Marijuana Business Magazine May-June 2019

Marijuana Business Magazine | May-June 2019 152 Notable Quotes | Insightful Industry Observations It’s important that cannabis companies show the same level of good governance as any non-junior listed company. The merits of gender diversity on boards are widely known; the connection with performance is widely known. They should attempt to attain a higher standard of increased diversity. Market saturation (of CBD) is very quickly coming. We cannot be that reductionist that we just talk about CBD. – Catherine McCall Executive director of the Canadian Coalition for Good Governance, on the benefits of diversity in a marijuana company's corporate structure. When you talk to these leading (multistate operators), they prefer to go out and grab a larger group of assets rather than doing a number of smaller deals. This is further evidence that the market will consolidate considerably as the rapid land grab continues. – Brett Hundley Analyst at Seaport Capital, on recent M&A activity in the cannabis industry, such as Harvest Health & Recreation’s acquisition of Verano Holdings, Cresco Labs’ purchase of VidaCann and CuraLeaf’s acquisition of Eureka Holdings. Source: Marijuana Business Daily’s Investor Intelligence newsletter – Emily Paxhia Managing partner at San Francisco-based Poseidon Asset Management, on the need for diversification among hemp investors. Source: Hemp Industry Daily Source: Marijuana Business Daily International