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Jim Cramer: Right? You like they want that gut and that's important. Okay. Now Richard C. writes, would you recommend buying cannabis ETF instead of attempting to pick an individual stock? No, but I have to tell you we did a lot of work in preparation for this Canopy Growth is the best. Why? Because it has 4 billion in American and 5 billion Canadian that was given by the people at Constellation, I'm close to Constellation because a bar San Miguel but also because of the stock and they have been anointed by Constellation and the only other one that has a lot of money, is Cronos. I really don't like Tilray. What I'm afraid of is, is that if you get an ETF you can have a lot of bad ones because this is only going to be a couple of winners in this thing cause it's not as great as people think.

Jeff Marks: You've got to know what your own.

Jim Cramer: Yes. And for Canopy, just so you know, the, the liquid is going to be owned by Constellation, which has Modelo and Corona and Victoria and Pacifico and also High West and Casa Noble. Good high end brands. The medical is going to be run by Bruce Linton and I know he's not a medical guy and that does - kind of could use that, but the, the beverage guys are the best and the medical guys are doing a lot of studies here. So that's the one, if you believe in - would I buy this?

Jim Cramer: Yeah, I guess I would, but I want, I got to tell you I wouldn't buy it for the next quarter because it may not be any good. They're talking about the run rate a year from now being maybe a bill. The numbers were cut today by Piper. I know that there's the worst kind of money in that one. Bad investors. Okay. Yeah. Too Hot.

So, if an investor is looking to get into cannabis, what's their best bet -- an ETF or an individual stock?

Jim Cramer tackled the question during his April Action Alerts Plus members-only call. He said that he would not recommend a cannabis ETF over stock picking.

"No, but I have to tell you we did a lot of work in preparation for this Canopy Growth (CGC - Get Report) is the best. Why? Because it has 4 billion in American and 5 billion Canadian that was given by the people at Constellation (STZ - Get Report) , I'm close to Constellation because of Bar San Miguel but also because of the stock and they have been anointed by Constellation and the only other one that has a lot of money, is Cronos (CRON - Get Report) . I really don't like Tilray (TLRY) . What I'm afraid of is that if you get an ETF you can have a lot of bad ones because this is only going to be a couple of winners in this thing cause it's not as great as people think." said Cramer.

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Read What Our Real Money Contributors are Saying About Investing in Cannabis