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Florida’s Growing Cannabis Market to be Next Topic of Discussion for Exit Planning Exchange

The South Florida chapter of the nonprofit, Exit Planning Exchange (XPX) announced its latest event to address one of the hottest topics and growing business sectors: marijuana. “The Cannabis Market – A Growing Opportunity or Up in Smoke?” will last from 5:30 p.m. to 7:30 p.m. on Tuesday, Nov. 2, at the Ft. Lauderdale Yacht Club.

The event will feature an executive-level panel discussion on the trends, evolving legal landscape, investment tax and financial implications of today’s cannabis industry.

“This is an incredibly timely topic as Florida’s medical marijuana industry has continued to explode since voters approved it in 2016,” says Charles Faron (pictured), XPX South Florida chapter president and managing director of Ewing Hill Advisors, Inc.

Rana Gorzeck, an XPX Board member and partner at Ward Damon law in West Palm Beach, added, “This should be an insightful and informative discussion, as well as an opportunity for those interested in the exit planning space to connect and network.”

Panelists include the following:

  • Abner Kurtin is the Founder and Chief Executive Officer of Ascend Wellness Holdings (AWH) and the Portfolio Manager for JM10 Partners Fund, the latter of which operates two private equity funds that invest growth capital into the cannabis industry. 
  • Tiffany Liff is the co-founder of Entourage Effect Capital and has been a successful cannabis investor since 2017. With more than 20 years of leveraged finance and M&A experience, Liff currently manages EEC’s portfolio of investments in over 40 companies for all of its funds and SPVs.
  • Jeffrey Pheterson is a partner at Ward Damon in West Palm Beach who focuses on labor and employment law, business and corporate law, healthcare and complex commercial litigation. Pheterson and the law firm represent business owners and businesses, including prospective operators and applicants for medical marijuana treatment center licensure in Florida.
  • Todd Sherer is a First Vice President at Valley Bank, where he is responsible for new business development for specialty clients, particularly in the cannabis industry. A frequent speaker at many of the cannabis industry’s major events, Sherer was previously the Director of Business Development for Kind Growth Capital, where he provided over $100 million in debt financing to leading cannabis companies in the US.

 

The event’s presenting sponsor is Nperspective CFO & Strategic Sponsors, the welcoming sponsor is Ward Damon and the desert sponsor is Valley Bank. The South Florida chapter of XPX was founded in 2020 to bring together a diverse range of advisors who collaborate to help private businesses move toward a successful exit strategy.

To learn more or to register, visit https://www.exitplanningexchange.com/event/4384440/. Member and non-member rates are available, starting at $45 with early bird registration by Oct. 18.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.