August 2018

Jason Paltrowitz is the executive vice president of corporate services at OTC Markets Group in New York. Photo courtesy of Jason Paltrowitz Pete Kadens is CEO at Green Thumb Industries in Chicago. Photo courtesy of Green Thumb Industries • INDOOR AIR: Controls mold, mildew, and odor • WATER: Eliminates pathogens while adding oxygen (ozone’s only by-product) • WASTE WATER: Contaminate control and BOD/COD reduction • SURFACE DISINFECTION: Eliminates harmful microbes on all surfaces ClearWater Tech Ozone Purification Systems are the most effective and sustainable tools available to manage multiple issues within a grow facility. Providing superior disinfection of the water and air, ClearWater Tech’s systems clean and disinfect surfaces, equipment, recycling water for reuse, and control odor in and around the facility. THE INDUSTRIES LEADER in SUSTAINABILITY for your WATER and AIR MANAGEMENT since 1986 PROVIDING SUPERIOR ODOR AND MILDEW REMEDIATION FOR YOUR CANNABIS GROW FACILITY Contact ClearWater Tech today and let one of our experienced application engineers help you select the proper system for your cannabis facility. CIP Panel-Mount C1-Series Mobile Cart LAS VEGAS | NOV. 14-16 BOOTH 1700 2018 eliminate sub contractors that use harsh chemicals , and safely disinfect your own facility with ozone you produce on site . ClearWater Tech, LLC 800.262.0203 | 805.549.9724 | sales@cwtozone.com | cwtozone.com 2. Consider Canada Versus the United States For now, U.S. plant-touching cannabis companies remain blocked from trading publicly on the largest exchanges – including the Nasdaq and New York Stock Exchange – because of marijuana’s federally illegal status. Instead, many U.S. cannabis startups have turned to the over-the-counter markets, where reporting restrictions are less stringent and the process can be less time-intensive and costly. According to OTCMarkets Group, the number of cannabis firms trading in the top two venture markets – QTCQX and QTCQB – has grown to nearly 90 companies this year compared with 53 in 2015.The cannabis sector now accounts for $6.4 billion in overall dollar volume and more than 6% of total securities traded across those two markets. But because of the lighter regulatory thresholds, OTC markets attract less interest from major institutional inves- tors – limiting the potential sources for raising capital. Increasingly, companies looking for larger injections of capital are seeking out listings on Canadian exchanges, where public cannabis firms raised nearly $3 billion in the first quarter of this year, according to market data. August 2018 • Marijuana Business Magazine • 51