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#Cannabis Podcast Interview with
Start-up Winner from #Arcview Investor Forum; Best in Grow
Andrew Duffy, CEO of Best in Grow Talks about Path from Harvard Graduate
to Finance and then to Cannabis Sector and Why He Loves It ; @bestingrow
Pt. Roberts, WA; Delta, BC – May 14, 2018
(Investorideas.com Newswire) www.Investorideas.com, a global news source
covering leading sectors including marijuana and hemp stocks, releases an
exclusive podcastdiscussion with Andrew Duffy, CEO of Best in Grow https://bestingrow.co/, the start-up winner of the Investor Pitch session
at the recently held Arcview Investor Forum in
Vancouver B.C.
The Arcview Group’s Investor Pitch Forum, held at
the Westin Bayshore in Vancouver, Canada from April 30th to May 2nd, brought
together over 200 high-net investors with cannabis thought leaders and
companies at the forefront of the cannabis sector.
Andrew Duffy, CEO of Best in Grow tells Investor
ideas, “Jake my co-founder and I became fast friends in our sophomore year at
Harvard University where I was studying Behavioral Economics and Jake was
studying Public Policy and Social Psychology. We graduated in 2016 and as most
wayward Harvard Graduates do, we ended up in finance. I was in big hedge fund
and he was in private equity. “
Talking about its beginnings he says, “We got tired
of that pretty quickly so we decided to move out to Colorado toget into the nascent cannabis space for all
the opportunities it offered and the incredible growth we were seeing. We
started Best in Grow with a mission that was pretty simple; helping cannabis
brands make better products and helping dispensaries pick the right products to
sell. We do that by aggregating feedback from the industry stakeholders; most
importantly the budtenders.”
Best in Grow is consolidating the highest quality
knowledge, expertise, and advice from the most knowledgeable people in the
industry and puts it in the hands of those who need it most.
Founded in 2010, The Arcview Group is responsible for a
number of groundbreaking ventures in the cannabis industry. The Arcview
Investor Network includes more than 600 accredited investors who have put more
than $160 million behind 170+ companies. Arcview Market Research publishes the
State of Legal Marijuana Markets report, which is the most oft-cited market
data report. In 2015 Arcview became a partner in Canopy, the first seed-stage
mentor-driven business accelerator. Arcview is also co-founder of Cannasure
Insurance Services, the leading provider of business insurance to the cannabis
industry.
Arcview Group is listed on the 420
directory at Investorideas.com
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Original content created by investorideas is protected by copyright laws other
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or sale of stocks, services or products. Nothing on our sites should be
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All investment involves risk and possible loss of investment. This site is
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followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure Arcview is
on the 420 directory – read more at www.420cannabisinvestorideas.com
Additional info
regarding BC Residents and global Investors: Effective September 15 2008 - all
BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.Global investors must adhere to regulations
of each country.
Investor
Ideas Podcast with Mike Gorenstein, CEO of Cronos Group (NASDAQ: $CRON, TSX-V:
$CRON.V) Talking #Cannabis at #Arcview Investor Forum
Evolution of the Cannabis
industry and why Israel is number one
Pt. Roberts, WA; Delta, BC – May 11, 2018
(Investorideas.com Newswire) www.Investorideas.com, a global news source
covering leading sectors including marijuana and hemp stocks, releases an
exclusive podcastinterview with Mike
Gorenstein, CEO of Cronos Group Inc. (NASDAQ: CRON, TSX-V: CRON).
Mike Gorenstein was at the Arcview Group Investor Pitch
Forum, at the Westin Bayshore in Vancouver, Canada from April 30th to May 2nd.
The forum brought together over 200 high-net investors with cannabis thought
leaders and companies at the forefront of the new space. Cronos was a
significant presence at the event, being the first Nasdaq-listed cannabis
company.
Hear
the full podcast: Mike Gorenstein of (NASDAQ:CRON) –Evolution of the Cannabis
industry and why Israel is still number one
A key topic at the event was the merit of treating
cannabis primarily an agricultural product or as a consumer good. Gorenstein
said that other countries, such as Colombia, are better suited for the
agricultural side as they have a more ideal climate and are more cost
effective.
“It’s an agricultural product and if you look at where
it makes sense to grow the product, climate does matter, labour costs matter
and with Colombia you will have a massive cost advantage,” he said.
Gorenstein outlined the analogous behaviour in other
markets.
“When you think of Apple, they don’t make their iPhones
in California,” he said. “If you want to be cost competitive and you still want
to get a high quality product to a consumer at a reasonable price, it is going
to be important to take advantage of different structural pros and cons of
countries and in Colombia and Latin America there is always going to be a very
strong built-in advantage based off climate.”
