Article by Harrison Jordan, Lift News
What is it like being one of the world’s leading cannabis financial analysts? We set to find out by interviewing Alan Brochstein of New Cannabis Ventures and 420 Investors. A leading financial guru in the cannabis space, Brochstein is a former blogger at Seeking Alpha. You can catch him at the Business Conference on May 26, 2017 at the Lift Cannabis Conference and Expo in Toronto.
What does the typical day of Alan Brochstein look like?
So, I’m up at usually 5 AM. I just dive right into it, I usually get 75 emails a night and I start digging through SEC filings at that time. In the morning, I’m looking through a lot of press releases that come out, so I try to separate what’s valuable and what’s not.
Every day during the week I do a 10 to 15 minute video review of cannabis stocks for my subscribers at 420 investors before the market opens.
Throughout the day I do a number of things. I run model portfolios at 420 Investor. I may make adjustments to those. I’m reporting news throughout the days on publicly traded cannabis stocks. I try to find content that is worthy of publishing at New Cannabis Ventures. If something is important for the cannabis industry, whether a private or public company, I’ll publish it. Typically it is 4 or 5 articles per day. I’m spending time during the day doing business development for New Cannabis Ventures.
Every day I have a smoothie, I use my Vitamix. That’s my lunch every single day.
In between the hours of 11AM and 2PM, that’s when I try to have calls with people. After the market closes I spend 30 minutes to an hour reviewing data for the day, and creating a summary for the day, as well as another video for my subscribers. After that, I generally work through the dinner break until 10 or 11 PM night time.
I think bigger picture; what I’m doing during the day is wearing a lot of different hats—trying to stay on top of the publicly traded sector, for both my subscribers at 420 Investor as well as for the really good companies on New Cannabis Ventures, and also just trying to stay on top of the whole cannabis industry. So it keeps me pretty busy.