriously very good Now there's two companies that I'm looking at very closely. One is mpx. The other one is TGIF Both haven't yet. I have TGIF on my I did buy them earlier. Very good So they're both under dollar they're both generating revenues both companies that are going to be doing a lot of business in America So what do you think about those companies as long-term place for 2019 and beyond you think those are two companies that people should be watching for 2019 I like mpx for sure because Why did I like them let me see here? They were undervalued for sure. I don't remember why I bought them. I think it was because I think they generated 14 million in the last quarter revenue I think it was the revenues that I heard that they had some good revenue They had like a good solid and they really looked undervalued. They just upgraded to the OTC market They were speaking in the World Cannabis Congress. So they were one of the speakers which recently happened I don't remember where that was they own Greenmark, which is their I believe their dispensary their stores So they have Vegas Yes, okay. Is it coming up or is it already going? I don't remember that They've got locations in Vegas and they've got locations that they're going to be expanding into Canada and Tgif is another one that has locations in Vegas and Both of those companies are looking to expand all over North America and most likely I assume Internationally, so there's huge potential and we are finding these ones early But you know what I think what we need to do now is We need to go because we need to go back and we need to find some more winners I think we've brought enough winners. Is there any other winners that we need to talk about before we leave? This is Nika Domi from Mind Your Wealth Guys I want to mention that this is very interesting and promising a new IPO. I saw that came out YOLO It's called Weekend Unlimited. So I'm gonna be kind of watching them a little bit They have some interesting fun stuff But Jamaica travel like a week travel thing that they're planning to do Organic farm in PC and Washington. So that sounds pretty good. So that's a new one I think just came up there. Other than that, no, I'm just gonna stick to my Aletheia Hexo Probably Organogram 2 and Aphria for now. I'm pretty happy with them. All right. Well, I like all your picks I think they're all winners. What do you guys think at home? Now remember rich TV live is strictly for education entertainment purposes Always do your due diligence always do your research before you invest in anything that we talk about here on rich TV live Go to Nika Domi's channel on YouTube and subscribe Mind your wealth with Nika Domi. It's true. If you're not winning. You're not watching This is your boy rich and Nika. We're collaborating. We're bringing you the winners for 2019 Legalization tomorrow. We're gonna be partying. Hope you're partying. This is your boy rich Anybody wants to come the same party as I'm going to hit me up on my Instagram at Nika Domi is the easy one and Yeah, check my channel mind your wealth go and subscribe smash that like button Comment down below. Let me know what you think about Nika's picks about my picks. What are your picks? What do you think? Let us know comment down below shared everywhere. We're out Peace Happy legalization everybody Cannabis stocks and CEO interviews brought to you by rich TV live