A growing relative value trade may be emerging in the cannabis market and a September 12 report from Cowen and Company points to stellar industry profit potential. As the general public begins to understand nuance between the risks marijuana usage, making distinctions between hard drug addiction, the attitudes and politics are shifting to a consensus opinion that points to growth. But with industry growth comes winners and losers. Cannabis investing is a fast growing field with opportunities to reach new heights, but also for major establishment players peril could be ahead.Cowen, for its part, raises a topic that might be the…
Ultimate Sin Trade: Buy Big Cannabis With 9X Growth in Next Ten Years! Sell Big Alcohol
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
Comments are closed.