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Anybody invested in a Cannabis fund?
johhnyhotrocks
Posts: 2 Newbie
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.
If there is a thread already I apologise.
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Comments
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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.0 -
Should have made it a joint venture.0
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My investment is small. I've hidden it on the top shelf of the kitchen cupboard.0
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They need to weed out the sharp practice players in the industry.0
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Could be overvalued - the funds are 'higher' than ever.0
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OK, I'll play...
Can't remember0 -
The only two funds I know of are so competitive you can't put a cigarette paper between them.0
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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?0 -
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....0
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If the cannabis industry takes off best to invest in confectionery and crisp manufactures... So I've heard0
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