Come to find out that among the hundreds of California cannabis events and conferences out there, not many actually offer much valuable 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 of 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.
In turn, 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, with 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 will be in Los Angeles and this time I will be the moderator.
Please join us on Thursday, November 30th, for an educational 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 then 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
Our 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. If you’d like to submit a question to the panel beforehand, please write to [email protected]. A cocktail networking session will follow the panel and will 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. Early bird tickets are on sale now at $55, rising to $75 on November 16. Please go here for details and to sign up.
We look forward to seeing you there!