Interest Remains High For Investment At New Jersey Cannabis Symposium

By Stu Zakim

A crowd of over 300 Cannabis investment enthusiasts attended the second edition of the NJ Cannabis Symposium in Newark NJ last week to hear two panels discussing the financial and investment opportunities that are and will be available to people involved in the Cannabis industry in New Jersey.

The hottest topics during the networking sessions last Thursday night in Newark NJ were a combination of Governor Murphy’s efforts towards legalization of adult use cannabis and his just announced expansion of medical cannabis mixed in with a lot ofs “was that Keith Stroup,” referring to NORML’s founder who was one of the featured speakers.

keith and brian and mrs

The evening got off to a standing ovation for Stroup, who, as the night’s first speaker, took the group on a journey through his first experiences with the plant in 1965 through today, declaring his continued passion for “Smoking Weed.”   Stroup was there to also announce a new service that NORML will offer a directory of attorneys with cannabis practices beyond criminal law as the need has grown beyond that specialization.  He thanked NJCS hosts Joshua Bauchner, Ellie Siegel and Gary Rosen who brought the idea of expanding the listing to Stroup and NORML.

The panels, moderated by BSC Group CEO Brian Staffa and NJ Cannabis Insider Editor in Chief Justin Zaremba, gave the audience a very thorough overview and insights into the what a legal industry will look like, what will be required to get into it and advice.  One of the crowd pleasers was the name badges that were color coded to say if you were looking for money, investing money or just an expert networker, which made the three networking sessions so worthwhile.

nj cannabis symposiumAccording to John Perricone, CEO of SunGrown Zero, a proprietary hybrid-light cultivation facility powered by natural sunlight and with precise climate control that delivers the lowest operating costs and highest profit margins of any Cannabis facility design, said he had been to many shows through his 20 years as a cultivator and thought the show delivered very good advice and information for the NJ industry.

BSC’s Staffa added “The interest in medical expansion licensing and adult use licensing continues to escalate daily and my phone does not stop ringing! It was exciting to see such a diverse group united in their enthusiasm for this new industry.”

The NJ Cannabis Symposium was hosted by BSC Group, Ansell Grimm & Aaron, PC, Marcum LLP and Longview Strategic. Sponsors include BioTrackTHC, Gottlieb, Rackman & Reisman, PC, Wilson Safe Company, The Marijuana Business Association (MJBA) and Bridge Strategic Communications LLC.

 

Focus On Finance And Investment At NJ Cannabis Symposium March 29th

NEW JERSEY: Taxes, banking and investment will be he the focus of the second event  in NJ Cannabis Symposium Series, which returns to the NJPAC in Newark, on March 29 from 4:30-8:30pm.

Building on the success of its January program, which brought over 800 budding Cannabis entrepreneurs together to explore the Cannabis industry in NJ, the program is intended to educate those interested in preparing for cannabis business opportunities and follows a natural progression of topics relevant to NJ’s suspected timeline, spotlighting the intricacies, challenges, and opportunities associated with navigating all things finance. Doors will open at 4pm to accommodate registration.

Published panelists include:

● Al Foreman – Partner & CIO at Tuatara Capital
● Cynthia Salarizadeh – Co-founder/Chief Strategy Officer of Green Market Report
● Gary B. Rosen, CPA, CFE, CFF, CVA, CGMA – Partner, Marcum LLP
● Javier Hasse – Cannabis/Biotech Author & Journalist
● John Kagia – Executive Vice President, Industry Analytics at New Frontier Data
● Ellie O. Siegel, Esq., MBA – Founder of Longview Strategic

Justin Zaremba, editor of NJ CANNABIS INSIDER and Aaron Smith, CNN Money’s Cannabis Reporter, will moderate the two panels.

Panel discussions are set to include:

● How to prepare for a capital raise
● Structuring your cap table
● Investment Opportunities in NJ cannabis & Surrounding markets
● Targeting the right kind of funding for your business
● Determining how much capital to raise
● 280E Tax implications
● Deductions for cannabis businesses
● Banking challenges and solutions

“The fundamentals of starting a successful company are careful planning and securing the appropriate resources to get the job done,” said Ellie O. Siegel of Longview Strategic, one of the hosts of The NJ Cannabis Symposium. “Generating a business plan and financial projections can seem daunting, but cannabis requires as much or more planning than operating a start-up in other industries,” she concluded.

