Never get high off your own supply, man, but that doesn’t mean you can’t have a good time off the back of the global cannabis industry boom.
The tides are turning, you see. South Africa has recently decriminalised personal and private use, Canada has legalised weed outright, and business is good.
That’s why some people are calling Tilray ‘the Amazon of weed’, with the Canadian cannabis producer recently hitting a $20 billion evaluation.
The success of Tilray and other cannabis-related companies has led to a global conversation around their investment potential, with budding investors (see what we did there) already seeing great returns.
I’m not knocking the energy levels of those who partake in the ‘erb, but wouldn’t it be great if someone made investing in cannabis-related companies super easy?
Boom – enter EasyEquities and their Cannabis Basket, which lists six new US stocks which deal with the broader commercial world of cannabis.
Basically, when you buy into the Cannabis Basket, your funds will be split six ways. You can start by playing with as little as R30 (that’s around $2), and then sit back and watch your money grow.
Signing up for EasyEquities is free, quick and painless. Once you’re in, click on the EasyEquities USD section, select ‘Baskets’ from the Investment Type menu, and you’ll find the Cannabis Basket.
Here’s the exact breakdown of the weighting of your investment:
It’s time for a little rundown of each company.
To start, here’s the Alternative Harvest ETF:
This ETF Provides you with access to all the listed cannabis companies out there. This ETF has $664,482,308.05 under management and has returned 14,46% Since inception (12/03/2015).
That essentially means that 25% of your total investment will be split amongst all the listed cannabis companies out there, in an exchange-traded fund that has seen huge returns over the past three and a half years.
Then the Amazon of weed, Tilray:
Tilray is a global leader in medical cannabis research, cultivation, processing and distribution. A proud pioneer, they were the first GMP-Certified medical cannabis producer to supply cannabis flower and extract products to tens of thousands of patients, physicians, pharmacies, hospitals, governments and research facilities on five continents.
Originally a UK company, GW Pharmaceuticals is the first company to obtain FDA approval of cannabidiol, and successfully developed the world’s first prescription medicine derived from the cannabis plant. This chemical is now approved in numerous countries outside the United States, in the treatment of spasticity due to multiple sclerosis.
This company was the first cannabis company in North America to be publicly traded. One of their subsidiaries, Tweed, was the first to introduce the now standard concept of Compassionate Pricing to make medical cannabis affordable for patients.
The group comprised of three subsidiaries, Peace Naturals, OGBC and WMMC. They believe in a Whole Health approach to wellness, which emphasises a patient’s diet and lifestyle, in addition to the use of medicinal cannabis as an adjunct therapy.
Lastly, CARA Therapeutics:
CARA is a clinical-stage biotechnology company focused on developing and commercialising new chemical entities designed to fundamentally change the way acute pain, chronic pain and pruritus are managed and treated. CARA is developing a novel and proprietary class of product candidates that target the body’s peripheral nervous system.
Not a bad cross-section of companies, right, and none of the hassle that so many people associate with buying and investing in shares.
EasyEquities is all about breaking down investment barriers by simplifying the process, as well as removing many of the cost-related barriers.
Their investment fees are minimal across the board, and then there are the added perks that come with being a Thrive member.
#Thrive is an initiative where investors (that’s you and I) pay nothing in brokerage. That’s nada, zilch, mahala. There are no registration fees, no monthly costs, and no minimum required deposit to begin investing.
Amazon, Apple, Facebook, Google, Tesla and other big dogs – not a bad selection.
Whether you’re a newbie to the game looking to dabble for the first time, or an old pro who wants to simplify the investing game, check out what EasyEquities have to offer.
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