Investing in Publicly Traded Cannabis Companies

Note: These episodes were recorded earlier this year and some news has come out about several of the companies mentioned in this episode. We will be releasing a follow-up episode soon to address the updates. Make sure you subscribe so you don’t miss it!

Investing in publicly traded cannabis companies has been on an upward trend for a few years now, and more and more money is being invested by the day. Given my abilities at sniffing out BS, people often reach out to me asking me for recommendations on which companies to invest in. I decided to call upon my favorite, and most trusted wealth advisor, Colby Mcfadden of Quiver Financial and Green Flower Media, to make a series about investing in the cannabis industry to better educate myself, and the masses alike. Let me know what you think!

List of Topics/subjects discussed

• What is an RTO(Reverse Take Over) and why are there so many RTO’s happening in Canada by US companies?
• Why are Canadian companies listed on the NYSE?
• Can US cannabis companies be traded on the NYSE?
• Press Releases - Does it have anything of substance or is it an “ad” dressed up like a press release to pump the stock value up?
• How to approach investing for the best results

3 Lessons Learned

• Beware of FOMO “Greed has lost more money than fear” Fish upstream if you’re cynical
• “Buy on the rumor, sell on the news” Smart money is there BEFORE the press release
• Investing is like online dating - once you get into bed - the ugliness comes out - TAKE IT SLOW

Links to Referenced News Articles In This Episode

• Aphria
• MedMen REIT

Guest Bio and Social Media Links:

Colby is a 22 year veteran of the financial services industry working with many of the largest institutional and private investors.  As CEO of Quiver Holdings LLC Colby has provided strategic guidance to private companies throughout their capital raising campaigns. Colby has been educating and managing investors and entrepreneurs on all s