Business
Steve DeAngelo chats with Cindy Broad at the Arcview 2020 Vision Series First Forum: Cannabis Investing for a New Decade. The event took place in Los Angeles at the Fairmont Miramar last week. Listen to Steve's colourful commentary on everything from surviving the dip, to what's next for the industry, to his views on psychedelics...all from the "Father of the Legal Cannabis Industry." Steve DeAngelo has spent his entire career at the intersection of cannabis activism and entrepreneurship. As CEO of Harborside Health Center, Steve co-founded and directed California’s most widely acclaimed medical cannabis dispensary – and set a new standard of excellence for the entire industry. Steve also launched the industry’s first lab testing service, Steep Hill Labs. Steve spent the decade of the 1990′s leading Ecolution, Inc. – a pioneering producer of industrial hemp goods that sold to retail stores in all 50 states and 21 countries. Steve played an instrumental role in the passage of Proposition 59, Washington DC’s medical cannabis initiative; co-producing Hempilation I and II CDs with Capricorn Records; and organizing the world famous 4th of July demonstrations at the White House. He was the star of the Discovery Channel’s reality show Weed Wars. The Arcview Investor Network currently consists of 600+ accredited investors. Over 200 companies have raised more than $270 million as a result of their participation in Arcview. The event featured presentations and interviews by numerous notable companies including Bhang (CSE.BHNG, OTC:BHNGF, Forum), Sixth Wave Innovations Inc. (CSE.SIXW), Hemptown USA, and BDS Analytics Industry Intelligence Update (BDS is the premier market research firm for the global cannabinoid industry). The Canadian Securities Exchange and partners, Stockhouse, MNP, Haywood Securities and Broughton Law presented an insightful discussion on mastering the art if due diligence with consideration to both investors and company's needs in any capital raising exercise. This educational workshop taught investors what they should be asking of a company when looking to invest, what are some key indicators of a company's potential success and red flags to watch for. For businesses came to discover how to best promote themselves to potential investors and gain better success in their capital raising efforts. Big thanks to speakers Maruf Raza (MNP), Alexander Ruggieri (Haywood Securities), Conrad Nest (Broughton Law), Anna Serin (The CSE) and Cindy Broad (Stockhouse).