You’ve been a cannabis consumer for a long time, and you’re ready to start growing your own—maybe to save some cash, or maybe because you’re curious. Either way, you probably don’t have too fancy of a setup, so you’re going to need a plant that can thrive in less-than-ideal conditions. You’ll probably also want a plant that’s patient with you as you learn the ropes.
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The beginner cannabis grower
Blue Dream feminized
Indoor or outdoor, beginner or advanced—ILGM has you covered.
Gold Leaf feminized
For sativa lovers, one of the best strains is Kali Mist, which is a pure sativa plant that offers a very active and productive effect. It doesn’t take too long to begin flowering, and it has a decent production rate, with a stretched out shape and a strong resistance to fungi, typical of sativa plants. It has an earthy taste with a floral aftertaste, making for a really nice smoke while the active effect begins invading your brain. If you smoke it too fast, lights will get more intense to the point where it might even be annoying. You’ll definitely laugh and talk for ages after smoking this, as it has a long lasting effect.
For medicinal users we have strains with different cannabinoid ratios that can be useful to treat pains or illnesses. CBD Amnesia is a strain that has a THC:CBD ratio of 1:1, meaning that we can take advantage of its relaxing properties but without being in a blocked mental state. It has a very classic earthy taste with some citric flavors, obviously inherited from Amnesia Haze. It has a levelled effect and it has a wide variety of medicinal uses, including helping with all kinds of pains, like for example muscle pains, while still leaving you with an active brain.
If you prefer to grow outside, Moby Dick is the best strain for you. These plants can turn into gigantic trees, up to 3m tall, with an amazing harvest. They adapt to pretty much any surroundings you put them in, but they need a lot of sun to give their best harvest. If you grow them in the ground, they can grow to be up to 3m tall, with gigantic extended arms and thick foliage that makes it impossible to hug. It should be ready to cut at the start of October, giving out up to 1.5kg. Moby Dick has an intense taste that mixes strong tastes with soft tastes, giving your mouth a pretty incredible sensation. It has a pretty balanced effect, relaxing the body but in a progressive way, allowing you to keep smoking, although it can be very intense.
A lot of people want to know which marijuana strain is the best in the world, but with the thousands of genetics that we have available to us nowadays, it’s hard to pick just one. Each variety has its own properties and its own strong point, making it possible for one strain to have different effects on us depending on the state we’re in, apart from the fact that everyone has their own taste.
If you’d prefer a strain that gives the best results as an indoor crop, then the best one for you would probably be Critical +, an absolute monster of a plant. Thanks to the powerful genetics of this plant, it gives an enormous production rate in very small spaces, and it only takes about 60 days to finish flowering. It has an extremely strong blocking effect, which you might not notice at first, but after a while the feeling will start to invade your body.
• AdvisorShares Pure US Cannabis ETF (MSOS). Actively managed ETFs are hard to come by, but here’s one for the cannabis sector. If you’re looking to dip a toe into cannabis, this ETF can help you get all the benefits of an actively managed mutual fund with the real-time liquidity of an ETF. A relatively new fund, it’s showing returns in excess of 17% YTD as of early May 2021. The expense ratio is high for ETFs, however, clocking in at 0.74%.
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With the growing acceptance of cannabis among American consumers and their elected representatives, this edgy asset class offers your portfolio an excellent source of growth. According to data from Leafly, an online marijuana marketplace, legal U.S. cannabis sales—medicinal and recreational—increased 71% in 2020, to a total of $18.3 billion.
The Best Pure Play Cannabis ETFs
• Cronos Group (CRON). As a global brand that makes a wide variety of adult-use cannabis and CBD products, quarter-over-quarter sales are up a respectable 133%. Maybe it’s the pandemic. Maybe it’s a carefully cultivated reputation for high-quality cannabinoids. Either way, Cronos displays controlled growth, but investors need to have a sense of adventure, with its 52-week price fluctuation between $4.62 and $15.83 per share.
To help you choose the best cannabis investments, we take a closer look at 14 stocks and funds, as well as a few less dank offerings it’s perhaps better to avoid. There are both pure plays—firms that specialize exclusively in bud—and large-cap names that also have some pot industry exposure.
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• Amplify Seymour Cannabis ETF (CNBS). At the end of Q1 2021, this strictly cannabis ETF posted year-over-year returns of (gasp) 233%, but like most of this sector’s ETFs, it’s short on history—inception date: 2019—which gives investors little to go on for historical performance. However, with a low NAV in the $20 per share range, inventors can get a taste for the industry without risking a positive drug test at the workplace. Like other ETFs in the cannabis sector, the expense ratio is high (0.75%), but it does offer a rare dividend, currently • Innovative Industrial Properties Inc. (IIPR). Cannabis has to grow somewhere, and that’s what Innovative Industrial Properties is betting on. This REIT (or real estate investment trust) invests in the industrial side of the cannabis industry: greenhouses and other industrial facilities that support cultivation and distribution. With a dividend yield of 2.93%, it’s attractive from an income perspective and a P/E ratio of 54 says that investors could enjoy dividends in anticipation of growth down the line. For those looking to diversify holdings into real estate, this could be an interesting portfolio addition, especially considering that this REIT has generated a three-year return of over 440%..101 per share.