What are you missing in Denver this 4/20?

The Cashinbis Team is spending 4/20 in Denver today and surrounding ourselves with the leaders we’ve spent the past year highlighting for all of you! It’s an exhilarating opportunity to be amidst the very people who are influencing our growing space and if you’re here, at the Marijuana Investor Summit, be sure to flag us down for a conversation!

When we say you’ll be learning from the best of the best, we know what we’re talking about, we’ve interviewed them. Let’s refresh our intellect:

David Friedman

Marijuana Investor News, Publisher

marijuanainvestorsummit_davidfriedman_cashinbis“The key to success is failure. Any good entrepreneur will tell you that they learned from failure, not success. So, somewhere along the way, we all have to fail. We can’t be afraid to admit that and we have to then move on. The worst thing you can do in any relationship, business or personal, is hold on too long. It makes a bad situation worse and everyone loses in the end.”

Read more: Outsourced CFO Raising Capital for Cannabis Companies


Randy Shipley

CannaFundr.com, Founder & CEO

marijuanainvestorsummit_randyshipley_cashinbis“Work hard and don’t be afraid to bootstrap your company. If, as an entrepreneur, you can build a company to a stage where you have a product and customers that are buying it, it is far easier to raise capital at a much better valuation. You also have to be aware of your strengths and your weaknesses and build a team of founders/partners that offset any weaknesses you have. Investors will invest in strong teams that have an ability to execute across the many various functions of the business – so make sure you have your bases covered.”

Read more: Connecting Accredited Investors to Cannabis Entrepreneurs


Morgan Paxhia

Poseidon Asset Management, Founding Partner & Chief Investor

marijuanainvestorsummit_morganpaxhia_cashinbis“Raising money is both an art and science. For many entrepreneurs, this is their first major sale for that particular venture. Investors are looking for strong management teams, tenacious drive, and a product/vision that is unmet in the market. Timing and valuation are also important aspects to consider.”

Read more: Investing with Passion and Integrity in the the Next Great Industry


Emily Paxhia

Poseidon Asset Management, Founding Partner & Director of Relations

marijuanainvestorsummit_emilypaxhia_cashinbis“You have to be a little crazy to be an entrepreneur because, from a rational perspective, it is a wild undertaking; However, you have to be grounded and clear on what needs to happen to get the business to the next level. If unsure, an entrepreneur should have the ability to put the ego aside and seek mentorship or support. “

Read more: Investing with Passion and Integrity in the the Next Great Industry


Alan Brochstein

420 Investor & 420 Funders, Founder

marijuanainvestorsummit_alanbrochstein_cashinbis“Entrepreneurs have the opportunity to gain as a new legal industry is built. Consumers should end up with a higher quality, safer, and more standardized product. It’s this alignment of pragmatic reasons with an easy-to-embrace philosophical choice for most Americans that suggests to me a revolution is ahead for this industry.”

Read more: 420 Investor: Capitalizing on Cannabis


Thomas Quigley

Florida Cannabis Coalition, CEO

“Any number of things will happen over the next few years that could accelerate cannabis sales. The loosening of banking regulations could lead to a feeding frenzy from the larger financial firms who have been waiting on the sidelines. That could set off a string of high value IPOs. Medical breakthroughs will attract the attention of the soon to be TRILLION dollar health care industry. Right now, we’re going to focus on building a few hundred $50M companies.”

Read more: The Common Bond of Cannabis