Yesterday, weed stocks were generally green. The day before too. This brought about a load of folks on social media talking about how ‘cannabis is back!’ and ‘the bear market is over!’
AMPD Technologies, Enthusiast Gaming (EGLX.V), Riot Games, Louis Vuitton and the dawn of e-sports investing
For many people of my vintage, the concept of being entertained by watching other people play video games is confounding.
Over the last few days, as cannabis took another face plant into the toilet bowl, a ton of money has been looking for somewhere else to go.
If you’ve been reading this site for a long time, you’ll have heard us mention AMPD Technologies before. This is a company I’ve been a part of, in an informal advisory nature, for nearly two years, having met one of the founders at a Dungeons and Dragons game way back, and realizing his company would be a monster once the e-sports investment movement took hold.