The cannabis industry has been regarded, for good reason, as one of the fastest growing industries worldwide. And while the potential for this fledgling industry remains immense, it met some significant challenges in the second half of 2019. A problematic Q3 and Q4, which saw a significant correction for publicly traded cannabis companies, resulted in […]

I don’t love the title of this post. Because, it’s not either/or, as vs. implies. It’s both and more. However, on just about every panel I sit on, invariably, the question comes up, “What is the most important thing you look for when evaluating a company?”   Overwhelmingly panelists answer team. Team is essential for […]

Investment in the cannabis industry continues to flow. According to the Viridian Deal Tracker, during the first 19 weeks of 2019, approximately $5.65B in equity and debt capital was invested in both public and private cannabis companies, an increase of +87% over the $3.01B for the same period in 2018. Not surprisingly, Cultivation & Retail […]

  One of my favorite slides in my investor deck is titled “The Pace of Social Change” which features a great graphic from Bloomberg, that is pictured above in edited form. While it’s common knowledge that government policy follows public opinion, it’s also often the case that federal laws don’t change until the states themselves […]