Cannabis Investing for the Broke

Want to get in on the industry but barely have enough to buy your own weed? You can. Take it from CODIE SANCHEZ, a partner in one of the first private equity funds in this space.

There’s a lot of money to be made in cannabis. That’s why deep-pocketed venture capitalists and private equity funds are placing million-dollar bets on the most interesting companies. But how does the average investor get in on the action—or better yet, the average enthusiast with little money to spend? Sure, they could just buy stock in one of the many public cannabis companies on Wall Street and the Canadian Stock Exchange. We’ve seen plenty of exciting IPOs lately. But that’s not where the biggest (potential!) returns are. Those come by investing directly into companies. And how does the average investor do that? There are many ways that don’t require you to sell your home, all with the caveat of: Don’t bet the house, be cautious, invest only with money you…

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Green Entrepreneur (Digital) - 1 Issue, Summer 2019

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