Benzinga Cannabis Conference in Miami Draws Big Investors 

Benzinga Cannabis Conference in Miami Draws Big Investors 
cannabis now

Last week’s Benzinga Cannabis Capital Markets Conference in Miami kicked off on 4/20 bringing together a venerable cornucopia of the cannabis industry. Cannabis Now was on hand to connect with some of the industry’s most illustrious power players to discover where the market is heading. Two such thought leaders, Mitch Baruchowitz of Merida Capital Holdings and Troy Datcher of The Parent Company, shared some insights on what makes their successful companies tick, and why they chose to attend the Benzinga conference.   Baruchowitz’s slide presentation at the iconic Fontainebleau Miami Beach described using data to create a disruptive thesis. He elucidated Merida’s investment thesis as picking regions rather than companies. For 20 minutes, Baruchowitz went on to discuss data and disruption, explaining that the firm’s prediction model has helped them solidify their place as one of the cannabis industry’s leading investment groups. “We find companies that we believe fit the areas that we think are disproportionately large, and I think that’s resonated in the last few years with people who want to hear how we keep ending up in the right place,” he said.  Mitchell Baruchowitz of Merida Capital Partners gives a presentation at Benzinga, North America’s leading cannabis investment conference. PHOTO by Cannabis Now Baruchowitz says Merida Capital uses its Twitter account as a prediction engine, and that the data he’s talking about isn’t that data. Rather, he refers to predictive economic data as “the future that is going to arrive.”  “That’s on a trajectory,” Baruchowitz said. “We did make predictions four years ago about the projections. We said, ‘Projections were people being revised upwards based on state adoption.’ So, we nailed that because I think most people are projecting $28 billion for 2025. We’re now at approximately $40-$42 billion. Every year its applications keep going up. The data we’re using primarily is more like thin-sliced, precise…

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Source : Benzinga Cannabis Conference in Miami Draws Big Investors 

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