Are you looking to invest in the marijuana industry? If you are, then Matt Badiali’s investment guide would help you make up your mind. Mr. Badiali has 20 years of experience in the investment industry. As stated by Mr. Badiali, a chief resource investment expert with a PhD in geology and earth sciences, investing in marijuana could be the best venture in 2018 and subsequent years. An investigation steered by CIBC markets shows that Canada’s marijuana market is likely to overhaul giant companies like whiskey and scotch. Despite the fact, Mr. Badiali says that the venture has numerous risks that you would want to take into account before you resolve to invest.
Why Would You Invest in Marijuana?
The marijuana industry is not yet crowded with investors. This implies that those who invest promptly are likely to breed more gain than those who will invest after the trade is saturated. Some investors who had an interest in gold mining have already turned their attention to cannabis farming. One such company is Newstrike Resources, a gold mining company. The company’s financial reports indicate that the company’s stocks grew from $0.05 to $3 after the transition.
What are The Likely Risks of investing in Cannabis?
While marijuana seems like the next big investment opportunity, Matt Badiali says that it has risks that you need to consider before investing. First, there is a likely competition from tobacco and alcohol companies, as well as the black market. Such a competition would decline marijuana’s market prices. Another significant threat is the lack of unanimous regulations that govern the trade across different states.
Matt Badiali’s Final Thoughts
Matt Badiali says that the best time to reap from the marijuana industry is now. Mr. Badiali says that savvy entrepreneurs should invest before Canada legalizes the use of marijuana. Reliable reports reveal that the Canadian government will legalize the substance by October 2018. Besides the early investment, Matt Badiali says that investors should take their ample time to learn the basics of the industry before they invest. The relevant knowledge will help them make wise investment decisions.