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Investment in Cannabis, Marijuana firms

Any other investment discussions eg. peer to peer lending
TheMotorcycleBoy
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Investment in Cannabis, Marijuana firms

#186358

Postby TheMotorcycleBoy » December 12th, 2018, 12:30 pm

So I'd like to invest in the Cannabis/Marijuana business. A lot seems to be happening abroad, i.e. US and Canada. Now whilst I'm aware of firms such as Aphria (TSE: APHA), I'd rather not go through the aggro and risk of the currency conversion for a single firm. What I'd be happier to consider is some kind of Fund or IT which wraps up a whole basket of stocks in such firms, de-risking exposure to any one firm in particular.

Does anyone know of such a fund/IT available to simple purchase in the UK? Or am I clearly stoned out of my mind to even consider the existence of such a thing?

many thanks
Matt

SalvorHardin
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Re: Investment in Cannabis, Marijuana firms

#186370

Postby SalvorHardin » December 12th, 2018, 1:52 pm

The only one I know of is Sativa Investments. It is listed on the NEX exchange growth market, which is AIMs little brother for early stage companies. So all the warnings about AIM apply with knobs on.

Market cap. £33 million. Share price 6.25p. I don't know any more than that.

I wouldn't dismiss American and Canadian shares. It's not much more difficult to buy them than UK listed shares and the currency risk is the same as owning them via a fund.

Urbandreamer
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Re: Investment in Cannabis, Marijuana firms

#186372

Postby Urbandreamer » December 12th, 2018, 2:02 pm

I think that it's still a bit early for a fund, IT or ETF.

Things are moving very fast in this area. The IC did a piece on the subject and a podcast. Try a search to find them.
Since then I know a number of tobbaco companys have been investing.

However remember what I said about it being fast moving. The article is 3 months old!
Cannabis is grown*, legally, in this country. However export restrictions mean that it can't be exported except as a processed drug for medical purposes. The same is true as far as I know even for countries who have legalised recreational use.

We really need WTO, UN, INCB and others to wise up in this area. Not just on Cannabis. There is, or was, serious concern about the legal opium supply. Illegally it's grown all over the place, but a bad harvest in one country could produce world wide shortages of the legal stuff considering that the bulk is produced in just 3 countries and only 5 are licenced to produce.

*Would you believe that British cannabis is grown by the company that owns the clothing shop Primark! I'm not sure that cannabis is yet a significant earner for ABF though.

TheMotorcycleBoy
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Re: Investment in Cannabis, Marijuana firms

#186374

Postby TheMotorcycleBoy » December 12th, 2018, 2:14 pm

Thanks people...

SalvorHardin wrote:The only one I know of is Sativa Investments. It is listed on the NEX exchange growth market, which is AIMs little brother for early stage companies. So all the warnings about AIM apply with knobs on.

Market cap. £33 million. Share price 6.25p. I don't know any more than that.

Ok - that's a start.

SalvorHardin wrote:I wouldn't dismiss American and Canadian shares. It's not much more difficult to buy them than UK listed shares and the currency risk is the same as owning them via a fund.

I think, seeing I'm still green re. private investing, a fund will hopefully give me some de-risking diversity. I do like doing Company Analysis, but for one or two sectors, (mining is another area I currently view in the same light), I'd rather start with a fund - ideally.

Urbandreamer wrote:I think that it's still a bit early for a fund, IT or ETF.

Things are moving very fast in this area. The IC did a piece on the subject and a podcast. Try a search to find them.

I do have a recent IC mag with the leaf on the front cover. I read it, but yeah, only discrete stocks mentioned IIRC.

Urbandreamer wrote:Since then I know a number of tobbaco companys have been investing.

Indeed...

http://www.imperialbrandsplc.com/Media2 ... -cann.html

Glad I topped up IMB the other month. Will continue to do so!

Urbandreamer wrote:However remember what I said about it being fast moving. The article is 3 months old!
Cannabis is grown*, legally, in this country. However export restrictions mean that it can't be exported except as a processed drug for medical purposes. The same is true as far as I know even for countries who have legalised recreational use.

We really need WTO, UN, INCB and others to wise up in this area. Not just on Cannabis. There is, or was, serious concern about the legal opium supply. Illegally it's grown all over the place, but a bad harvest in one country could produce world wide shortages of the legal stuff considering that the bulk is produced in just 3 countries and only 5 are licenced to produce.

Yup totally agree! And it will happen....quite soon I think...

Matt

Charlottesquare
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Re: Investment in Cannabis, Marijuana firms

#188844

Postby Charlottesquare » December 22nd, 2018, 5:16 pm

TheMotorcycleBoy wrote:So I'd like to invest in the Cannabis/Marijuana business. A lot seems to be happening abroad, i.e. US and Canada. Now whilst I'm aware of firms such as Aphria (TSE: APHA), I'd rather not go through the aggro and risk of the currency conversion for a single firm. What I'd be happier to consider is some kind of Fund or IT which wraps up a whole basket of stocks in such firms, de-risking exposure to any one firm in particular.

Does anyone know of such a fund/IT available to simple purchase in the UK? Or am I clearly stoned out of my mind to even consider the existence of such a thing?

many thanks
Matt


So in effect a joint investment fund. :D

TheMotorcycleBoy
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Re: Investment in Cannabis, Marijuana firms

#188905

Postby TheMotorcycleBoy » December 23rd, 2018, 9:18 am

Charlottesquare wrote:So in effect a joint investment fund. :D

Exactly! :lol:

toofast2live
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Re: Investment in Cannabis, Marijuana firms

#195169

Postby toofast2live » January 21st, 2019, 4:34 am

There’s a boy down the street who cuts me a good deal...


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