Texas: Marijuana Investment Panel To Address Billion Dollar Industry At Conference
Investment in the billion-dollar marijuana industry will be the subject of the first-ever cannabis convention taking place in Texas.
Featured financial experts scheduled to appear include Patrick Moran, CEO of AcquiFlow and founder of the first legal cannabis company in the state; Michael Blunk of the ArcView Group; Alan Brochstein founder of 420 Investor; and Brett Roper of Medicine Man Technologies.
“My co-panelists and I will share with Investors how to effectively engage in this emerging Texas industry,” said Moran, cofounder and president of the Texas Cannabis Industry Association (TCIA). “At the Southwest Cannabis Expo, we will also inform entrepreneurs on pitfalls to avoid and actions to take that will help them successfully raise capital.”
According to Blunk, director of entrepreneur relations for ArcView, sales in the cannabis industry are expected to hit $6.7 billion in 2016 after a 17 percent increase to $5.4 billion in 2015. “Investors are eager to learn more about the unique opportunity to be a part of this emerging industry at this historic time and place in history,” he said.
The groundbreaking two-day Southwest Cannabis Conference & Expo in Texas will take place from 9 a.m –6 p.m., Saturday and Sunday, February 27 and 28, 2016, at the Ft. Worth Convention Center, 1201 Houston St., in Fort Worth. Admission is $50 per day. Information and tickets are available at swccexpo.com, or by calling 1-888-729-8199.
Moran, co-founder and president of the Texas Cannabis Industry Association (TCIA), established the first open, transparent and legal Texas-based cannabis company, AcquiFlow, in 2014 after realizing that cannabis prohibition was coming to an end. AcquiFlow is an acronym for: Acquire assets. Cultivate relationships. Grow with the regulatory flow.
Accredited investors are looking for opportunities related to the cannabis plant itself as well as ancillary businesses that offer more flexibility because of state and federal regulations, according to Blunk. Lucrative investment opportunities include all industry segments such as technology, software, consumer products, and lifestyle brands.
The Texas financial panel is one of a full slate of educational discussions taking place at the event. Highlights also include a law panel, which will be led by Texas A&M Law School professor Frank. G. Snyder and TCIA Executive Director Kayla Brown (also a 3rd year law student).
A presentation by the Gridiron Cannabis Coalition featuring former NFL players will cover traumatic brain injury and cannabis.
For information, visit swccexpo.com.