Pot Stocks are on everyone’s tongue these days — including in the news headlines. While there is cash being invested in these companies, many are equating their unearthly rises to the dot-com bust or even the crypto bubble we saw last year. But Is it really a ‘bubble’ as some would suggest?
Zev Fima, AAP Research Analyst and Kevin Curran, Real Money reporter, was recently interviewed by The Street to answer that question and more. The Street talked about the difference between CBD and THC, Sativa and Indica, and the different delivery systems available today.
And then of course, how people can invest it all.
Because large companies are pushing big money, organizations like Constellation Brands (STZ) are getting invested to the tune of $4 billion, in Canadian cannabis producer Canopy Growth. Its CEO Bruce Linton says he is optimistic about cannabis-infused beverages and sleep aids.
Coca-Cola (KO) also has been looking at the cannabis market, according to recent reports, and talking with Canadian-based Aurora Cannabis, another marijuana company, to produce drinks enhanced with cannabidiol or CBD. This is the chemical in marijuana that doesn’t generate a “high” feeling but shows potential for therapeutic and medicinal applications, including pain and stress relief.
There are also 3 ETFs traded in the U.S. markets that focus on cannabis-related companies.
So what should you do? Will you be investing in cannabis and will your PORTfolio soon become a POTfolio?
