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Wednesday, 06/14/2017 11:45:25 AM

Wednesday, June 14, 2017 11:45:25 AM

Post# of 13032
Q&A: Wall Street veteran bullish on cannabis
with iAnthus Capital’s Hadley Ford
https://mjbizdaily.com/wall-street-vet-bullish-cannabis-qa-ianthus-capital-ceo-hadley-ford/

"Will we see more investments, say, a year from now?

Long term, about five years, the market is going to look a lot more open. There will be a lot more sources of capital. Cannabis may have been de-scheduled by then, and you’ll have a lot more comfort on the private investment side.

Over the next 12 months, I would think capital is still going to be pretty tight.

The U.S. markets are three years behind the Canadian from capital formation. Canada, you can go raise public money successfully. I would expect in the next three years for the U.S. market to look more like the Canadian market. But the next year will be more of the same.
"
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