Love Hemp UK CBD & cannabis play

[Guest phil]

interesting interview 

 

[dmedin]

Maybe IG can do a video explaining the disastrous performance of their 'cannabis index'.

[JamesIG]

37 minutes ago, dmedin said:

Maybe IG can do a video explaining the disastrous performance of their 'cannabis index'.

Our cannabis index, like all indices, is simply a collection of individual stocks. If the asset price of the individual constituents fall, so too will the index. We created the cannabis index for clients who wanted a more diversified exposure to the sector. 

From the start of the year the index has risen from 750 to around 1250 in March, before pulling back to the 580 levels you can see now. 

You can trade this long or short, and therefore should be able to benefit from a falling price. 

[dmedin]

2 hours ago, JamesIG said:

Our cannabis index, like all indices, is simply a collection of individual stocks. If the asset price of the individual constituents fall, so too will the index. We created the cannabis index for clients who wanted a more diversified exposure to the sector. 

From the start of the year the index has risen from 750 to around 1250 in March, before pulling back to the 580 levels you can see now. 

You can trade this long or short, and therefore should be able to benefit from a falling price. 

 

 

Well, it would be enlightening to hear from an expert or analyst why the cannabis industry has died on its **** over the last year

[MikeBishop]

Thanks for sharing the video about Love Hemp UK and the cannabis index. It's always interesting to see how these stocks and indices perform, and a video explanation can provide valuable insights.

[Robbustan]

When it comes to investing in the cannabis industry, it's crucial to stay informed and keep a close eye on how different companies are faring. The cannabis market can be quite volatile, and understanding the factors that impact stock performance is essential.

[JavierPuente]

Investing in the cannabis industry can be exciting, but you're spot on about the need to stay informed. It's like a rollercoaster sometimes, right? 🎢  This company seems interesting; their CBD and cannabis play could offer some good opportunities. For those diving into the stock game, knowledge is power, and understanding market dynamics is key.

[JavierPuente]

11 hours ago, JavierPuente said:

Investing in the cannabis industry can be exciting, but you're spot on about the need to stay informed. It's like a rollercoaster sometimes, right? 🎢  This company seems interesting; their CBD and cannabis play could offer some good opportunities. For those diving into the stock game, knowledge is power, and understanding market dynamics is key.

 For those diving into the stock game, knowledge is power, and understanding market dynamics is key. By the way, if you're into the medical side of cannabis, this link (https://releaf.co.uk/education/medical/pain/is-medical-cannabis-effective-in-managing-pain) has some solid insights on how medical cannabis can be effective in managing pain. Worth checking out for a holistic perspective!

Edited December 12, 2023 by JavierPuente