Dear Startup Investor,
If you read our free e-letter, Early Investing, you know that I’m bullish on the legal cannabis industry.
What we’re seeing today is a rare opportunity that comes along only every few decades.
The illegal marijuana market is estimated to be around $50 billion per year in the U.S. alone. That’s nearly the size of the $85 billion alcohol market.
Now that states across the U.S. are legalizing this formerly banned drug, the industry is wide open.
On that note, I wanted to let readers know about two upcoming marijuana investment conferences.
- New York: September 29, 2016
- Toronto: October 18, 2016
I will most likely be attending the one in New York.
These events are being put on by a group called Kahner Global, run by Noa Kahner. Noa has put together a very impressive lineup of speakers and companies that will be pitching attendees.
One of the startups that will be there is called Phylos Bioscience. It’s mapping the DNA of various cannabis strains and making tools for breeders and growers.
I’ve been speaking with Phylos for a while and recommended it to the folks running the pitch event.
Accredited investors who are interested in participating should contact Noa Kahner at info@kahnerglobal.com.
You can view the schedules and more details at www.cannabrunch.net.
Good investing,
Adam Sharp
P.S. We’ll have an update on our next pre-IPO fund soon. The minimum is $10,000, and that will get you equity in approximately eight to 12 fast-growing, late-stage private companies.
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