Investor Confidence In Cannabis Is ‘Amped Up’ As VCs And Private Equity Firms Shift Perception, Expert Says
As regulatory changes loom for the cannabis industry, investor confidence is seeing an upward trend.
Kevin Hart, founder and CEO of Green Check Verified, has observed a significant shift in the industry’s investment landscape, with growing interest from venture capital and private equity firms that were previously hesitant to get involved.
This newfound optimism is a promising sign for cannabis businesses looking to secure funding and stabilize a challenging market, he says.
Hart, who will speak at the Benzinga Cannabis Capital Conference in Chicago, emphasized that this surge in investor confidence is linked to the industry’s evolution and the progress being made on regulatory fronts.
“Investor confidence is pointing upwards,” Hart stated, noting that rescheduling efforts and the potential for safer banking drive this momentum.
New Players Enter the Cannabis Space
According to Hart, one of the most noteworthy developments is the influx of new investors …