Investor is Cautious on Canadian Cannabis Companies

haim-logo

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.

Anthony Wile, chief editor of The Daily Bell and chief investment strategist of High Alert Investment Management
Anthony Wile, chief editor of The Daily Bell and chief investment strategist of High Alert Investment Management

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/

Get ahead of the crowd by signing up for 420 Investor, the largest & most comprehensive premium subscription service for cannabis traders and investors since 2013.

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

Get Our Sunday Newsletter