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Anybody invested in a Cannabis fund?

johhnyhotrocks
johhnyhotrocks Posts: 2 Newbie
in Savings & investments
I am looking to invest in one of the Canadian cannabis companies or maybe in a fund, but am finding it a bit of a minefield researching them.Has anybody invested in any of these?
If there is a thread already I apologise.
«1

Comments

  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    johhnyhotrocks wrote: »
    I am looking to invest in one of the Canadian cannabis companies or maybe in a fund, but am finding it a bit of a minefield researching them.Has anybody invested in any of these?
    If there is a thread already I apologise.

    A few people did, then it all went to pot.
  • unforeseen
    unforeseen Posts: 7,413 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Should have made it a joint venture.
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    My investment is small. I've hidden it on the top shelf of the kitchen cupboard.
  • Kernel_Sanders
    Kernel_Sanders Posts: 3,617 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They need to weed out the sharp practice players in the industry.
  • Alexland
    Alexland Posts: 10,282 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Could be overvalued - the funds are 'higher' than ever.
  • sjp999
    sjp999 Posts: 146 Forumite
    Eighth Anniversary 100 Posts
    OK, I'll play...

    Can't remember
  • Kernel_Sanders
    Kernel_Sanders Posts: 3,617 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The only two funds I know of are so competitive you can't put a cigarette paper between them.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    In all seriousness, if someone is promoting a cannabis investment to you, it is probably a scam. Cannabis is the new crypto and the usual suspects in the unregulated underbelly have been punting supposed cannabis funds and EISs for the past year.

    You invest in shares or a bond from some no-name company that claims they're going to invest in cannabis farms or IP, something something something, and when it IPOs on February 29 2019 you'll double your money. Sound familiar?
  • fiisch
    fiisch Posts: 511 Forumite
    Part of the Furniture 100 Posts Name Dropper
    It's a blunt approach to invest in such a small sector, but then it could be a sound approach if you're looking to go out in a blaze of glory....
  • Fatbritabroad
    Fatbritabroad Posts: 573 Forumite
    Fourth Anniversary 500 Posts
    If the cannabis industry takes off best to invest in confectionery and crisp manufactures... So I've heard
This discussion has been closed.
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