This complemented Cronos Group’s production and
distribution operations in Israel, which Gorenstein explained the advantages
of.
“The most important factor was the opportunities for
research and development and technology,” he said. “What ultimately will
separate the winners from the, we’ll call them not-winners, is going to be
technology and innovation. Israel’s been by far the leader in cannabis research
for decades. So for us, putting our own operation in Israel, being able to get
access to all that historical talent, knowledge and experience is huge.”
Gorenstein contrasted the cannabis landscape of Israel
with those of Canada and the United States, with Israel’s historically more
academic grounding in the sector.
“It’s very interesting because in the U.S. and Canada
you see a black market and a grey market that’ve been around for years and have
a commercial system that’s now trying to evolve and move into this legal
framework,” he said. “In Israel you actually have a bunch of scientists and
professors and that’s been the market in Israel, it’s all been research. And
now they’re trying to figure out how to become commercial.”
About
Investorideas.com - News that Inspires Big Ideas
Investorideas.com is a meeting place for global
investors, featuring news, stock directories, video, company profiles,
interviews and more in leading sectors.
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles
and equity research as well as creates original content, including video,
interviews and articles. Original content created by investorideas is protected
by copyright laws other than syndication rights. Our site does not make recommendations
for purchases or sale of stocks, services or products. Nothing on our sites
should be construed as an offer or solicitation to buy or sell products or
securities. All investment involves risk and possible loss of investment. This
site is currently compensated for news publication and distribution, social
media and marketing, content creation and more. Contact each company directly
regarding content and press release questions. Disclosure is posted for each
compensated news release, content published /created if required but otherwise
the news was not compensated for and was published for the sole interest of our
readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Additional info regarding BC Residents and global Investors: Effective
September 15 2008 - all BC investors should review all OTC and Pink sheet
listed companies for adherence in new disclosure filings and filing appropriate
documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.Global investors must adhere to regulations
of each country.
“Currently the really exciting places are the British Medical Cannabis Market and the German recreational-medical market,”
Pt. Roberts, WA; Delta, BC - May 10, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks, releases an exclusive podcast discussion with Sean McCabe, Director of Business Development for Electrum, at the recently held Arcview Investor Forum in Vancouver B.C.
The Arcview Group's Investor Pitch Forum, held at the Westin Bayshore in Vancouver, Canada from April 30th to May 2nd, brought together over 200 high-net investors with cannabis thought leaders and companies at the forefront of the new space. Electrum Partners, LLC, who provide advisory and consulting services in the legal cannabis industry were a notable presence at the forum.
Sean McCabe, Director of Business Development for Electrum, said that while the cannabis market is lively in the U.S., markets like Canada could have a head start with regard to international export.
Sean McCabe from Electrum Partners: Everything you need to know about the Cannabis sector in under ten minutes
"The market in the United States is blowing up," he said. "The U.S. is the largest cannabis market in the world and is now the largest producer of marijuana."
"You're going to see a rush to international markets and America is actually going to be behind on those markets because there's nowhere that you can legally export from the United States until federal legalization happens," he said. "So Canada is going to be on the forefront of that."
McCabe noted the enthusiasm for medical markets in Europe and how that facilitates growth opportunities in places like Macedonia.
"Currently the really exciting places are the British Medical Market and the German recreational-medical market," he said. "And there's lots of other recreational markets coming on in the EU. Currently they don't grow their own cannabis, so Macedonia and the ex-chief of the secret police of Macedonia are actually printing money supplying the British and the German medical markets right now. Jamaica is about to come in and compete with that for international export and Canada is about to compete for international export."
Bringing it back to the U.S. market, McCabe talked about Electrum's newest venture to help fund businesses in the sector. McCabe outlined the need for an ancillary debt fund to inject capital into the infrastructure side of the cannabis industry.
"A thing that we're most excited about is our ancillary debt fund that we're putting together as part of Electrum Capital Management-our upcoming fund company," he said. "Nutrient systems, lighting systems, brick and mortar storefronts, real estate leasing, anything that doesn't touch the plant-that costs $820 million USD for infrastructure so far. No one can get a loan from a bank, no one can get a mortgage. That market's going to continue to grow and there's going to be $25 billion USD just for infrastructure. So if you can start a fund, and you can be that syphon through which that capital meets that infrastructure then everyone's going to have a merry Christmas."
About Investorideas.com - News that Inspires Big Ideas
Investorideas.com is a meeting place for global investors, featuring news, stock directories, video, company profiles, interviews and more in leading sectors.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure Electrum is on the 420 directory - read more at www.420cannabisinvestorideas.com
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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