• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

Should You Invest in Weed? TD Wealth's Chris Blake Weighs In

May 24, 2017

 

Should I invest in the marijuana industry? This is one of the most commonly asked question we receive here at The Daily Marijuana Observer. 

 

"You should not think of them as investments at this point," says Chris Blake, Senior Portfolio Manager of North American Equities at TD Wealth. In his interview, Blake breaks down many of the key things to watch when it comes to this industry, and makes his case for why these companies are "gambling chips."

 

In a prior report, Blake said that cannabis companies "lack strategic differentiation." He explains this stance further in his interview, saying that "the product is a plant, and it grows from seeds, and anyone can get the seeds, and many of the seeds are going to be the same no matter who is growing the marijuana. " We believe this to be untrue. 

 

There are over 100 different cannabinoids. Cultivators all over the world are working to make strains of cannabis that have higher and lower concentrations of these various cannabinoids for both medicinal and recreational use. As a result, there is actually a tremendous amount of diversity in the cannabis world. 

 

Beyond making the case against cannabis investment, Blake talks about the United States' cannabis space as well as Canada's. "Initially, there will be tremendous growth," Blake says, citing the switch from black market cannabis transactions to legitimate and legal transactions. 

 

To hear the rest of what Blake has to say, check out the full video interview below!

 

 

Conclusion

 

Be sure to subscribe to one or more of our free newsletters so you never miss an important cannabis update. Also, don't forget to connect with The Daily Marijuana Observer on Facebook, Twitter, and Instagram

 

D/M/O

 

Read more articles tagged:

Please reload

LATEST NEWS
Please reload

Please reload

DMO

© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.