American Green Inc., a maker of cannabis products, is taking an unusual step to attract new customers as it capitalizes on California legalizing marijuana: It’s buying an entire town.
Tag Archives: Electrum Partners
NEW YORK, Sept. 21, 2016 /Weed Wire/ — The Cannabis and Hemp Association —New York City’s leading voice for cannabis and hemp advocacy and industry—opens its first chapter outside of the five boroughs, in Albany, NY, on Thursday, October 6, 2016, from 7-9 p.m., at Overit Studios at 435 New Scotland Ave in Albany.
Legalization of recreational weed would generate an estimated $1 billion in additional taxes per year.
On Feb. 3, 2016, the CNBC series The Pulse @ 1 Market released its interview with Leslie Bocskor, CEO of Electrum Partners, as a part of Althea Chang’s article, “Tech start-ups hope for marijuana sales growth.”
The ArcView Group, one of the best known investment groups focusing on marijuana investments in the United States, has named Leslie Bocskor, the CEO of Electrum Partners as its “Outstanding Investor Member” of 2015.
It is hard to underestimate the impact of the passage of Assembly Bill 243, Assembly Bill 266 and Senate Bill 643, the new troika of legislative efforts which finally creates the first regulatory framework for the state medical industry since it technically became legal in 1996.
The question now is, particularly for those driven by making money and making an impact, where should an investor’s capital be placed to generate the highest return on all fronts?
When it comes to all things cannabis, there have been a couple of surprises of late on the East Coast, despite or perhaps because of the prevailing winds of regulation and legalization in California.
While enormous fanfare currently surrounds hot and developing marijuana markets already in play, like Oregon, Nevada, New York and California, East-coaster Maryland has begun to come into its own a bit more quietly.
Nevada is one of the most interesting medical markets in the country right now. The state is still refining the rules of what will be the first real national medical marijuana mecca.
As the crowds die down and the tourists begin to dwindle in Denver, the power players of the marijuana industry have been working hard at the Marijuana Investor Summit, networking, educating, and building a better industry. Even though day one was massively successful, day two had no trouble exceeding expectations in both breadth and scope.
The pitch meeting is perhaps one of the most intriguing environments for private investments to take place because it forces creators to face kings of capital, where an array of interpersonal interactions can make or break a deal.
As a state embraces recreational marijuana, is the prescription-driven medical marijuana industry destined to wither and die? Or does the medical marijuana industry have its own distinct role to play, in a way that may give the host state two parallel but distinct markets for years to come?
Electrum Partners’ Leslie Bocskor along with his partner Gordon Katz have filed paperwork with the SEC to launch a cannabis-related hedge fund. Placement agents are aiming to raise $25 million.
Leslie Bocskor has big plans and they focus on people using pot.