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The inefficient use of capital: breadth versus depth in cannabis M&A

November 5, 2021

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:

  1. 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
  2. Is it the best move for a large private SSO to look at the public markets right now?
  3. Where can success be seen in the private markets right now?
  4. What successful business models should there be more of?
  5. What other markets are catching your eye right now? What states should we focus on?

Click here to watch or listen to the full interview.

Authors:
Rebecca Hawkinson
Colin Campbell
Tom Lesch