Prohibition Partners LIVE announces ProCapital, a partnership with MAZAKALI

While the coronavirus pandemic has driven great uncertainty in the global markets, the cannabis and psychedelics sectors are continuing to drive investment. Recently, the German biotech and psychedelics company ATAI, backed by Peter Thiel, successfully raised US$24 million from its investors, with the psychedelics firm MindMed raising US$24.2 million before moving to go public in early-March. Investors are continuing to support these private companies while volatility in the public equity markets has remained at elevated levels throughout this pandemic.

“It is a turbulent time for the industry. Severe limitations are being placed on travel, mobility and the natural operations of the cannabis supply chain. However, we continue to learn, educate and innovate in a bid to deliver real value to delegates from every corner of the globe. With uncertainty brewing across the market we are bringing together the global industry to help provide clarity. That is why we are delighted to be working with MAZAKALI, who have demonstrated clear market leadership in the US investment landscape.“ explained Stephen Murphy, Group Managing Director of Prohibition Partners after announcing the partnership.

“Against a backdrop of industry consolidation, physical distancing has also promoted exploratory travel across vast, virtual bridges of cooperation. ProCapital is born of the idea that synergistic partnerships accelerate efficiency gains, and that quality global education, networking and investment will fuel this classic emerging market through its next growth stage. Sustainable value based on core fundamentals has replaced temporary euphoria-driven pricing, a return of rationale welcome to investors exploring what might prove to be the best performing asset class in the decade ahead.” - said Sumit Mehta, Founder and CEO of MAZAKALI.

Pivotal timing for the US cannabis movement

ProCapital will showcase industry leaders from the US at what may prove to be a pivotal time for the US cannabis industry. The United States is already home to the world’s largest legal cannabis market, California, and yet the plant remains illegal at the federal level. As elections approach, polls indicate that over two-thirds of Americans would support cannabis legalization.

The two-day ProCapital stream will take place during Prohibition Partners LIVE, on 22-23 June, 2020. Powered by MAZAKALI’s Digital Capital Investment Platform, ProCapital will offer curated opportunities and broker/dealer supported investment flow within the plant-based medicine (PBM) space. Licensed Investment Advisors will provide investors with the education and tools needed to build and implement optimal investment portfolios across cannabis and psychedelics.

Attendees can expect to hear perspectives from leading investors, politicians and cultural leaders. Delegates will have the opportunity to ask questions, schedule meetings, and make direct investments into curated and broker/dealer approved private companies through the MAZAKALI Digital Capital Portal.

Super early-bird tickets for Prohibition Partners LIVE are on sale now. To view the full agenda for ProCapital, as well as the other Prohibition Partners LIVE event streams, click here.

Apply to pitch at the summer’s most influential global cannabis and psychedelics event:

• CLICK: Set up an “Issuer Account” on the MAZAKALI Digital Capital Portal
• SELECT: Pitch @ Prohibition Partners LIVE application
• BEGIN: Submit application online by June 1st deadline
• RECEIVE: Your MAZAKALI Investment Committee decision within 5 business days