Friday Happy Birthday

Stocks ended the week on a positive note. GE maybe the cause for today’s excitement as it announced a sale of nearly $30 billion in real estate assets and a massive $50 billion stock buyback program.

News flow was very light in the cannabis sector, which is not very surprising given the day of the week. As a result, volumes were very low and prices mixed.

Daily Positive: I would like to say happy birthday to my big sister and business partner Emily Paxhia! I hope you have a great day and birthday weekend.

We are heading to Las Vegas this Sunday for the Growth Capital Expo. We were introduced to the conference from a very valued colleague in the industry, Doug Leighton. As a result, we have been asked to speak on the cannabis panel, “The Green Rush: Opportunities and Pitfalls of Investing in Public Marijuana Companies,” along with Doug Leighton, Alan Brochstein, Marc Ross, and John Clarke.

Immediately following, I will jump into The Lions Den, which will be very similar to the ABC show, “Shark Tank.” We have been asked to hear pitches by a few cannabis companies seeking capital.

We are always excited to go on the road and share our insights about investing in the cannabis industry. It is a great opportunity to continue building important relationships and reconnecting with good friends. In addition, we are eager to participate in conferences outside of cannabis because so many people have yet to really explore the opportunities in this emerging industry.

 

The discussion above is provided for informational purposes only and does not constitute an offer of, or solicitation for, any investment services or products offered by the author. The author is not making any investment recommendations and the opinions above do not constitute investment advice. Reference to above indices [and companies] is based on information provided by sources the author believes to be credible. Investing in the cannabis industry, as with other industries, presents certain risks including the risk of loss on an investment.

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