Todd Harrison: Cannabis Is the Single Best Investment Theme for the Next Decade -- An Update

By Todd Harrison  APR 09, 2014 3:32 PM

Looking at the space through an investment lens.

 


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Having just hopped off the phone with the BBC regarding opportunities in the cannabis space, I thought now might be a good time to crystallize my thought process. My assumption is that the interview request germinated from my recent interview on Yahoo Finance, which garnered some attention in the social sphere. 

In the interest of brevity, I'll top-line the vibes below:

When we look back in 10 years (or nine years if we're working off the original thesis), there will be home-run investments that benefit from these secular tailwinds, and the inevitable war stories. Many of the success stories will reside in the supply chain and periphery -- vapor plays and edibles as opposed to the purer plays, which might get cornered by Altria (NYSE:MO), Monsanto (NYSE:MON), and Potash (NYSE:POT).

R.P.

Twitter: @todd_harrison

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No positions in stocks mentioned.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

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