CB1 Capital Management CIO on Acquisition Growth Strategy in US Cannabis Space



CB1 Capital Management CIO Todd Harrison talks about what makes 1933 Industries Inc (CNSX:TGIF) (OTCMKTS:TGIFF) an important investment for CB1 Capital. Harrison discusses what he thinks the big stories will be in the cannabis space in 2019, including the possibility of banking reform in the United States. Harrison comments on the current acquisition growth strategy employed by many MSOs. He notes that while it is hard to extrapolate what brands will be successful, CB1 Capital is interested in management teams and companies with existing distribution footprints. Harrison discusses three phases of market moves (denial, migration, panic), suggesting that the cannabis space is still in denial, and believes that cannabis represents a longer tail secular bull market.

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