Cannabis Summit leg in TT

JOAN RAMPERSAD

CANEX Jamaica will host a series of Cannabis Investment Summits under the theme Cannabis Meets Capital, in the region.

The summits are scheduled for Barbados on May 14, in TT on May 16 and in the Cayman Islands, May 23. It is a presentation of Zimmer & Co, Bonaventure Equity, Green Stripe, Global Extracts and Legal Global Cannabis.

The summits are targeted to accredited investors, bankers, lawyers, policymakers and healthcare professionals to offer an overview of the legal cannabis industry and specifically to speak to investment opportunities.

Each investment summit will include a keynote presentation, business pitches from screened companies seeking to raise capital and a panel discussion with seasoned investors.

In a release, TT national and CanEx Jamaica Business Conference and Expo (CanEx) founder Douglas Gordon said: “The precursor for a successful legal cannabis industry is a full understanding of the tremendous health and economic benefits that the industry can bring to any developing nation. We are bringing together a cross-section of experts and operators at the highest levels of the industry who can provide a fulsome understanding of the opportunities that are inherent in the industry as well speak to the key challenges that need to be considered to create a successful industry.

"We have experts from the US and Canada, South America and the Caribbean who can speak to practical, operational considerations, not theory, that will provide a sound basis for understanding the industry and its potential.”

Gordon feels the investment summit is also ideal for individuals interested in learning about the opportunities and challenges from some of the leaders in the industry. He said: “Some of those people expected to attend include: accredited retail investors, institutional investors, private wealth managers, entrepreneurs, attorneys, healthcare practitioners and policymakers.

John McMullen, president of LGC Capital who will be present at all three events, said: “We are delighted to participate in an event of this nature. CanEx has done a first-class job with their conference and this is a fantastic initiative to broaden the legal market in the Caribbean. We look forward to sharing with the audiences in Barbados, TT and the Cayman Islands, some of our cannabis investment experience as we explore opportunities to expand in the region.”