Canadian CANNAINVESTOR Magazine April / May 2018 | Page 61

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- Investigate news and press releases;

- Search for any relevant information that

may be affect your investment decisions

(Financial Statements, etc);

- Fundamental and Technical Analysis;

- Political and Regulatory landscape;

- Attend Expos and participate in

conference calls and webinars;

- Attend annual meetings if possible;

- Survey and follow bulletin boards and

social media as this includes creating a

list of what and who to avoid.

We followed that up with a discussion on one of most infamous frauds the investment world had ever seen – Bre-X. Gold deposits the world had never seen but unfortunately located in the Borneo Jungle where access was impossible. According to the Calgary Herald, “… a $3-billion hoax called Bre-X Minerals unfolded. It is the centre of an unprecedented scam, the ideal location to manufacture a motherlode and sell it to voracious investors on the other side of the world”. That was followed by our case study on LGC Capital Ltd (TSXV:LG). I encourage you to read that case study appearing in our November issue. The share price at that time was $0.15 and would soon reach $1.03 before falling back to as low as $0.11. You, our readers, were made aware of this company and what to watch for and should have made your investment decisions accordingly. Since then, LG has made significant progress with their Quebec investments and just may warrant serious consideration.

There are other rumours running rampant that if left unchecked could hamper your investment decisions so let’s look at just a few.

There are too few strains in the legal cannabis industry

The driver behind this is rooted in the position that not only is there little differential from one LP to another but there is little variety to choose from … compared to the black market.

The Government of Canada may be allowing (strict criteria!) the procurement of black market strains. SOURCE