Top Ways To Invest In Cannabis Stocks So Your Investments Don’t Go Up In Smoke

Sep 20, 2024

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Anthony Coniglio is here today to talk about how you can invest in cannabis stocks! Anthony co-founded New Lake Capital Partners, a real estate investment trust (REIT) focused on the cannabis sector. Today he's here to discusses the complexities of investing in cannabis! He touches on the challenges and opportunities in the U.S. cannabis market, such as state-by-state regulations, federal restrictions, and evolving consumer preferences. There is potential for medical cannabis, but there is also need for more research to enable broader investment and growth in the industry.

Today we discuss...

Anthony's 30 years of business experience, and how it led him to co-founding New Lake.
How the cannabis market has garnered attention since Canada's legalization in 2018, with various investment opportunities emerging in both U.S. and Canadian markets.
Investing in cannabis can involve direct plant-touching businesses (cultivators, manufacturers, distributors) or non-plant-touching businesses (ancillary services, real estate).
Medical cannabis is supported by a majority of Americans, but research is hindered by its Schedule I status, limiting evidence on its efficacy.
The Schedule I to Schedule III rescheduling proposal is still pending, with a hearing scheduled for December to address comments and opposition.
The cannabis industry is highly regulated, with indoor cultivation facilities focusing on optimizing THC content.
Consumer preferences are shifting towards edibles and drinks rather than raw flower, indicating potential growth areas in the industry.
Hemp differs from cannabis mainly in THC content, and can be used for various industrial applications, including products with higher THC through legal loopholes.
The cannabis sector faces challenges due to federal regulations affecting banking and investment, impacting liquidity and institutional involvement.
There is a need for policy reform to enable better banking services and research opportunities, which could normalize the industry and recognize its significant employment impact.

For more information, visit the show notes at https://moneytreepodcast.com/invest-in-cannabis-stocks-anthony-coniglio-644