| Posted on Mon, February, 29th 2016 by THCFinder
Earlier today I posed a question on my Facebook page – “What do you think are the best investment areas in the cannabis industry right now?” I made sure to state ahead of time that I wasn’t talking about any particular companies, because ‘invest in this company’ blah blah blah, it gets old. I was talking about areas or sectors of the marijuana industry that present good investment opportunities. To be very clear, I am in NO WAY an investor in anything, other than retro arcade games and consumable cannabis, and even then only on a personal level (up to 8 ounces legally in Oregon!). So take my opinion for what you will.
It’s no secret that investor dollars are flooding into the marijuana industry at an ever growing pace, and there’s no end in sight. The marijuana industry is exciting and full of potential, so it’s understandable why everyone wants in. There are a lot of really, really crapping investments being made out there. Again, what do I know since I don’t have anywhere near the dollar amounts that I read about being reported in investment articles, but I know a lot about cannabis and know people that know virtually everything about cannabis, and all of them have been scratching their heads at some of the things we talk about.
I think that a lot of people invest in the wrong things because they are new to cannabis, and think that just because something works in other industries that it will automatically work in the cannabis industry. That’s not the case from what I’ve seen in the over 6 years I’ve been helping run this blog. Like I always say, marijuana is different. The consumers are different, the rules are different, societies view of the industry is different than it is for any other industry. There are so many nuances that it’s impossible to compile a list of all of them, especially since they are almost all in flux and could be gone tomorrow. To say that the marijuana industry and world around it are evolving is a huge understatement.