“Capital is flowing with reckless abandon”
“A state mandated oligopoly” (Photo by Scott Olson/Getty Images)
“Capital is flowing with reckless abandon,” says Stephen Miles, CEO of Chicago-based Sharp Capital Advisors. When’s the last time, he asked rhetorically, that a consumer packaged goods industry could grow to $80B in annual revenue from scratch?
He’s not the only one to take notice, of course. In recent weeks, numerous multi-state operators (MSOs) have done nine-figure private raises as they look to establish themselves as market leaders in the most promising state markets.
As a longtime deal advisor specializing in mid-market firms . . .
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