Again, I am just an idiotic PhD, according to Fraser JC who knows nothing about stock investment.
Just like the THCX fund managers.
Quote from THCX fund
To put the opportunity into perspective, the global cannabis marketis estimated to reach $630 billion by 2040 up from $12 billion today.* THCX was constructed to make investing incannabis easier by helping investors get exposure to a pure-play basket of stocks that are expected to benefit fromthe burgeoning hemp and legal marijuana industries. Although cannabis itself has been around for centuries, theindustry’s near-term growth trajectory is similar to several disruptive and now familiar growth stories witnessed overthe past three decades such as broadband and cable television.
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- CPH
- Investment blog on Cannabis (Ted Ohashi)
Investment blog on Cannabis (Ted Ohashi), page-74
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