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Industry Focus

Wild Card: Getting "Into the Weeds" with the Cannabis Industry

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 29 January 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Matt Anderson from Vanguard Scientific joins the show this week from MJBizCon to talk about the ins-and-outs of what retail investors should know when making the decision to invest in cannabis, and if there's truly any more green left in the beaten down segment.

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Transcript

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0:00.0

Welcome to Industry Focus. The podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyphill. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods.

0:19.0

Wild-C-C-C-Gold's. Wednesday. And we're talking energy. And today we're talking tech. Let's dive in.

0:27.2

It's Wednesday January 29th and I'm your host Emily Flippin.

0:31.5

For this week's wild card Wednesday we're going back in time a little bit, back to December 11th, 2019, when we traveled out to Las Vegas for Cannabis Convention M.J. Bizcon.

0:43.8

While our team was out there covering the cannabis industry, we had the opportunity to

0:47.2

sit down and chat with one industry insider himself, Matt Anderson.

0:51.9

Now, before we dive into our interview I want to give listeners a

0:55.1

quick overview of the cannabis industry to the extent that I can. We hear a lot

1:00.3

about investing in pot stocks especially in the the news, and the volatility that comes

1:04.6

with it. But it's important to understand the industry dynamics. For the cannabis industry,

1:10.0

they're completely different than any other industry you may be investing in.

1:14.9

For those who aren't aware, marijuana both medical and recreational is legal in Canada, as well

1:20.5

as 11 states across the US.

1:23.0

Himp was legalized across the US in 2018,

1:25.6

and it's not the same thing as marijuana.

1:28.4

Himp is derived from the same cannabis plant

1:31.2

that marijuana is, but it doesn't contain any of the psychoactive

1:34.9

substances that's THC.

1:36.8

CBD is a chemical that can be derived from hemp and the sale of hemp derived

1:42.0

CBD topical is legal nationwide.

...

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