The Only Marijuana Stock to Buy That Isn’t Going to Pot

November 5. 2016. 4 mins read

We just saw this morning that cannabis investor Privateer Holdings has taken in an additional $40 million in funding for investing in the increasing legalization of marijuana. Legal cannabis sales are expected to hit over $6 billion this year and are expected to approach $22 billion by 2020. This had us thinking, is there any good pure-play marijuana stock out there?

People didn’t seem to appreciate the several articles we wrote earlier this year warning investors about not investing in OTC marijuana stocks. We thought it was important to warn investors because FINRA warned about this and they’re… well, OTC stocks which no serious investor would touch with a ten-foot pole. Nonetheless, we received some serious verbal backlash and some examples of this critical commentary can be seen below:

  • CGC +50% up and on TSX now. This was shitty article
  • Totally missed the mark on this one bud. Back to class for you.
  • Absurd article. Internet trash.

Stoners. You just can’t seem to get through to them (rolls eyes). Now while legalizing marijuana didn’t make the cut in our list of 30 emerging technologies investors should watch, we’re going to grandfath

Become a premium member and get access to hundreds of premium articles, reports and additional content.

Nanalyze Premium is your comprehensive guide to investing in disruptive technologies. Read by the top investment banks, management consultancies, VCs, and research houses. Trusted by over 100,000 institutional and retail investors. Covering disruptive technologies for over 18 years.