Financial Roadblocks In Cannabis: What’s Hindering Growth And How To Fix It According To Experts
As the cannabis industry continues to grow, a roadblock keeps holding it back — access to traditional banking and capital markets. That’s according to William Muecke, a co-founding managing member of Artemis Growth Partners and upcoming speaker at the Benzinga Cannabis Capital Conference. Despite the increasing demand and the industry’s robust growth projections, many cannabis companies struggle to thrive due to financial constraints.
Safe Banking and Capital Access: The Missing Links
Muecke emphasized that the core issue for cannabis companies isn’t demand but rather the lack of access to institutional capital. “The biggest issue for valuation and for companies to be repriced multiple times is the involvement of institutional capital,” he said.
Without access to traditional banking and capital markets, many companies are left financially vulnerable, unable to secure the funding …