The cannabis industry is growing exponentially, yet businesses are struggling to secure the funding necessary to start up and grow.

"The reality is that there's very, very little new capital entering the space right now."

That's according to Matt Hawkins, the founder and managing partner of Entourage Effect Capital, who joined the Benzinga Cannabis Capital Conference Tuesday in Chicago, Illinois, to talk about investment risks and opportunities in the cannabis space.

Hawkins joined three other investing experts – Todd Harrison, CB1 Capital’s founding partner and CIO, Emily Paxhia, Poseidon Asset Management LLC’s managing partner and co-founder and Joseph Skoff, the managing director of institutional equity sales at Canaccord Genuity Inc. – in a panel discussion moderated by Tim Seymour, the founder and chief investment …

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