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Weed Stocks Investing For the Rest of 2021

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According to recent forecasts, the cannabis industry could double by 2025. The U.S. cannabis industry could exceed $45 billion in annual sales alone. With that opportunity on the table, many new investors are seeking to profit. But as the industry has consolidated for most of the year, is 2021 now a good time to invest in weed stocks?

As states and countries decriminalize or legalize marijuana and its associated derivatives, investors have a growing number of opportunities to play their hand according to their preferences and opinions.

Of course, with large opportunities come risks. So whether you’re a fresh & green pot stock investor or a seasoned veteran hurt by cannabis bear markets in the past, we talk with an expert that has been analyzing the industry from the beginning in an attempt to form an investment guide in today’s cannabis market.

Bruce Campbell is the Portfolio Manager of the StoneCastle Cannabis Growth Fund and the Chief Investment Officer of Plant-Based Investment Corp. (formerly Cannabis Growth Opportunity Corp). His cannabis fund has a bias towards US operators and favours undervalued companies compared with their peers. His funds top 3 holdings as of July 31 are:

  1. Green Thumb Industries Inc (CNSX:GTII, OTCMKTS:GTBIF)
  2. Verano Holdings Corp (CNSX:VRNO, OTCMKTS:VRNOF)
  3. Lowell Farms Inc (CNSX:LOWL, OTCMKTS:LOWLF)

Original article: Weed Stocks Investing For the Rest of 2021

©2021 Midas Letter. All Rights Reserved.


Source: https://midasletter.com/2021/09/weed-stocks-investing-for-the-rest-of-2021/


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