Siva Capital Publish 2nd Monthly Memo. Curaleaf- Aurora “The last cycle treated licenses as scarce and capital as abundant. The next one reverses it”

Also in the Memo Executive Summary ………………………………………………………………………………………………….7 Part One — Federal Reform and Market Repricing …………………………………………………….10 2024 Rescheduling Call: What Held and What Missed …………………………………………….10 Schedule III: What It Repaired ………………………………………………………………………………11 Schedule III: What It Did Not Repair………………………………………………………………………12 The Three-Market Split ………………………………………………………………………………………..13 Public Markets – What a Re-Rate Actually Requires ………………………………………………..15 Interstate Commerce: Legal Pathways […]