Gary Rosen, Partner, Marcum, LLP, said “To succeed in the cannabis business, it is imperative that owners, partners, and investors do their homework and surround themselves with qualified professionals who understand the nuances and caveats of operating in this emerging industry. The panel conversations will provide that base information.”

To facilitate meaningful conversations during the program, NJCS will release a glossary of 101-level terms in order to help level the playing field and ensure that those less familiar with financial jargon can also benefit from a higher level discussion.

Registration, which is offering Advanced Pricing of $50 off the walk-in price March 15.

The New Jersey Cannabis Symposium is being hosted by BSC Group, Ansell Grimm & Aaron, PC, Marcum LLP and Longview Strategic. Returning sponsors include Marijuana Business Association (MJBA), 420 IT Solutions, Blue Dream Vapor, Viridis Security Group and Bridge Strategic Communications LLC.

 

Pro Athletes to Discuss CTE and Cannabis At New York Trade Show & Conference

NEW YORK: A number of high profile professional athletes will discuss sports and cannabis on a panel at the upcoming Cannabis World Congress & Business Exposition (CWCBExpo) on June 16, 2016 at the Jacob K  Javits Convention Center.

According to event promoters, pro athletes from the NFL and NHL will provide frank insight on how legally using cannabis has helped them manage pain, become less reliant on prescription painkillers, and not affect their playing performance.  This thought-leadership panel “CTE, Concussions and CBD;” will feature: Charlie Adams, formerly Denver Broncos and Houston Texans; Eben Britton, NFL guard and tackle for Jacksonville Jaguars and Chicago Bears and current free agent; Riley D. Cote, former professional ice hockey player with the Philadelphia Flyers; and former Denver Broncos wide receiver Nathan Ross “Nate” Jackson.

Joining the cannabis sports discussion will be Heather Jackson, CEO of Realm of Caring, a non-profit and advocacy group that provide support services and resources to those using cannabinoid products.

“In talking to many NFL players, I have heard a reoccurring theme, and that is ‘protect the shield.’   The NFL will now have an opportunity to protect their players, and I consider that a much more valiant effort.  Research into CTE will help all neurodegenerative disorders, so a project like this is exciting to me personally and professionally,” added Ms. Jackson, of Realm of Caring.

“CTE, Concussions and CBD,” thought-leadership panel is part of the comprehensive educational agenda that is presented at CWCBExpo NY.   Conference delegates can participate in Add-On Workshops, June 15, that provide all-day education on business, career and investment fundamentals.  There will also be over 70 sessions with vetted industry experts and pioneers in the 2-day conference (June 16-17) that includes a headlining keynote speaker, the thought-leadership panels, regulatory updates, NY dispensary and includes session tracks focused on Creating Your Business, Running Your Business, High Finance, Opportunities, and Trends in High Growth Areas.  On Friday, June 17, the thought-leadership panel at CWCBExpo NY will be “Industrial Hemp: Made in America,” spotlighting this plant that can transform the agricultural and manufacturing landscape.

Featured exhibitors participating in CWCBExpo NY include Amercanex, Apeks, Cannabis Career Institute, Carp Law, Clover Leaf University, Conviron, Forever Flowering Greenhouses, Gradujuana, Helderpad, HighNY, Hiller, PC, Incredibles, International Cannabis Association, Labscape, Jane, Medicine Man, MJ Freeway, MJIC, Nexus Corporation, Potbotics, The Cannabis Co Operative, Transcend Lighting, True Leaf, and many others.  CWCBExpo NY is also partnering with leading advocacy groups, associations, and media partners including the Marijuana Business Association and MJNewsNetwork.com.

