Its 420 time. Not really its conference time. Its business time. Its cannabis time. Its a new market. Like to process of overturning prohibition both state and federal laws have to be changed. Its similar in that alcohol taxes before Prohibition were a large part of federal tax receipts where as government can look to cannabis tax revenue to replace the decreasing revenue from cigarette taxes.
As they say no one ever went to war on pot its increasing being looked at as a perfect opportunity, increase tax revenues with a new vice tax, lessen opioid usage and create new jobs and business. Its the fastest growing business today.
Who is there. Its a business event. Its workshops. Do the attendees touch the plant or don’t they? Is it a lifestyle or are they hard core capitalists. Or both.
You increasingly make money at the beginning and at the end of cycles. Either be first or be last. Those here want to be first. At the beginning of the journey its not managing a p&l its managing your imagination. Its much more fun. Like the internet 20 years ago.
What are new and next opportunities?
What problems still have to be solved?
What are the changes necessary so that cannabis as a class is in more investors portfolios.
When at what size in sales or profits do companies get acquired?
Todays Growth Capital Conference was comprehensive in answering investors question. Randy Shiply has an encyclopedia knowledge of cannabis investing and his speakers are knowledgebale in their areas of expertise. All in all, Randy runs a great event. The biggest surprise about events are the fellow attendees. Thats the surprise and the magic. Among the investors I met were a gem merchant and a honey maker. Such different skill sets sharing this new opportunity.
The first day was great. I took a video of the Harbinger Group presentation. Nice, well done presentation for those who are looking to build their brand’s digital assets. LINK BTW the video quality is terrible but the graphics and words are worth sitting through my lousy camera work.
Like the army, where only about 10% of troops fight at any one time, there is a lot of support, “I don’t touch the plant”, associated busineses, see the list below.
The Cannabis World Congress & Business Expo (CWCBExpo) is the definitive business event for the cannabis industry. Exhibitors and sponsors bring cutting-edge solutions to owners and managers of businesses in this fast-growing industry, and a wealth of opportunity and knowledge to those looking to enter the market with potential partners and investors.
The Annual Cannabis World Congress & Business Expositions feature the latest technologies, solutions and resources for your cannabis-related company.
Exhibits, products, services and seminars available at the 2016 CWCBExpo will include:
* Accounting & Insurance Services
* Advertising & Marketing Agencies
* Banking & Payment Processing Services
* Containers, Bottles, & Packaging
* Dispensing & Vending Machines
* Displays & Fixtures
* Grow Lights
* Hemp Products
* Hydroponics & Cultivation Products
* Infused Edibles & Beverages
* Inventory Tracking
* Lawyers & Legal Resources
* Licensing Services
* Medical Resources
* Paraphernalia (Head Shop & Smoke Shop Goods)
* POS & Management Software
* Private Equity & Investment Resources
* Professional Training & Education
* Security Services & Equipment
* Seed Banks
* Testing & Lab Services
* Tinctures, Tonics, & Topicals
* And much, much, more…
There are many reasons to attend this event. Do it.