Region: CannaVest
Room: Hall D - 3
Session: CV08
Time:
Thursday, December 16
10:30AM - 11:15AM

CannaVest: The Multi-State Operator Roundtable: A Look at Business Plans, Operating Models & Future Expansion Opportunities

CannaVest - Investment


Room: Hall D - 3
Session: CV08
Time:
Thursday, December 16
10:30AM - 11:15AM

A sharp drop in cannabis stock market valuations is having an outsized impact on cannabis operators. Deal making is slowing while debt is becoming scarce and more expensive. The North American Marijuana Index, which tracks the leading cannabis stocks in the US and Canada, has fallen by more than 50% in the past 12 months. Valuations have come down as high prices for legal products have made it hard to shift demand out of the black market. Moreover, governance problems with some operators have made investors reticent about buying cannabis stocks. This panel will address the path to profitability, how they are accessing the capital markets, and any silver linings on the horizon.

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