Investment strategist Anthony Wile posted his views in The Globe and Mail, suggesting that the recent rally in the publicly-traded Canadian cannabis producers is ahead of itself. Arguing that the regulatory regime isn’t yet determined nor is the time-frame clear, investors run the risk of making some bad assumptions.
Slow down. Take a deep breath. You don’t need to be in such a hurry – because if you are, you may get it wrong.
It will take a while for this industry to mature to the point where it will be predictable and increasingly transparent. Rome wasn’t built in a day, and your portfolio of cannabis investments won’t be either
Read Anthony Wile’s “Investors should take a deep breath before they try cannabis”: http://www.theglobeandmail.com/report-on-business/rob-commentary/investors-should-take-a-deep-breath-before-they-try-cannabis/article27059802/