At this point, it’s generally accepted that the easy money has been made and the losing companies have been wiped out. After seeing how many investors lost their money on overly-optimistic companies, it’s clear that new and returning investors need to be more selective with their capital.
For a few quick tips on investing in marijuana, watch the video now!
…
Where to Invest Now?
Most of the remaining Canadian marijuana producers are massively overvalued, with paths to investor profitability unclear. Which marijuana producers’ stocks will move up on speculative momentum, and which will crash? That’s very difficult to predict—given their sky-high market valuations in relation to sales, the industry’s low barriers to entry, and a nebulous future regulatory regime.
But what is certain is that overall marijuana demand and production will keep expanding rapidly. So we think a far better way to profit is with firms that will benefit no matter which producers thrive. They may include some producers of fertilizers or the infrastructure needed for greenhouse production. At the same time, they already have a solid base of other business, sound prospects—and the added appeal of a sustainable dividend.
The Next Marijuana?
When investors ask us if it’s too late to get into weed stocks, it’s typically because they want to get into an exciting, innovative industry that’s just appearing on the mainstage.
We saw it with crypto, saw it with marijuana, and no one was entirely sure what would be coming next.
At long last, it seems like we’ve found it: Psychedelics.
Check out our latest video on psychedelics (that’s right, magic mushrooms!) and see if this is the next industry for you.