Ellipsis & LME Law present:
2019 Cannabis Forecast
Reside webinar Weds. two/27 @ 11am PT /2pm ET
– Development drivers in the cannabis marketplace
At the moment, two key drivers are accountable for marketplace development in California: the conversion of black-marketplace buyers to legal buyers, and the emergence of new cannabis buyers who had been previously held back by the stigma of consuming an illegal item. We will take into consideration these drivers and possible new customer profiles we see emerging in 2019.
– Item categories and altering consumption habits
New laws and regulations are building safer merchandise for buyers and thereby altering consumption habits. What are the quickest expanding marketplace segments and item categories to appear out for in 2019?
– Will California set the tone for other markets?
As the biggest cannabis marketplace in the globe, California is experiencing unprecedented development and business activity. Most Canadian firms are seeking to invest in this state especially — what can we discover from the greatest practices emerging right here and how can these lessons be applied to other states?
Steve Ernest , Ellipsis
Steve is an investor member of The Arcview Group and a mentor to Canopy Firms and a companion at Ellipsis. Steve has been an angel investor considering that 2015, and supports NCIA, MPP and SSDP. Prior to joining the cannabis business, Steve spent almost a decade in the economic capital markets across sales, investment banking, enterprise improvement, valuation, trading, client partnership management, wealth advisory and investment organizing, managing more than 600 million dollars.
Steve’s previous knowledge contains: Monetary Advisor, J.P. Morgan Securities, Underwriter, State Farm Insurance coverage and Monetary Representative, Northwestern Mutual. Steve earned B.A.s in Finance and Danger Management with a Minor in Economics from Illinois State University and at present holds Series 7, Series 66 and Series 79 licenses.
Kim Geraghty, Ellipsis
Kim is a French American entrepreneur at present residing in Los Angeles. Prior to her operate at Ellipsis, Kim founded and led Madame Munchie, California’s award-winning luxury edibles brand featured in Meals & Wine, Company Insider, and the SF Chronicle. She has been recognized as a thriving cannabis CEO and business leader, speaking at conferences, conducting media interviews, and delivering consulting solutions for major cannabis firms. She obtained one particular of the very first cultivation permits in Mendocino County.
Just before getting into the cannabis business, Kim worked for major economic institutions worldwide. In Paris, she worked in audit at KPMG on UCITS funds and in asset management at Lazard on the S&P 500 fund. In New York, Kim was an investment banker at Credit Suisse covering M&A, LBOs and IPOs for massive tech consumers. In San Francisco, she worked in venture capital at Subsequent Planet Capital, specializing in customer and enterprise technologies startups.
Kim holds a Master’s degree in Finance and Technique froml’Institut d’Etudes Politiques (IEP, Paris) and is fluent in English, French and Spanish. She has lived in the U.S., France, and Costa Rica. She loves to bake, nurture entrepreneurial results, produce Excel models, and travel.
Lauren Estevez, Lawyer & Founder, LME Law
Lauren Estevez is a Los Angeles-primarily based lawyer advising licensed cannabis business operators, brands and ancillary companies on tactic, investment sourcing, and regulatory compliance. Lauren has been practicing in the cannabis space considering that shortly right after Proposition 64 was passed in California, and has completed more than 100 cannabis projects with U.S. and international corporations. In addition to cannabis, Lauren also advises consumers on CBD and The Farm Bill. Her operate has been featured on CNBC, Cheddar, and in Law360 and she is a typical contributor to cannabis business conferences.
Prior to her profession in cannabis, Lauren graduated from Harvard Law College and worked at an AmLaw100 worldwide law firm in London & New York in the Capital Markets and Banking groups, and at a commence up, exactly where she managed a multi-million dollar book of enterprise and her consumers integrated emerging and Fortune 500 life sciences and technologies corporations.