Polaris Capital President Discusses Rescheduling and Safe Banking in Cannabis Industry
Listen now
Description
Rob Sechrist discusses the recent achievements of Polaris Equity Group and the Polaris Fund, including obtaining the highest credit rating ever issued in the cannabis industry and completing the first securitization in the sector. He also shares his insights on the potential rescheduling of cannabis from a Schedule I to a Schedule III drug and the impact it could have on the industry. Sechrist believes that the Biden administration wants this to happen by next year to gain political support. He also mentions the possibility of the Safe Banking Act being passed in 2024, as there are indications that there are enough votes in the Senate to support it.
More Episodes
David Miller, Chief Strategy Officer at Flow Gardens, joins host Vern Davis to discuss the challenges and opportunities of operating a cannabis business in Tennessee. They also delve into the current state of cannabis legislation, including the potential rescheduling of marijuana and the impact...
Published 01/10/24
Published 01/10/24
Seth Yakatan, co-founder and partner of Yakatan Associates International, shares his journey into the cannabis industry and why he is passionate about working with early-stage startup businesses. He discusses the importance of innovation and the potential for growth in the cannabis sector. Seth...
Published 01/03/24