Cannabis And Heroin Are Not The Same And The DEA Is Coming To Terms With It: Event Unpacks What's Next

©(c) provided by Benzinga

In an unprecedented gathering of minds, the Benzinga Cannabis Capital Conference is set to highlight the brightest in the industry. Taking place on April 16-17 at The Diplomat Beach Resort, Hollywood, Florida, this event comes at a critical juncture as the cannabis industry anticipates a significant shift with potential rescheduling from Schedule I (a category it shares with drugs like heroin and LSD) to Schedule III (Tylenol with codeine, testosterone, etc.), opening new avenues for growth and innovation in the coming months.

“As we stand on the precipice of achieving long-fought cannabis reforms, convening leaders at the Benzinga Cannabis Capital Conference to discuss mutual challenges, objectives and opportunities could not come at a more critical time for our industry,” says Darren Weiss, president of Verano (OTC: VRNOF). “Unifying cannabis leaders together around common goals is crucial to ensuring we harness our collective power and influence to advocate for historic reforms that will finally unlock the full potential of America’s next great homegrown industry.”

Echoing Weiss’ sentiment, Matthew A. Karnes, founder of GreenWave Advisors, adds, “We are at an inflection point for federal reform, with the DEA likely approving cannabis reclassification to Schedule 3. This step is significant because it eliminates the punitive 280E tax burden and accelerates cash flow profiles for nearly all operators. The question then becomes: How will the cash savings be deployed? This year's

Benzinga conference could answer just that.”

With a focus on the future of the cannabis business, investing and branding, the 18th edition of this conference boasts an unparalleled speaker lineup, featuring industry moguls, corporate leaders, analysts, celebrities and influential policymakers. Attendees will hear from Aaron Miles of Verano, Alexa Alianiello of X, Bryan Gerber of HARA Supply, and dozens more, offering rich insights into the evolving landscape of cannabis business, legislation, and market opportunities.

As Scott Greiper, founder and president of Viridian Capital Advisors, puts it: “The cannabis industry has only one event where cannabis companies, investors, lenders and acquirers meet to discuss and close deals. This is Benzinga.” Don’t miss out! Get your discounted tickets here now or apply to exhibit to get the most out of this event.

Benzinga's commitment to diversity and inclusion shines through its scholarship program, aimed at amplifying the voices of women and minority-owned businesses within the cannabis industry. This initiative underscores the conference's role as a platform for groundbreaking discussions and transformative networking opportunities.

“Empowering women to lead in business isn't just about gender equality; it's about unlocking the full capital potential of our industry. Benzinga is the key that opens these doors,” says Dr. Chanda Macias, CEO and chairperson of the Board of Managers of Women Grow.

Speakers Include:

As the debate around cannabis rescheduling heats up, the conference is poised to offer critical analysis and expert opinions on the implications for businesses and investors alike. Industry leaders will delve into the regulatory, financial, and operational shifts expected to unfold, providing attendees with a roadmap for navigating the changes ahead.

Don’t miss the networking and learning opportunity of the year! Connect directly with industry leaders and key decision-makers, hear and learn from insiders with massive knowledge of the space and anticipate policy shifts that could greatly affect your business. Get your discounted tickets here now or apply to exhibit to get the most out of this event.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.