The Global Cannabis Stock Index, managed by New Cannabis Ventures, gained over 44% in January after having dropped over 44% in the 4th quarter. With the success of recent cannabis IPOs and the market rallying, there is considerable interest in upcoming IPOs. At New Cannabis Ventures, we launched a free resource to help investors stay on top of the calendar for new issues, including RTOs and IPOs, the Cannabis Stock IPOs and New Issues Tracker. Finally, there are newsletter writers out there hyping cannabis IPOs and touting potential returns that are not likely to be achieved, and I suggest investors take a realistic approach to allocating capital to cannabis IPOs and RTOs. Cannabis IPOs and RTOs may offer investors strong returns if the cannabis market continues to rally.
Source: Forbes February 03, 2019 23:15 UTC