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IC3 Institutional Capital & Cannabis Conference (East)
We’re in the midst of a significant shift in opinion on cannabis among voters and lawmakers – NY Governor Andrew Cuomo recently signaled he is now in favor of legalization and U.S. Senator Chuck Schumer of NY, has just announced a plan to decriminalize cannabis at the federal level.
Against this backdrop, IMN is excited to host our fourth Institutional Capital & Cannabis Conference (IC3), the leading investor forum for the cannabis industry, in New York City this October. IC3 is a meeting place for investors who wish to invest or learn more about this exciting and high-growth new asset class, cannabis companies and investment funds who are looking to raise money or showcase their products, and professional service providers who facilitate these groups doing business.
Cowen and Company projects legal marijuana sales will reach $50 billion annually by 2026, from an estimated $6 billion today. Marijuana is legal in some form in 29 states and Canada. Recreational use is legal in eight states, including the entire West Coast, and Canada is legalizing adult use this summer.