News

Kelowna’s new pot economy

An interesting read:   https://okanaganedge.net/2018/01/12/kelownas-new-pot-economy/ and the comment that the previously illegal industry that grew cannabis has given the Okanagan industry an advantage is  interesting.  How things change now I find myself in meetings with people who two years ago, would have been more likely to be in a 'meeting' with the RCMP!  The individuals we are busily recruiting for cannabis companies are now praised for the length of time they have been doing something that (in Canada at least) was mostly illegal.     

But I digress.  I have been meeting with cannabis companies in my area, as part of the due diligence process, and my clients have interests in licenses, facilities, square-footage, etc, for sure.  But the key thing that the institutional investors want to see is that the companies can distribute and differentiate their products.