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Source: Marijuana Moment
As cannabis becomes more mainstream, companies in the pharmaceutical, consumer packaged-goods, alcohol, and tobacco spaces are going to want in, according to venture capitalists focused on the cannabis industry.
That could mean more capital for the cannabis industry, which is still being funded in large part by family offices and cannabis-focused venture-capitalist firms, because mainstream investors are reluctant to touch an industry selling a product that is still federally illegal.
Those investments might also lead to further normalization of the industry, which, in turn, could potentially create a push for more regulatory reform.
Insider talked to 14 top cannabis VCs who collectively invested $925.8 million into the industry in 2021 to ask them about what we should expect over the next year. Two of them told us that they predict a rise in mainstream companies making deals with cannabis businesses.
“We expect to see several high-profile strategic transactions from non-cannabis companies looking to enter the space,” Jason Wild, the president and chief investment officer of JW Asset Management, told Insider. The firm invested $22.5 million into private cannabis companies in 2021, across 11 deals.
Several others said they expected more institutional capital to turn to the cannabis industry as it becomes more mainstream.
Big tobacco and alcohol firms like Altria and Constellation Brands have already made large investments into cannabis, but so far their efforts have focused on companies that operate in Canada, where marijuana is legal under federal law.
Large consumer packaged-goods companies also invested in cannabis businesses as the industry was getting off the ground in Canada, but the adult-use market there failed to meet lofty expectations.
Cannabis investments were heavily focused on the US in 2021
In recent years, much of the funding in the space has turned to the US, where cannabis companies operate under a state-by-state framework — meaning that even if they are growing and selling marijuana in accordance with state regulations, they’re still operating illegally under federal law.
In 2021, US investments made up over 85% of the total $2.7 billion invested in cannabis start-ups globally. Legalization efforts have also ramped up, as voters in states like New Jersey, New York, and Arizona have supported legislation to legalize cannabis. Big brands like Amazon have also signaled support for federal cannabis legalization.
Gregory Heyman, a managing partner at Beehouse, told Insider that in 2022 he expects big companies from the pharmaceutical, consumer packaged-goods, alcohol, and tobacco industries to make strategic investments into “plant-touching” cannabis businesses, or companies that grow and sell cannabis directly.
Beehouse invested $30 million across five private cannabis businesses in 2021 and has over $300 million in assets under management.
Companies in these other industries “are losing market share to cannabis products that offer cheaper, better, safer, more specific, and healthier alternatives favored by first-time and longtime cannabis users across every demographic,” Heyman said.
He added that investments from mature industries would futher propel normalization and legalization and encourage other institutions and individuals to invest in the space.
https://seekingalpha.com/article/4476045-10-predictions-for-us-cannabis-in-2022
Tilt is mentioned numerous times , with huge upside potential
Oh wow. I forgot I owned this stock.
Some good nuggets on this interview
Interested if we test 52 week lows?...21-ish.
Weird stuff happens late late December.
Between tax loss season and low liquidity, never know.
Have a couple stink bids in.
Ready and waiting.
Thanks, hopefully!
I feel comfortable peppering in some adds down here.
No problem adding under $100M market cap.
GL
A very wise decision on your part my fine feathered. Very wise indeed.
TILT to Participate in Upcoming Investor Conferences
11/23/21 1:55 PM ET (GlobeNewswire)Print
TILT Holdings Inc. ("TILT" or the "Company") (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced that its executive team will participate at two upcoming investor conferences in December 2021:
For more information about the conferences or to schedule a one-on-one meeting with TILT management, please contact the Company's investor relations team at investors@tiltholdings.com.
About TILT
TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 36 states in the U.S., as well as Canada, Israel, Mexico, South America and the European Union. TILT's core businesses include Jupiter Research LLC, a wholly-owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care, Inc. in Massachusetts, Standard Farms LLC in Pennsylvania, Standard Farms Ohio, LLC in Ohio, and its partnership with the Shinnecock Indian Nation in New York. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.
