"If you're talking about public companies, buyer beware."

Investors looking for contact high need to learn a bit more about some big changes in the cannabis markets. The sector has become immensely profitable these days, but uncertainty continues to accelerate due to the lack of legalization from the Federal government.

Morgan Paxhia, co-founder and managing director at cannabis hedge fund Poseidon Asset Management says that investment in the sector requires “tremendous homework.”

Here’s a cheat sheet from U.S. News & World Report.

"The government seems willing to allow large, well capitalized alternative credit managers into China."

China’s distressed debt markets is now north of $600 billion.

Send in the Private Equity firms to save the day…

This is one of those stories with a predictable ending.

Click Bait of the Day

Sometimes, financial journalism is extremely lazy.

Here is your daily example from MarketWatch.

"It doesn’t have the intent a dog has."

Finally: This might be the argument that Artificial Intelligence isn’t coming along as fast as people thought. Sure, Google’s robot won a game of Go against a human…

And a Boston Dynamics robot was able to lift and stack boxes – leading many  to predict that human beings are doomed to be replaced by robots as soon as tomorrow (Jack Daniels encourages and invites you to drink to (or over) this news). 

Which means it might be one of those investments that you hear about for decades but they never quite come to fruition on a massive scale: Like water… or… gold?