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.
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.
Executive Director, National Institute for Cannabis Investors
4 responses to “This Is Why We Don’t Recommend Buying Canadian Cannabis Stocks”
May 26 2021