EXCLUSIVE: California Cannabis Investor Takes Page From Warren Buffett’s Playbook — ‘Trust Is Everything’
The California-based cannabis extract producer PaperPlanes has one major problem: a lack of liquidity, CEO Paul Weiss told Benzinga’s Market Spotlight: California conference Thursday.
“Liquidity is the key and there’s very little in the system right now,” he said.
As a smaller producer, Weiss said PaperPlanes has a different objective than large cannabis companies and is not subject to macro trends.
“You’ll hear a lot of talk about how terrible and difficult things are in California. We aren’t really experiencing that,” Weiss said. “We actually think it’s a very fertile place and we see the future as very bright.”
The Benzinga Cannabis Capital Conference is returning to Florida in a new venue in Hollywood on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn, and grow. Renowned for its trendsetting abilities …