Categories: aggregated

What Does the Shutting Down of the AdvisorShares Cannabis ETF Investment Fund Say About the Future of the Marijuana Industry?

Does that mean there is no hope for the future of cannabis investing?  Marijuana businesses today are closing for a varitey of reasons, but an investment fund usually has a 3 to 5 year outlook.  One problem with this fund closing is that it is basically a statement that “the 3 to 5 year look ahead to make a decent return is just not there”, better to put your money in other stocks or assets to make money for the next 5 years. Another problem that is known by industy insiders is that while big “sales” headlines create nice headlines, profits remain elusive for almost 75% of cannabis businesses in America according to Whitney Economics.

Jason

Share
Published by
Jason

Recent Posts

Can’t Visualize Something, Try Smoking Weed! – New Medical Study Shows Cannabis Works for Aphantasia Patients

However, a glimmer of hope has emerged from an unlikely source: cannabis. Some individuals with…

17 hours ago

Life After AI – 10 Tips to Reinvent Yourself after AI Takes Your Job and Your Girlfriend

Nevertheless, this thought experiment raises a crucial issue that we, as a society, must grapple…

17 hours ago

Leafly’s top 5 delta-9 THC gummies of 2024

Find the best delta-9 THC gummies of 2024. Leafly reviewed popular delta-9 THC gummies &…

2 days ago

The 10 Best Twitter (X) Cannabis Handles to Follow for Marijuana News and Updates

We shall look at the top 10 Twitter (X) handles that offer exclusive information to…

2 days ago

How Long Does Weed Stay in Your Saliva? – Mouth Swab Drug Test Guide

Understanding how long marijuana stays in saliva i s crucial for various reasons, including legal…

2 days ago

Science Discovers Cannabis Tolerance Levels – New Study Says Frequency of Marijuana Use Could Effect Cognitive and Motor Skills

Alright, let's dive into this groundbreaking study with all the seriousness it deserves - which…

2 days ago