The Tipping Point, Texas

Are you interested in investing in the cannabis and/or the hemp industry but unsure where to start? We hear you. It’s daunting from an outside perspective and the industry changes constantly.

Federal cannabis legalization is imminent. Frontier Data reports that legal cannabis sales will top $35 billion in 2023 and by 2030, sales predictions top $70B. According to a recent article from Marijuana Moment, Missouri legal cannabis sales surpassed $1.3B in 2023.

You better believe the eyes of Texas are on cannabis friendly states right now! There's enormous opportunity and virtually unlimited earning potential for the cannabis industry in the lone star state - at the moment.

It's not outlandish to believe Texas truly may be a tipping point for the cannabis industry. Texas is geographically the second largest state in the U.S., the second largest in population and consistently ranked as a top agriculture/crop producer. As of January 2023, ~70% of Texans support recreational cannabis legalization - political affiliations are hardly relevant when looking at the enormous potential that the cannabis industry offers Texas.

It's true, everything is bigger in Texas, whether it's the burgers, the trucks or the hair, everything is larger than life! So why expect anything less than a larger-than-life cannabis boom? Cannabis is a lot like Bitcoin, if you weren't onboard when crypto became an entirely new form of currency, you're already behind.

Who should attend?

• Investors prepared to dive into the emerging cannabis and/or hemp industry
• Cannabis entrepreneurs seeking their capital
• Cannabis professionals in or expanding into Texas

For investors seriously considering taking on the cannabis industry, particularly the Texas cannabis industry, and looking for a sign - here it is! Hear from successful cannabis entrepreneurs, experienced cannabis investors, cannabis policy makers from all over the U.S., industry thought leaders and international advisors on a variety of topics any experienced investor takes into account before signing the dotted line.

To put this into perspective...

Missouri entered the recreational cannabis arena in February 2023, the state surpassed $1.3B in sales - crushing the original projection for the entire year. Missouri also saw a 350% spike in cannabis industry-related jobs, swiftly eclipsing all other state markets' job growth.

Currently, Texas does have a medicinal marijuana program, but how much longer can policy makers afford to leave that additional tax revenue from recreational cannabis businesses? The collective opinion of native Texans on cannabis speaks for itself with recent studies from the University of Texas and the University of Houston stating over 67% of residents support cannabis legalization.

Mark your calendars and hear how Texas might tip the scales in the cannabis industry! It’s not every lifetime that an entirely new industry emerges, so mark your calendars and join us to meet with the top entrepreneurs in the hemp and cannabis industries.

Sources:

New Frontier Data: U.S. Cannabis Sales Could Total $71B in 2030 Without Federal Legalization, found within the 2023 U.S. Cannabis Report by New Frontier Data (published 3/22/23)

The Texas Politics Project, University of Texas Austin (12/19/22)

Texas Legislative Issues, Marijuana, University of Houston (2/2/23)

Marijuana Moment: Missouri Sold More Than $1.3 Billion Worth Of Legal Marijuana In 2023, State Figures Show, by Ben Adlin (published 1/22/24)

Event Venue

Austin, United States