Legal Marijuana Industry Report
Weed stocks were called “the new crypto” because they hedged stocks better than crypto for a period. In reality, the argument looks more like, both of these were defenses against stocks but crypto rallied with gold in 2018. So it is more like gold rallied and crypto is digital gold, which is why crypto rallied to defend against stocks drop. However, money also fled crypto in favor of weed stocks for further gains – by smarter investors.
Whats included in the report:
Global Industry Outlook
Tilray (TLRY) and Canopy Growth Corp (CGC) company, market and stock evaluation
Key Insights and actions taken based on the evaluation
Key theoretical perspectives and positioning
Weed is a multi-purpose commodity that can be used in food and beverages, pharma, entertainment, and many other sectors, which means it could even outperform gold in terms of returns. Weed can outperform gold because it’s a new industry and it’s expected to grow 10x in the next 7-8 years.