Investor Intelligence Conference Passholder Day Forum
Included with your MJBizCon paid ticket, stream any or all of the sessions from the Investor Intelligence Conference. Your takeaways will include:
- Understanding of new regulatory implications for investing in cannabis
- Applicable lessons learned from the dotcom era
- Post U.S. election opportunities
If you are an investor, curious about the financial workings of the cannabis industry, or seeking investment, these sessions will help you. See full Forum session details below.
Meet the Investor Intelligence Conference Speakers
Investor Intelligence Conference Session Details
(Note: All sessions are available on-demand now for paid MJBizCon ticket holders)
Welcome and Investing Updates
Quarantines, travel restrictions and high unemployment coupled with a correction and then all-time highs on Wall Street has made for quite the year in investing. For cannabis the declines that began in 2019 continued for many, while others were able to course correct and come out ahead.?In this session, you will learn:
- How the long-term cannabis investment thesis has and hasn’t changed.
- Trends that have emerged in cannabis investing since last year’s IIC.
- Which characteristics and trends have driven investment success.
Survival of the Fittest: Lessons from the Dotcom Era
What can cannabis investors in 2020 learn from the tech bubble 1997-2003? The investment fervor drove both to peaks followed by precipitous declines and washouts. Since the 2003 tech-bubble burst, tech giants such as Amazon and Google have dominated that industry. Who will be the next cannabis giant? Hear from an investor who navigated the tech investing maze and what they recommend for cannabis. In this session, you will learn:
- How to identify green lights and red flags when investing in early-stage growing industries.
- Where the cannabis and tech industries differ and the analogy breaks down.
- Characteristics of more promising long-term investments.
The New Regulatory Implications for Investing in Cannabis
The U.S. election was just last week. What do the results, at both the state and federal levels, mean for the cannabis investing landscape? What new opportunities have been created by regulatory changes? In this session, you will learn:
- Impacts of ballot initiatives and state legalization efforts.
- Early insights from changes in Congress and the Administration.
- Outlooks for existing federal legislation (e.g., SAFE, STATES, MORE) and the potential for new?legislation
U.S. Executive Panel: Post-Election Breakdown
Executives of U.S. cannabis operators share their on-the-ground reactions to the election, COVID-19 and industry trends. In this session, you will learn:
- Results of new tactics in response to the COVID-19 pandemic.
- How the election results might affect business strategies.
- Strategies and the outlook for 2021.
Canadian Executive Panel: Market Trends and Opportunities
Executives of Canadian operators share their views of trends in the Canadian market and global markets, as well as the implications of the elections in the United States. In this session, you will learn:
- How the U.S. election affects strategies for expansion.
- Updates on supply and demand trends and distribution opportunities in the Canadian market.
- How Cannabis 2.0 (edible and vape) is progressing.
Looking at the Numbers: EBITDA, Operating Profits, and What You Need to Know
As the industry shifts toward profitability, valuations increasingly will be based on EBITDA instead of revenue. However, definitions of EBITDA vary widely, and there can be significant differences between EBITDA and cash generation. In this session, you will learn:
- How to navigate and adjust cannabis financial statements.
- How to judge common adjustments cannabis companies make for “adjusted EBITDA”
- How EBITDA is reduced by sale-leasebacks and to judge the leverage from leasebacks and debt
- The impact of 280E on cash taxes and cash generation
Lightning Round: Market Updates for U.S., Canada, Latin America and Europe
The markets are constantly changing, but this session will include snapshots of the four major cannabis markets around the world – US, Canada, Latin America, and Europe. Each five-minute update will delve into the major trends, opportunities, and potential changes. In this session, you will learn:
- Which markets are doing well and which ones are struggling.
- How a global pandemic and subsequent economic downturn have affected the cannabis industry across the markets.
- Where opportunities are rising.
More about MJBizCon 2020
The biggest, oldest and most famous cannabis business conference in the world, MJBizCon has produced by the editors of MJBizDaily, Hemp Industry Daily and MJBizDaily International since 2012.
Thousands are expected to attend the 2020 show, produced entirely online November 2-December 4th. The show will feature:
- 4 Market Forums & Roundtables
- An Investor Intelligence Forum
- A Science Symposium
- A Hemp & CBD Industry Forum
as well as its main sessions, full vendor showcase and networking events.
This year’s keynote is by John Mackey, CEO and cofounder of Whole Foods.
For more details, click here.