Adult-Use-Retail-Establishment-License./TILT-Holdings-Celebrates-Brockton-Medical-Dispensary-Grand-Opening-Receives-Final-Adult-Use-Retail-Establishment-License
I just took positions in ...
Canopy
Tilray
Verano
CRESCO, great company, super frustrating.
Yep, I got out of Cresco and Curaleaf and glad I did. Good companies, but not the right time yet.
Suspect we'll see a solid rebound across the space this winter.
Tilt will outperform others in the space, imo.
We are having two different dialogs.
HEXO
TILRAY
RED
added to CANOPY
Watching ...
VERANO
Oh I beg to differ. 4 years ago right before Canada legalized the stuff, there were a lot of crap companies that exploded in price. Companies that never made a dime that would go on the become nothing in the long run.
I believe the same effect will happen when the US gets serious about legalization. The companies with staying power will be the ones with strong fundamentals. History will repeat itself to some extent.
I am jumping back into a few Cannabis stocks. It appears ALL of the names are WASHED OUT!
Tilray
Canopy
HEXO
There are a few that I will not touch because regardless of the company fundamentals, the stock WILL NOT MOVE! See TILT and CRESCO. Might as well put COLUMBIA in there too.
The ETF MJ just set a 6 month low. This is typical of the sector. Over the last 7 years or so. Runup, fall off, runup, fall off. Money can be made if you "roll" the sector.
TILT is a weird one like CRESCO. Good company, good numbers, but s**t stock performance.
Holding up better than expected and better than most USA canna names.
Suspect it'll be one of the better runners into sept/oct.
Back to $0.50!!!
Recent funding with NO DILUTION!
Low S/S!!
Higher lows…building a base. This one has always been undervalued IMO. It will have its day. I’ve been in this since the reverse merger. The ship is as stable as can be at this point. Tilt has treated me well and I’m going to continue to hold. Great products, patents, great management, touching different parts of the industry. A great company and very safe investment IMO. More people should be aware.
New Cannabis Blackbook tomorrow $TLLTF @hedgeye ConsumablesPro Event Subscribe to listen! @HedgeyeCannabis pic.twitter.com/ydbDN2SBov
— Howard W. Penney (@HowardWPenney) August 10, 2021
You have completely turned my discussion about legalization into your discussion about politics. This is NOT the political board.
I agree many MJ companies are over valued and a lot will fail. But after watching interview after interview with the CEO, he just keeps impressing me with his knowledge and business sense. I am a big believer in him and his ability to lead this company into prosperity. If he leaves, all bets are off. Watch some of his interviews to see what I mean. You too will come away feeling like this guy gets it in a way not many other CEO's leave you feeling.
It is not "if" but "wnen."
It will probably be you that makes the most if TLLTF succeeds, and here is why:
The cannabis lift that everyone thought was coming, is not, Biden doesn't care, so more stagnation. If it doesn't happen before the 2022 midterms, its really in trouble.
At some point almost everyone agrees that the market is over valued, and long overdue for a correction. I prefer to save the remaining dry powder for if/when that happens.
I do apologize if I came off as harsh. I hope we all win.
Nice move from 0.42
Lets see who makes the most amount of money here in this position and let that be the final arbitrator of this disagreement.
You should change your name to GoStudy, as in stock market principles.
I guess that means you are back in?
Totally flying under the radar.
Are you kidding? Now is the perfect time to establish a huge position. Why wouldn't you want to buy into a successful company with more than competent leadership when it's dirt cheap. I don't get the mentality of some "investors". Buy high sell low rarely works out in the long run.
Judging from the share price reaction, it doesn't appear the news was very well received, however it was packaged. I'm glad that I did not establish a huge position, not sure where the bottom is?
A few months ago I would have cut off my left testicle to be able to buy this stock this cheap. Wishes do come true.
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