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MJBulls: Cannabis investing and cannabis fundraisingAuthor: Dan Humiston, PodConx
The rapid growth of the cannabis industry has created an investment boom. The MJBulls Raising Cannabis Capital Podcast features public companies, investors and cannabis companies that are raising capital to fund their growth. Produced by PodConx Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Entourage Effect Capital | Matt Hawkins | 2024 Preview
Episode 442
Monday, 1 January, 2024
"Reshaping Cannabis: Predictions and Potentials for 2024"Dan welcomes back Matt Hawkins, the co-founder of Entourage Effect Capital. The conversation delves into the challenges faced by the cannabis industry in 2023, marked by limited investment capital, portfolio management struggles, and fundraising difficulties, impacting both private and public sectors.Hawkins discusses the impact of rescheduling cannabis, highlighting its potential to eliminate tax burdens under Section 280E, potentially leading to substantial financial gains for businesses. They also explore the upcoming opportunities in 2024, including the launch of a new fund by Entourage Effect Capital with a substantial institutional investor committing a significant investment, which could reshape the landscape for investing in the cannabis space. The discussion emphasizes the potential changes in legislation and the prospects for investment in both private and public cannabis companies.The conversation ends on an optimistic note, focusing on the potential for growth and investment opportunities in the cannabis industry in the upcoming year. Matt Hawkins - https://www.linkedin.com/in/matt-hawkins-11288a2/Entourage Effect Capital - https://www.entourageeffect.com/ 00:00:05 - EBITDA and Profitability Discussion00:00:38 - Introduction to Raising Cannabis Capital Show00:00:50 - Guest Introduction: Matt Hawkins00:01:41 - Rating the Cannabis Industry Growth in 202300:02:11 - Investment Challenges in the Cannabis Industry00:03:17 - Impact of the Macro Economy on Cannabis00:04:03 - Legislative Optimism for 202400:04:25 - Excitement for Rescheduling and New Fund Launch00:05:47 - Institutional Investor Involvement00:06:45 - Impact of Rescheduling on Cannabis Businesses00:09:08 - Investment Opportunities in Cannabis Stocks00:09:32 - Private Company Investments and 280E00:10:06 - Opportunities in Fund4 for Investors00:10:49 - Accredited and Qualified Investors00:11:00 - Timing for Investment with Institutional Partner00:11:27 - Federal Legality and Institutional Capital00:12:42 - Closing Remarks and Future Discussions Produced by PodConx MJBulls - https://podconx.com/podcasts/raising-cannabis-capitalDan Humiston - https://www.linkedin.com/in/humiston/Sound Design - Jamie Humiston - https://www.linkedin.com/in/jamie-humiston-91718b1b3/Recorded on Squadcast - https://squadcast.fm/
