Los Angeles Cannabis Summit - Multiple Panels

June 13 2019, 1:30 PM - 7:00 PM PDT Buchalter, 1000 Wilshire Blvd, Suite 1500, Los Angeles, CA, 90017

Date
Thursday, June 13th
at
1:30 PM PDT
Location

Buchalter
1000 Wilshire Blvd
Suite 1500
Los Angeles, CA, 90017

Cost

late registration: $495
This event is free for Chicago Private Equity Chapter, Los Angeles Private Equity Chapter, Los Angeles Real Estate Chapter, NYC Private Equity Chapter, National Chapter, Gold, Corporate, and Presidents Club members.

About

Panel Topics:

  1. How Should Cannabis and Hemp Companies Be Valued?
  2. Real Estate Investment Opportunities in Cannabis
  3. State of the Cannabis Industry – Legal and Business Issues Facing the Industry

Times:

  • 1:30 PM – 2:00 PM: Registration
  • 2:00 PM – 3:00 PM: Panel #1
  • 3:00 PM – 4:00 PM: Panel #2
  • 4:00 PM – 5:00 PM: Panel #3
  • 5:00 PM – 7:00 PM: Cocktail Reception

Summaries:

Panel 1 Topic: How Should Cannabis and Hemp Companies Be Valued? 

Summary: 
Changing laws are about to open the floodgates for M&A activity in the cannabis and hemp sectors. The Colorado bill, CO HB19-1090, will pave the way for publicly held companies to invest in, and own, Colorado-based licensed marijuana businesses. At the Federal level, hemp is now legal in all 50 states. 32 states and the District of Columbia have some form of legalized marijuana. Other states will soon follow. Moreover, there’s substantial legislative efforts to move cannabis out of Schedule 1 status. That new status for cannabis will likely take cannabis-related revenues out of the shadows, allowing cannabis companies to work with traditional banks. With the mainstreaming of cannabis and hemp, private equity groups, family offices, private investors, and publicly held companies have all taken note of this high-growth industry. But, as with any nascent sector, there is a glaring question: How should cannabis and hemp companies be valued for strategic investment or acquisition? 

Moderator:  
John Wagner, Managing Director at 1stWest Mergers & Acquisitions 

Panelists:  
Peter Rosenberg, Partner at Merida Capital Partners
Jeff Kendig, Managing Partner at Bravos Capital 

Panel 2 Topic: Real Estate Investment Opportunities in Cannabis

Summary:
RE Investment Opportunities in Cannabis will focus on investing indirectly in cannabis through real estate. While conventional banks are staying clear of cannabis properties there are several different financing options for cannabis real estate available. The panel will discuss typical deal structures, financing available for cannabis real estate, sale leaseback opportunities and joint ventures. The panelists are active purchasers and/or financiers of cannabis real estate and will provide a unique perspective from being active dealmakers in the market.

Moderator:  
Nate Whigham, President at EN Capital 

Panelists: 
Noah Streit, President at Streit Lending 
Erik Murray, Managing Partner at Oak Investment Funds
Rob Sechrist, President at Pelorus Equity Group 
David Hitchcock, Shareholder at Buchalter

Panel 3 Topic: State of the Cannabis Industry – Legal and Business Issues Facing the Industry

Summary:
This panel will discuss the legal and business issues surrounding the constantly evolving cannabis industry in California. We will analyze the newly minted permanent regulations issued by the BCC, federal and state legislative and tax issues, and how the newly licensed economy is grappling with increased regulation and enforcement. Join us as we take a deep dive into these issues and much more. 

Moderator:  
Oren Bitan, Shareholder at Buchalter  

Panelists: 
Joe Franciskovich, CFO at Old Pal  
Richard Ormond, Shareholder at Buchalter
Nishant Reddy, Co-founder and Managing Partner at Satya Capital
Laurie Holcolmb, CEO at Gold Flora, LLC and President and Founder at BlackStar Financial

Pricing: (includes entry to all panels and cocktail reception)

  • Opus Connect Members: No Charge
  • Non-Members (On or before June 8th): $395
  • Non-Members (On or after June 9th): $495


By Invitation Only

Opus Connect is a membership-based organization.
If you have any queries, please contact lena@opusconnect.com   
*Opus Connect adheres to a strict no cancellations, no refunds, no application of registration fees to future events policy.   
Qualified substitutions are accepted. To send a substitute, please notify lena@opusconnect.com   
**Opus Connect reserves the right to refuse entry to prospective attendees 

Moderators

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John Wagner
1stWest Mergers & Acquisitions
Managing Director
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Nate Whigham
EN Capital LLC
President
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Oren Bitan
Buchalter
Shareholder

Panelists

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David Hitchcock
Buchalter
Shareholder
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Jeff Kendig
Bravos Capital
Managing Partner
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Joe Franciskovich
OId Pal
CFO
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Laurie Holcomb
Gold Flora, LLC & BlackStar Industrial Properties, LLC
Founder
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Nishant Reddy
Satya Capital
Co- founder & Managing Partner
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Noah Streit
Streit Lending
President
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Peter Rosenberg
Merida Capital Partners
Partner
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Rob Sechrist
Pelorus Equity Group
Co-founding President

Agenda

June 13th
1:30 PM Regsitration
2:00 PM Panel 1: How Should Cannabis and Hemp Companies Be Valued?
3:00 PM Panel 2: Real Estate Investment Opportunities in Cannabis
4:00 PM Panel 3: State of the Cannabis Industry – Legal and Business Issues Facing the Industry
5:00 PM Cocktail Reception
7:00 PM End

Sponsors

Event Over
This event has concluded.