 The covid pandemic, quickly rising inflation, and now the war in Ukraine, have created a lot of uncertainty in the stock market.
This, combined with the rapidly rising surge of state’s legalizing cannabis, and the end of federal prohibition looming just ahead, has created a upswing in cannabis investing and interest like never before. One cannabis investing firm, KEY Investment Partners, estimates that from this point in 2022, compared to the same point in 2021, they’ve seen about double the level of interest from institutional investors, like hedge fund managers or mutual fund managers, who are considered a bit savvier than the average investor. KEY Investments founding partner Pete Karabas, said, “Investors have now watched the cannabis industry grow, develop and change shape through what many would consider unprecedented economic times. Cannabis has only been ‘mainstream’ since the end of 2018, and since then has continued to outperform growth expectations even in a volatile macroeconomic and political environment in the United States.” He added that very few investment opportunities currently offer the same growth opportunities as the cannabis sector, and that a recession-resilient, high-growth industry is appealing during times of economic uncertainty. Karabas continued, “We believe that we will look back on 2022 as a pivotal tipping point for the industry, and that increased institutional investment will be a key indicator that we have reached that tipping point.” In addition to the upswing in stock interests, Key Investments say they’re also seeing an increasing number of cannabis companies seeking capital for growth expansion. For more information, see: Home - KEY Investment Partners Comments are closed.
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