PepsiCo on Tuesday has said they will start to take a critical look at investing in Cannabis. This comes just weeks after Coca-Cola came out that they were in talks with Aurora Cannabis. Is there enough opportunity to go around? Also, Canada cannabis goes legal in two weeks – what are the major differences between Canada and the U.S. for barriers to entry.
Paul Rosen (clips below), one of the top experts in Cannabis investing, is available for interviews. He is currently the CEO of Tidal Royalty, a company thatinvests in U.S.-based cannabis companies and Co-Founder/Former President & CEO of the Cronos Group, arguably one of the most well known publicly (NASDAQ) traded cannabis investment firms with a $1.072 Billion market cap.
STORIES ON PAUL’S RADAR:
The U.S. vs Canada – How the cannabis industry differs between the two countries.
What to expect after Canada goes legal?
The real investment opportunity in Cannabis will be in the U.S. – he says that “We are entering an interesting period where Canada as a whole is legalizing cannabis on October 17 and you’re seeing a lot of excitement around this. You can only think that the U.S. will follow, it may not be until 2020 but it will happen.”
Investment needed to build the industry – Paul believes that the U.S. will need at least $300 Billion in investment into the industry to keep up with the demand over the next few years.
Barriers to entry for businesses outside of cannabis.
The upside for beverage giants? Are there enough opportunities to go around?
Please let me know if you’re interested in speaking with Paul. Angela Gorman – 917.348.0083
ABOUT TIDAL ROYALTY: Recently listed in June on the CSE, is poised to take on the massive U.S. cannabis market. The Tidal team has built, led and advised some of the most iconic cannabis businesses in Canada and across the world including Khalifa Kush, iAnthus, BreakWater Venture Capital, Tokyo Smoke, Sail Cannabis, Canopy Growth, Weedmd, CannaVida, RockGarden and more.
About Paul Rosen:
Paul Rosen, CEO and Chairman of Tidal Royalty, is a noted career entrepreneur and management consultant. Over the last 5 years, he has become one of the world’s most active and diversified investors in the emerging cannabis industry. He is the founder and Managing Director of BreakWater Venture Capital, a private venture capital fund and advisory based in Toronto.Paul Rosen was a co-founder of The Cronos Group (CRON:NASDAQ, CRON.V), and served as President and CEO for three years. Paul sits on the Board and chairs the Audit Committee of iAnthus Capital Holdings (IAN.C), a publicly-traded New York based investment bank. Paul also sits on the Board of Hill Street Beverages, and advises several companies across multiple industries. His media appearance include BNN-Bloomberg, The Economist, The Financial Post, Vice Media, and others. He has also been a keynote speaker at dozens of industry events, including The Marijuana Business Expo (Las Vegas), CannaTech (London), and the World Cannabis Congress. Paulis a member of the Law Society of Upper Canada, and received a B.A. in Economics from Western University in 1985 and an LL.B. from the University of Toronto in 1988.
Tidal has raised C$40 million in capital so far, management has visibility through its deal pipeline to deploy $1 billion into the regulated cannabis industry over the next 2 to 3 years.
Tidal Royalty current deals include:
In CA, a $10million cultivation and manufacturing facility, expected online in 2019
In Nevada, a $20 million cultivation and manufacturing facility, expected online in 2019
In Florida, a $25 million build out of cultivation and retail locations, expected online this year
In MA, a $12.5 million vertically integrated facilities, expected online in 2019
In Illinois – a $15 million expansion on vertically integrated assets, expected online end of this year