Mon, 1 February 2021
Ep 333 - Iconic Cannabis Company Harborside Taken Over and Moving in a New, More Profitable Direction
The end of federal prohibition of cannabis is on the horizon as we enter a new, more mature phase of growth for retailers and growers.
Here to tell us more is Matt Hawkins of Harborside and Entourage Effect Capital.
Learn more at https://shopharborside.com
[1:20] An inside look at Matt’s work as Chairman of Harborside and Managing Partner of Entourage Effect Capital
[3:56] How Matt’s background in private equity has helped him make Harborside a success
[8:14] The potential for reverse takeovers in cannabis over the next few years
[11:41] Why Matt urges cannabis companies to “be more humble and get deals done”
[14:16] What would happen to the cannabis market if we eliminated 280E, a regulation that prevents cannabis companies from deducting normal business expenses
[17:15] What the new administration in DC could mean for cannabis
[18:32] Vertical integration versus specialization and which will gain more popularity as the cannabis landscape continues to shift
[23:55] Why Matt predicts the first national cannabis brand will either be in the edible or liquid categories