Consumer Goods | National Investor Network

Not Sure Where to Start with Cannabis Investing? Experts Recommend Buying In Stakes

Written by Jason Sanders | Jan 7, 2020 2:57:55 AM

Even though the legal cannabis industry has been around for many years, companies going public is still a relatively new and grey area. Because stocks in the cannabis sector are still growing and emerging, this means volatility. 

This is why experts are recommending that investors in the cannabis space buy-in stakes, based on recommendations on the maximum amount to pay for shares. For instance, an expert could recommend that you sell all of your shares in HEXO Corp. (NYSEMKT: MKT) for about X amount of gains, and also include a recommendation on how much they think you should receive per share. Experts say this strategy can help attract new investors to the cannabis sector who might be concerned about its volatile unpredictability.