What Does the Shutting Down of the AdvisorShares Cannabis ETF Investment Fund Say About the Future of the Marijuana Industry?High & Marijuana Blog | Cannabis.Net

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.

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. High & Marijuana Blog | Cannabis.Net Read More or Shop @ https://pinkplanes.com/shop/