Legal cannabis is big news lately and Nitin Khanna got in on the industry early through Cura Cannabis. While he may not be the Chief Executive Officer of the company anymore, he is still involved with it on other levels. The entrepreneur is also busy holding down positions at MergerTech, Hoist Fund, ad Maxonix where he is the CEO, Partner, and President, respectively. In 1993, he graduated from Purdue University with Master’s in Industrial Engineering and before that he had earned his bachelor’s degree at the school. Legal marijuana is growing quickly around the United States and Nitin Khanna believes that now is the best time to invest in the industry as quickly as possible in order to see the most returns.
Not only is marijuana growing in the United States, but it has also become big business in Canada as well who just legalized the substance recreationally across the board. While raw marijuana will always be popular, Nitin Khanna s also seeing a great deal of potential when it comes to edibles and extracts as well. It’s important not to overlook those type of investments. As more areas legalize marijuana, the stigma on the substance will continue to decrease which makes it even more likely to produce revenue. Marijuana has been a big business even when it was still illegal and there isn’t a real way to figure out just how much the industry will be worth later on.
Nitin Khanna has seen cannabis change the lives of people with chronic pain and other health issues without the use of more addictive medication. As the CEO of MergerTech, he has assisted several companies in buying and selling businesses. He came up with the idea to start his own company like this after selling Saber, a company he co-founded, for a great deal more than what it was initially valued. He is frequently making investments in the cannabis industry and doesn’t look to be changing that any time soon. He truly sees it as a market with a great deal of opportunity for everyone involved as it can truly help people.