Analysts Agree: Despite Market Downturn, Cannabis Is 'A Real Opportunity For The Long Term'

Stocks in the sector have seen better days, which for many investors means it’s a good time to buy stocks at a discount.

However, “there have been moments where cheaper prices aren't necessarily better opportunities,” says Tim Seymour, portfolio manager at the Amplify Seymour ETF (NYSE: CNBS).

Leading a live discussion at the Benzinga Cannabis Capital Conference in New York City on Friday, Seymour asked a panel of expert investors if now is a good time to double down on the opportunity.

What’s Driving Today’s Volatility In The Cannabis Sector?

“We’ve been in a downtrend for quite some time, the sector is fifty percent off the highs,” said

John Ramsey, portfolio manager at Measure 8 Full Spectrum Fund, an investment fund with over $500 million in cannabis assets.

Ramsey attributes the volatility …

Full story available on Benzinga.com

More Analysts Agree: Despite Market Downturn, Cannabis Is 'A Real Opportunity For The Long Term'