HITI - Top Cannabis Diversification Secrets: Industry Leaders Reveal Strategies For Success At Benzinga Conference | Benzinga
One of the most discussed concepts in the cannabis industry is diversification—a strategy discussed in depth during a panel on the first day of the Benzinga Cannabis Capital Conference in Florida.
Moderated by Amy Rubenstein, partner at Dentons, the panel gathered industry experts to dissect what diversification means for cannabis businesses and how it can secure their growth and financial health amidst a dynamic market.
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The Essence Of Diversification
Panelist Gerald Pascarelli, SVP, Equity Research at Wedbush, emphasized the necessity of a diverse portfolio, including different delivery mechanisms, form factors, and price points. “Most companies are paying a 70% effective tax rate. When you think about where diversification or growth can ...