Among the hundreds of California cannabis events and conferences out there, I’ve come to find few offer much insight or even tips for investing in California’s cannabis industry and ancillary sector. Many of our California cannabis clients have been engaging in all kinds sophisticated hybrid equity and debt deals to put dollars into the hands of California cannabis operators and ancillary businesses as we head into licensing in 2018.
On September 28th of this year, our San Francisco office hosted our first California Cannabis Investment Forum, and it was a huge success. Not only did we sell out and have more than 250 people in attendance, those who attended really enjoyed it and many requested we do something similar in Los Angeles. Their reasons for wanting a similar event in Los Angeles ranged from wanting their SoCal people to be able to attend to wanting to hear what is happening in Southern California and to meet and network with cannabis industry operators and investors in our area. So, by popular demand from attendees and clients, we’re hosting another investment forum at the end of this month, but this time it’s in Los Angeles and with new panelists and a new moderator!
We hope you can join us on Thursday, November 30th for a discussion on investing in Southern California’s newly regulated cannabis industry. Hosted by Harris Bricken‘s Los Angeles office, the Southern California Cannabis Investment Forum will bring together top investors and leading companies in Southern California’s cannabis and ancillary industries.
The Forum will begin at 6:30 p.m. with a keynote from me that addresses the many recent changes to California’s medical and adult use cannabis laws under MAUCRSA. From 6:45 to 8 p.m., I will moderate a panel comprised of the following:
- Alex Fang, Founder of Sublime CO2
- Paul Henderson, CEO of Grupo Flor
- Stephen Kaye, COO of Big Rock
- Kenneth Berke, President of PayQwick
- Carlton Willey, our own San Francisco-based securities and equity financing attorney
Panelists will cover:
- Cannabis industry investing and fundraising and the outlook for the future
- Deal structures (i.e., investment rounds, debt versus equity deals, hybrid structures forced by volatile regulations, and reverse mergers)
- Business and financing concerns tied to investing in cannabis
- Investor red flags in Southern California’s cannabis industry
Audience questions will be taken throughout the presentation. A cocktail (the food and a drink is included in the ticket price) networking session will follow the panel and last until 9:30 pm.
The Southern California Cannabis Investment Forum will be held at Wanderlust in Hollywood. Hors-d’oeuvres and drinks will be provided. Doors open at 5:30 pm. If you act now, you can get two tickets for $100. Early bird pricing ends at midnight tomorrow, so don’t wait to get your tickets!
We look forward to seeing you there!