MJINews was started to aggregate, report and opine on various ways to make money in the legal marijuana industry. While medical marijuana has been legal in many states for years, its legalization for recreational use in Colorado and Washington in 2014 has catapulted the entire subject to new heights.
The “Green Rush” has the potential to rapidly become a multi-billion-dollar industry. Colorado alone projects $1B in sales in 2014. The opportunity for fortunes to be made and lost is an absolute certainty and everyone is asking how they can make money in this game.
As with any new industry (remember we are talking about the legal side here) there will be legitimate opportunities, scams and everything in between. As of our launch there is nowhere you can go to read about the investment side of this business. There are plenty of news sites popping up and mainstream media outlets running a piece here and there, but nothing that takes a hard look exclusively at marijuana investing. We intend to aggregate content from around the web and invite guest contributors, as well as contribute ourselves, to bring would-be investors the information they need to make informed decisions on where to put their money.
Already we have seen angel investment groups, venture capital, private equity and hedge fund activity in the space but nobody really knows how to navigate the politics of an industry that is legal on the individual state level but not at the Federal.
David Friedman is the publisher of Marijuana Investor News and has been direct investing in non-public companies for more than 25 years. David is a serial entrepreneur who easily blends conservative risk management with free-spirited risk seeking. An accounting professional and Chief Financial Officer, his experience cuts across multiple industries and ranges from startups to running a billion-dollar family office.
In addition to direct investing, David also has considerable experience as an angel investor, as well as being a principle in both venture capital and private equity firms. Applying the many skills he’s learned from navigating rapidly changing business environments, he has been studying the legal cannabis industry looking for investments that have the right blend of low risk and high reward. firstname.lastname@example.org
Kristin Fox, Editor-in-Chief of Marijuana Investor News, is a serial entrepreneur, brand builder, networker and award-winning journalist. Kristin has built successful profit and non-profit businesses in the hedge fund industry for the last 25 years. Prior to that she was a freelance journalist and launched several small trade publications in various industries. Within the hedge fund space she has been an editor, journalist, investment management consultant and a founding board member of 100 Women in Hedge Funds. Kristin’s last news venture was sold to Reuters in 2005. She brings her experience in providing news, research and data in nascent industries to the cannabis business with intent to replicate her prior successes. email@example.com
Lori Ferrara, vice president of business development for Panther Media, turned a personal experience into an entrepreneurial passion in the legal marijuana industry. A respected member of the cannabis investing community, Lori was one of the early members of the ArcView angel group and is a direct investor in several cannabis businesses. As a current and founding member of the ILCIA Board, Lori is focused on improving regulations for cannabis business owners, advocating for the education of qualified patients, driving membership and active participation in ILCIA. Lori is a 25-year veteran of the domestic and international television distribution industry, where she worked with Warner, Disney ABC Television Group and other media firms. She currently is vice president of business development for CFO Worldwide’s cannabis practice. firstname.lastname@example.org
Caroline Cahill is the Managing Editor of Marijuana Investor News. She is a published poet and essayist. Caroline earned her BA in Communications from College of Charleston and her MFA in Creative Writing from Virginia Commonwealth University. She previously worked in higher education, development and broadcasting. email@example.com
Jordan Gerber is the CFO for Panther Media, the parent company of Marijuana Investor News. Jordan is a CPA with more than 20 years of experience as a financial consultant, business owner and turn-around specialist in a variety of industries. Jordan brings a wealth of financial and operational knowledge to all of his clients. His expertise includes financial reporting, budgeting, projections, cost reductions, vendor negotiations, inventory analysis and collections. firstname.lastname@example.org
In addition to our executive team we have a talented stable of journalists who contribute to the publication and help make it the only real source of investment news in the cannabis industry.