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Investing in the Canadian Cannabis Market

Written by Alexandra Perry
Posted June 28, 2017

Hello and welcome back to Investing After Hours — our Wealth Daily podcast that's dedicated to helping everyday investors navigate major investing trends. Our team of experts has specialized knowledge in a variety of investing methods.

And we broadcast this knowledge from our office above the Baltimore harbor.

I am your host, Alexandra Perry, the research director at Wealth Daily.

Welcome to Episode Number 9: Cannabis Investing and International Markets.

Today's podcast focuses on educating investors about international cannabis markets, specifically the Canadian cannabis market.

Canada is leaps and bounds ahead of the U.S. when it comes to cannabis legalization. In fact, Canadian Prime Minister Justin Trudeau expects Canada to have recreational cannabis legalized by 2018.

That means that this could be one of your last opportunities to get in on a profitable market before the boom.

Cannabis expert Jimmy Mengel joins us to show you how.

Jimmy has been investing in cannabis since 2014. He writes for the free financial e-letter Outsider Club and runs his own exclusive letter called Marijuana Manifesto.

Today, he's going to walk you through:

  • The benefits of cannabis investing in Canada over America.
  • His thoughts on the American cannabis market.
  • A highlight on his favorite American cannabis company.
  • Red flags for investors to look for in the heavily hyped cannabis industry.

And, as an added bonus, the Wealth Daily staff has put together a report on the best exchanges for Canadian cannabis stocks called "How to Buy Canadian Stocks."

You can unlock that report here.

Jimmy Mengel Editor Photo

Jimmy Mengel

Jimmy is the investment director of the thousands-strong financial advisory The Crow's Nest, an easy-to-follow program that will help secure your finances, grow what you have, and allow you to retire comfortably instead of working until you drop — even if you've never bought a stock in your life. You can find out how to join him here.

Jimmy is also the editor of Marijuana Manifesto — a definitive investing guide for the booming cannabis industry. Click here to learn more and to become a member.

Alexandra Perry

alexandra-perry-300 Alexandra Perry is Wealth Daily's research director and a contributing analyst for Energy and Capital.

She has multiple years of experience working with startup companies, primarily focusing on artificial intelligence (AI), cybersecurity, alternative energy, and biotech.

Her take on investing is simple: A new age of investors can make monumental returns by investing in emerging industries and foundational startup ventures.

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