There might be nothing hotter than the cannabis market right now, except for the incubation-type, small investment banks. Nitin Khanna, the once-CEO of Cura Cannabis, is now the CEO of Mergertech, a Portland, Oregon-based small investment banking firm. Cannabis seems to be a hot commodity on the West Coast and the greater Pacific Northwest market, so Nitin Khanna might be a touch clairvoyant as the history books might illustrate. The Portland market, an area that is very cannabis friendly, might just be the best place to start a cannabis-based business, as Nitin Khanna did. That same Portland market, however, is not exactly a hot bed of investment banking action. Under the auspices of Mr. Khanna, this Oregonian city just might start to see some more investment banking interest.
Early on, growing up as a young man with an entrepreneurial spirit in India, Mr. Khanna was showing signs of having some special skills regarding startups. He spent some time around a cement company, as well as a motorcycle parts manufacturer, and he made note of what he saw and experienced. It has been said that many of his philosophies on business were born in those early days back in India as Nitin was developing his interests based on how these concerns were run.
It is not surprising that Mr. Khanna went to the Lawrence School in India, which has the motto “never give up,” where as a young man he continued to experience development, in both education and his evolving business philosophies. Taking all he learned in those early years in India, he eventually would create “Saber,” a tech-giant that over 10 years became a provider of state government solutions. This company that Mr. Khanna started would eventually have revenue of over $120 million, and that which he sold for over $450 million. It was the experience with mergers and acquisitions while running Saber that led him to develop “MergerTech,” the small investment banking startup he created in Oregon. Cura Cannabis, his venture that he started in Portland in the years after the Saber sale, and today that company is one of the best cannabis oil providers in the nation. Based on all of Nitin Khanna’s successes, we are likely to hear a lot more about MergerTech going forward.
Find out more https://www.imdb.com/name/nm6550997/