Could Cannabis Be the Next Big Short?

This week on the Green Rush Podcast, Anne, Lewis, and Phil sit down with Danny Moses, Wall Street insider and investor in the cannabis industry. If you don’t know Danny, you should.  He was at the center of the financial meltdown in 2007/08 and his role in the crisis was recaptured in the famous film, “The Big Short”.  As a trader working for Steve Eisman, Danny was a “short” meaning he bet against the housing market and made a ton of money. He’s one of the smartest guys from Wall Street and over the past few years he’s been going “long” on the cannabis sector. Danny speaks to his experience in the 2008 financial crisis, similarities he sees between the financial collapse and the cannabis industry, why he believes investing in cannabis is smart, and the social issues that continue to plague the cannabis industry.

3 Main Takeaways:

There’s great risk and reward in cannabis industry
Do your homework when investing in cannabis  
There are a wide range of health/medicinal uses to cannabis

Danny Moses has extensive experience with financial markets having worked on Wall Street since 1991 and holding a variety of positions including municipal bond analyst, institutional sell-side broker, trader, and hedge fund manager. The book and later movie “The Big Short” features the character of Danny Moses and a few others who were able to successfully navigate the volatility of the financial markets during the formation of the housing bubble in 2004.

Links to guest’s social media:

Twitter: https://twitter.com/dmoses34

Links and Mentions:

Bail The Street podcast: https://www.bailstreet.com/
Danny at the Brookings Institute: https://www.youtube.com/watch?v=2y2aEJShnUw
The Big Short Deleted Scene: https://metro.co.uk/video/the-big-short-deleted-scene-1291428/?ito=vjs-link
Investopedia Terms:

Credit Default Swaps:

https://www.investopedia.com/terms/c/creditdefaultswap.asp

Collateralized Debt Obligation:

https://www.investopedia.com/terms/c/cdo.asp

Collateralized Mortgage Obligation:

https://www.investopedia.com/exam-guide/series-7/debt-securities/collateralized-mortgage-obligation.asp

Synthetic:

https://www.investopedia.com/terms/s/synthetic.asp

Volcker Rule:

https://www.investopedia.com/terms/v/volcker-rule.asp

Dodd-Frank Bill:

https://www.investopedia.com/terms/d/dodd-frank-financial-regulatory-reform-bill.asp

Show Credits:

This episode was hosted by Anne Donohoe, Lewis Goldberg, and Phil Carlson of KCSA Strategic Communications

Special thanks to Nick Opich, our Producer, and our Program Director Shea Gunther at Marijuana Today

You can learn more about how KCSA Cannabis can help your cannabiz by visiting www.kcsa-cannabis.com or emailing [email protected]. You can also connect with us via our social channels:

Twitter / Instagram: @KCSA_Cannabis

LinkedIn: https://www.linkedin.com/company/green-rush-comms/

Facebook:https://www.facebook.com/KCSACannabiz/

YouTube: https://www.youtube.com/channel/UCuEQkvdjpUnPyhF59wxseqw?disable_polymer=true

This week on the Green Rush Podcast, Anne, Lewis, and Phil sit down with Danny Moses, Wall Street insider and investor in the cannabis industry. If you don’t know Danny, you should.  He was at the center of the financial meltdown in 2007/08 and his role in the crisis was recaptured in the famous film, “The Big Short”.  As a trader working for Steve Eisman, Danny was a “short” meaning he bet against the housing market and made a ton of money. He’s one of the smartest guys from Wall Street and over the past few years he’s been going “long” on the cannabis sector. Danny speaks to his experience in the 2008 financial crisis, similarities he sees between the financial collapse and the cannabis industry, why he believes investing in cannabis is smart, and the social issues that continue to plague the cannabis industry.

3 Main Takeaways:

There’s great risk and reward in cannabis industry
Do your homework when investing in cannabis  
There are a wide range of health/medicinal uses to cannabis

Danny Moses has extensive experience with financial markets having worked on Wall Street since 1991 and holding a variety of positions including municipal bond analyst, institutional sell-side broker, trader, and hedge fund manager. The book and later movie “The Big Short” features the character of Danny Moses and a few others who were able to successfully navigate the volatility of the financial markets during the formation of the housing bubble in 2004.

Links to guest’s social media:

Twitter: https://twitter.com/dmoses34

Links and Mentions:

Bail The Street podcast: https://www.bailstreet.com/
Danny at the Brookings Institute: https://www.youtube.com/watch?v=2y2aEJShnUw
The Big Short Deleted Scene: https://metro.co.uk/video/the-big-short-deleted-scene-1291428/?ito=vjs-link
Investopedia Terms:

Credit Default Swaps:

https://www.investopedia.com/terms/c/creditdefaultswap.asp

Collateralized Debt Obligation:

https://www.investopedia.com/terms/c/cdo.asp

Collateralized Mortgage Obligation:

https://www.investopedia.com/exam-guide/series-7/debt-securities/collateralized-mortgage-obligation.asp

Synthetic:

https://www.investopedia.com/terms/s/synthetic.asp

Volcker Rule:

https://www.investopedia.com/terms/v/volcker-rule.asp

Dodd-Frank Bill:

https://www.investopedia.com/terms/d/dodd-frank-financial-regulatory-reform-bill.asp

Show Credits:

This episode was hosted by Anne Donohoe, Lewis Goldberg, and Phil Carlson of KCSA Strategic Communications

Special thanks to Nick Opich, our Producer, and our Program Director Shea Gunther at Marijuana Today

You can learn more about how KCSA Cannabis can help your cannabiz by visiting www.kcsa-cannabis.com or emailing [email protected]. You can also connect with us via our social channels:

Twitter / Instagram: @KCSA_Cannabis

LinkedIn: https://www.linkedin.com/company/green-rush-comms/

Facebook:https://www.facebook.com/KCSACannabiz/

YouTube: https://www.youtube.com/channel/UCuEQkvdjpUnPyhF59wxseqw?disable_polymer=true