Investors and entrepreneurs in the Northeast will get an opportunity to learn about opportunities in the budding medical marijuana industry next month at an educational seminar in New York City.
Medical Marijuana Business Daily announced today that it will host an event from 6-9:30 pm on March 14 focused on several key areas:
-Exclusive benchmarks, metrics and industry data from the Marijuana Business Factbook 2013, including biggest startup costs, average revenue, time to profitability and business outlook for 2013.
– Advice for investors who want to pump money into publicly traded MMJ companies, dispensaries, cannabis grows, edibles providers, ancillary businesses and nonprofits.
– Financing strategies for medical marijuana businesses, including boostrapping, loans, angel and venture capital investments, etc.
– Legislative updates about the emerging MMJ program in Connecticut and efforts to legalize medical cannabis in New York.
– Key mistakes upstart cannabis businesses and investors make, and how to avoid them.
– Tips on what it will take to start and run a successful medical marijuana business in Connecticut.
Speakers include Chris Walsh, editor of Medical Marijuana Business Daily; Jessica Billingsley of MJ Freeway; Tripp Keber of Dixie Elixirs/Medical Marijuana Inc.; and Erik Williams of the Connecticut Medical Cannabis Business Alliance, Gaia Plant-Based Medicine and Connecticut NORML. Each speaker will host a Q&A session, and there will also be time for networking before and after the event.
The event is aimed at investors and entrepreneurs in New York, Connecticut and New Jersey, an area of the country where cannabis business and investment activity is burgeoning.
“We’re seeing a strong resurgence of interest in cannabis-industry investment from private equity groups and angel investors in the tri-state area, as well as a number of area startups who are beginning to shop their business plans around in an effort to secure funding,” said Cassandra Farrington, publisher of MMJ Business Daily. “However, medical marijuana is still new enough to the East Coast that investors and entrepreneurs there alike aren’t aware of financial data, legal regulations or common MMJ business mistakes that could make or break their plans.”
This marks the first of several planned regional seminars by MMJ Business Daily, which hosts the annual National Marijuana Business Conference and publishes the Marijuana Business Factbook (due out in March).
Tickets cost $149 in advance or $199 at the door, and seating is limited. You can find out more information or buy tickets here.