Hedge fund manager Tim Seymour speaks on the cannabis industry
Seymour Asset Management provides asset and wealth management services to its clients. Tim is also the portfolio manager of the Amplify Seymour CannabisSeymour Cannabis ETF CNBS.
Seymour was an early investor in the cannabis sector, with a background in emerging markets and new asset classes. Tim has been a thought leader for the sector since 2016 with his role on CNBC. You ll want to get in on what he has to say about the industry's current, and sometimes volatile, movement.
In the last two weeks, Cannabis investors have seen a whipsaw that would be high demand at Six Flags or Hershey Park, but has been painful when investing in an already volatile asset class, according to Seymour co-wrote in a November opinion piece with Brady Cobb.
The excitement around legislative catalysts to re-rate the sector has hung over the market for the last fifteen months and provided periods of exhilaration. They wrote that follow-through has been hard to come by, which has left investors nauseous.
As SAFE Banking was left out of any year-end legislation, the cannabis sector plummeted and investors were left wondering what s next?
Seymour told Benzinga that he believes that investors may find positive catalysts in places they did not expect, because of the sentiment on the sector at muti-year lows. The legislative pathway appears to be challenging in the near to medium term. As companies become more efficient operators and real CPG sector qualities continue to evolve, a re-rating of the sector will come from within. As a hedge fund manager and investor who has been involved in the sector since 2016 you won't want to miss out on what Tim Seymour has to say in Miami.
Come and meet Tim Seymor in person as well as other leaders in the cannabis industry at the Benzinga Cannabis Capital Conference on April 11 -- 12 at the historic Fontainebleau Hotel in Miami Beach, Florida. This is the place to get DEALS DONE, raise money, jumpstart M&A and meet investors and key partners.