3 Cannabis Myths Debunked|Dec 03, 2018
We’re on our fifth year as Co-Founders and Managing Directors of a fund dedicated to the cannabis industry. We've invested in over 47 companies in the space, across all sub-sectors of the industry as well. Over the five years, we've had questions upon questions that we've had to answer about cannabis business. Currently, there are three big myths, which we’d like to debunk.
Myth Number 1: Cannabis industry investing leads to immediate returns.
Right now, we're experiencing a time of froth and exuberance in the market and economy. We’re meeting many investors who think if they put money into that public market, they will immediately see returns. This has come up a lot recently, especially as it pertains to companies right before they go through a reverse takeover process. This is also affectionately known as an RTO up in Canada. People who jump in on those deals are jumping in on a high...
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Cannabis Economy is a real-time history of legal cannabis. We chronicle how personal and industry histories have combined to provide our current reality.
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