The 6 tobacco, beer and liquor companies that have invested heavily in the cannabis industry went up an average of 5.8% in 2021 compared to a decline of -50.7% for their partner stocks.

"Seed-to-sale" cannabis stocks are down -12.9% MTD and are now down -32.5% YTD.

Seed-to-sale cannabis stocks are -35.0% YTD. But the tobacco, beer and liquor companies that have invested heavily in the cannabis industry are still +5.3% YTD, in comparison, and pay dividends to boot.

If you are reluctant to invest directly in cannabis stocks given that the sector is down -30.5% YTD, consider these companies that have invested heavily in the cannabis industry, or the VICE ETF.

The importance of local crops can’t be overstated. Regions like Africa and Asia that struggle with the right conditions for grapes or hops see higher consumption of “other” distilled drinks.