Marijuana Business Magazine - May-June 2018

DEPARTMENTS 34 Trends and Hot Topics: California’s Cannabis Cannibals Legal cannabis businesses in the Golden State are blowing the whistle on unlicensed operators to protect their own bottom lines. 12 Money Matters: Q&A with Brendan Kennedy The CEO of Privateer Holdings discusses how his private equity firm has grown to include marijuana business interests on five continents. 110 Retail Business Strategies: Getting a Head Start Front-end work, local partners and previous experience allowed Cresco to launch before its competitors in Pennsylvania’s new medical marijuana market. MJBizConNEXT brings the future of the rapidly expanding cannabis industry to you. Join senior level executives expanding their companies, top growers and extractors leading their fields, and emerging industry professionals seeking to be tomorrow’s leaders. Brought to you by the editors of MJBizDaily, this is your chance to experience what’s NEXT in cannabis! mjbizcon.com/NEXT EXPERIENCE THE FUTURE OF THE MARIJUANA INDUSTRY THANK YOU MJBizConNEXT SPONSORS From the CEO's Desk............................................... 8 My Favorite Things................................................ 14 lndustry Developments........................................ 18 Hemp Notebook......................................................32 The Executive Page...............................................36 Ancillary Business Strategies......................... 116 Hire Learning.........................................................124 Company News.....................................................132 Movers & Shakers..................................................136 Market at a Glance: New Mexico.................. 141 Advertiser lndex...................................................142 lnsightful lndustry Observations....................144 10 Cannabusiness by the Numbers The legalization of recreational marijuana can put a big dent in a state’s pre-existing medical cannabis market. 16 Five Questions With Kevin O’Leary The ‘Shark Tank’ star shares insights for investing in the marijuana industry.