Cannabis: The Spectrum of Profitability

Cannabis: The Spectrum of Profitability

The march towards U.S. federal legalization has been accompanied by capital inflows from increasingly sophisticated sources. An inevitability for this sacred plant is agricultural commoditization with implications for each component of the supply chain along with...
Cannabis: Seven Avoidable Investment Mistakes

Cannabis: Seven Avoidable Investment Mistakes

It is likely that Cannabis will prove to be the best performing asset class over the next decade. While this provides a rare wealth-creation opportunity, the road to maturity for this emerging market is also unusually impacted by legislation, taxation, regulation and...
Deconstructed:  The Cannabis Pro-Forma Model

Deconstructed: The Cannabis Pro-Forma Model

The pro-forma financial model remains a staple of any capital markets transaction and it is the rare investor that disregards it. The logic underlying a corporate model highlights management’s investment process and is thus informative to the investor’s capital...
Hemp:  The End of Prohibition

Hemp: The End of Prohibition

‘Cannabis L Sativa’ as nomenclature is used to describe Industrial Hemp as well as Marijuana, yet each is genetically distinct and can be differentiated by intended use as well as cultivation practice. Marijuana generally refers to the psychoactive plant uniquely...
Imagine:  Our Journey Towards Power

Imagine: Our Journey Towards Power

Annual opioid fatalities now nearly equal American lives lost in the entire Vietnam war, yet the large public protests seen against this latter injustice do not occur against this more lethal killer. Are we simply complacent against this government sanctioned menace...
Cannabis:  Lessons from the Internet

Cannabis: Lessons from the Internet

The release of Windows 95 didn’t only mark the arrival of the graphical user interface, it also spawned a five-year period in which companies saw an unprecedented boom in valuations, business opportunity and access to capital. The extension ‘.com’ alone became...