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Entourage Effect Capital | Matt Hawkins | 2024 Preview

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Manage episode 393021515 series 2426484
Content provided by PodConx and Dan Humiston. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by PodConx and Dan Humiston or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

"Reshaping Cannabis: Predictions and Potentials for 2024"

Dan welcomes back Matt Hawkins, the co-founder of Entourage Effect Capital. The conversation delves into the challenges faced by the cannabis industry in 2023, marked by limited investment capital, portfolio management struggles, and fundraising difficulties, impacting both private and public sectors.

Hawkins discusses the impact of rescheduling cannabis, highlighting its potential to eliminate tax burdens under Section 280E, potentially leading to substantial financial gains for businesses. They also explore the upcoming opportunities in 2024, including the launch of a new fund by Entourage Effect Capital with a substantial institutional investor committing a significant investment, which could reshape the landscape for investing in the cannabis space. The discussion emphasizes the potential changes in legislation and the prospects for investment in both private and public cannabis companies.

The conversation ends on an optimistic note, focusing on the potential for growth and investment opportunities in the cannabis industry in the upcoming year.

Matt Hawkins - https://www.linkedin.com/in/matt-hawkins-11288a2/

Entourage Effect Capital - https://www.entourageeffect.com/

00:00:05 - EBITDA and Profitability Discussion
00:00:38 - Introduction to Raising Cannabis Capital Show
00:00:50 - Guest Introduction: Matt Hawkins
00:01:41 - Rating the Cannabis Industry Growth in 2023
00:02:11 - Investment Challenges in the Cannabis Industry
00:03:17 - Impact of the Macro Economy on Cannabis
00:04:03 - Legislative Optimism for 2024
00:04:25 - Excitement for Rescheduling and New Fund Launch
00:05:47 - Institutional Investor Involvement
00:06:45 - Impact of Rescheduling on Cannabis Businesses
00:09:08 - Investment Opportunities in Cannabis Stocks
00:09:32 - Private Company Investments and 280E
00:10:06 - Opportunities in Fund4 for Investors
00:10:49 - Accredited and Qualified Investors
00:11:00 - Timing for Investment with Institutional Partner
00:11:27 - Federal Legality and Institutional Capital
00:12:42 - Closing Remarks and Future Discussions

Produced by PodConx

MJBulls - https://podconx.com/podcasts/raising-cannabis-capital

Dan Humiston - https://www.linkedin.com/in/humiston/

Sound Design - Jamie Humiston - https://www.linkedin.com/in/jamie-humiston-91718b1b3/

Recorded on Squadcast - https://squadcast.fm/

  continue reading

397 episodes

Artwork
iconShare
 
Manage episode 393021515 series 2426484
Content provided by PodConx and Dan Humiston. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by PodConx and Dan Humiston or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

"Reshaping Cannabis: Predictions and Potentials for 2024"

Dan welcomes back Matt Hawkins, the co-founder of Entourage Effect Capital. The conversation delves into the challenges faced by the cannabis industry in 2023, marked by limited investment capital, portfolio management struggles, and fundraising difficulties, impacting both private and public sectors.

Hawkins discusses the impact of rescheduling cannabis, highlighting its potential to eliminate tax burdens under Section 280E, potentially leading to substantial financial gains for businesses. They also explore the upcoming opportunities in 2024, including the launch of a new fund by Entourage Effect Capital with a substantial institutional investor committing a significant investment, which could reshape the landscape for investing in the cannabis space. The discussion emphasizes the potential changes in legislation and the prospects for investment in both private and public cannabis companies.

The conversation ends on an optimistic note, focusing on the potential for growth and investment opportunities in the cannabis industry in the upcoming year.

Matt Hawkins - https://www.linkedin.com/in/matt-hawkins-11288a2/

Entourage Effect Capital - https://www.entourageeffect.com/

00:00:05 - EBITDA and Profitability Discussion
00:00:38 - Introduction to Raising Cannabis Capital Show
00:00:50 - Guest Introduction: Matt Hawkins
00:01:41 - Rating the Cannabis Industry Growth in 2023
00:02:11 - Investment Challenges in the Cannabis Industry
00:03:17 - Impact of the Macro Economy on Cannabis
00:04:03 - Legislative Optimism for 2024
00:04:25 - Excitement for Rescheduling and New Fund Launch
00:05:47 - Institutional Investor Involvement
00:06:45 - Impact of Rescheduling on Cannabis Businesses
00:09:08 - Investment Opportunities in Cannabis Stocks
00:09:32 - Private Company Investments and 280E
00:10:06 - Opportunities in Fund4 for Investors
00:10:49 - Accredited and Qualified Investors
00:11:00 - Timing for Investment with Institutional Partner
00:11:27 - Federal Legality and Institutional Capital
00:12:42 - Closing Remarks and Future Discussions

Produced by PodConx

MJBulls - https://podconx.com/podcasts/raising-cannabis-capital

Dan Humiston - https://www.linkedin.com/in/humiston/

Sound Design - Jamie Humiston - https://www.linkedin.com/in/jamie-humiston-91718b1b3/

Recorded on Squadcast - https://squadcast.fm/

  continue reading

397 episodes

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