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[Cannabis Profits Daily]
Monday, March 11, 2019
[Scott Gottlieb's Resignation Won't Derail the Cannabis Industry](
By Greg Miller
I'm not going to sugarcoat it - the stock market was brutal last week.
The Dow Jones Industrial Average fell mostly thanks to a bleak outlook from the European Central Bank and disappointing U.S. job growth numbers for February, and cannabis stocks followed the overall market into a dip.
However, some believe the resignation of FDA Commissioner Scott Gottlieb also pushed cannabis stock prices down. In the stock market, retail investors hate uncertainty. It causes them to expect the worst and panic sell.
For this particular situation, the FDA's responsibility for regulating CBD is creating some fear that Gottlieb's eventual replacement will have a harsher stance on regulations.
But I'm here to tell you that, while this is newsworthy, it's not worth blowing out of proportion.
There is going to be a fight between the FDA and CBD industry - which I will have more about later this week - but it's not going to be the one you're hearing about between [New York City and coffee shop owners]( serving CBD-infused cappuccinos.
The picks in our portfolio are going to be just fine, and I even sent out an alert about buying a new cannabis stock because it was a great time to add a position.
[So if you're a cannabis investor, I don't want you to panic, and I want you to have the full details about what Gottlieb's resignation really means...](
[Three Indispensable Cannabis Industry Bellwethers to Watch Before Making Your Trades]( [This Used to Be Reserved for America's Elite Traders, Now Everyday Investors Are Making a Killing]( [No, Aphria Did Not Crash Cannabis Stocks](
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