“Wall Street is way ahead of Congress in embracing the rapidly expanding cannabis industry,” according to Scott Hammon, COO of the MGO | ELLO Alliance. A cannabis-focused accounting and advisory alliance, MGO | ELLO has released the inaugural Cannabis Private Investment Review. Co-sponsored by MAZAKALI, Fox Rothschild and Poseidon Asset Management and powered by PitchBook Data, the review takes a deep dive into all things cannabis, including venture capital trends and valuations, private equity activity and massive consolidation efforts via M&A transactions.
The cannabis industry is expected to grow by the tens of billions in terms of total market size over the next decade. Cannabis presents a unique growth opportunity, and some industry observers have more questions than answers. Gleaning dozens of insights from industry experts, the Cannabis Private Market Review series will shine a spotlight on the most pressing issues and trends facing the industry today.
Future editions will feature analyses on hemp and CBD, as well as in-depth breakdowns on sectors that “touch the plant,” regional breakouts and many more topics. To download the inaugural report, click here.
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