{"id":70070,"date":"2019-07-14T00:07:32","date_gmt":"2019-07-14T04:07:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=70070"},"modified":"2019-07-16T02:11:54","modified_gmt":"2019-07-16T06:11:54","slug":"pot-investors-brace-for-writedowns-not-profits-in-second-half","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2019\/pot-investors-brace-for-writedowns-not-profits-in-second-half.html","title":{"rendered":"Pot Investors Brace for Writedowns, Not Profits, in Second Half"},"content":{"rendered":"<p>\n(Bloomberg) Cannabis investors banking on profitability in the second half of the year may have another thing coming: More losses at best, and maybe a surprise stack of writedowns. Although pot stocks have enjoyed a heady start in 2019 due to global marijuana legalization efforts and the burgeoning use of CBD as a wellness product, backers are starting to judge their investments by profitability instead of hype, and patience is wearing thin. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-07-11\/pot-investors-brace-for-writedowns-not-profits-in-second-half\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Cannabis investors banking on profitability in the second half of the year may have another thing coming: More losses at best, and maybe a surprise stack of writedowns. Although pot stocks have enjoyed a heady start in 2019 due [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-70070","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=70070"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70070\/revisions"}],"predecessor-version":[{"id":70071,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70070\/revisions\/70071"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=70070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=70070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=70070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}