The inefficient use of capital: breadth versus depth in cannabis M&A
Steve Miles, Sharp's Co-Founder & CEO, was interviewed by Elliot Lane during the October 2021 Benzinga Capital Conference.
Steve Miles, Sharp's Co-Founder & CEO, was interviewed by Elliot Lane during the October 2021 Benzinga Capital Conference. The two discuss the state of the cannabis M&A market, and Steve discusses his belief that a company's success should not be exclusively defined as selling to a larger MSO.
Questions asked and answered include:
- How is the operational performance of companies is being reflected or not being reflected in the stocks right now in the public markets of the cannabis industry
- Is it the best move for a large private SSO to look at the public markets right now?
- Where can success be seen in the private markets right now?
- What successful business models should there be more of?
- What other markets are catching your eye right now? What states should we focus on?