CANNABIS, STOCKS
Matthew Karnes
Founder and Managing Partner,
GreenWave Advisors, LLC
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About Matthew
Matthew (Matt) Karnes has over 20 years of diverse finance and accounting experience. Prior to founding GreenWave Advisors LLC, he worked in equity research focusing on the radio broadcasting and cable television industries for First Union Securities. Mr. Karnes also covered satellite communication at SG Cowen, and in addition, worked with the top-ranked consumer internet analyst at Bear Stearns & Co.—this team was consistently recognized by Institutional Investor's "All America Research Team". As a sellside equity analyst, he authored and co-authored numerous emerging industry research reports including such names as Google, Sirius, XM Satellite Radio, DIRECTV, and EchoStar Communications.
Matthew's Videos
As individual states debate the efficacy of current legislative statutes or contemplate initial legalization referendums, lab testing requirements of cannabis products have become an increasing subject of concern.
With an eye forward to eventual federal rescheduling or possibly delisting, it is reasonable to assume that uniform national testing and operational standardization protocols could eventually be implemented at least as a baseline binding thread that will steadfastly assure consumers of an expectant consistency of product. Lab testing services therefore, appears to us as a prime target for investment capital aimed at securing a durable enterprise presence in the evolving cannabis industry.
With an eye forward to eventual federal rescheduling or possibly delisting, it is reasonable to assume that uniform national testing and operational standardization protocols could eventually be implemented at least as a baseline binding thread that will steadfastly assure consumers of an expectant consistency of product. Lab testing services therefore, appears to us as a prime target for investment capital aimed at securing a durable enterprise presence in the evolving cannabis industry.
Matthew Karnes
CANNABIS
16:56