How to Invest in Emerging Industries Like Marijuana

(0:30) – Investing In Emerging Industries
(4:10) – Marijuana Stocks Taking A Hit: Is It Time To Invest?
(10:00) – Is Hemp and CBD the Way To Go?
(15:35) – What Can We Expect For The Future Of The Cannabis Industry?
(19:00) – Top Picks To Watch Out For
(26:15) – Episode Roundup: CHWY, ACB, CGC, GWPH, IIPR, MJ
Podcast@Zacks.com

Welcome to Episode #196 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week, Tracey is joined by Zacks Stock Strategist and the editor of the Marijuana Innovator newsletter, David Borun, to talk about what is going on in the marijuana industry, especially with the stocks.

Investors are still in love with the pot stocks despite the big sell off in the shares in 2019.

Like many new industries, there have been growing pains in marijuana as small companies try and adjust to being in the spotlight as well as coping with growing their business which is moving at lightning speed.

How should investors be looking at the industry?

Year-to-date it’s down 18.8% as the marijuana stocks have gotten hit.

It’s also passively managed, which means there is no one running it who can move quickly if something doesn’t go right at one of the companies.

Aurora is down 16.3% and Canopy Growth has fallen 15.4% year-to-date.

Could this be a buying opportunity in the growers?

Instead of just focusing solely on the growers, David encourages investors to look at other parts of the industry.

Valuations have come down in many of the pot stocks.

Is now the time to buy?

Find out the answer to this, and more, on this week’s podcast.

How to Invest in Emerging Industries Like Marijuana

Author: CSN

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