Your FP/CM Newsletter – April 2021
THE INVESTABLE LANDSCAPE FOR CANNABIS
GRAY STANGLER, Research Analyst
Cannabis, while still federally illegal, has become increasingly more accepted by Americans nationwide. Thirty-six states now allow medical marijuana sales, and recreational sales are legal in fifteen states.
Over the past two years, publically-traded companies engaged in the harvesting, production and distribution of Cannabis-related products have generated a tremendous amount of investor interest. However, there are still many misconceptions when it comes to the investable landscape, viable business models, and future opportunities.
At Financial Partners we have been tracking this industry closely, and we want to take this opportunity to share our current perspective.