Matt Karnes
Matt Karnes
Matt Karnes is the founder of GreenWave Advisors, which provides institutional quality financial research and analysis for the legal Cannabis industry. Prior to founding GreenWave Advisors LLC, Matt worked on Wall Street as an equity analyst at Bear Stearns and at a New York City based hedge fund. Prior to his career on Wall Street, Matt held various finance and accounting positions including PriceWaterhouse Coopers and Deloitte as well as at Texaco Inc. where he worked throughout the U.S., Europe, The Caribbean and Asia.

A Little More Country, But Getting Ready to Rock and Roll

We revisit our industry thesis and from 2014, assess where we are today, and look ahead to where we think the industry is going.

The continuing trend of individual state approvals of cannabis use…

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AG Jeff Sessions: One Step Back, Two Steps Forward

Attorney General Jeff Sessions – does any bite come with all his barking?

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Mid Year Economic Update

Our midyear review of the Legalized marijuana market affirms our expectation that 2016 retail sales are on track to meet or exceed $6.5 billion. We reiterate our forecast for annual sales to reach $25 billion by 2020. These estimates are largely predicated upon the success this November of ballot initiatives to fully legalize marijuana in […]

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2016 And Beyond

As we close the books on 2015 and look to the future, we thought it would be beneficial to outline short, medium and long term trends to watch that we believe will affect marijuana industry growth. The velocity and breadth of growth in the marijuana industry will in most part be determined by the pace […]

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