Cannabis Chickens Coming Home to Roast – Weed Talk Live with Deb Borchardt of the Green Market Report
As Pro Cannabis Media expands online in the COVID-19 realities, Weed Talk Live with Jimmy Young and Curt Dalton continues online with the help of Zoom media. In this week’s episode, Jimmy and Curt get to talk cannabis stocks, the economy, and recovery with former CNBC reporter and now director of the GreenMarketReport.com, Debra Borchardt.
Debra covers cannabis stocks and public filings for all public cannabis companies at Green Market Report. Her insight and candor are well respected around the cannabis world and her live events in NYC draw the biggest names on Wall Street and in the cannabis sector.
What does Debra think of the cannabis stock market right now as compared to the overall stock market? Does she see a full recovery coming or are we in for a long, protracted recession? Deb is not optimistic about a quick recovery and sees a depression-like state on the horizon if COVID-19 takes a turn for the worse or lasts longer than public estimates. Did the cannabis industry, and some of the “pie in the sky” business plans, get their fair reckoning with the cannabis stock market bubble crash? As Deb points out in the interview, some of these companies and their C-suite executives had this coming based on fairytale business plans.
One thing to remember and what makes this interview so timely is that Deb usually works and lives out of New York City, one of the pandemic’s epicenter. Deb describes what the city is like now and how the economic toll on the state of New York itself could send it into bankruptcy. Gov. Cuomo is doing a great job and getting the COVID-19 virus under control and admitted the economics of shutting the city down combined with the expense of fighting the virus could bankrupt New York. As Deb points out, if NY could go bankrupt, what about other states that have lower tax revenues? The economic damage alone, not counting the damage done to human bodies by the virus, could be catastrophic.
Click below and listen to Deb Borchardt of the GreenMarketReport.com talk stocks, the economy, cannabis, and the future.
Weed Talk Live and Cannabis Coast-to-Coast are part of our weekly and monthy live shows for cannabis media and stories. Check out our previous shows where we interview the likes of Bruce Linton, Tommy Chong, Chris Walsh, and Steve DeAngelo. Start watching, click here to pick a show!
LOVE DEB AND NEED MORE OF HER, LISTEN BELOW...
DEBRA BORCHARDT ON CRYPTO, CANNABIS, AND NEW INVESTMENTS!
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