Could Cannabis Be the Next Big Short?
Guest post by KCSA Strategic Communications
This week on the Green Rush Podcast, Anne, Lewis, and Phil sit down with Danny Moses, Wall Street insider and investor in the cannabis industry. If you don’t know Danny, you should. He was at the center of the financial meltdown in 2007/08 and his role in the crisis was recaptured in the famous film, “The Big Short”. As a trader working for Steve Eisman, Danny was a “short” meaning he bet against the housing market and made a ton of money. He’s one of the smartest guys from Wall Street and over the past few years he’s been going “long” on the cannabis sector. Danny speaks to his experience in the 2008 financial crisis, similarities he sees between the financial collapse and the cannabis industry, why he believes investing in cannabis is smart, and the social issues that continue to plague the cannabis industry.
3 Main Takeaways:
- There’s great risk and reward in cannabis industry
- Do your homework when investing in cannabis
- There are a wide range of health/medicinal uses to cannabis
Listen to the interview of Danny Moses, hosted by Lewis Goldberg and Anne Donohoe of KCSA Strategic Communications: