Cannabis: Seven Avoidable Investment Mistakes
It is likely that Cannabis will prove to be the best performing asset class over the next decade. While this provides a rare wealth-creation opportunity, the road to maturity for this emerging market is also unusually impacted by legislation, taxation, regulation and margin normalization across every investable sector. Hemp will prove to be a major contribution to farmer livelihood as well as industrial and economic output, with the Cannabis complex likely a trillion-dollar market in the making.
Cannabis is poised to impact every vertical in the economy, following a path similar in some ways to the one technology took when it went from being a sector to becoming an undeniable part of every sector. Despite similarities, the cannabis opportunity is also unprecedented, and many fortunes will be made and lost as the ‘rebirth of cannabis’ history books are written over the next decade. Lessons from previous cycles can serve as a useful guide towards better decisions for the informed investor.
Below are the top mistakes investors make in Cannabis, as well as ways for the savvy investor to avoid them:
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