Why Mergers And Acquisitions Won't Happen

On Jan 25, 2023

We begin with Pelorus Equity Group President Rob Sechrist who shares why mergers and acquisition will not happen this year in the Cannabis industry, and why the public equity market will remain volatile.

Rob also outlines how his firm built out a data proprietary tool where they were the first to know where every license Cannabis operator in the country was located, who owned them, what type of licenses, where they’re physically situated, who owns the real estate, the price per pound in that region, the power costs, and 2 years of data points where they can now look for trends.

By achieving all of this, it has enabled them to grow their lending assets by more than 50% in the past year to almost $400,000,000. Their goal for 2023 is to grow to over $1,000,000,000 in lending assets, which then provides 15% annual returns within their equity fund which also includes monthly distributions.

To view and see more relevant content of the Trade To Black podcast, check out the following video: https://youtu.be/WRLgO8XJYsE

0:00 – 2:59 Current California Weather
3:00 – 5:50 Economy Outlook
5:51 – 7:31 Federal Interest Rates
7:32 – 8:41 Cannabis Lease Agreements
8:42 – 10:36 Profitability Not Market Share
10:37 – 12:53 Why M&A Won’t Happen
12:54 – 17:31 This Is Still Early Days
17:32 – 19:33 People Forgetting Cannabis Is New
19:34 – 27:10 Pelorus Fund Growth Trajectory
27:11 – 29:02 How Does Fund Work?
29:03 – 30:37 Billion Dollars in 12 Months
30:38 – 32:20 What States Will Go Legal
21:21 – 36:54 The Best Data In Industry

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Written by: Shadd Dales

Special Thanks to Rob Sechrist, President and Co-Manager of Pelorus Equity Group (www.pelorusequitygroup.com)

For copyright matters please get in touch with us at: sdales@thedalesreport.com

The Dales Report Inc. disclosure policy applies to this video: https://thedalesreport.com/disclosure/

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