The BAK Portfolio: The Streets Are Paved In Green – Seeking Alpha

A Look Back

I began my series of articles covering my own personal investing endeavors with my article, The BAK Portfolio: Making Money On Cannabis And Tech. The portfolio was started in March 2017 with the goal of capitalizing on a number of emerging industries/technologies, namely the nascent Canadian cannabis industry and the global move to cloud computing and AI, as well as the 5th generation mobile networks. At the time of my previous article, the portfolio stood as thus:

Additions To The Portfolio

I decided to increase my exposure to the cannabis industry by adding positions in two companies: Namaste Technologies (OTCQB:NXTTF) and Cannabis Wheaton (OTCQB:CBWTF).

Namaste Technologies is the largest purveyor of cannabis vaporizers in the world, operating in 26 countries. The company has recently announced a number of supply agreements with some of the largest cannabis producers in Canada and Israel. I firmly believe that vaporizing will replace smoking as the preferred method of consuming cannabis, so I expect Namaste to benefit greatly from this tailwind.

Cannabis Wheaton is primarily an investor in other cannabis companies.

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