{"product_id":"investing-in-cannabis-for-dummies-isbn-9781119674764","title":"Investing in Cannabis For Dummies","description":"\u003cp\u003e\u003cb\u003eInvest in one of the most exciting and booming industries available today\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eInvesting in Cannabis For Dummies\u003c\/i\u003e takes readers on an illuminating and whirlwind tour of the legal cannabis investment industry.  Written by a renowned expert in the world of cannabis, Steve Gormley (also known as the Cannabis Viking), this book provides an in-depth look at all aspects of publicly traded stocks (nationally and internationally) in the cannabis industry for medical or recreational use.\u003c\/p\u003e \u003cp\u003eThis book covers crucial topics for a firm understanding of investing in the cannabis industry, including:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow to evaluate the strength of a cannabis company\u003c\/li\u003e \u003cli\u003eThe differences between investing in public and private companies\u003c\/li\u003e \u003cli\u003eInvesting in different cannabis silos - from cultivation, oils, and edibles, to technology\u003c\/li\u003e \u003cli\u003eAvoiding common scams and traps\u003c\/li\u003e \u003cli\u003eTrading strategy tips\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eInvesting in Cannabis for Dummies\u003c\/i\u003e is perfect for those who want to get in near the ground floor of an industry experiencing a massive expansion due to cannabis legalization around North America, Canada, and around the globe.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction\u003c\/b\u003e\u003cb\u003e 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout This Book 1\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 2\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 3\u003c\/p\u003e \u003cp\u003eBeyond the Book 4\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 4\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: Getting Started with Cannabis Investing 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Taking the Nickel Tour\u003c\/b\u003e\u003cb\u003e 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWeighing the Pros and Cons of Investing in Cannabis 8\u003c\/p\u003e \u003cp\u003ePros 8\u003c\/p\u003e \u003cp\u003eCons 9\u003c\/p\u003e \u003cp\u003eDeciding Whether to Invest in Businesses That Touch the Plant or Those That Don’t 11\u003c\/p\u003e \u003cp\u003eExploring Your Investment Options 12\u003c\/p\u003e \u003cp\u003eStarting your own business 12\u003c\/p\u003e \u003cp\u003eInvesting in cannabis real estate 13\u003c\/p\u003e \u003cp\u003eBuying and selling stocks 14\u003c\/p\u003e \u003cp\u003eDiversifying with exchange traded funds and mutual funds 15\u003c\/p\u003e \u003cp\u003eConsidering private investment opportunities 15\u003c\/p\u003e \u003cp\u003eFinding Investment Opportunities 16\u003c\/p\u003e \u003cp\u003eResearching Investment Opportunities 17\u003c\/p\u003e \u003cp\u003ePlanning Your Investment Strategy 19\u003c\/p\u003e \u003cp\u003eInvesting in a Cannabis Business 20\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Exploring Cannabis Business Types\u003c\/b\u003e\u003cb\u003e 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChoosing Sides: Medical or Adult-Use? 24\u003c\/p\u003e \u003cp\u003eInvesting in medical marijuana 24\u003c\/p\u003e \u003cp\u003eInvesting in adult-use marijuana 25\u003c\/p\u003e \u003cp\u003eRecognizing Different Cannabis Business Types 26\u003c\/p\u003e \u003cp\u003eCultivation 27\u003c\/p\u003e \u003cp\u003eManufacturing 28\u003c\/p\u003e \u003cp\u003eProcessed product brand 30\u003c\/p\u003e \u003cp\u003eRetailers\/dispensaries 30\u003c\/p\u003e \u003cp\u003eDevice makers 31\u003c\/p\u003e \u003cp\u003eConsidering Ancillary Businesses 31\u003c\/p\u003e \u003cp\u003eBreweries 32\u003c\/p\u003e \u003cp\u003eBanking, payroll, and other cash management services 32\u003c\/p\u003e \u003cp\u003eBlockchain and other technologies 34\u003c\/p\u003e \u003cp\u003eDelivery services 34\u003c\/p\u003e \u003cp\u003eGrow equipment manufacturers and suppliers 35\u003c\/p\u003e \u003cp\u003eMarketing, public relations, and advertising firms 35\u003c\/p\u003e \u003cp\u003eProfessional employer organizations 36\u003c\/p\u003e \u003cp\u003ePharmaceutical and biotech companies 36\u003c\/p\u003e \u003cp\u003eReal estate 37\u003c\/p\u003e \u003cp\u003eSecurity services and security equipment suppliers 38\u003c\/p\u003e \u003cp\u003eSoftware companies 38\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Understanding the Political, Cultural, and Regulatory Landscape\u003c\/b\u003e\u003cb\u003e 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRecognizing the Impact of Laws on the Industry 40\u003c\/p\u003e \u003cp\u003eGetting up to speed on U.S federal law and enforcement 40\u003c\/p\u003e \u003cp\u003eBrushing up on state cannabis laws 44\u003c\/p\u003e \u003cp\u003eConsidering local laws, too 45\u003c\/p\u003e \u003cp\u003eExamining cannabis laws in other countries 46\u003c\/p\u003e \u003cp\u003eRiding the Waves of Politics and Culture 46\u003c\/p\u003e \u003cp\u003eChecking the nation’s pulse 47\u003c\/p\u003e \u003cp\u003eDebunking misconceptions of cannabis and users 49\u003c\/p\u003e \u003cp\u003eExamining activism 50\u003c\/p\u003e \u003cp\u003eTuning into cannabis culture 52\u003c\/p\u003e \u003cp\u003eAccounting for the High Costs of Doing Business 53\u003c\/p\u003e \u003cp\u003eRegulatory and compliance costs 53\u003c\/p\u003e \u003cp\u003eFederal, state, and local taxes 54\u003c\/p\u003e \u003cp\u003eSecurity costs 55\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Sizing Up the Risks and Rewards of Cannabis Investing\u003c\/b\u003e\u003cb\u003e 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWeighing the Risks 58\u003c\/p\u003e \u003cp\u003eFalling victim to con artists 58\u003c\/p\u003e \u003cp\u003eInvesting in an overvalued company 60\u003c\/p\u003e \u003cp\u003eAccounting for dilution risks 61\u003c\/p\u003e \u003cp\u003eWeighing the risks of potential commoditization 62\u003c\/p\u003e \u003cp\u003eRecognizing the possibility of changes in how federal marijuana laws are enforced 63\u003c\/p\u003e \u003cp\u003eConsidering the impact of state and local regulation and enforcement 64\u003c\/p\u003e \u003cp\u003eEvaluating risks associated with obtaining banking and financial services 65\u003c\/p\u003e \u003cp\u003eAnticipating the impact of possible supply and demand imbalances 65\u003c\/p\u003e \u003cp\u003eConsidering the possibility of business failure 67\u003c\/p\u003e \u003cp\u003eAssessing the Potential Rewards 67\u003c\/p\u003e \u003cp\u003eDeciding Whether Investing in Cannabis is Right for You 68\u003c\/p\u003e \u003cp\u003eConsidering your investment goals 68\u003c\/p\u003e \u003cp\u003eAssessing your own risk tolerance 69\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: Doing Your Homework 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Exploring Your Investment Options\u003c\/b\u003e\u003cb\u003e 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eComparing Public versus Private Investment Options 74\u003c\/p\u003e \u003cp\u003eUnderstanding how companies raise capital 74\u003c\/p\u003e \u003cp\u003eInvesting in private companies 76\u003c\/p\u003e \u003cp\u003eInvesting in public companies 78\u003c\/p\u003e \u003cp\u003eInvesting Domestically or Abroad? 