Cannabis Use Is On the Rise. Where to Invest Now.

From his start as a pharmacist and part-time investor, Jason Wild, now 48, grew JW Asset Management over 21 years into a firm overseeing $1 billion. His flagship JW Partners fund has returned an average annualized 24.9%, net of fees, in that time, owing to a mix of savvy investments in pharmaceuticals and cannabis producers, and the boss’ entrepreneurial streak.

Wild was one of the first U.S. institutional investors in legal cannabis companies, and he also assembled a specialty pharmaceutical business that the fund sold for a huge profit. Now, he’s building the Canada-listed cannabis company TerrAscend (ticker: TER.Canada).

Wild also invests in health-care companies, as he explains in this edited and condensed interview. Read more…..


Chart of the Day

Icarus TV

The World Economic Forum has just published its annual Report on Regional Risks for Doing Business. Not surprisingly the coronavirus pandemic has left its mark. Based on a survey of over 12,000 business leaders from 127 countries the report has unemployment top of the list, just like previous reports, like the one from the International Labour Organization, massive job losses due to the pandemic are expected to negatively impact business for the next 10 years. Fiscal issues, until recently the main risk factors, dropped into third position, followed by cyber attacks and social instability.

Share This Post

Leave a Reply