Investing in Cannabis For Dummies
1. Edition April 2021
304 Pages, Softcover
Wiley & Sons Ltd
Invest in one of the most exciting and booming industries available today
Investing in Cannabis For Dummies takes readers on an illuminating and whirlwind tour of the legal cannabis investment industry. Written by a renowned expert in the world of cannabis, Steve Gormley (also known as the Cannabis Viking), this book provides an in-depth look at all aspects of publicly traded stocks (nationally and internationally) in the cannabis industry for medical or recreational use.
This book covers crucial topics for a firm understanding of investing in the cannabis industry, including:
* How to evaluate the strength of a cannabis company
* The differences between investing in public and private companies
* Investing in different cannabis silos - from cultivation, oils, and edibles, to technology
* Avoiding common scams and traps
* Trading strategy tips
Investing in Cannabis for Dummies is perfect for those who want to get in near the ground floor of an industry experiencing a massive expansion due to cannabis legalization around North America, Canada, and around the globe.
Part 1: Getting Started with Cannabis Investing 5
Chapter 1: Taking the Nickel Tour 7
Chapter 2: Exploring Cannabis Business Types 23
Chapter 3: Understanding the Political, Cultural, and Regulatory Landscape 39
Chapter 4: Sizing Up the Risks and Rewards of Cannabis Investing 57
Part 2: Doing Your Homework 71
Chapter 5: Exploring Your Investment Options 73
Chapter 6: Digging Up Cannabis Investment Opportunities 89
Chapter 7: Researching Cannabis Businesses and Stocks: Fundamental Analysis 103
Chapter 8: Analyzing Market Trends: Technical Analysis 125
Part 3: Buying and Selling Cannabis Stocks, ETFs, or Mutual Funds 147
Chapter 9: Choosing a Broker or Advisor 149
Chapter 10: Using Screening Tools 161
Chapter 11: Placing Buy and Sell Orders for Cannabis Stocks and ETFs 177
Chapter 12: Exploring Advanced Trading Techniques 191
Part 4: Exploring Cannabis Investment Strategies 201
Chapter 13: Following the Money: Momentum Investing (aka Speculating) 203
Chapter 14: Investing in Canadian Cannabis Companies 213
Chapter 15: Investing in Countries Where Marijuana is Legal 221
Chapter 16: Minimizing Risks While Maximizing Gains 237
Part 5: The Part of Tens 247
Chapter 17: Ten Ways to Profit When the Market Drops 249
Chapter 18: Ten Reasons Not to Invest in Marijuana Stocks 255
Chapter 19: Ten (Plus One) Criteria for Choosing a Cannabis Investment 261
Chapter 20: Ten Mistakes to Avoid 267
Index 273
