Benzinga's Cannabis Capital Conference’s Post

🌿✨ Excited Reflections from Crain's CLE Cannabis Summit ✨🌿 What an enlightening and energetic experience we had at the Crain's Cleveland Business Cannabis Summit! Midtown Capital Advisors is armed with new knowledge and valuable connections gathered at this dynamic summit. Let's talk numbers! The insights shared at the summit point towards an explosive growth projection for the cannabis market. Experts anticipate a market size of $2-4 billion, painting a vibrant picture of the future. To put it in perspective, this promising forecast positions the cannabis industry to be about the size of Cle based Lincoln Electric 📈 👀 This isn't just about the numbers ��� it's a story of community and economic growth. An industry of this magnitude means substantial contributions in taxes and an influx of job opportunities, fueling prosperity and innovation across our great state of Ohio. Wait! And now, the best part: Midtown Capital Advisors is on the cusp of introducing an exciting cannabis Multi State Operator’s brand to Ohio… But we can’t share the name… yet… Stay connected by following us here on LinkedIn for more updates and insider peeks into this blossoming industry. Trust us; you don't want to miss what we have in store! 🌱 #CannabisSummit #EconomicGrowth #MidtownCapital #CannabisIndustry #OhioCannabis #Networking #Insights #InvestmentOpportunities

Centri’s Kevin McLaughlin, CPA, Managing Director and Cannabis Practice Leader, is featured in a ColoradoBiz Magazine article: How the Colorado Cannabis Industry Can Thrive Amidst Market Disruption. Within this article, Kevin discusses the macroeconomic conditions currently affecting Colorado’s cannabis businesses and offers steps those companies can take to adjust today and position themselves for success in the future. Read more: https://lnkd.in/eXed2QjZ #Cannabis #ColoradoBiz #Accounting #Advisory #Centri #TeamCentri #ExpertiseonDemand

Here's the full video of my panel discussion from Benzinga Cannabis in Chicago last week, with Vladimir Bautista of Happy Munkey LLC, Rebecca Kirk of Acreage Holdings, and Louis Magazzu of Weiner Law Group LLP. We had a wide-ranging discussion of how big #cannabis companies and investors are looking at the opportunities and challenges in New York and the broader Northeast. Stay for some 🔥 words from my friend Vlad: "The majority of the big players were playing monopoly," Bautista said. "They would buy everything they land on, do another round of raising, and buy whatever else they land on. And the only thing they had to produce was projections, and growth." "Investors aren't rewarding that anymore. The game has morphed more into a game of Risk, and investors looking for profitability." Legacy market operators, said Bautista, couldn't operate off of projections — everything had to be funded out of income. It's a totally different way of doing business. What do you think? Are the days of big cannabis companies dotting up the map over? Are investors going to be more focused on profitability moving forward?

2023 was a tough year for cannabis and was marked by developments that created a tough business environment including a shrinking workforce, license declines, plateauing sales and diminished stock valuations. However, 2024 offers some hope: ∙ Industry seeing a bottom and rebounding into a stronger market with fewer competitors ∙ The DEA possibly rescheduling cannabis to make it federally legal, opening incredible new market opportunities, and eliminating 280e. ∙ Market attractiveness when the cannabis industry becomes a growth market On Thursday February 22nd, Ed Keating, Co-Founder of Cannabiz Media will lead a discussion with industry leaders on how they survived 2023 and hear what they plan for 2024. Joining Ed will be industry leaders: ∙        Kevin Hart, CEO Green Check Verified ∙        Brett Harris, CEO Luvbuds ∙        Jacques Santucci, President Opus Consulting ∙        Liesl Bernard Bernhard, CEO Kalon / Cannabizteam Executive Search and Staffing ∙        Kaliko Castille, Former President Minority Cannabis Business Association FREE Registration @ thecannabischamber.com

Definitely thought leaders you want to hear from. It’s always good to hear words of wisdom and shared experiences from fellow industry folks. #cannabisbusiness #thoughtleadership

Two of Rehmann's cannabis-business experts, Erik Schumacher, CPA, and Chris Rosmarin, CPA, discuss current trends they're seeing in M&A and what the future holds for the Michigan cannabis industry. Want more insider insights on Michigan's ultra-competitive cannabis industry? Download the award-winning 2023 Michigan Cannabis CFO Outlook at https://hubs.la/Q028Gcq_0

Unveiling the Essence of MJBizCon 2023 in Vegas! Amidst the vibrant spectrum of cannabis topics at MJBizCon 2023 (https://lnkd.in/eJw26u4), we have noticed that one was of repeated interest—the general interest of American companies in venturing into the European market. While the event showcased cutting-edge cultivation techniques, delved into market insights, explored the nuances of marijuana aromas, and dazzled with an innovation and technology showcase, our conversations showed the general interest of American companies towards the European market. Due to Europe's massive potential as a cannabis market and its steady movement on the maturity curve, Europe is still considered nascent but more and more eyes are focused on the old continent. The Americans' interest in Europe traverses the value chain and ancillary market. While one MSO we met was focused on their regional US strategy, a handful of others are interested in the various European entry strategies available to them as US-based operators. We spoke with genetics companies, vape manufacturers, minor cannabinoid extractors, and even a cannabis credit rating agency, all interested in pursuing an optimal entry strategy to compete in Europe. We are eager to help more American and Canadian companies offer their innovative products and services in Europe in 2024. #MJBizCon2023 #CannabisInnovation #GlobalMarketExpansion #EuropeanOpportunity #CannabisConference #IndustryInsights #CannabisEurope #CannabisIndustry #CannabisInvestment #Cannabis

Good article about what is really important in this industry.

10 Best States For Cannabis Businesses Ranked By Legal Experts, The Winner Will Surprise You, read more on the latest from Benzinga by Nina Zdinjak. Features Thompson Coburn LLP, Michael Rosenblum. #Cannabis #CannabisNews #UnitedStates #Industry #Market #BZCannabis.

Being involved in the #AICPA & #CIMA Cannabis Industry Conference is always the highlight of my year, and I’ll be speaking twice at this year’s event in Boston August 14-16! Select members of DOPE CFO and I will be appearing over the three days to share experiences, advice, and industry knowledge. On my next live stream, I’ll give a sneak peek at some of the topics that will be discussed at the conference, as well as some insider tips on getting the most out of networking at conferences. Some of the topics I’ll go over: 🟢 Tax and accounting issues that impact the industry and how to develop the inquisitive mind of a Cannabis accountant to be able to meet obstacles head-on. 🟢 How the tax accounting and Cannabis industry tie in together. 🟢 How to build a Cannabis niche market by getting to know your client and assessing your risk tolerance. 🟢 Raising capital and the challenges that come with funding a Cannabis business. 🟢 The private industry nuances of Cannabis. Join DOPE CFO live every Thursday at 10 AM PT to stay up-to-date on the Cannabis industry. Click below 👇 for more info and to RSVP. https://bit.ly/454NRid #BeDOPE #CannabisAccounting #CannabisIndustry