It is important to start by saying that given this industry is still in its embryonic stage an investment in Cannabis stocks will not be for everyone.
The simple rule all investors can apply when investing in any stock is, the amount you invest is not a reason for ignoring risk.
While investing in an ETF removes the specific risk that exists when investing in one stock, as you will have a broader selection of stocks within an ETF, the risk in this developing area remains significant for investors.
ECofibre plans to be the global leader in hemp technologies and aims to own and control the most attractive and sustainable parts of the value chain selling hemp based products.
Many of the other Australian stocks such as Cann Group have either been trading down or are struggling to bounce off lows.
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