Predict your next investment

Venture Capital

See what CB Insights has to offer

Investments

1

About Moses Ventures

Moses Ventures is a Connecticut-based investment fund started by Danny Moses.

Moses Ventures Headquarter Location

Connecticut,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Moses Ventures News

4 Cannabis Investors Share Their Predictions For Industry's Future

Jan 17, 2019

"Following" : "Follow"}} Share: Wall Street will be doing billions of cannabis business in the next two years. That’s according to Danny Moses of Moses Ventures, who joined an investor panel moderated by CNBC contributor Tim Seymour at the 2019 Benzinga Cannabis Capital Conference , a two-day gathering of C-Suite executives, investors, thought leaders and other representatives from some of the most intriguing public and private companies in the space. Moses, one of the traders highlighted in Michael Lewis’ “The Big Short,” said he initially became interested in cannabis by looking for companies to short. The more research he did, the more bullish he became. “The wellness aspect of hemp/ CBD is the most exciting part of it,” he said. “I mean it works for epilepsy — how many things do you hear about that actually work scientifically? So I’m about the wellness application for it. I’m excited that 80 years of bad laws are being turned over. I think it’s exciting and I think we’ll see a lot of deals.” The STATES Act A common discussion point of the day was the Strengthening the Tenth Amendment Through Entrusting States Act, or STATES Act. The bill, which could get pushed through Congress this year, would allow states to regulate their cannabis laws without the federal government's involvement. “The STATES Act, whatever it contains, it sounds almost like it’s the cure-all,” Seymour said. Not everyone agreed. “It’s completely crazy. Women wouldn’t have come up with these rules, I’ll tell you that much,” said Jeanne Sullivan, general partner at Arcview Ventures. “Let’s fix the banks [first]. This is the dumbest thing going, that we don’t have real banking that can handle these products. Let’s fix that first.” Sullivan said she believes the Trump administration will remove cannabis from the DEA's Schedule I list. “It’s going to get pulled off the Schedule I. There’s no doubt in my mind or with any of us who follow this hour by hour. So that’s going to pull things along, but let’s get banking done first.” 'The Wall Of Capital Is Coming' Now is the time to focus on growth and expansion in the U.S., according to Sean Stiefel, portfolio manager at Navy Capital “The [valuations] are way too low," he said. “Your mom, sisters and brothers will be able to name brands by this year. "  Social equity will be a big-ticket issue in cannabis, especially with celebrities, Stiefel said. MTech Acquisition Corp. (NASDAQ: MTEC ) CFO Tahira Rehmatullah projects that the trend of consolidation in the space — there were 350 cannabis M&A deals in 2018 — will continue in 2019. In her view, ancillary companies, especially ones that can increase efficiency and yield, will be the most sought-after. “It makes sense, because everything has been so fragmented for so long," Rehmatullah said. “Companies are starting to seek where they have logical alliances that make both companies better and make economies of scale where everybody was trying to shoulder the burden by themselves before.” Related Links:

Moses Ventures Investments

1 Investments

Moses Ventures has made 1 investments. Their latest investment was in Amara Organic Foods as part of their Seed VC on January 1, 2020.

CBI Logo

Moses Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/3/2020

Seed VC

Amara Organic Foods

$2M

Yes

Pharmapacks, and Undisclosed Investors

2

Date

1/3/2020

Round

Seed VC

Company

Amara Organic Foods

Amount

$2M

New?

Yes

Co-Investors

Pharmapacks, and Undisclosed Investors

Sources

2

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.