The Cannabis Investment Project: The Long Hold

Where we're at, where we're (hopefully) headed, plus an interesting take on hedging that bet.

Dear Friend & Premium Subscriber-

I wanted to reach out and touch base on the Cannabis Investment Project.

First, let’s start with why CIP updates have come less frequently: The portfolio isn’t doing well.

This wasn’t unexpected. As you’ll recall, losing money in an unpredictable, barely-regulated market is basically the name of the game when it comes to i…