ETF Managers Group Cannabis Research and Banking Expert Jason Wilson in CityWire Selector

Up in smoke? The highs (and lows) of cannabis’ investment case

The decline in related stocks comes following a wave of posivity for the sector. So, has the industry already burnt out or will it find a new spark

Cannabis investing was the best new thing five years ago. While the sector has gained a lot of ground, investors are still awaiting the next big step that turns the most famous leaf into green gold.

Both medicinal and recreational use has become more accepted by society, with several US states having legalised its use, as well as Canada, Mexico, South Africa, Uruguay and Georgia. In the Netherlands, possession in small quantities is tolerated and personal consumption is permitted at licensed coffee shops.

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