Marijuana Stocks FAQs | Cannabis Growth Fund | 800.446.1179
Marijuana Stocks FAQs
A Guide to Pot Stocks
Frequently Asked Questions About the Marijuana Stock Market
Is it legal to invest in marijuana stocks in the US?
Yes, it is currently legal to buy marijuana stocks in the United States. You can invest your money in companies that sell marijuana, or companies that grow or harvest it. You can even invest in companies that provide the tools for the industry to produce: agricultural equipment, soil, or lighting, for example.
Where can I buy marijuana stocks?
How much is the industry worth?
Cannabis Stock Trades FAQs
If you have more in-depth questions about the cannabis industry and investments, you may find the answers here.
What is the market’s confidence in the leadership of the sector?
How much cannabis is being grown?
Major Canadian producers announce quarterly their pot growth and sales through their financial statements. However, there is some opacity surrounding the cost of the product and how much it is being sold for. Investors are pushing for companies to share more information about their sales. Some companies use cost-per-gram, but this is a flawed metric. Comparing companies with imprecise metrics like this can be difficult.
What are these marijuana cryptocurrencies I’ve heard about?
Can I invest in Canadian marijuana stocks?
Yes. Many major trading platforms permit international trading.
Are there other territories to invest in marijuana?
What is the relevance of IRS Code 280E?
IRS Code 280E prevents companies producing controlled substances from claiming deductions or credits on their taxable income. Initially enacted to punish cocaine traffickers, it nevertheless harms legal cannabis companies because cannabis is still listed as a Schedule I controlled substance. There are workarounds, but they are byzantine and vary from state to state. While bipartisan legislation to free cannabis from this tax trap, if not reschedule cannabis, has passed the House of Representatives, it is unlikely to become law unless the makeup of the Senate becomes more marijuana-friendly.
Where is a good place to start investing in legal marijuana?
If you are unsure about personal finance management, and would prefer to trust your investments to professionals, you may want to look into investing in a fund. There are different kinds of fund that may appeal to you. Mutual funds are very popular with Americans. Nearly half of all US households have money in at least one mutual fund, either through employer-sponsored retirement plans or independently.
Cannabis Growth Fund is an open-end mutual fund that invests primarily in exchange-listed equity securities of cannabis companies, or companies that provide ancillary products or services to complement recreational or medical cannabis.
If you want to learn how to invest in our fund, you can pursue one of several ways. We are available through multiple brokerage firms, including Ameritrade and Interactive Brokers. You can open an account by mail. You can also open a Cannabis Growth Fund account online. Call us on if you have questions not covered above.
OF SPECIAL NOTE
Statements, estimates and forecasts are subject to significant legal, business, economic, and competitive uncertainties, including competition, limited access to bank services, litigation, enforcement actions, and the receipt of government authorizations. This includes differences in, among other things, laws, regulations and guidelines relating to the manufacture, transportation, and storage of cannabis, and the conduct of operations, which vary among the U.S. federal government, various states, and foreign jurisdictions. There can no assurance that such estimates and/or forecasts will be realized, and these are not indicative of future investment performance. Historical data is not indicative of future performance.