TRSSF - Major Capital Market Crisis In Cannabis Industry? Here's What TerrAscend's Jason Wild Says | Benzinga
"The environment is bad… The [cannabis] industry is truly in a major storm," said Jason Wild, executive chairman of TerrAscend Corp (OTC: TRSSF) at the Benzinga Cannabis Capital Conference in Miami.
As challenges continue to permeate the capital markets, leading industry figures weigh in on the current financial landscape and its ramifications for businesses in the cannabis sector. At the conference, the state of the industry and its future outlook took center stage.
Want to know more? Wild will be sharing more of his insights as a keynote speaker at the Benzinga Conference in Chicago. Mark your calendar for September 27-28.
Related Content: Environment In The Cannabis Industry Is So Bad, It's Good, Says Jason Wild Of TerrAscend
Capital Markets Dry Up, Yet Resilient Firms Find Silver Linings
"The environment is bad as most of you probably know, the capital markets have mostly dried up," pointed out Wild, painting a concerning picture of the capital market scenario, highlighting the drying up of resources for many enterprises.
However, Wild also outlined a silver lining for firms that have effectively navigated these challenges.