Marijuana Investment Conferences founder dies of cancer
Stuart Maudlin has lost his battle with cancer.
Maudlin is the founder of Marijuana Investment Conferences, a venture aimed at educating people about the newly emerging cannabis markets in the U.S.
Most recently a conference in Houston had to be rescheduled due to his deteriorating health. Earlier this week he died.
He had been living with cancer for some time and organized the Banana Club, described to his friend John Beddow as a network of go-getters, caretakers and dear friends who, through selfless acts, set high standards for cancer-assist programs. They were there for driving, logistics, food and health, all while providing incredibly skilled and sound medical advice.
The conference is set to be taken over by Dutchess Capital, a global investment fund manager that provides capital to public and pre-IPO companies worldwide, and organizers aim to hold it on October 5 and 6 in Houston. For more information about the conference click here.
“We are pleased to be part of Marijuana Investment Conferences’ inaugural event,” said Douglas Leighton, managing partner of Boston-based hedge fund Dutchess Capital. “For Dutchess, it was fitting to step in to ensure the continuation of this event. We recognize the value that conferences bring to this industry for both companies and investors. Dutchess has made several investments in cannabis companies — including two of our portfolio companies, Mass Roots and American Cannabis Company (otcbb:BIMI) — initially introduced to us through conferences such as this. We look forward to this event as an opportunity to increase our reach within the industry and potentially broaden our portfolio.”
“We want to bring investors together with companies who will provide products and services that will be involved in the growing, harvesting and selling of legalized marijuana,” said Stuart Maudlin, CEO, Marijuana Investment Conferences. “Companies that provide accounting services, banking and payment processing, consultants, hydroponics and cultivation production, infused products and edibles providers, insurance, packaging, security systems, software, point-of-sale systems, testing and lab services should attend as well as growers and sellers.”
There will be a special tribute to him on the first day of the conference.
“Stuart Maudlin was best characterized as indomitable, not only because of his relentless battle with cancer but also for bringing this conference to Texas,” said Gold Darr Hood, conference coordinator, MIC. “Thanks to Dutchess Capital’s investment, the conference will be what Stuart had originally envisioned — the place where entrepreneurs and businesses can connect with a new swath of investors to participate in the new economic driver that is the legalized marijuana industry. We are excited about our first event and even more excited about what the future holds.”
The inaugural conference will feature networking opportunities, breakout pitch sessions and an industry overview talk by At Prohibition’s End author Tony Alfiere.
Click here to get a full story on the life of Maudlin, given in perspective by Beddow.