The Nevada MMJ Opportunity: An Interview with Greg Obbink

Nevada is often mentioned as one of the more attractive opportunities in the medical marijuana space.  Our webinar with Rob Hunt, President of GrowLife Hydroponics (PHOT) earlier this week confirmed this.  For those who missed it, the presentation and Q&A or a 8-minute synopsis are available at your convenience.

Greg Obbink is like many young entrepreneurs chasing the Green Rush.  He and his company Lvl Up Management, where he serves as CFO and Chairman, are pursuing the opportunity in Nevada, and I thought his perspective could help us to better understand the landscape.  Please note that while his company is pursuing capital, this should not be construed as a solicitation in any manner.  The interview closes with Greg's contact information should you wish to learn more.

How did you get involved in the medical marijuana market?

The excitement of anew sector being added to the economic system is the primary reason why the consideration was made to actively pursue such a venture.  Any time such a change takes place, it offers such an opportunity for a much smaller player to enter into a market and become highly successful.  As industries form and plateau, economies of scale take place and usually create a significant difficult barrier of entry. Another reason why our group is pursuing such a venture, is the oligopolistic market that is essentially being created by the State of Nevada by placing a numerical limitation on the amount of dispensaries allowed to operate. We believe that entering into such a market will allow us to specifically define our competition and through proper strategical measures become an industry leader early on.

Tell me more about your company and the other people involved?

Lvl Up Management Group is an asset management and business development firm.  The two companies that we are ...

Read More
Comments

$MJNA - Thoughts on the SEC Inquiry

MJNA is tanking hard.  Beyond stop-losses being triggered, there are many potential fundamental reasons - weak Q3 results, the CANV dilution, the product safety accusations and the SEC inquiry (as of June 17th and disclosed in August through the OTC ...

Read More
Comments

MJNA: Why I Say Sell

I have followed Medical Marijuana, Inc. (MJNA) closely for 9 months.  It has been a story that has disgusted me as far as the lack of transparency and the poor corporate governance but also one that has offered hope, as ...

Read More
Comments

Friday Fraud Find

One of the stocks that I have been warning folks about for several months is AVT, Inc. (AVTC).  So far, I believe that my warnings have been not only helpful but for the right reasons.  Here is the chart:

I ...

Read More
Comments

Three Companies Capitalizing on Cannabis Right Now

One thing 2013 has taught cannabis investors is that not all pot stocks are the same.  At 420 Investor, one of our goals is to separate the proverbial flower from the stem as we identify the companies that have potential ...

Read More
Comments

Diego Pellicer: Leading the Charge To End Cannabis Prohibition

420 Investor had the great pleasure of hosting Jamen Shively, founder of Diego Pellicer, for two fascinating webinars.  One our four pillars of our service is to bring our subscribers outside experts and industry leaders, and we started at the ...

Read More
Comments

MJNA Launches CBD Drops

For all you MJNA fans, I just got an email from HempMedsPx - with a broken link!  Still, one can get to the order site.  Here is the first offering, and it's a Dixie Botanical knock-off, as I had ...

Read More
Comments

MCIG: Here is the mCig

Good news:  My mCig just arrived

Bad news:  I really have no idea what to do with it!

Here it how the package looks:

The instructions on the back have misspellings and are missing some letters on the far right ...

Read More
Comments

Does Medical Marijuana, Inc. (MJNA) own Dixie Elixirs?

One of the biggest misconceptions in the cannabis investing sector is the belief that Medical Marijuana, Inc. (MJNA) acquired the Colorado-based Dixie Elixirs & Edibles in 2012.  Nothing could be further from the truth.  If you already know this, then ...

Read More
Comments

New Reverse Merger In Cannabis Space Worth Getting To Know

Earlier this week, I was approached by Paul Rosenberg, CEO of mCig, which recently reverse merged with Lifetech Industries.  He was impressed with my interview of Sterling Scott   CEO of GrowLife (PHOT), and wanted to tell me his story. ...

Read More
Comments

Bankrate - Pot Stocks: Don't Do Drug Scams

I was quoted in a recent article examining the FINRA warning on pot stocks:

"That is the message of FINRA: Be careful. There are people out there that are focused on marijuana stocks because they are hot," says Alan Brochstein, ...

Read More
Comments

Pre-Launch of 420 Investor

If you are like me and think that the rapidly changing regulatory landscape and public opinion about marijuana will unleash tremendous investment opportunities, then you want to understand the players, the challenges they face and the potential rewards to those ...

Read More
Comments