Investment Paper Research Example | Topics and Well Written Essays - 1500 words

Investment - question Paper ExampleI am not a risk adverse person which implies I am willing to assume risk. The stock that I selected to purchased stocks was Advanced Cannabis Solutions (CANN). On February 4, 2015 I purchased $100,0000 on CANN stocks.Advanced Cannabis Solutions is a company dedicated to the rental of commercial space and equipment to companies dedicated to the adjust marijuana industry. The corporate headquarters of the firm are located in Denver, Colorado. The chief executive incumbent ( chief executive officer) of the firm is Robert Frichtel. The companys executives are reasonably paid in this early stage of development of the company. The salary of the CEO is $125,000 a year which is relatively low considering that most CEO of public companies in the United States support millions of dollars per year of compensation. The firm targeted service is to provide leasing space for players in the cannabis industry, but the firm to a fault offers consulting services f or its clients including agricultural expertise, logistics, and distribution. The firm is currently targeting its home state of Colorado. In 2014 marijuana sales were judge to reach $540 million. The national legal marijuana food market is currently worth between $2-3 billion, but by the year 2018 this market is expected to grow to $6 billion.The legal cannabis market is an emerging market that has the potential to grow exponentially as more states begin the legalization process of marijuana. Currently collar states, Washington State, Colorado, and Alaska have legalized marijuana for both medical and inexpert purposes. In these three states the consumption of recreational marijuana is going increase drastically as the drug continues to gain social acceptance. On February 23, 2015 Alaska became the trinity state to legalize marijuana consumption (Abcnews). Currently the legal marijuana market has only penetrated 6% of the U.S. States. Further penetration is expected and eventual ly once the Federal government approves weed then