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Canopy Growth Corporation (WEED $2.30)
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Global X Marijuana Life Sciences Index ETF (HMMJ $8.84)
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Cronos Group Inc. (CRON $4.19)
Q: Hi 5i,
Trump is expected to issue an executive order as soon as Monday that would allow for reclassification of marijuana. If this happens what are your favorite CAD ways to play it. Looking for a way to par-take ;).
Thx
Trump is expected to issue an executive order as soon as Monday that would allow for reclassification of marijuana. If this happens what are your favorite CAD ways to play it. Looking for a way to par-take ;).
Thx
5i Research Answer:
The sector of course has moved and so the expected signing is at least partially reflected in valuations already. We would still generally take a cautious approach. We would look to CRON, and, to a lessor extent, WEED. WEED should be considered far riskier, with its weak cash flow.