Marijuana is transforming into the darling of daring investors, and the nascent legal weed industry is excited about the prospects for profits. But there are many risks to investing in this tricky business. Canopy Growth, a Canadian cannabis holding company, is representative of the hope and potential woes that go with buying stock in an industry still negotiating existence.
Award-winning investigative journalist Nick Schou is Editor of OC Weekly. He is the author of Kill the Messenger: How the CIA’s Crack Cocaine Controversy Destroyed Journalist Gary Webb (Nation Books 2006), which provided the basis for the 2014 Focus Features release starring Jeremy Renner and the L.A. Times-bestseller Orange Sunshine: The Brotherhood of Eternal Love’s Quest to bring Peace, Love and Acid to the World, (Thomas Dunne 2009). He is also the author of The Weed Runners (2013) and Spooked: How the CIA Manipulates the Media and Hoodwinks Hollywood (2016).