Cannabis Investing in South America
MCG and The Arcview Group are the founding partners behind the inaugural Cannabiz Latino HUB Impact Investing Summit taking place in Bogotá, Colombia, September 12-13. The expo and conference offers an unparalleled opportunity to connect with accredited investors, discover a plethora of Latin American cannabis companies, and look beyond the horizon of the vast cannabis landscape in Colombia and the Americas. International entrepreneurs who are seeking long term partnerships will find this conference invaluable. The real question is whether you can afford not to attend? For more than ten years, MCG and The Arcview Group have been helping entrepreneurs build firm relationships with the region’s biggest institutional and private investors.
Cannabiz Latino HUB is the best opportunity in the region to do business, engage with investors and meet asset allocators from across the world.
Scheduled keynote speakers include:
Steve DeAngelo, known as “The Father of the Legal Cannabis Industry,” Steve is the Founder and Chairman Emeritus of Harborside, Inc., and Co-Founder, and President of The Arcview Group. Steve is a lifelong activist, author, educator, and entrepreneur who has spent over four decades on the front lines of the cannabis reform movement. His most notable business achievements include co-founding the Harborside dispensary group, which includes one of the first six dispensaries licensed in the United States; Steep Hill Laboratory, the first cannabis analytics company; and The Arcview Group, the first dedicated cannabis investment network. Most recently he founded FLRish, Inc., one of California’s largest vertically integrated cannabis companies. FLRish cultivates, processes, manufactures, distributes, and retails cannabis products in several facilities throughout the state.
Led by Founder and CEO Carol Ortega Algarra, MCG is a diverse ensemble of consummate professionals with extensive worldwide experience in the legal cannabis industry. Carol serves on the Colombian government’s policy making committee which has the ongoing challenge to improve the existing regulation, and was instrumental in Colombia’s efforts in developing medicinal cannabis. This initially resulted in Law 1787 and Decree 613 which created the regulatory framework enabling safe and informed access to the medical and scientific use of cannabis in Colombia.
The laws essentially legalized medicinal cannabis products for export and domestic use and created an entirely new cannabis industry. It also propagated immense opportunities for MCG. “We are an investment management firm looking to support Latino initiatives in the legal cannabis industry through a combination of acquisitions, business incubation, and venture capital,” Carol said. “Our target is to build a portfolio of leading companies that will shape premium cannabis brands worldwide.” Carol also holds the distinction of being the first woman in South America to make an investing pitch for a cannabis company.
Steve DeAngelo
27