Investing in Cannabis Technology
In this episode of A Tech Moment, Kristina Etter discusses investing in cannabis with Matt Carr, Chief Trends Strategist at the Oxford Club, about how cannabis is emerging as a legitimate and lucrative investment option.
Like many of us in the cannabis industry, Carr once knew someone who used cannabis as an alternative therapy for a debilitating disease. Although that was years ago, he explains this was his “a-ha moment” that there were valid medicinal properties to this misunderstood herb.
Carr discusses the irony of what can change in a decade, as ten years ago, we wouldn’t have dreamt cannabis companies would be publicly traded. Yet, today, as legalization sweeps across the nation, and cannabis becomes an essential industry in many states, investing in cannabis is much more enticing.
Although the safer investment still lies in the ancillary segments of the industry, Carr provides optimistic perspectives for the future of plant-touching opportunities, as well as his insights on the technology companies to watch closely.
While investing in cannabis still poses some risk, he predicts substantial market growth in the coming years. Listen to this podcast to learn more about Matt’s insights for successfully investing in cannabis.