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

Cannabis Rescheduling Could Happen Today. Don’t Call It Legalization.

The Trump administration is preparing to move cannabis from Schedule I to Schedule III of…

4 hours ago

Are The Feds Finally Going To Let Medicare Cover CBD and Even THC?

Based on the ruling, products that are legal federally as well as at the state…

4 hours ago

Cannabis Through the Ages: What Humanity Knew for Millennia — and What Prohibition Made Us Forget

The drug’s history of healing and experimentation stretches from ancient China to American counterculture —…

1 day ago

High Times And Last Prisoner Project Launch Ongoing Partnership To Fight For Cannabis Prisoners

The new partnership will spotlight the stories of people still behind bars for cannabis, support…

1 day ago

Colombia to Cull Dozens of Hippos: From Pablo Escobar’s Pets to a Chronicle of a Death Foretold

Colombia is moving forward with a controversial plan to euthanize dozens of invasive hippos descended…

1 day ago

The Extinction of the Real: How Traditional Hashish Vanished While the Modern Market Looked Away

Imported hashish sustained mountain economies for centuries—until modern legalization and market economics erased it almost…

1 day ago