How to Pick a Good Cannabis ETF for the Long-Term | Ep. 69
In this podcast Matt sits with Dan Ahrens, managing director and chief operating officer for Advisor Shares.
They discuss the current situation of the cannabis market on USA and Canada. Dan explains it’s important to differentiate these two markets because they are on very different situations. Canada’s best companies are not necessarily the best investment options for the future because, after the federal reforms, they overgrew. The administrations are usually not able to keep the fast-paced growth.
The cannabis shares have gone down in the past months, having an MSO’s portfolio manager can help adjust the portfolio more quickly and opportunistically. That’s why this Cannabis ETF is a good option for long-term investors.
Dan reminds all investors the cannabis market is a long-term investment. Anybody who wants to invest here needs to be ready for drop downs below the 50%. The investors need to be patient because no one knows when a federal reform is coming or how it will look like.
- People on US can buy virtual cannabis stocks and cannabis ETFs on https://advisorshares.com/etfs/msos/