Before buying your next Canadian cannabis stock, read this…

I’ve noticed that folks who don’t have the National Institute for Cannabis Investors (NICI) in their corner often fall into the same trap – loading their portfolio with Canadian cannabis stocks.

That could be because they think these investments are better, since cannabis is fully legal in Canada

Or because Canadian licensed producers (LPs) trade on major exchanges like the New York Stock Exchange (NYSE) and Nasdaq while American cannabis stocks trade on the over-the-counter markets (OTCMKTs)…

Or they are the only cannabis stocks available to them on platforms like Robinhood.

Or maybe they just think that all cannabis companies are one in the same, so it doesn’t matter which stock they buy.

But we’re here to tell you that loading your portfolio with only Canadian cannabis stocks is one of the biggest mistakes you can make.

And right now, I’m going to show you why so you never fall into that trap again…

I really want to drive this point home that United States cannabis companies are your single best bet for making money in this industry, because it could mean the difference between securing a nest egg for your future and losing it.

So tomorrow, I’m going to take a deeper dive into one Canadian LP in particular and show you an American multistate operator (MSO) that you can invest in today for a much bigger payout than a Canadian cannabis stock could ever provide.

Until then, make sure you check out this new video report from chief investment strategist Shah Gilani, who is sharing his critical recommendations for protecting your profits and multiplying your returns in 2021 and beyond.

Take care,


Don Yocham
Executive Director, National Institute for Cannabis Investors


Comments

4 responses to “This Is Why We Don’t Recommend Buying Canadian Cannabis Stocks”

  1. Don, Which Canadian companies are useless,to use your words. The MSO’s that you have highlighted are getting the returns that make sense. Maybe I need to unload some of these laggards,any ideas?

  2. I have a question concerning CL Cresco Labs. Last week you suggested selling all of our CL Canadian stocks but keep the CL US. The above video doesn’t address your thinking at the time, concerning Cresco Labs Canadian stock market and the US Exchange. Could you help me understand?
    Thanks in advance Don. I really enjoy the info your provide.
    Garry C

    • Thanks for the question, Gary.

      For our position in Cresco, we had a 100% gain at the time, so we decided to take it, which has worked out in our favor! We were able to sell out at $16.56, while the price today is $13.70. We had also talked about the other opportunity in that alert that that money could be used for, which is now up 6% in 6 days. Companies based in Canada, as opposed to companies listing on a Canadian exchange, are two different matters. Companies that just sell cannabis in Canada have limited upside because the market is smaller than the U.S. Listing on a Canadian exchange is just where the stock can be bought and sold. We hope that helps answer your question.

  3. AS FAR AS CANADIAN CANNABIS COMPANIES, WOULD THERE NOT BE OPPORTUNITY WITH M&A? COMPANIES LIKE AUXLY ARE STARTING TO SHOW PROFITABILITY AND I WOULD THINK THEY WOULD BE BIG TARGETS FOR THE LARGER PLAYERS.

Leave a Reply

Your email address will not be published. Required fields are marked *