EXCLUSIVE: Cannabis Debt Market Execs Debate Best States To Target, Seaport's Mascone Says 'New York Is Very Investable'
EXCLUSIVE: Cannabis Debt Market Execs Debate Best States To Target, Seaport's Mascone Says 'New York Is Very Investable'
One key component for U.S. cannabis investors is which markets to target in a complicated and convoluted environment in which each state has its own unique set of rules, regulations and laws.
美國大麻投資者面臨的一個關鍵因素是，在複雜而複雜的環境中，每個州都有自己獨特的規則、法規和法律，要瞄準哪些市場。
"It's not static," John Lykouretzos, CEO of FocusGrowth Asset Management, said during a panel discussion on the cannabis debt market Thursday at the Benzinga Cannabis Capital Conference at Fontainebleau Miami Beach.
“這不是一成不變的，” FocusGrowth Asset Management首席執行官約翰·利庫雷佐斯週四在邁阿密海灘楓丹白露舉行的本辛加大麻資本會議上就大麻債務市場進行小組討論時說。
"We love the limited license states that are medical only."
“我們喜歡僅限醫療的有限許可證州。”
The panel discussion included Lykouretzos; Travis Goad, managing partner at Pelorus Equity; Jack Mascone, head of capital markets at Seaport Global (NASDAQ:SGIIW); and Len Tannenbaum, CEO of AFC Gamma Inc (NASDAQ:AFCC).
小組討論包括Lykouretzos；特拉維斯·戈德，Pelorus Equity的管理合夥人；傑克·馬斯康，資本市場主管 海港全球 （納斯達克股票代碼：SGIIW）；以及 Len Tannenbaum，首席執行官 AFC Gamma Inc （納斯達克股票代碼：AFCC）。
Cannabis Investing State-By-State: Lykouretzos said he likes well-run companies in some of the early states to legalize cannabis.
各州大麻投資：Lykouretzos說，他喜歡一些早期州經營良好的公司將大麻合法化。
"I'm not afraid of some of the OG states. I like Oregon, and I like Colorado," he said.
“我不害怕某些 OG 州。我喜歡俄勒岡州，也喜歡科羅拉多州，” 他說。
Tannenbaum said even the limited license states change, so investors have to watch the market dynamics closely.
坦嫩鮑姆說，即使是有限許可證州也在變化，因此投資者必須密切關注市場動態。
"We have a lot of data and data collection. Pennsylvania prices are plummeting in terms of grows, so the grow in Pennsylvania is a lot less attractive than it was a year or two ago, but the dispensaries are still great," Tannenbaum said.
“我們收集了大量的數據和數據。就增長而言，賓夕法尼亞州的價格正在暴跌，因此賓夕法尼亞州的增長吸引力遠不如一兩年前，但藥房仍然不錯，” 坦嫩鮑姆說。
At the same time, Tannenbaum said he's excited about New Jersey, Missouri and Ohio and prefers companies that are vertical, operating as both growers and dispensaries.
同時，坦嫩鮑姆說，他對新澤西州、密蘇里州和俄亥俄州感到興奮，他更喜歡既是種植者又是藥房的垂直公司。
New York Opportunities: New York legalized recreational cannabis in 2021, and licensed sales are expected to begin in 2022 or 2023.
紐約機會：紐約在2021年將休閒大麻合法化，許可銷售預計將於2022年或2023年開始。
Unfortunately, investing in the New York market is difficult at this point because of repeated delays and uncertainties, but Mascone said there are still opportunities in The Empire State.
不幸的是，由於反覆的延誤和不確定性，目前在紐約市場投資很困難，但馬斯康表示，帝國大廈仍有機會。
"From a lending case, New York is very investable, and institutional participants are excited about New York. I think those risks manifest themselves a lot more through the equity market valuation. But when you're at the top of the capital structure, New York is very viable," Mascone said.
“從貸款案例來看，紐約非常適合投資，機構參與者對紐約感到興奮。我認爲這些風險更多地體現在股票市場估值上。但是，當你處於資本結構的頂端時，紐約非常有生存能力，” 馬斯康說。
Goad is also bullish on New York.
Goad 也看好紐約。
"We're actively targeting stuff in New York and looking at deals now. It's very investible," Goad said.
“我們正在積極瞄準紐約的東西，現在正在考慮優惠。這很容易投資，” 戈德說。
Learn more about this and other upcoming Benzinga Cannabis events at this link.
通過此鏈接瞭解有關此活動以及其他即將舉行的Benzinga Cannabis活動的更多信息。
Photo by Dez Smith.
照片由德茲·史密斯拍攝。
譯文內容由第三人軟體翻譯。