VIDEO: The Big Short’s Danny Moses: Cannabis is the Investment Opportunity of a Lifetime
Private Investor Danny Moses, featured in the 2015 film The Big Short, discusses investment opportunities in the cannabis space. He has been a long-time supporter of the cannabis industry and hasn’t “ever seen an opportunity like this, from an investment perspective, in my life.” Moses works with Merida Capital, which invests in the ancillary cannabis space. Moses shares his thoughts on potential US cannabis catalysts such as the US Midterm elections and the Farm Bill. He anticipates significant consolidation in the US market when cannabis is deregulated or legalized at the federal level. Consequently, he believes US cannabis companies with strong regional operations such as Liberty Health Sciences Inc (CNSX:LHS) (OTCMKTS:LHSIF) (FRA:S6UQ) or who have undertaken significant vertical integration and consolidation, like iAnthus Capital (CNSX:IAN) and MPX Bioceutical (CNSX:MPX), will become major national players.
Original article: VIDEO: The Big Short’s Danny Moses: Cannabis is the Investment Opportunity of a Lifetime
©2018 Midas Letter. All Rights Reserved.
Source: https://midasletter.com/2018/11/big-short-danny-moses-cannabis-investment-opportunity-lifetime/
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