Discounted conference rates are now being offered for advance registration.  For more information on the Cannabis World Congress & Business Expo in New York, June 15-17, (CWCBExpo in NY) visit: http://www.cwcbexpo.com/new-york-expo.    For sponsoring or exhibiting information contact the CWCBExpo sales teams at sreuter@leexpos.comor click here:

Registration is Open for 3rd Annual Cannabis World Congress & Business Exposition June 15-17, 2016

NEW JERSEY: A majority of US states are poised to transition from cannabis prohibition to some form of regulated legal markets for recreational and medical cannabis this year, making the 3rd Annual Cannabis World Congress & Business Exposition (CWCBExpo) in New York a must attend event to learn about and see the latest innovations that will move the industry forward.

Taking place June 15-17, 2016, at the Jacob K. Javits Convention Center in New York, NY, CWCBExpo’s ideal Northeast location taps into the country’s’ biggest financial, media, manufacturing, entrepreneurial and healthcare markets. CWCBExpo NY will offer an unparalleled learning agenda with subject matter experts in banking, pain management, healthcare, investing, regulations, law, emerging markets, and product development fields participating.

CWCBExpo NY attendees will gain the knowledge and tools needed to succeed in this hyper growth and dynamic industry including in-depth Add-On Workshops on June 15th that cover:

  • “Open or Purchase a Cannabis Industry,” a six hour certification program offered by Clover Leaf University
  • “Cannabis Growth Capital Conference and Investor Fair,” connecting investors with leaders in the cannabis public markets as well as up and coming private companies.

A bonus Add-On Workshop will take place the day after CWCBExpo NY, Saturday, June 18, with an all-day session on “Grow a Bright Future with a Green Collar Career: Don’t Miss the ‘Green Rush’,” presented by the Cannabis Career Institute.

The Conference Program on June 16-17 includes a headlining keynote speaker, thought-leader panel discussions, regulatory updates, NY dispensary owners, and specially crafted sessions in key business tracks focused on Creating Your Business, Running Your Business, High Finance, Opportunities, and Trends in High Growth Areas, including Industrial Hemp: Made in America and a CTE, Pain Management and Concussions panels.

“There has never been a better time to start a business or grow an existing one in the legalized cannabis market.  This year is a tipping point for the industry and the CWCBExpo in New York will provide you with the best curated education, connections and products to get a competitive start and flourish,” said Dan Humiston, President of International Cannabis Association and Educational Director for CWCBExpo.

In addition to two days of full educational programming and the in-depth Add-On Workshops, CWCBExpo NY will also feature an exhibit floor (June 16-17) with suppliers in the industry showcasing cutting-edge products and services to marijuana cultivators, entrepreneurs looking to enter the market, dispensary owners, medical professionals, investors, and providers of professional services.  An Exhibitor Product Theater on the show floor will spotlight the latest products and services being introduced to the market.

An evening fundraiser, Fashion and Food on High, will offer another opportunity for networking and celebrating the industry. Taking place on Thursday, June 16th, at the Copacabana in Times Square, this special event will spotlight the growing hemp lifestyle and create awareness for advocacy groups promoting the health benefits of industrial hemp and cannabidiol extracts.

Featured exhibitors participating in CWCBExpo NY include Amercanex, Apeks, Cannabis Career Institute, Clover Leaf University, Conviron, Forever Flowering Greenhouses, Gradujuana, Helderpad, HighNY, Hiller, PC, Incredibles, International Cannabis Association, Jane, Medicine Man, MJ Freeway, MJIC, Nexus Corporation, Potbotics, The Cannabis Co Operative, Transcend Lighting, True Leaf, and many others.

CWCBExpo New York is also partnering with leading advocacy groups, associations, and media partners including Coalition for Access Now, Realm of Caring, B2B Wholesaler, Cannabis Business Times, Cannabis Enterprise, Cannabis Financial News, Cann Media-mg Magazine, Hail Mary Jane, Marijuana Business Association, Marijuana Policy Project, Marijuana Venture, and Women Grow, to name a few.

Discounted conference rates are now being offered for advance registration.  For more information on the Cannabis World Congress & Business Expo in New York (CWCBExpo in NY) visit: http://www.cwcbexpo.com/new-york-expo.    For more information on sponsoring or exhibiting contact the CWCBExpo NY sales teams at sreuter@leexpos.comor click here:  http://www.cwcbexpo.com/request-for-exhibit-information/