The U.S. legalized cannabis market is anticipated to reach $25 billion by 2021, up from $5.9 billion in 2016, with the dramatic growth coming from a combination of new states projected to legalize marijuana and sales exceeding expectations in existing markets. With 2017 Gallop poll data reporting 64% approval ratings by Americans for marijuana’s legalization, the debate is rapidly shifting from “whether” to “when and how.” ACA annual partner Foley Hoag has been watching this industry closely and will lead a discussion on the key dynamics to consider in the investment opportunities many angels will undoubtedly be seeing at an increasing velocity. Topics will include regulatory environment considerations and the scope of primary and ancillary subsector investment opportunities. Join us for what promises to be a very informative session on this rapidly growing industry.
Speakers: Patrick Connolly, Foley Hoag and Kevin Conroy, Foley Hoag