The green rush is on -- 150 years after fortune-hunters rushed to the Rockies in search of gold. On Tuesday, Colorado voters passed Amendment 64, cementing this state's reputation as the cannabis capitol of the country. That vote should certainly light up a convention scheduled months ago that starts today in Denver: The National Marijuana Business Conference 2012.
Pass the Cheetos and Goldfish.
The event, sponsored by the Medical Marijuana Business Daily, is billed as "two days of workshops, case studies, expert panels & keynotes to help you grow your MMJ-related business." And many of those experts -- including local attorney Brian Vicente -- will be discussing the ramifications of both Amendment 64 in Colorado and Initiative 502 in Washington state, which also passed on Tuesday, as well as the new green rush.
Online ticket sales have ended, but there will be a few available at the door at the Sherman Events Center. Registration is a hefty $500 -- but at least you can use a credit card, unlike at most dispensaries. And yes, the banking dilemma is up for discussion this morning.
Here's the agenda:
Thursday, Nov. 8, 2012
9:00-9:15 am Welcoming Remarks & Quick Industry Overview
9:15-9:45 am State of the Industry & Latest Consumer Research
9:45-10:30 am Keynote: Solving the Banking Conundrum: Financial Solutions for Medical Cannabis Businesses
10:30-11:00am Networking Break held on Expo Floor
11:00 -11:45 am Risky Business: Overview of the Legal Risks Facing MMJ Companies, Vendors and Investors
11:45 am -12:30 pm Keynote: Election 2012: How National, State Results Affect Your Business
12:30 - 1:30 pm Networking Lunch held on Expo Floor
1:30-2:15pm (two sessions) How to Find Startup Money and Secure Investments Potency, Dosage and Labeling of Edibles
2:15-3:00 pm (two sessions) M&A Advice: Tips for Buying, Selling an MMJ Business Testing: Why it's Important and How to Find a Credible Lab
3:00-3:30 pm Networking Break held on Expo Floor
3:30-4:15 pm (two sessions) Best Practices for Success: Taxes - What to Claim and How to Avoid an Audit Infused Product Makers: How to Flourish in 2013
4:15-5:00pm (two sessions) Insurance Options for MMJ Companies New Opportunities for Ancillary MMJ Businesses: Hydroponics, Lawyers, Security Systems, etc.
5:00-6:00 pm Show Floor Networking: Meet Lawyers, Bankers, Consultants & Potential Partners
6:00 pm NCIA VIP Gala
Friday, Nov. 9, 2012
9:00-9:45 am Keynote: 2013 Legislation: How to Impact The Future - Your Next Steps
9:45-10:30 am Keynote: Threading the Needle: Reaching Success Through Volatile Times
10:30-11:00 am Networking Break held on Expo Floor
11:00-11:45 am When the Feds Come Knocking: Handling Raids, Civil Forfeitures & Other Attacks
11:45 am-12:30 pm State Marijuana Legalization: How Could it Affect Your Business?
12:30-1:30pm Networking Lunch held on Expo Floor
1:30-2:15 pm (two sessions) Hottest New MMJ Products, CBD, & Industry Tech East Coast Opportunities: How to Capitalize on the Green Wave
2:15-3:00 pm (two sessions) MMJ Marketing and Advertising Strategies That Work Raising Arizona: How to Capitalize on the New Marketplace
3:00-3:45 pm (two sessions) Customer Retention: Grow Your Business by Tracking Inventory & Encouraging Loyalty California: How to Survive Amid Uncertainty
3:45-4:30 pm (two sessions) Top 8 Mistakes Dispensaries Make and How to Avoid Them Capitalizing in Colorado: An Overview of New Opportunities
Find more information here.
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This convention will address the future of the marijuana industry. Learn more about its back story in William Breathes's November 1 cover story, "The history of cannabis in Colorado...or how the state went to pot."