3 ms·
Interesting. I would think the only safe investment in this industry are the ones that don't touch cannabis itself since a dispensary can't use traditional bank
by two2two 9y ago
Interesting. I would think the only safe investment in this industry are the ones that don't touch cannabis itself since a dispensary can't use traditional banking and is mostly cash business. What I've seen are vertically integrated cannabis business that start as a dispensary, become a producer, and if successful own head shops, edible wholesale, cannabis wholesale, tools of the trade collaboration, etc. The problem is if the federal government wanted to, that whole business can be turned off overnight. So the only safe investment I would imagine are companies that invent technology used in the industry but detached from marijuana itself.