Markets

BOTTOM LINE: Cannabis is almost always, inevitably, a losing proposition

Brent Melville
Tue, 20 Oct 2020

BOTTOM LINE: Cannabis is almost always, inevitably, a losing proposition
Brent Melville
Tue, 20 Oct 2020
They are still counting the votes on the recreational cannabis referendum but that hasn’t stopped investors from throwing money into weed, at least via palatable medicinal cannabis start-ups.To be clear, the existing market offerings – mostly via crowdfunding efforts – relate to medicinal cannabis, the only legal investment option available at this stage. So whether or not the public vote yes to legalise pot is largely immaterial, although substantial money is being raised largely on the strength of what can only be consi...

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