This webinar discusses cannabis products that are produced, sold domestically, imported, or exported and what can be discerned about the value of market opportunities.
CHICAGO (PRWEB) August 20, 2019
This webinar is co-produced by West LegalEdCenter™ and part of the "Hot Topics 2019" series. It will feature Chris Cahill (Lowis & Gellen LLP); Ruth Rauls (Saul Ewing Arnstein & Lehr LLP); Jack O'Connor (Sugar Felsenthal Grais & Helsinger LLP); Jordan Fishfeld (CFX Markets); and Jonathan Loiterman (Green Star Growing, Inc.).
How make cash with cannabis? How do well with weed? Let us presume our world is all Canadian, where marijuana has been legalized. Then the chief questions are what products (recreational? Medical? pharmaceutical?) might be produced, sold domestically, imported, or exported and what can we discern about the value of market opportunities, apparent or latent, thus far. If we add to our world the US -- where 10 states (or so – the numbers are dynamic) have legalized recreational usage of pot and 33 states (same qualification) have legalized medical use of pot, and many states and the national government continue to impose criminal penalties on the use and trafficking of pot – the picture muddies. How handle payments receipts for a pot business if banks will not accept deposits or provide checking services? How finance production if banks will not lend? How can lenders who, ignoring other risks, want to lend, properly price the credit when federal bankruptcy courts may be closed to borrower entities? And what legislative changes are likely on the federal and state levels? Sure BlackRock is investing in cannabis businesses, but should accredited investors? Is bitcoin a more predictable play?
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The webinar will be available on-demand after its premiere. As with every Financial Poise Webinar, it will be an engaging and plain English conversation designed to entertain as it teaches.
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