As the cannabis industry matures, investors are rethinking what makes a company attractive for investment. Early-stage funding has slowed dramatically, forcing businesses to prove their financial stability and ability to grow in an increasingly competitive environment.
These shifts come as key states continue to drive the market forward while others face hurdles that challenge growth.
Seth Yakatan, co-founder of Katan Associates, provided his perspective on what investors focus on when evaluating cannabis companies ahead of his speaking engagement at the Benzinga Cannabis Capital Conference.
Investors Focus on Cash Flow and Expansion
Yakatan pointed out that investors are zeroing in on two main areas when assessing cannabis ...
