How To Make Your Cannabis Business More Attractive For Investors In 2024: Advice On Financial Health & Innovation
Following President Biden’s brief mention of cannabis reform in the State of the Union speech last month and VP Kamala Harris‘s recent plea to the DEA to accelerate the process of rescheduling cannabis under the Controlled Substances Act, there has been much speculation about what’s next and when.
Meanwhile, cannabis companies are figuring out ways to stay afloat and attract investors. Suggestions and ideas on how to do that are on the docket at the upcoming Benzinga Cannabis Capital Conference this April 16-17 where Morgan Paxhia of Poseidon Investment Management and John Darwin of Luminous Capital will share their vast industry experience.
To say that the last couple of years have been challenging for cannabis companies would be an understatement. High taxes, regulatory challenges, no banking options and a booming illicit market are some of the stumbling blocks on the road. Despite this, some companies grew. According to experts, successful companies are the ones that keep their focus on their balance sheets and make their businesses sustainable.
Financial Health And Innovation
Financial health is one of the factors investors have been and …