Investing in Publicly Traded Cannabis Companies
Manage episode 294571036 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!
Investing in publicly traded cannabis companies has been on an upward trend for a few years now, and more and more money is being invested by the day. Given my abilities 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
- What is an RTO(Reverse Take Over) and why are there so many RTO’s happening in Canada by US companies?
- Why are Canadian companies listed on the NYSE?
- Can US cannabis companies be traded on the NYSE?
- Press Releases - Does it have anything of substance or is it an “ad” dressed up like a press release to pump the stock value up?
- How to approach investing for the best results
3 Lessons Learned
- Beware of FOMO “Greed has lost more money than fear” Fish upstream if you’re cynical
- “Buy on the rumor, sell on the news” Smart money is there BEFORE the press release
- Investing is like online dating - once you get into bed - the ugliness comes out - TAKE IT SLOW
Links to Referenced News Articles 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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