The Financial Post reports in its Friday, Oct. 18, edition that while cannabis-derivative products such as edibles, vapes and beverages have been legalized, they can only begin appearing on shelves after a 60-day moratorium ends on Dec. 16. The Post's Victor Ferreira writes that instead of jumping into the market now, Roth Capital Partners analyst Scott Fortune recommends that investors -- especially those with a long-term scope -- wait a few quarters until the market settles. Mr. Fortune said: "We've seen this before in California. Every time you have a new legalization, it's messy. It's never clean from the beginning. There's going to be a lot of starts and stops for the next two to three quarters." In the two months leading up to the legalization of cannabis in 2018, the North American Marijuana Index jumped more than 40 per cent. However, after sales began on Thursday, the benchmark index entered a downward spiral that would see it bottom out in late December. Evolve ETFs portfolio manager Elliot Johnson thinks too much emphasis has been put on chasing profitability in the cannabis space. Mr. Johnson is moving his portfolio toward Aurora Cannabis, Canopy Growth and Cronos Group.