The Oregon Liquor Control Commission (OLCC) - placed in charge of the state's burgeoning cannabis industry - has guided the industry admirably as thousands of jobs have been created and millions of dollars in revenue have been generated, exceeding expectations. Learn about the current status of the industry from the viewpoint of the regulators in charge and get your burning questions answered directly from the source.
DANICA HIBPSHMAN - DIRECTOR OF LICENSING OLCC
Director of Statewide Licensing and Compliance for the Oregon Liquor Control Commission.
STEVE MARKS - EXECUTIVE DIRECTOR, OLCC
Executive Director, Oregon Liquor Control Commission.
AMANDA BORUP - POLICY ANALYST, OLCC
Policy Analyst with the Recreational Marijuana Program of the Oregon Liquor Control Commission.
10:30 Canadian Securities Exchange Overview and the Opportunities for American Companies
The biggest cannabis industry deals have occurred on the Canadian financial markets, but a little-known secret is that Canada provides opportunities for American companies as well. Several U.S. cannabis companies, including a couple from Oregon, have utilized the Canadian markets to acquire capital and thrive in the competitive marijuana market. Learn how the Canadian Securities Exchange has benefited cannabis companies, including businesses from the United States.
11:15 Planning for Success: Critical Aspects of Due Diligence
The extra scrutiny placed on the cannabis industry by regulators, financial institutions, and the public means that companies must emphasize appropriate due diligence. Additionally, the interconnected nature of this risk means that companies should have a higher standard of assessment for potential suppliers, partners, and key individuals, including their respective reputations. Companies and their stakeholders need to understand the financial, operational, regulatory, and reputational risks associated with the industry and how to plan accordingly. By doing so, companies can appropriately manage short-term risk and generate significant long-term value.
ELAINE CAREY - FTI CONSULTING
A Managing Director, Ms. Carey co-leads the FTI cannabis practice overseeing cannabis-focused due diligence, anti-money laundering compliance, fraud, supply chain issues and cyber threats.
LINCOLN ECKHARDT - FTI CONSULTING
A Senior Director in FTI’s Dispute Advisory Services practice, Mr. Eckhardt specializes in the valuation of businesses, ownership interests and discrete assets and liabilities.
BERNARD CHAMBERLAIN - EMERGE LAW GROUP
An attorney and Of Counsel with Emerge Law Group; since being a founding shareholder of the firm, he has developed a practice with a specialized focus in tax issues arising in the increasingly sophisticated cannabis businesses establishing themselves within and outside Oregon.
MATT MURPHY - VP KHIRON LIFE SCIENCES CORP
Vice President at Khiron Life Sciences Corp, President of the Pharma Compliance Group, and a former DEA Agent, Matt Murphy has providing the pharmaceutical and cannabis industries with the expertise needed to maintain effective compliance of the Controlled Substances Act (CSA) regulations, and the Code of Federal Regulations (CFR).
Not as well known (or, let's be honest, as fun) as THC, CBD has big health benefits and is big business. The health benefits of CBD have rightfully gotten a ton of good press in recent years and even people that would never think of smoking cannabis are utilizing CBD products for a whole host of reasons. The CBD market has now exploded and will only continue to expand in the coming years. Hear from folks that are pioneering this burgeoning segment of the cannabis/hemp industry.
CEDAR GREY - CEO SISKIYOU SUNGROWN
CEO of Siskiyou Sungrown, an OLCC Cannabis and ODA Hemp Production and Processing company.
MICHAEL JOHNSON - COO SISKIYOU SUNGROWN
COO of Siskiyou Sungrown, a vertically integrated cannabis and hemp producer/processor.
Everyone likes to claim that they support mom-and-pops, but too often do their shopping at big chains or on Amazon. The ICBC is proud to directly assist a local small business doing business the right way. Oregon has created 19,000-plus jobs and is generating over $80 million a year in new tax revenue (double what the state expected). However, too many mom-and-pop businesses are finding it too hard to thrive in an overly-regulated, oversaturated market. The International Cannabis Business Conference's Mom-and-Pop Pitch Event will award a deserving local cannabis business at least $10,000, no strings attached. Application process ends September 17th. This event will take place on the ICBC Main Stage at 2 pm, September 28, 2018. For the finalists chosen to participate in this event, the opportunity to present your business to a sold-out crowd of attendees who perfectly fit your target demographic is perhaps a bigger business opportunity in the long run than winning $10,000.
3:00 Strategic Partnership: You're Brilliant, But You Can't Do It Alone
No one thrives in the cannabis industry alone. Really, no one thrives in any industry alone. Whether it is finding your right business partner for your own operation or teaming up with others to get your products on the shelves or effectively market your services, this panel will help you think about the partnerships you can make to succeed in the cannabis industry.
TIM WINNER -SHADOWBOX FARMS
As stewards of Oregon’s craft cannabis industry, we are committed to building an inclusive, transparent, and innovative community. In the process, we intend to foster career opportunities in an ethos that embodies love and respect — all while crafting high-quality products.
JAMIE PEARSON - BHANG CORP.
Bhang is the world’s most awarded and distributed cannabis brand. As the Director of Operations, Jamie works with Bhang’s licensees in different states and oversees the CHB venture (Cypress Hill Bhang).
PETER TRAMM - ROOTS RX
Co-owner of Roots Rx, a recreational marijuana dispensary with six locations across the Colorado Rockies.
3:45 Mergers and Acquisitions: Consolidating, Integrating, and Getting Out
The cannabis industry is seeing consolidation and integration as companies merge with, or acquire, the competition or swoop up companies that allow for vertical integration. Some in the industry have built a brand and are looking to leave one niche for a new one, or leave the industry altogether. Whether you are a buyer or seller, our Mergers and Acquisitions panel will have you prepared to do your due diligence and give you tips on how you can avoid pitfalls and reap the maximum reward.
Not as fun as Raising Arizona, but it has to be done if you want to start a business and thrive in this market. It takes capital to survive in the cannabis industry, even in states with relatively low barriers to entry. Learn the opportunities that cannabis business have to garner capital and how you can make your business attractive to investors.