Investing in Cannabis with Matt Hawkins of Entourage Effect Capital

Investing in Cannabis with Matt Hawkins of Entourage Effect Capital

Matt Hawkins is Chairman of the Board and Interim CEO of Harborside. He is also the Founder and Managing Principal of Entourage Effect Capital (EEC), formerly known as Cresco Capital Partners, a private equity firm focused specifically on investing in the legalized cannabis industry. Since 2014, the firm has invested out of two co-investment vehicles and special purpose entities with over $160MM in AUM, and is currently raising its third fund.

The term ‘entourage effect’ means that the whole is greater than the sum of its parts. In other words, EEC orchestrates success by actively leveraging their unique set of capabilities.

Prior to founding EEC, he was a Partner and President of a real estate investment company which acquired REO and NPL from banks and financial institutions across the country. Prior to this, Matt was a Principal/Co-founder of San Jacinto Partners, a fund focused on the bulk acquisition of single family residential assets and the Managing General Partner of Adjacent Capital, L.P., a private equity/specialty lending fund. He was earlier affiliated with Treadstone Partners, L.L.C., a distressed debt and equity fund. Matt is a graduate of The University of Texas at Austin.

Summary:
00:00 – Intro
00:23 – What was your investment objective or strategy?
01:34 – investing in MJ Freeway / BDS Analytics
04:51 – learning experience(s)
06:47 – Due Diligence- Mark Cuban’s voyager crypto ponzi
07:12 – Why is debt issuance at its highest in history?
09:10 – Only game in town- FOMO?
11:36 – Public companies pot stocks
12:46 – Pessimistic analysts
13:25 – Which Cannabis Subsectors Are You Seeing Still Attracting Equity Capital?
14:45 – West Coast vs East Coast markets
17:34 – Hexco & Tilray M&A
18:32 – Investments to avoid
20:17 – advice for companies raising capital
21:59 – cannabis investor pitch decks
24:48 – consolidation and M&A
25:40 – outtro

Guest:
Matt Hawkins Founder/Managing Partner at Entourage Effect Capital
https://www.linkedin.com/in/matt-hawkins-11288a2/

Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/

Episode 1013 The #TalkingHedge…
Your Cannabis Business Podcast.
​Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com

Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats

Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data

Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.