Everything You Need to Know About Cannabis Investing | Angel Research Podcast Ep. 38
Everything You Need to Know About Cannabis Investing | Angel Research Podcast Ep. 38
Everything You Need to Know About Cannabis Investing | Angel Research Podcast Ep. 38
In this special episode of the Angel Research Podcast, Jeff Siegel and Alexander Boulden have a casual conversation about investing in the cannabis space. They cover everything you need to know about cannabis investing from their top picks to the state of the overall market.
Jeff Siegel is the founder of Green Chip Stocks and is writer for Energy and Capital. He was able to make himself and his readers MASSIVE gains in the cannabis space from 2015 – 2018 from being one of the first to invest in big players like Canopy Growth Corporation ($CGC) and Innovative Industrial Properties ($IIPR).
Years after the dust from the pot stock craze has settled, Alex and Jeff take a look at whether or not it’s time to get back into the cannabis space and which companies they believe will provide investors the greatest return on their money.
Read the latest from Jeff Siegel right here: https://www.energyandcapital.com/articles/the-shocking-truth-about-esg-investing/111794
Check out Alex Boulden’s investment YouTube series Inside Baseball: Play of Day where he discusses Insider Selling in the cannabis space right here: https://youtu.be/cY4Y-EUgzw8
Conversation Highlights:
00:00 Introduction
01:38 Making Money with Pot Stocks
05:12 Only the Government Can Screw Up Selling Weed
08:58 Cannabis Infused Drinks as an Investment
12:38 The New Cannabis Laws of Amsterdam
16:45 Advice for Investors Entering the Cannabis Industry
24:55 Cannabis Alternatives from CBD to Delta-8
27:16 The Story of Cannabis Prohibition & Modern Legalization Progress
37:02 Cannabis Administration and Opportunity ACT
39:53 Closing Thoughts
#cannabinvesting #cannabis #investing #angelresearchpodcast
Disclaimer: We do not provide personal investment advice. Forward-looking statements and projections are subject to change and may be inaccurate. All investing carries risk. Be smart out there. And good luck.
I am just gonna have to disagree with the guests statement that you wont see hysterical buying if federal legalization occurrs in the US. You are going to see the large funds who previously were not allowed to even own shares (due to the federal illegality of the product and banking regulations) coming into the space, and they have to buy shares to do that. And they are going to have to do it in a time when no one is going to be selling their shares, and the retail investors will also be piling in. IMHO, the share prices are going to hockey stick. Same is true for schedule 1 change, 280E and safe banking reform, but to a lesser extent. I dont know if it will return to previous share prices though, I mean, there has been a lot of dilution in the float of a lot of these companies, so its an issue of market cap valuation. In other words, a stock with a $60 share price before may have the same market cap, even when the share price now is $5, because there are so many more outstanding shares. For me, the real issue is, who will be the last companies standing. If you can get in on those now, that is where the money will be made, there are going to be less and less competitors as we move forward. Companies that havent already figured it out are going under, especially with higher debt interest rates. Legacy companies built out during super low interest rates, new and struggling companies will have to build out and compete with higher debt interest, which IMMEDIATELY puts them behind the 8 ball. So… lots of money to be made, you just need to be able to read an income and balance sheet and do some DD. Cheers and good luck all.
I owned the first Co2 cannabis oil extraction company in Washington State in 2011, was in business for 13 years and was part of the group that legalized cannabis in WA state. I agree that it is a race to the bottom. We spent thousands of dollars on growing quality cannabis that we could extract. Our company also was the company that was doing pesticide testing that spearheaded the OK program with a retailer in Washington state, but WA state screwed the pooch. All they care about is making the dollar. Cheap weed is the game. I didn’t want to operate in that space, that wasnt our brand and I closed our business. We had an award winning medical legacy brand, and we just couldn’t compete because I wasn’t going to sell cheap oil.
Delta 8 is all about aged cannabis. We grew and extracted cannabis that brought in the delta 8 cannabinoid butthat’ss because it was sitting in our lab, that was heated with the extractor and aged. Delta 8 is the sister of THC delta 9 and seriously is just as illegal. Respectfully, This guy doesnt know very much. Such a gross misrepresentation of our community
Read the latest from Jeff Siegel right here: https://www.energyandcapital.com/articles/the-shocking-truth-about-esg-investing/111794
Check out Alex Boulden’s investment YouTube series Inside Baseball: Play of Day where he discusses Insider Selling in the cannabis space right here: https://youtu.be/cY4Y-EUgzw8
Really you dont know fully functional weed people? Hello, the rap community. Wow, you’re not a great expert in cannabis investment if you can’t see that there are many successful people who consume cannabis beyond.