Marijuana investment seminar in Denver

interview with Khadijah Adams

Colorado is still in the early days of its post-prohibition era, and the investment community is looking at the potential of marijuana stocks.  Khadijah Adams with the upcoming Marijuana Investment and Private Retreat visited “First Take with Lando and Chavis” to answer some frequently asked questions.

“Many seminars involve angel investments, and people who are looking for funding for their dispensary.  We are dealing with the education that marijuana stocks actually exist,” said Adams.  

The nascent recreational sector is not for the timid, as federal treatment of the issue is a large unknown.  Risks are significant.  ”Americans lost $23.3 billion last year due to the wrong marijuana stocks.  We’re here to educate people on legitimate marijuana stocks.”

There’s even an index to track the progress of the sector, called “The Benzinga 420 Marijuana Index.”  Of the 250 cannabis stocks, 39 are included in the index.   Alan Brochstein, CFA, a presenter at the March 27-29 event, describes the industry as a rollercoaster.  ”The market doubled in early 2013 only to pull back before ending the year up 59 percent.  In 2014, it increased to almost 15 times over the value from the summer of 2013, before ending the year down about 18 percent.”

Adams went to her grandmother for some historical perspective.  ”I asked her, ‘why didn’t you invest in alcohol after prohibition.’  She said, ‘we weren’t told we could.’    They were waiting for permission.”