Matt Badiali is the Chief Resource Investment Expert at Banyan Hill Publishing. He was introduced to finance through one of his good friends, and brought him out of the field of geology. Many people have trusted their investment plans with Badiali, and in return, have earned substantial gains. He now runs a newsletter with his current company, called Real Wealth Strategist.
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— Matt Badiali (@MattBadialiGuru) September 11, 2018
Matt Badiali, as a well known investor, has an impressive following on social media, giving tips to interested investors and investors-to-be. Recently, he wrote an article on how to start investing in cannabis industry. Cannabis has grown a massive following for its many health benefits and minimal negative side effects. Cannabis laws are also being created to further legalize this lucrative plant. The slight trouble with these stocks is that cannabis is popularly used for recreational purposes, so there is risk that this is just a long lasting trend. However, there is a good sign that an investor should look into the billion dollar business of cannabis, since beverage companies such as Constellation Brands and Heineken are showing their interest in this market with their money. They are betting on their new creations of cannabis-spiked beer and wine, which will in turn help boost their beverage sales tremendously. Matt Badiali wrote, “Constellation Brands Inc. (NYSE: STZ) invested $4 billion into Canopy Growth Corp., a medical cannabis company” (NYSE: CGC).
Badiali does warn that the soaring stock prices are only effecting the top cannabis companies that got ahead of their competition. Some marijuana supplier, such as Tilray Inc. (Nasdaq: TLRY) had a net loss. Most companies are hurt because they only sell medical marijuana, since not a lot of provinces and states have legalized the recreational use of cannabis. Matt Badiali believes the partnership between large beverage companies and cannabis companies will be good for the stock market. Canada legalized marijuana, so the beverage companies are already marketing their cannabis-infused drinks to customers and investors there. As always, Badiali advises his viewers to check the company first before investing in cannabis, but it would be a good move to do so.
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