79\u003c\/p\u003e \u003cp\u003eInvesting in Cannabis or Ancillary Businesses? 81\u003c\/p\u003e \u003cp\u003eBuying and Selling Cannabis Stocks 83\u003c\/p\u003e \u003cp\u003eGoing mainstream with listed stocks 83\u003c\/p\u003e \u003cp\u003eBargain hunting with unlisted, over-the-counter stocks 84\u003c\/p\u003e \u003cp\u003eDiversifying with exchange traded funds 84\u003c\/p\u003e \u003cp\u003eBetting on an index with exchange traded notes 86\u003c\/p\u003e \u003cp\u003eWhat about mutual funds? 86\u003c\/p\u003e \u003cp\u003eBuying and selling shares of Canadian cannabis companies 87\u003c\/p\u003e \u003cp\u003eInvesting as a Venture Capitalist 88\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Digging Up Cannabis Investment Opportunities\u003c\/b\u003e\u003cb\u003e 89\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUsing Online Investment Tools and Apps 90\u003c\/p\u003e \u003cp\u003eCannabis Stock Trades 91\u003c\/p\u003e \u003cp\u003eYahoo! Finance 91\u003c\/p\u003e \u003cp\u003eMorningstar 92\u003c\/p\u003e \u003cp\u003eFINVIZ 92\u003c\/p\u003e \u003cp\u003eETFdb.com 93\u003c\/p\u003e \u003cp\u003eFeeX 93\u003c\/p\u003e \u003cp\u003eFRED 93\u003c\/p\u003e \u003cp\u003eThe Marijuana Index 94\u003c\/p\u003e \u003cp\u003eMarijuana Stocks 94\u003c\/p\u003e \u003cp\u003eBarchart 94\u003c\/p\u003e \u003cp\u003eApps 95\u003c\/p\u003e \u003cp\u003eStaying Abreast of Cannabis Industry News 96\u003c\/p\u003e \u003cp\u003eScoping Out Opportunities in Exchange Traded Funds 100\u003c\/p\u003e \u003cp\u003eFinding Private Equity and Venture Capital Funds and Firms 101\u003c\/p\u003e \u003cp\u003eGetting Investment Leads from a Broker 102\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Researching Cannabis Businesses and Stocks: Fundamental Analysis\u003c\/b\u003e\u003cb\u003e 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGrasping Fundamental Analysis Basics 104\u003c\/p\u003e \u003cp\u003eResearching Any Company You’re Thinking of Investing in 106\u003c\/p\u003e \u003cp\u003eAssessing the management team 106\u003c\/p\u003e \u003cp\u003eEvaluating the company’s financial health 109\u003c\/p\u003e \u003cp\u003eEvaluating startups and investments in licenses 111\u003c\/p\u003e \u003cp\u003eLooking at the company’s business strategy 112\u003c\/p\u003e \u003cp\u003eChecking out the company’s competitive position 115\u003c\/p\u003e \u003cp\u003eChecking any insider buying or selling 116\u003c\/p\u003e \u003cp\u003eLooking into warrants and convertible securities 117\u003c\/p\u003e \u003cp\u003eFollowing analyst coverage and conference calls 119\u003c\/p\u003e \u003cp\u003eDigging up dirt 120\u003c\/p\u003e \u003cp\u003eEvaluating Cannabis Cultivation Businesses 121\u003c\/p\u003e \u003cp\u003eSizing up the grow master 121\u003c\/p\u003e \u003cp\u003eChecking a grower’s cost per gram 122\u003c\/p\u003e \u003cp\u003eComparing cost per gram 123\u003c\/p\u003e \u003cp\u003eConsidering the cultivator’s clientele 123\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Analyzing Market Trends: Technical Analysis\u003c\/b\u003e\u003cb\u003e 