Impacts of National Legalization and Cannabis Investments
Manage episode 294571034 series 2928557
Note: These episodes were recorded earlier this year and some news has come out about several of the companies mentioned in this episode. We will be releasing a follow-up episode soon to address the updates. Make sure you subscribe so you don’t miss it!
Given my astute ability at sniffing out BS, people often reach out to me asking me for recommendations on which companies to invest in. I decided to call upon my favorite, and most trusted wealth advisor, Colby Mcfadden of Quiver Financial and Green Flower Media, to make a series about investing in the cannabis industry to better educate myself, and the masses alike. Let me know what you think!
List of Topics/subjects discussed
- How national legalization will lead to globalization
- How globalization will impact the US industry
- Why would an individual investor prefer cannabis to be rescheduled when funds like Acreage Holdings are pushing for legalization
- What types of investments should people go for keeping national legalization in mind
- When you have a short time to invest - spend the time doing due diligence
- Signs you should be aware of, ie CEO pressuring to close, etc
- What will happen when hemp is globalized now that it has been removed from the CSA(Controlled Substances Act)
- Should you be concerned about investing in companies that use 3rd world labor
- What’s going to happen to the culture of the industry
3 Lessons Learned
- Globalization will make the hemp costs go down due to competition and lower costs in 3rd world companies and consolidated businesses
- Invest in large facilities because size is going to matter to the big corporations that eat them up. Invest in front of the consolidation, ie who’s best for being merged/rolled up
- Question the motives of CEO’s and hedge fund managers when they are preaching for national legalization - who really benefits?
Links to Articles Mentioned in This Episode:
Guest Bio and Social Media Links:
Colby is a 22 year veteran of the financial services industry working with many of the largest institutional and private investors. As CEO of Quiver Holdings LLC Colby has provided strategic guidance to private companies throughout their capital raising campaigns. Colby has been educating and managing investors and entrepreneurs on all subjects related to finance and investing. Prior to Colby's focus on investment banking and corporate structure he was a top producing branch manager for some of the largest regional and independent broker-dealers with an emphasis on branch expansion and post-merger integration. Colby is also the Director of Partnerships for Green Flower Media the leader in trusted education in the cannabis industry.
Colby McFadden is the President of Quiver Financial and Director of Partnerships for Green Flower Media.
Credits:
Audio Editing - Seth Cross - Frontal Lobe Productions
Intro/Outro - Jef Judin -
Music - The Master by Flashing Lights
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