![]() ![]() Oh, and as a bonus, ensuring compliance with regulations is a cumbersome 24/7 investment. Cultivation typically happens in massive indoor facilities with expensive utility bills, and retail is almost exclusively brick-and-mortar (just ask traditional stores how they’re handling skyrocketing real estate costs). ![]() Because their product is not allowed to cross over state borders, companies must fully build out their assets in whatever states they operate. ![]() Here’s why: Cannabis companies require a lot of capital to get off the ground. But get this: That actually presents an excellent investment opportunity for you. Today, recreational and medical cannabis are legal in Massachusetts, as they are in 18 other states, and pot dealing is no longer the domain of rogue growers with a penchant for the Grateful Dead or, far worse, Mexican drug cartels: It’s big corporate business.Īt the same time, marijuana remains federally illegal-which means, among other things, that cannabis companies can’t use traditional means of banking to borrow money or conduct business like nearly every other venture. There used to be a time when investing in weed meant saving up enough babysitting money to buy a stake in a bag of schwag from some older kid who went to a different high school. FAQ How is investing in cannabis even a possibility? When should you invest? What companies should you keep your eye on? And how, exactly, can you get your portfolio growing like a weed? Read on to find out. cannabis companies as the director of equity research for Viridian Capital Advisors. Given that cannabis is still federally illegal, though, it can be a tricky market to navigate-so to get you the best information available, we went straight to the source: Boston-based Jon Decourcey, who researches publicly traded U.S. What’s an eager investor to do? That’s easy: Consider getting high on the newest billion-dollar industry in Massachusetts. Inflation is up, the stock market is down, and whispers of a recession are on many financial analysts’ lips. ![]()
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