Cannabis in the Midwest – The Green Belt: A Webinar Examines What To Expect
When: July 14, 2021 at 12:00 p.m. – 1:00 p.m. PT / 2:00 p.m. – 3:00 p.m. CT
Cannabis in the Midwest is expected to grow at a breakneck pace in what is widely considered to be one of the hottest markets over the next 12-18 months. A market in which operators juggle complex regulatory, operational and financial obstacles. These industry players seek to make sense of the uncertainties that will undoubtedly come with the next evolution of cannabis in the Midwest, while focusing on short and long term profitability, fundamental strength and expansion.
This free webinar will provide financial strategies, regulatory updates and unique market insights into the Midwestern cannabis industry. In our 45-minute panel (followed by a 15-minute Q&A), a panel of industry experts will provide insight into the Midwestern cannabis landscape, discuss market trends, and share key considerations for successful growth. .
- How Chicago became a cannabis capital and what makes the MidWest special?
- Market trends and recent regulatory developments
- Data-driven insights and consumer behavior
- Key financial considerations in optimizing operational strategies
- What will US legalization, interstate commerce, and legal import / export mean for the Midwest?
- Sarah McGuire, Partner, MGO
- Jessica Lukas, Senior Vice President of Business Development, BDSA
- Eric Berlin, partner, Dentons
Moderated by Javier Hasse, CEO of Benzinga Cannabis and CEO of El Planteo.
We invite you to register here.
According to Lukas, 72% of adults in the Midwest are either current cannabis users or open to cannabis use.
The BDSA predicts that legal sales in the Midwest will be around $ 3 billion this year, rising to around $ 6 billion in 2026, when they will represent 15% of total legal cannabis sales in the United States.
She adds that Michigan and Illinois are and will remain the “powerful” states of the Midwest, in the top 10 states for legal cannabis sales until 2026.
McGuire continues: MGO is seeing a growing number of Midwest clients preparing for M&A activity. However, she notes that “acquirers are more selective in their targets and strive to focus on greater efficiency by strengthening their presence in their core geographic footprint.”
Finally, Berlin stresses that the Midwest is of crucial importance for cannabis.
“It contains two major states of adult use, and Chicago is the headquarters and roots of many of the nation’s largest MSOs, including GTI (OTC: GTBIF), Cresco (OTC: CRLBF), Verano (OTC: OTC: VRNOF), Columbia Care (OTC: CCHWF), Pharmacann and Grassroots – now Curaleaf (OTC: CURLF), ”he says.
“I want everyone to understand how Chicago became the Silicon Valley of cannabis and the future of cannabis in the Midwest,” he concludes.
About MGO LLP
One of the top 100 CPA firms in the country, MGO has provided reliable accounting and consulting services to many leading public companies, private companies and government agencies for 30 years. MGO was one of the first national accounting firms to develop and provide targeted accounting and consulting services to the cannabis and hemp industries. Today, MGO offers cutting-edge experience and a suite of proven solutions to help operators, regulators and institutional investors navigate the complexities of the cannabis and hemp industries. For more information, visit MGO.
What is Benzinga.com? Benzinga is a content ecosystem that makes it easy to consume information. Our mission is to connect the world with the news, data and education that facilitate the path to financial prosperity for everyone, every day. From breakouts to unusual volumes, analysts’ ratings, futures and options, Benzinga is the leading full-service one-stop-shop for investors of all backgrounds and styles.
BDSA helps companies improve revenues, reduce innovation risks, and prioritize market expansion through accurate and actionable cannabis market insights, consumer research, and strategic advice. The company provides a holistic understanding of the cannabis market by generating insights from point-of-sale data, consumption studies, and market-wide industry projections. Retailers, manufacturers, brands, wholesalers and investors can now make better strategic decisions that drive profitability, increase revenue and market share, and reduce expenses. BDSA is headquartered in Boulder, Colorado. To learn more, please visit bdsa.com.
Dentons is the world’s largest law firm, connecting top talent to the challenges and opportunities of the world with 20,000 professionals, including 12,000 lawyers, in over 200 locations, in over 80 countries. Dentons’ multidisciplinary cannabis team provides vital expertise and knowledge to help business owners and stakeholders seize any opportunity and overcome any challenge. Our capabilities and experience are second to none, from providing strategic legal advice and ongoing regulatory compliance, to advice on entity formation and corporate governance, to advice to companies from start-up to start-up. ‘Initial Public Offering. For more information about Dentons, please visit https://www.dentons.com.
About El Planteo
El Planteo is a medium focused on green and youth issues such as cannabis, hemp, psychedelics, music, ecology, cryptocurrencies, gender and sexuality issues, etc. Our content has frequent economic or financial angles.
El Planteo is funded by Benzinga, a dynamic and innovative Detroit-based financial medium that provides unique, high-quality content for investors coveted by top Wall Street traders.