Then biggest players are safe bets, they said, but over time companies in the US have fallen into different size tiers that all have a number of good options for investors.
The companies in the lower tiers aren't there because they're any worse at operations or management than the industry's giants. They're merely smaller. "There's another awesome tier of people who haven't quite punched through, but they're really showing some strong operations and great assets," Paxhia said.
Paxhia and Baruchowitz also both said they favor US multistate operators, or MSOs, over their Canadian counterparts because of how they've managed their operations and grown amid a capital slowdown. The frenzy of stock movementshasn't been indicative of the best companies in the space, they added. "We feel like the better companies are OTC listed, you know, US MSOs or other globally focused companies that aren't bleeding cash," said Baruchowitz. Sign up for notifications from Insider! Stay up to date with what you want to know.
Government: Thankfully we still fund terrorism by enforcing prohibition LOL