Investments, and the certified advisers that control investment strategies for numerous clients are by nature and necessity, opinionated and passionate about what they do. Entering markets such as the Cannabis industry through institutionally regulated mediums of exchange has enabled said passionate investors to enter the cannabis market through a number-of firms already ingrained in the Canadian marijuana market. These investors entering the market, through experience understand the risks involved in the Canadian cannabis industry, therefore offsetting risk via marketing/content campaigns produces vast amounts of information for other potential investors. These articles can more often than-not be full of partial truths, skewed information, and opinionated language meant to convince a reader rather than inform. The marijuana industry is a highly controversial topic, of which has provided the internet with a number-of articles more focused on obtaining view than providing valid information. Furthermore, it has been my experience that when analyzing investment opportunities online, more-often than not you’ll find yourself in a situation where you’re sifting through opinion-based/biased article after article. Correctly interpreting information being presented to you and the purpose of said information will enable you to make investment decisions that are more-so wise than those who don’t understand said reality. The following analysis on three articles has been done with careful consideration of the topic being researched, and the possible interests of those producing the content analyzed.
In the following article: https://www.barrons.com/articles/us-marijuana-stock-picks-51567176413 a financial analyst named Rob Fagan depicts his opinion on which marijuana stocks to buy, and their validity as an investment. “Rob Fagan is one of the few analysts anywhere who covers the stocks of U.S. cannabis chains like Green Thumb Industries or Curaleaf Holdings. The 39-year-old researcher at Canada’s GMP Securities believes that the U.S. operators have better growth prospects than their better-known counterparts in Canada, like Canopy Growth. But even after this year’s selloff of Canadian producers, U.S. weed operations sell for a fraction of the Canadians’ multiples. Fagan explains why he thinks the U.S. stocks will take investors higher. An edited version of our conversation follows” (Alpert).
On the other side of the spectrum, Sean Williams of the Motley Fool describes his opinionated analysis of Canadian stocks and the weaknesses that they possess in the Canadian market alone. However, Williams notes optimism that those same potentially weak Canadian sales may find counter-strength in certain contractual realities with European interests/markets. In the following article, Williams describes his opinion based on market information available to him of three Canadian cannabis companies https://www.fool.com/investing/2019/10/25/3-canadian-marijuana-stocks-with-a-significant-eur.aspx. I find Williams article to be opinionated, but much less-so than that of Rob Fagan, Financial Analyst as seen in the Barrons article referenced above. Furthermore, his lack of bias is confirmed through a statement provided by The Motley Fool “Sean Williams has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy" (Fool.com).
The two referenced articles are both provided by reputable and established financial/investment industry giants (The Motley Fool and Barrons). However, the third and last article that I analyzed is by a woman named Ellen Chang who wrote this article for US News, rather than a large financially focused company such as T.M.F. and Barrons.
The following article is of greater information, covering a much larger array of interests. https://money.usnews.com/investing/stock-market-news/slideshows/marijuana-stocks-to-buy-for-the-rest-of-the-year?slide=2 Chang’s credentials are as follows: “Ellen Chang has been a contributing investing and financial writer for U.S. News & World Report since 2018. In addition to her work for U.S. News, Ms. Chang writes about investments, personal finance and other consumer issues for The Street, a financial news website that drives consumers to take action in their personal financial lives. As an expert on consumer debt and strategies for consumer to save money, Ms. Chang has been interviewed about consumer debt and strategies for consumers to save money on several AM radio stations, including KGO in San Francisco and KGMI in Bellingham, Washington. She has also written for Mergermarket, where she covered mergers and acquisitions, debt financing and bankruptcies; and Thomson Reuters and BridgeNews, where she covered the municipal bond market. For U.S. News, Ms. Chang writes about stocks, marijuana stocks, cryptocurrency, personal finance, energy and cybersecurity. Ms. Chang is a graduate of Purdue University and resides in Texas” (USNews.com).
I find Ellen Chang’s opinion to be of a positive writing tone, one that provides the reader with an excitement about investing in the cannabis industry. Of course, that leads me to be concerned about any underlying interests by Chang, however her credentials provide her validity. The same validity is provided to Fagan and Williams, and the opinionated articles that I have analyzed on Canadian Marijuana Companies and investing in said companies.
Keynotes: T.M.F. is the abbreviation for The Motley Fool
References
Alpert, Bill. (2019). Why the Future of Marijuana Stocks Is American, Not Canadian, According to an Analyst. Retrieved from https://www.barrons.com/articles/us-marijuana-stock-picks-51567176413.
Change, Ellen. (2019). 6 Marijuana Stocks to Buy for the Rest of 2019. Retrieved from. https://money.usnews.com/investing/stock-market-news/slideshows/marijuana-stocks-to-buy-for-the-rest-of-the-year
Williams, Sean. (2019). 3 Canadian Marijuana Stocks with a Significant European Presence. Retrieved from https://www.fool.com/investing/2019/10/25/3-canadian-marijuana-stocks-with-a-significant-eur.aspx.
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