As cannabis companies struggle to seek adequate funding and profits, Marijuana Business Daily, the preeminent source of cannabis news and information, turned to Rebel Rock CFO and Co-founder Melissa Diaz to share her knowledge and expertise in the cannabis market for a recent article on the state of investment in the industry.
Melissa explained that some early industry movers grew too fast, which resulted in overinflated valuations and profitability projections that simply aren’t panning out. She also cautioned that if the larger economy slows down or falls into recession in the near future, cannabis companies will find it even more difficult to find funding and investment.
In a tightening investment market, having a comprehensive understanding of risks and opportunities is key. For cannabis companies looking to attract investors or make an acquisition, Rebel Rock’s Due Diligence Assistance can help identify those risks and opportunities that may impact any potential deals. Learn more about due diligence and our full slate of services.