Top 3 Cannabis ETFs to Buy & Hold Before Legalization!
Top 3 Cannabis ETFs to Buy & Hold Before Legalization!
In this video, I share The Top 3 Best Cannabis ETFs to Buy & Hold Before Federal Legalization in the United States! Check out my Instagram (nickpeitschinvesting): https://bit.ly/3fkByXC
Get 2 FREE Stocks When You Sign Up with Wealthsimple Trade: https://bit.ly/3b6aY1R
Get $25 for FREE When You Sign Up with Wealthsimple Cash: http://ws.cash/invite/$nickpeitsch
Get $30 for FREE When You Sign Up with EQ Bank and Deposit $100: https://bit.ly/2VNS5g3
Get $25 for FREE When You Open an Investing Account with Questrade & Deposit $1,000: https://bit.ly/2LdbHl5
My Stock Research Platform (Stock Rover FREE Trial):
Finance & Investing Books I Recommend Reading:
1. The Intelligent Investor by Benjamin Graham: https://amzn.to/2ThlHyJ
2. Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/2NlE5Tk
3. The Book on Rental Property Investing by Brandon Turner: https://amzn.to/2Tfq1yE
In this video, I share my favorite exchange traded funds (ETFs) to take advantage of the growth in the US cannabis industry – and I also share why it is poised for incredible growth over the next decade. Over the past few years, the US Cannabis market has been growing like a weed – pun intended. In 2019, legal US cannabis sales were $12.1 billion, while in 2020 alone, they grew 46% to over $17.5 billion – which is just ridiculous! So the US cannabis market share was 82% of global sales at the end of 2020, which makes the US one of the best places in the world to invest in cannabis. Personally, I believe this industry offers a once in a lifetime opportunity right now for individual investors, which have a serious advantage over institutional investors and big money. Make sure to watch the entire video to know the top 3 cannabis ETFs to buy & hold for the long term!
WATCH NEXT:
Why I’m Buying Amazon Stock: https://youtu.be/MHXTERv6_DU
My #1 Investment of 2021: https://youtu.be/GaPDQAE5N_c
The Dangers of REIT Investing: https://youtu.be/HdWjOgI4Cd4
Anyways, thank you for watching! If you did enjoy, please hit the LIKE button to support my channel – I would really appreciate it. Also, be sure to SUBSCRIBE for more weekly content on personal finance, business, and investing!
Please note that some links contained within this video are affiliate links, which means I may receive a commission on any products or services sold.
Cheers,
Nick Peitsch, E.I.T.
#StockMarket #Investing #ETFs
You just earned a subscriber Nick. You should check out D.H. Taylor. He goes over individual cannabis companies.
Huge upside! MSOS seems like a good one
Thank You for all of your videos that you did. I am enjoying all of them
I’ve dabbled in Cannabis stocks, some of these ETFs as well. It will be interesting to see how long it takes the US legalize.
Check out the pros of investing in the U.S. cannabis industry here: https://youtu.be/Y3JXIk8gPhs
these etfs are going to reach insanely high prices when marijuana gets legalized, but I believe it’s going to take many years,
Nick has the best speaking voice. I could listen to him read the dictionary.
Canadians LP’s are the true weed and green wagon. when the US annouced positive news, Canadian LP’s surge higher then MSOS. When international news being annouced Canadian LP’s continue to rise while the US companies remain stagnant. It shows LP’s such as Tilray has more influence over most US companies with higher exposure to investors due to the reason being listed in major exchange like NASDAQ, while US companies are limited to OTC and is facing the issue to be listed on the basic fundemental levels. Tilray ftw!
I mean, at some point, I’ll likely dip at least a toe into this market, but I don’t like trying to catch falling knives. I’ll wait until I see a clear bottom in this sector.
Great video Nick!
66l0d
vur.fyi
Really like MSOS too!
Did you buy any of these 3 ETFs? How are they doing in your portfolio if you have them ? Cheers
What about the Canadian ETF, HMMJ (Horizons Marijuana Life Sciences Index)? Tracks very similar to the ETFs presented.
Management fees eat your profits away. It adds up pretty fast with time. Anything above .5% is way too expensive. Why not buy some of their main positions instead and enjoy the dividend paid by some of the companies.
Love ETF investing! Definitely a safer way to gain exposure to cannabis