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Entourage Effect Capital Managing Partner sees blue sky ahead for US Cannabis Industry
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Investing In Cannabis: What You Should Know Before You Begin GOBankingRates 1 hr ago © stockstudioX / Getty Images Paying by credit card for marijuana at a cannabis dispensary.
Cannabis is legal-ish in much of the United States now, creating new opportunities for investors. Kiplinger’s recently talked to Matt Hawkins, partner at Entourage Effect Capital, who’s firm has committed $200 million in 68 different legal cannabis investments, most of which are private companies.
One of his key points during the conversation was that research in the industry is difficult because stocks are generally listed in Canada or OTC in the U.S. There is little third-party research, so potential investors need to do their own work with financial filings.