At the recent Benzinga Cannabis Capital Conference, Michael Berger, managing partner at Stonebridge Partners, shared valuable perspectives based on his transition from equity research to the cannabis market.

He emphasized the exceptional networking quality at the conference, noting that the blend of attendees, ranging from executives to investors, enriched understanding of market trends.

Investor Participation and Stock Performance

Berger revealed a surprising statistic during his discussion: a mere 20% of conference attendees were currently investing in cannabis despite substantial increases in cannabis stock values, almost doubling over the past year.

He attributed this low engagement to prior market downturns, which might have made investors wary. However, through his investment newsletter, he has guided subscribers to a 40% profit, highlighting the benefits of informed investment strategies in volatile markets.

Legislative Anticipation and Its Impacts

A key focus at the conference was the potential legislative changes affecting the cannabis industry. Berger pointed out the palpable anticipation among attendees regarding potential legalization or changes in drug scheduling. He emphasized any decisions by the DEA are highly anticipated and are expected to significantly influence market dynamics shortly.

Importance of Accessible Investment Information

Berger also spoke on the necessity of timely and succinct investment data for those who do not have the capability to monitor stock movements continuously. His service aims to demystify stock market data and provide rapid updates to help investors make informed decisions without dedicating significant time to research.

He stated, “This is our thesis. This is why we're buying this stock. This is why we're selling this one,” emphasizing his approach to keeping information accessible and actionable.

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Cannabis rescheduling seems to be right around the corner. Want to understand what this means for the future of the industry? Hear directly for top executives, investors, and policymakers at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. Get your tickets now before prices surge by following this link.

Photo: Courtesy of Branding Pot via Shutterstock