CANNAINVESTOR Magazine February / March 2017 - Page 91

You will always set your own investment tolerance, so you spend what you want to spend. I suggest that you never spend more than you can afford to lose.

No one can predict a dollar amount return on any investment you ever make. If they do, run for the hills!

The November 2016 elections saw a number of new states added to the list of legalized marijuana states. There have been more states added to that list since the election. I believe that we will see even more positive legislation in 2017.

Every company has their own policy and procedures for investments and conflicts of interests. You simply have to check your company’s manual for your level of employment. Follow their guidance and proceed accordingly.

With any investment there is an element of risk. So the answer will be yes or no depending on you and the level of risk you take. To quote our president:

“If you’re going to be thinking anything, you might as well think big.” ~ Donald Trump

In 2017 Forbes says, “Marijuana Industry projected to create more jobs than manufacturing by 2020” and Nick Tate of Newsmax quotes analyst saying that the “Medical Marijuana industry is projected to Top $40 billion dollars by 2020.”

Impressive statistics for a bunch of weeds!

I do believe that this is the right time to get involved in cannabis investing with the right companies and your curiosity has taken you to the right place! The real challenge for many seems to come back to ‘how to get started.’