The peaks and pitfalls of pot investing
It wasn't so many years ago that the words "cannabis gathering" only meant a joint being passed around the room and some sturdy philosophizing about life, the universe, and the bounties of the magic leaf. The picture could not have been more removed from that at the Cannabis Private Investment Summit organized by Kahner Global in New York City a couple of weeks ago. This was a room full of professional suits. On the one side, there were private family offices and high net worth investors potentially wanting to latch on to the exploding legal cannabis industry. On the other side, individuals with established cannabis-related companies pitching their products or services, informing and educating everyone about the opportunities in the space.
I had the interesting job of moderating a fireside chat between ebbu co-founder Dooma Wendschuh and Privateer Holdings CEO Brendan Kennedy. While there was no fire, there certainly was...
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