In an encore of The Business Beat, Steve Jones-D’Agostino interviews Leslie Bocskor, president of Electrum Partners. They talk about the bottom lines of medical marijuana. Thjis episode aired originally on October 9, 2016.
Most folks in the cannabis industry for any length of time know Leslie Bocskor by face, name and for his exuberant laugh and immaculate three-piece suits. But don’t be fooled by his formidable frame.
According to the website of Electrum Partners, … “[T]his Transylvanian-descended Renaissance man does not intimidate. He leads by example by embracing an open-source collaborative model unrestricted by time zones and geographies. His boldness enables him to assume a leadership role, mentor, and share the spotlight with other leaders, and fuel the industry’s ascent to a global financial and social phenomenon.”
Bocskor is an American entrepreneur, philanthropist, business executive, investment banker, and business advisor. After starting his career in finance and investment banking, in the 1990s, he began investing primarily in internet and new-media properties- later expanding into science, cyber-security, and internet gaming.
He also co-founded and headed a number of technology companies. In 2013 he became founding chair of the Nevada Cannabis Industry Association, and he co-founded Electrum Partners in 2014, becoming a managing partner. The firm develops strategies for the expansion of the legal-cannabis market, and also operates a venture-capital fund focused on cannabis-related companies.
In a related matter, Massachusetts voters were asked during the general election on November 8 to decide on Referendum Question 4, a law proposed by initiative petition. They approved the question, with 53.6 percent voting "yes" and 46.4 percent voting "no." The proposed law would permit the possession, use, distribution, and cultivation of marijuana in limited amounts by persons age 21 and older and would remove criminal penalties for such activities. It would provide for the regulation of commerce in marijuana, marijuana accessories, and marijuana products and for the taxation of proceeds from sales of these items.