Interview with Vin Maru: Will industrial hemp become the next trillion dollar industry?
With over 15 years of experience in financial market research, Vin has spent the last 6 years in the emerging Cannabis Industry as a speaker, research analyst, editor-in-chief for InvestInMJ.com and a MJ entrepreneur. With a business, media and financial background, he is able to quickly evaluate opportunities and companies to determine their potential for success and challenges they may face. With a vast network of industry contacts and expertise, he is a great resource for newcomers looking to invest or start a cannabis-related business.
The media company, Golden Tech Media, develops and manages related media assets and offers services including marketing, advertising, and awareness in the Cannabis Industry.
He is also focused on Crypto Currency and Block Chain technology, we are looking at ways to incorporate it within the Cannabis industry.
He interacts with the CEO’s of some of the biggest legal cannabis and hemp businesses in North America about their company, strategic direction, and potential financing needs or investment/business opportunities. The potential opportunities are not limited to just grow/production companies, we are also evaluating companies that are vertically integrated with this market including specialized consultants, equipment providers, specialized technology & software companies, producer of goods made from cannabis or hemp and other MJ related goods and services.
Please take a listen to this interesting interview where Vin addresses the state of the cannabis industry in the market place, his insights into industrial hemp and its infrastructure and suggestions on how to deal with losses in the larger cannabis market.
The buy and hold strategy works in the early stages of an emerging market, that strategy worked well had you invested years ago. Last year, the market started focusing on earnings and not just buying market share at any cost. Moving forwards, the industry will go through a shakeout with many companies going bankrupt. Look for companies with strong management, low costs and overheads, quality products and support from brokers/financiers.
The cannabis sector is still in a downtrend and hasn't found a bottom yet, especially now as the broader markets are selling off due to the coronavirus. Buy and hold will not work going forwards, trading stocks is a better approach. I suspect the bottom of the general markets will come this summer, the same could be for the cannabis stocks.
If Bernie Sanders wins the Democratic race, watch for him to push for legalization as part of his election campaign. They could win based on that, and if so U.S. cannabis stocks should start to rise in the summer and going into election time come Nov if he is ahead of Trump. If Bernie wins, the cannabis stocks in the U.S. will go parabolic by early next year with a strong rally... sell into that rally.
In order to reach Vin please check out: www.investinmj.com and www.cannabisfm.com (podcast)