Hi Luke,
I can't answer so this is not an advice. I'm not a licenced profesisonal in Australia. Which is why I make money and know a lot more
anyway.
This is what I'd do
1- I'd be happy to invest in companies in MC for a 5 years minimum period
2- I'd upweight IP companies like ZLD, but I'd keep a mix of integrated MC companies like THC. CANN/ AC8 since they will become integrated in their evolution from MC growers.
3- I'd max out MC investment since I believe it'll be a revolution in medecine that CAN NOT be stopped now.
4- In a more detailed view, I'd upweight companies with am ability to scale up or a game changing profile. I like RGI since it's now a bit more liquid but it has an agriculture wide product that is selling very well already, not just MC. I like adding up to ZLD since it's obvious once it'll be unleashed some company will either try to take it over, or buy licences/ IP at a price that'll send SP flying. I like CPH also given they very soon delivering their product. I'm still dubious on MMJ/MXC and MDC, I'm not at all keen on ESE and what they're trying to achieve (even though I see one scenario where there SP increases), not keen on SCU either.
5- I'd consolidate and average up for the next 3 years and invest an amount I'm happy to sit on for 5 10 years, expecting it to x5 to x10 at a porftolio level (some like ZLD have x20 potential)
For a novice, you have a good sense of where to be. Invest only what you can sit on, and invest depending on your exit strategy (short term, long term, how much you want to make...)
