EXCLUSIVE: Ross Gerber Sees ‘Tsunami Of Money’ Pouring Into Cannabis Companies Upon Federal Legalization, Says Cannabis Is One Of ‘Biggest’ Opportunities Beyond AI
Ross Gerber, co-founder, president and CEO of Gerber Kawasaki Wealth and Investment Management, sees “massive” investing opportunity in the cannabis space.
Supporting Cannabis: Tuesday at the Benzinga Cannabis Capital Conference in Chicago, Gerber gave passionate support for cannabis and provided his outlook for the industry.
Gerber is one of the few advocates for cannabis in the institutional investing world and likely one of the only investment advisors that recommends cannabis to clients.
AdvisorShares Gerber Kawasaki ETF (NYSE:GK) is the only exchange-traded fund in the world that gives investors exposure to both cannabis companies and Bitcoin (CRYPTO: BTC) in the same place, the fund manager said.
He’s been a longtime supporter of cannabis legalization, dating back to his college days at the University of Pennsylvania, where he led the largest cannabis rally in the history of the school. That’s what inspired him to support federal cannabis legalization throughout his life, he said.
Gerber told the packed crowd at the Marriott Magnificent Mile that the prohibition of cannabis was included in the …