Learn how to get in on the ground floor of the booming cannabis industry with this comprehensive guide
Investing in Cannabis: The Next Great Investment Opportunity examines the rapidly expanding world of cannabis investment. Written by a renowned expert in "vice investing," Investing in Cannabis takes an in-depth look at all aspects of publicly traded stocks in the cannabis industry for medical or recreational use, including:
- CBD / hemp companies
- Cannabis oil extraction
- Cannabis cultivation / agriculture companies
- Biotech / pharmaceutical companies
This book focuses on the status and history of cannabis legalization plus concrete examples that every day investors can use to make intelligent and informed investments in any sector of the modern, legal cannabis industry. With an emphasis on good lists and data, the author guides readers through the ins and outs of the booming cannabis industry and attempts to distinguish between future breakout success stories and future busts.
Investing in Cannabis is perfect for any person or institutional investor seeking to diversify their portfolio to include investments in this up-and-coming industry.
Table of Contents
A Note to Readers vii
Preface ix
Acknowledgments xi
Chapter 1: Like Investing in Alcohol at the End of Prohibition 1
Chapter 2: The Feds, the DEA, and the War on Drugs 13
Chapter 3: The Cannabis Investment Opportunity 21
Chapter 4: Buy Low, Sell High? 29
Chapter 5: The Movement Toward Legality 45
Chapter 6: Canada Versus the United States 65
Chapter 7: The State of the States 75
Chapter 8: The Worldwide Opportunity 95
Chapter 9: Canadian Licensed Producers 97
Chapter 10: US Multi-state Operators 117
Chapter 11: Extraction and Concentrates 135
Chapter 12: Hemp and CBD Focused 141
Chapter 13: Pharmaceutical and Biotech 149
Chapter 14: Suppliers and Everyone Else 159
Chapter 15: Mergers and Acquisitions 169
Chapter 16: Don’t Get Burned 175
Appendix I: Portfolio Manager Dan Ahrens’ Cannabis Exchange-traded Fund Holdings on June 30, 2020 183
Appendix II: Portfolio Manager Dan Ahrens’ US Cannabis Exchange-traded Fund Planned Holdings in August 2020 185
Appendix III: Constituents of the North American Marijuana Index as of June 30, 2020 187
About the Author 189
Index 191
