Dan Ahrens, chief operating officer and portfolio manager at AdvisorShares, has published “Investing in Cannabis: The Next Great Investment Opportunity” published by Wiley
He told Investing News
“The US is a much bigger market, a much better market, and now this year the US market is performing a lot better than most of the Canadian market,” Ahrens said. The portfolio manager added that he routinely underweights the biggest Canadian names available in his fund as a management tactic.
In his book, Ahrens explores the story of cannabis investments and prepares investors for the current successes capturing the attention of the market — as well as those not so lucky.
Here INN presents an exclusive excerpt on the insights Ahrens shares in his new book, published by Wiley. The following excerpt is from Chapter 6 of the book, titled “Canada Versus the United States.”
“Investing in Cannabis: The Next Great Investment Opportunity” is available online and wherever books are sold in paperback and digital editions.
Book Details
ISBN: 978-1-119-69101-3 November 2020 224 Pages
DESCRIPTION
Learn how to get in on the ground floor of the booming cannabis industry with this comprehensive guide
Investing in Cannabis: The Next Great Investment Opportunity examines the rapidly expanding world of cannabis investment. Written by a renowned expert in “vice investing,” Investing in Cannabis takes an in-depth look at all aspects of publicly traded stocks in the cannabis industry for medical or recreational use, including:
- CBD / hemp companies
- Cannabis oil extraction
- Cannabis cultivation / agriculture companies
- Biotech / pharmaceutical companies
This book focuses on the status and history of cannabis legalization plus concrete examples that every day investors can use to make intelligent and informed investments in any sector of the modern, legal cannabis industry. With an emphasis on good lists and data, the author guides readers through the ins and outs of the booming cannabis in…
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ABOUT THE AUTHOR
DAN AHRENS is Chief Operating Officer of AdvisorShares Investments, LLC and portfolio manager of the AdvisorShares Pure Cannabis ETF (NYSE: YOLO) and AdvisorShares Pure US Cannabis ETF (NYSE: MSOS). He is the author of Investing in Vice and has over two decades of financial industry experience.
TABLE OF CONTENTS
- A Note to Readers
- Forward
- Acknowledgements
- Like Investing in Alcohol at the End of Prohibition1
- The Feds, the DEA and the War on Drugs
- The Cannabis Investment Opportunity
- Buy Low, Sell High?
- The Movement Toward Legality
- Canada vs. the United States
- The State of the States
- The Worldwide Opportunity
- Canadian Licensed Producers
- U.S. Multi-State Operators
- Extraction and Concentrates
- Hemp and CBD Focused
- Pharmaceutical and Biotech
- Suppliers and Everyone else
- Mergers and Acquisitions
- Don’t Get Burned
- Appendix I
- Appendix II
- Appendix III
- About the Author
- Index
