Cannabis Investments Poised for Growth as Surge of New Investors Enter the Space
DENVER — As the cannabis industry prepares for another anticipated record-breaking sales day on 4/20 , multiple factors are aligning to indicate that a surge of new cannabis investors may be preparing to enter the space, according to KEY Investment Partners. “In the early days of the regulated industry, it was primarily high net worth individuals and family offices investing in cannabis,” said Pete Karabas, Founding Partner at KEY Investment Partners . “Today however, we are seeing a far broader range of investors interested in the space, including institutional investors who have actively been educating themselves on the cannabis sector over the past couple years, however have not yet invested. Institutional investors will start to jump into the space in 2022 as the regulatory framework takes shape.” KEY estimates they have seen about double the level of interest from institutional investors to date in 2022 as they experienced in 2021. In addition, the firm continues to see an incr...