North American Cannabis Holdings Inc (USMJ)

[wannabeeriche]

Reality Check

Like any young industry, cannabis companies need to raise capital in order to finance future growth. Due to their precarious legal status, cannabis companies do not enjoy the access to banking services that many other companies enjoy. This makes raising capital harder and increases its cost. Low interest rates, however, have made those costs relatively cheaper in recent years. That's about to change. The industry may face increasing challenges in 2022 after the Federal Reserve signaled this month that it plans to raise interest rates three times by the end of next year.

For investors, the big challenge will be deciding which of the scores of startups, IPOs, and established cannabis companies can surmount the upheaval and succeed long term.

The BIG Dogs will NOT take a backseat and Crush startups.

MO 279.83 a share
DIT 179.99 a share
ADM 92.35 a share
PM 92.07 a share
STZ.B 279.93 a share