I’m often asked what I think about investing in the rapidly expanding cannabis stock markets. My response is the same as what you’d get if you asked a dog for his take on the intricacies of German biodynamic farming—near zero comprehension, evidenced by a tilting of the head, and possibly licking the face of the person asking the question. (This ensures I am only ever asked for advice once.)
This isn’t to say I don’t understand how stocks work, but it also isn’t to say that I have a full and complete grasp of the turbulent cannabis stock markets, either. If I did, do you think I would continue to toil away at this column? Investing requires allocating a portion of income that, if lost, won’t negatively impact the investor. No one who works in the independent newspaper industry meets that criterion.
But for those of you who’ve made better career choices and do have the resources, it can certainly seem like investing your money in weed is all the rage. This is supported by the vast number of not-at-all-maddening online ads that pop up screaming, “Investing in this cannabis stock is like buying Amazon at $1.80 per share!” Great, because my investment fund this month is exactly $1.80, once I return these cans!
Among the many, many things I am not is a financial advisor, so don’t blame me if you lose your shirt, but do thank me, with cash, if you make big money.
