24 March 2017
The report reveals ….
Niv Dagan, an executive director as Peak Asset Management, said he has a fraction of his A$100 million (USD$76 million) fund invested in cannabis stocks.
“The market is excited by the potential upside it could bring,” Dagan said in the report. “The key risk we see is obviously regulatory risk.”
Read the full story at
All we’ll say is.. when you go to the races there’s always a lot more losers than winners and as the report rightly points out.
Both Federal & State governments in Australia are doing their best to regulate something close to a monopoly or at best a duopoly in the market.
So that’ll be great for the people that bet on the half dozen winning companies but the rest of them will be crying into their VB for sometime to come.