Now That Prohibition's Over, Time to Invest?
I've been sceptical of the publicly-traded medical marijuana/cannabis industry. (See previous post.) Too much sizzle. Floods of me-too listings. Reminded me of the various investor obsessions with dot-coms, China-stocks, stevia, gold, coal, etc, etc. However on reflection, every sector seems to undergo a similar phenomena - wild enthusiasm followed by skepticism followed by more normal growth. And the sector - both in continued product legalization and development of the distribution channels - is booming. .
Research on the field comes to the following conclusion; there's opportunity out there but also great peril!
Avoiding the peril isn't entirely possible, but as in any acquisition proper due-diligence is very important. The normal process needs to be supplemented by industry-specific procedures. The following video is helpful. Industry specific material starts at (15:00.) https://mjinews.com/world-cannabis-acquisitions-mergers/
posted...May 02, 2017