Cannabis requires the same fundamentals as other investments, according to Kevin McGovern, whose single-family office specializes in making early stage investments in consumer technologies and brands. But it’s also “a little different,” he added, “because it requires a multitalented management team, probably more than any other area that we’ve been investors in.”
According to McGovern, cannabis companies—especially those that are vertically integrated or partially vertically integrated—need executives with expertise in cultivation, regulatory matters and accounting, because all three of those skills are especially complicated in the cannabis realm.
“Cannabis, more than any other industry that
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