"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 Discussion
00:00:38 - Introduction to Raising Cannabis Capital Show
00:00:50 - Guest Introduction: Matt Hawkins
00:01:41 - Rating the Cannabis Industry Growth in 2023
00:02:11 - Investment Challenges in the Cannabis Industry
00:03:17 - Impact of the Macro Economy on Cannabis
00:04:03 - Legislative Optimism for 2024
00:04:25 - Excitement for Rescheduling and New Fund Launch
00:05:47 - Institutional Investor Involvement
00:06:45 - Impact of Rescheduling on Cannabis Businesses
00:09:08 - Investment Opportunities in Cannabis Stocks
00:09:32 - Private Company Investments and 280E
00:10:06 - Opportunities in Fund4 for Investors
00:10:49 - Accredited and Qualified Investors
00:11:00 - Timing for Investment with Institutional Partner
00:11:27 - Federal Legality and Institutional Capital
00:12:42 - Closing Remarks and Future Discussions

Produced by PodConx

MJBulls - https://podconx.com/podcasts/raising-cannabis-capital

Dan 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/

"From Schedule I to III: How Cannabis Regulatory Changes Could Reshape Investment Landscape"

Ian Dominguez, the founder and chief investment officer at Delta Emerald Ventures, joins Dan Humiston to discuss cannabis industry investments and the potential impact of regulatory changes on the market. The conversation focuses on the shift from cannabis being classified as a Schedule I to a Schedule III substance and its potential implications.

Ian highlights that such a change could attract more capital into the industry, similar to how states with legalized cannabis are already functioning to some extent. However, he cautions against assuming an immediate windfall, drawing parallels to historical instances where sudden profitability led to frivolous spending and discounting.

He emphasizes the need for technology in the cannabis sector, especially for operators facing increasing competition and the necessity to drive costs down. Ian sees significant potential in technological advancements to help operators improve efficiencies and remain competitive. He points out that while Multi-State Operators (MSOs) usually get attention, smaller, independent operators also drive innovation in cannabis retail.

Regarding investment opportunities in the cannabis industry, Ian suggests that individual retail investors can benefit from learning and networking within the industry but advises against navigating it alone. He emphasizes the value of collective learning and sharing information. Ian invites people to explore their newsletter and events for insights and learning opportunities.

Produced by PodConx

MJBulls - https://podconx.com/podcasts/raising-cannabis-capital

Dan Humiston - https://podconx.com/guests/dan-humiston

Ian Dominguez -https://www.linkedin.com/in/iancdominguez/

Delta Emerald Ventures - https://www.deltaemerald.com/

Sound Design - Jamie Humiston

Recorded on Squadcast - https://squadcast.fm/

Produced by PodConx

MJBulls - https://podconx.com/podcasts/raising-cannabis-capital

Dan 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/

"From Maryland to Ohio: Story Cannabis' Expanding Footprint"

Jason Vedadi, CEO of Story Cannabis,  joins Dan Humiston to discuss the company's impressive growth in the cannabis industry. Story Cannabis is a young company rapidly expanding in the MSO (Multi-State Operator) space, operating in Maryland, Ohio, and planning to enter New Jersey. Jason highlighted their focus on winning licenses, potential benefits from cannabis rescheduling, and their ongoing capital-raising efforts for expansion.

Produced by PodConx

MJBulls - https://podconx.com/podcasts/raising-cannabis-capital

Dan Humiston - https://podconx.com/guests/dan-humiston

Story Cannabis  - https://storycannabis.com/

Jason Vedadi - https://www.linkedin.com/in/jason-vedadi-949979159/

Sound Design - Jamie Humiston

Recorded on Squadcast - https://squadcast.fm/

Produced by PodConx

MJBulls - https://podconx.com/podcasts/raising-cannabis-capital

Dan 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/