#124 - What Happened in 2021? Cannabis Investing Year in Review
Recapping the rollercoaster of the year that was 2021. Cannabis investors were hoping 2021 would be “The Chosen Year” with potential for significant federal change in the US. Instead we got whiplash and a lesson in humility.
In this episode we rewind to the start of the year and discuss how key events played out. The end of the year is a great time to do some sober reflection on what we got right, what we got wrong and what lessons we can take to (hopefully) improve our game in the future.
Some Key Topics:
- Nobody Knows: the importance of humility and staying nimble
- Everyone is Retail: how price action drives investor mentality
- The Quiet Role of Short Sellers and their impact on cannabis
- Increased Competition across key markets
- SAFE Banking and betting on federal change
We also discuss how the industry has evolved in 2021 and how we are thinking about our investments heading into next year.
Thank you to everyone for listening and sending in great questions! We will see you all in 2022
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