125\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eComparing Technical and Fundamental Analysis 126\u003c\/p\u003e \u003cp\u003eGrasping the principles of technical analysis 126\u003c\/p\u003e \u003cp\u003eWeighing the pros and cons of technical analysis 128\u003c\/p\u003e \u003cp\u003eCombining the best of both worlds 129\u003c\/p\u003e \u003cp\u003eGathering your tools 130\u003c\/p\u003e \u003cp\u003eSpotting and Monitoring Trends 131\u003c\/p\u003e \u003cp\u003eExamining different trends 131\u003c\/p\u003e \u003cp\u003eGauging a trend’s length 134\u003c\/p\u003e \u003cp\u003eFollowing trendlines 134\u003c\/p\u003e \u003cp\u003eLooking for resistance and support 135\u003c\/p\u003e \u003cp\u003eReferencing Technical Charts 136\u003c\/p\u003e \u003cp\u003eGetting to know the different chart types 136\u003c\/p\u003e \u003cp\u003eIdentifying chart patterns 138\u003c\/p\u003e \u003cp\u003eInterpreting Technical Indicators 143\u003c\/p\u003e \u003cp\u003eThe Relative Strength Index 143\u003c\/p\u003e \u003cp\u003eThe Money Flow Index 144\u003c\/p\u003e \u003cp\u003eMoving averages 144\u003c\/p\u003e \u003cp\u003eMoving average convergence divergence 144\u003c\/p\u003e \u003cp\u003eBollinger Bands 145\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3: Buying and Selling Cannabis Stocks, ETFs, or Mutual Funds 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Choosing a Broker or Advisor \u003c\/b\u003e\u003cb\u003e149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining the Broker’s Role 150\u003c\/p\u003e \u003cp\u003eDistinguishing between Full-Service and Discount Brokers 150\u003c\/p\u003e \u003cp\u003eAt your disposal: Full-service brokers 151\u003c\/p\u003e \u003cp\u003eJust the basics: Discount brokers 153\u003c\/p\u003e \u003cp\u003eDeciding Whether to Fly Solo or Consult a Broker or Advisor 154\u003c\/p\u003e \u003cp\u003eFinding a Cannabis-Savvy Broker or Advisor 155\u003c\/p\u003e \u003cp\u003eEvaluating Brokers and Advisors 155\u003c\/p\u003e \u003cp\u003eComparing costs 156\u003c\/p\u003e \u003cp\u003eComparing quality and service 156\u003c\/p\u003e \u003cp\u003eChecking credentials 157\u003c\/p\u003e \u003cp\u003eComparing online brokers 158\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Using Screening Tools\u003c\/b\u003e\u003cb\u003e 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSearching the Marijuana Stock Universe 162\u003c\/p\u003e \u003cp\u003eGetting Up to Speed on the Different Exchanges and Markets 165\u003c\/p\u003e \u003cp\u003eBrowsing through the Daily Marijuana Observer’s List\u003c\/p\u003e \u003cp\u003eof OTC Cannabis Stocks 167\u003c\/p\u003e \u003cp\u003eChecking Out Other Stock Screeners 168\u003c\/p\u003e \u003cp\u003eScreening Cannabis Investment Funds 170\u003c\/p\u003e \u003cp\u003eWhat to Screen for 172\u003c\/p\u003e \u003cp\u003eFirst up: The major categories 172\u003c\/p\u003e \u003cp\u003eThe main event: Specific filters 173\u003c\/p\u003e \u003cp\u003eValuation measures 175\u003c\/p\u003e \u003cp\u003eFinancial Highlights 176\u003c\/p\u003e \u003cp\u003eA Few Final Points to Keep in Mind 176\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Placing Buy and Sell Orders for Cannabis Stocks and ETFs\u003c\/b\u003e\u003cb\u003e 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding the Bid-Ask Spread 178\u003c\/p\u003e \u003cp\u003ePlacing an Order to Buy or Sell Shares 179\u003c\/p\u003e \u003cp\u003eChoosing an Action 182\u003c\/p\u003e \u003cp\u003eBuy 182\u003c\/p\u003e \u003cp\u003eSell 182\u003c\/p\u003e \u003cp\u003eSell all shares 182\u003c\/p\u003e \u003cp\u003eUnderstanding the Different Order Types 183\u003c\/p\u003e \u003cp\u003eMarket orders 184\u003c\/p\u003e \u003cp\u003eLimit orders 184\u003c\/p\u003e \u003cp\u003eStop orders 185\u003c\/p\u003e \u003cp\u003eTrailing stop orders 186\u003c\/p\u003e \u003cp\u003eSpecifying a Timeframe 187\u003c\/p\u003e \u003cp\u003eDay 187\u003c\/p\u003e \u003cp\u003eGood till canceled 188\u003c\/p\u003e \u003cp\u003eFill or kill 188\u003c\/p\u003e \u003cp\u003eImmediate or cancel 188\u003c\/p\u003e \u003cp\u003eMarket on open 189\u003c\/p\u003e \u003cp\u003eMarket on close 189\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Exploring Advanced Trading Techniques\u003c\/b\u003e\u003cb\u003e 191\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBuying on Margin 191\u003c\/p\u003e \u003cp\u003eRegistering to buy on margin 192\u003c\/p\u003e \u003cp\u003eExamining marginal outcomes 193\u003c\/p\u003e \u003cp\u003eStriving for success on margin 194\u003c\/p\u003e \u003cp\u003eShorting a Stock 195\u003c\/p\u003e \u003cp\u003eSetting up a short sale 196\u003c\/p\u003e \u003cp\u003eTaking a hit when the stock price keeps rising 197\u003c\/p\u003e \u003cp\u003eResponding when you feel the squeeze 198\u003c\/p\u003e \u003cp\u003eRecognizing the ups and downs of shorting cannabis stocks 198\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4: Exploring Cannabis Investment Strategies 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Following the Money: Momentum Investing (aka Speculating)\u003c\/b\u003e\u003cb\u003e 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSpotting Opportunities to Buy: Upward Momentum 204\u003c\/p\u003e \u003cp\u003eWatching for Signals to Sell: Downward Momentum 207\u003c\/p\u003e \u003cp\u003eFollowing the Smart Money 208\u003c\/p\u003e \u003cp\u003eAvoiding Some of the Risks Inherent in Momentum Investing 209\u003c\/p\u003e \u003cp\u003eWatching out for the short squeeze 209\u003c\/p\u003e \u003cp\u003eSteering clear of pump-and-dump scams 210\u003c\/p\u003e \u003cp\u003eAvoiding cannabis stock and industry bubbles 211\u003c\/p\u003e \u003cp\u003eKnowing when momentum investing works and when it doesn’t 211\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Investing in Canadian Cannabis Companies\u003c\/b\u003e\u003cb\u003e 213\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDeciding Whether to Invest in Canadian or U.S Cannabis Businesses 214\u003c\/p\u003e \u003cp\u003eThe pros and cons of the Canadian cannabis market 214\u003c\/p\u003e \u003cp\u003eThe pros and cons of the U.S cannabis market 216\u003c\/p\u003e \u003cp\u003eScoping Out the Four Leading Canadian Cannabis Companies 217\u003c\/p\u003e \u003cp\u003eCanopy Growth Corporation 217\u003c\/p\u003e \u003cp\u003eCronos Group 218\u003c\/p\u003e \u003cp\u003eAurora Cannabis 218\u003c\/p\u003e \u003cp\u003eAphria 219\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Investing in Countries Where Marijuana is Legal\u003c\/b\u003e\u003cb\u003e 221\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eArgentina 222\u003c\/p\u003e \u003cp\u003eAustralia 223\u003c\/p\u003e \u003cp\u003eBrazil 224\u003c\/p\u003e \u003cp\u003eChile 224\u003c\/p\u003e \u003cp\u003eColombia 225\u003c\/p\u003e \u003cp\u003eCzech Republic 226\u003c\/p\u003e \u003cp\u003eEcuador 226\u003c\/p\u003e \u003cp\u003eGermany 227\u003c\/p\u003e \u003cp\u003eGreece 227\u003c\/p\u003e \u003cp\u003eIreland 228\u003c\/p\u003e \u003cp\u003eIsrael 228\u003c\/p\u003e \u003cp\u003eItaly 229\u003c\/p\u003e \u003cp\u003eJamaica 230\u003c\/p\u003e \u003cp\u003eThe Netherlands 230\u003c\/p\u003e \u003cp\u003eNew Zealand 231\u003c\/p\u003e \u003cp\u003eNorway 232\u003c\/p\u003e \u003cp\u003ePeru 232\u003c\/p\u003e \u003cp\u003ePoland 233\u003c\/p\u003e \u003cp\u003ePortugal 233\u003c\/p\u003e \u003cp\u003eSwitzerland 233\u003c\/p\u003e \u003cp\u003eThailand 234\u003c\/p\u003e \u003cp\u003eUnited Kingdom 234\u003c\/p\u003e \u003cp\u003eZambia 235\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Minimizing Risks While Maximizing Gains\u003c\/b\u003e\u003cb\u003e 237\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStaying Plugged in to the Industry 238\u003c\/p\u003e \u003cp\u003eInvesting in the People, Not the Plant 239\u003c\/p\u003e \u003cp\u003ePerforming Your Due Diligence 239\u003c\/p\u003e \u003cp\u003eTrading Cannabis Stocks on Private Markets 240\u003c\/p\u003e \u003cp\u003eInvesting in the Biggest Markets 241\u003c\/p\u003e \u003cp\u003eDiversifying Inside and Outside the Industry 241\u003c\/p\u003e \u003cp\u003eInvesting in Multi-state Operators 242\u003c\/p\u003e \u003cp\u003eKeep an Eye on the ETFs 243\u003c\/p\u003e \u003cp\u003eInvest in Innovative Companies 244\u003c\/p\u003e \u003cp\u003eUse Different Stock Order Types to Your Advantage 245\u003c\/p\u003e \u003cp\u003eDon’t Get Greedy 246\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5: The Part of Tens 247\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Ten Ways to Profit When the Market Drops\u003c\/b\u003e\u003cb\u003e 249\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBe Patient, But Vigilant 250\u003c\/p\u003e \u003cp\u003eReview Your Portfolio 250\u003c\/p\u003e \u003cp\u003eCut Your Losses 250\u003c\/p\u003e \u003cp\u003eBuy More Shares 251\u003c\/p\u003e \u003cp\u003eFocus on Value Stocks 251\u003c\/p\u003e \u003cp\u003eShort Bad Stocks 251\u003c\/p\u003e \u003cp\u003eFind Potential Treasures with Bond Ratings 252\u003c\/p\u003e \u003cp\u003eRotate Sectors 252\u003c\/p\u003e \u003cp\u003eBuy a Call Option 252\u003c\/p\u003e \u003cp\u003eWrite a Covered Call Option 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18: Ten Reasons Not to Invest in Marijuana Stocks\u003c\/b\u003e\u003cb\u003e 255\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMarijuana is Still Federally Illegal in the U.S. 256\u003c\/p\u003e \u003cp\u003eMarijuana Investment Scams Are Rampant 256\u003c\/p\u003e \u003cp\u003eEarning a Profit as a Cannabis Business is a Huge Challenge 257\u003c\/p\u003e \u003cp\u003eIllegal Operations Undermine Demand for Legal Products 258\u003c\/p\u003e \u003cp\u003eThe Industry is Very Fragmented 258\u003c\/p\u003e \u003cp\u003eOversupply is More Likely Than Not 258\u003c\/p\u003e \u003cp\u003eBad News is Just Around the Corner 259\u003c\/p\u003e \u003cp\u003eMarijuana Laws Are Slow to Change 259\u003c\/p\u003e \u003cp\u003eCompany Shares Are Being Diluted 260\u003c\/p\u003e \u003cp\u003eDemand is Unpredictable 260\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19: Ten (Plus One) Criteria for Choosing a Cannabis Investment\u003c\/b\u003e\u003cb\u003e 261\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExperienced and Successful Management Team 262\u003c\/p\u003e \u003cp\u003eSteady Revenue Growth 262\u003c\/p\u003e \u003cp\u003eConsistent Profit Growth 263\u003c\/p\u003e \u003cp\u003eComparatively Low Price-to-Earnings Ratio 263\u003c\/p\u003e \u003cp\u003ePositive Money Flow Indicator 264\u003c\/p\u003e \u003cp\u003eExpanding Free Cash Flow 264\u003c\/p\u003e \u003cp\u003eOperations in Other States or Countries 264\u003c\/p\u003e \u003cp\u003eGrowing Market 265\u003c\/p\u003e \u003cp\u003eIncreasing Market Share 265\u003c\/p\u003e \u003cp\u003ePositive Reputation in the Industry 266\u003c\/p\u003e \u003cp\u003eManageable Debt 266\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20: Ten Mistakes to Avoid\u003c\/b\u003e\u003cb\u003e 267\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFailing to Diversify Sufficiently 267\u003c\/p\u003e \u003cp\u003eRelying Solely on Online Information 268\u003c\/p\u003e \u003cp\u003eNot Performing Due Diligence 268\u003c\/p\u003e \u003cp\u003eBelieving Federal Legalization Will Happen Soon 269\u003c\/p\u003e \u003cp\u003eFailing to Account for Regulations 269\u003c\/p\u003e \u003cp\u003eFailing to Consider the Possibility of Bad News 269\u003c\/p\u003e \u003cp\u003eBuying or Selling Too Late or Too Early 270\u003c\/p\u003e \u003cp\u003eIgnoring Business Fundamentals 270\u003c\/p\u003e \u003cp\u003eExpecting All Marijuana Stocks to Be Winners 271\u003c\/p\u003e \u003cp\u003eBuying a Stock Just Because It’s Cheap 271\u003c\/p\u003e \u003cp\u003eIndex 273\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eSteven Gormley\u003c\/b\u003e is CEO at Radiko Holdings. He's a celebrated expert in the legal marijuana sector and his analyses have been featured prominently in media outlets like \u003ci\u003eForbes,\u003c\/i\u003e the \u003ci\u003eWall Street Journal\u003c\/i\u003e , and \u003ci\u003eMarketwatch.\u003c\/i\u003e Steven is also Chief Operating Officer of Silverback Investments, Inc, a management company in the cannabis space.   \u003c\/p\u003e\u003cul\u003e \u003cli\u003eBe a pioneer and invest in cannabis\u003c\/li\u003e \u003cli\u003eUnderstand the risks and rewards of investing in cannabis\u003c\/li\u003e \u003cli\u003eDiscover the hottest investment categories\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003cb\u003eGet in on the ground floor of legal cannabis\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eAre you looking for an exciting new industry that's ripe for investment? Look no further than the newly emerging market of legal cannabis. Sometimes called the new \"gold rush,\" the striking demand for ownership in new cannabis companies is outpacing supply. However, new investors face a steep learning curve as they approach an industry still in its infancy. Join renowned expert Steven Gormley as he takes you on a deep dive into all aspects of cannabis investing. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eInside...\u003c\/b\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003eEvaluate company strength\u003c\/li\u003e \u003cli\u003eChoose between public and private\u003c\/li\u003e \u003cli\u003eDiversify cannabis investments\u003c\/li\u003e \u003cli\u003eGet fantastic trading tips\u003c\/li\u003e \u003cli\u003eUnderstand the regulatory landscape\u003c\/li\u003e \u003cli\u003eWin with insightful strategies\u003c\/li\u003e \u003cli\u003eGuidance on investing in countries where cannabis is legal\u003c\/li\u003e \u003c\/ul\u003e","brand":"For Dummies","offers":[{"title":"Default Title","offer_id":47989473247461,"sku":"NP9781119674764","price":26.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119674764.jpg?v=1761784241","url":"https:\/\/k12savings.com\/products\/investing-in-cannabis-for-dummies-isbn-9781119674764","provider":"K12savings","version":"1.0","type":"link"}