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Finance Experts Mixed on Prospects of Cannabis Capital Infusion Post-Rescheduling

Reaching consensus on hotly debated issues is rare in the cannabis space, especially when it comes to potential ramifications of cannabis rescheduling.

Some industry experts, such as cannabis hedge fund manager Patrick Rea, are optimistic that a wall of capital will flow into the sector, given the right catalyst.

Others, including banker Peter Su, remain sceptical of any sea change related to investments, given the federal government’s prohibition on marijuana.

MJBizDaily interviewed several finance experts to learn their perspectives about the likelihood a tsunami of capital will hit the industry if and when rescheduling occurs.

 

This item originally appeared on MJBizDaily. The rest of the story is available here. 

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