Author: Cohn Reznick Staff Published: 1/19/2023 Cohn Reznick
New pathways to capital for cannabis enterprises
Cannabis continues to be a phenomenal growth market. But like in any burgeoning industry, effective business growth requires capital. With typical banking services currently generally unavailable to the industry, growers, operators, and distributors need to be especially strategic and creative about financing. Read insights that industry capital providers, operators, and advisors shared during a recent panel moderated by CohnReznick’s Greg Chin.
“While the market will likely look different in years ahead, companies with solid fundamentals, strong management, and strategic insight will be best positioned to thrive.”