Comprehensive independent research and financial analysis of the emerging legalized cannabis industry

Advisory Board

Raymond Katz

Ray Katz has served a combined 20 years as one of Wall Street’s most influential equity analysts with tenure at Lehman Brothers and as Senior Managing Director, Bear Stearns & Co where he led its media equity research team.  Additionally, over the course of his Wall Street career, Mr. Katz was repeatedly voted by his clients to serve as a member of Institutional Investor’s All-America Research Team for his coverage of the cable television and entertainment sectors.  From 2010 to 2015 Mr. Katz was Director of Equity Research at Guggenheim Securities, a startup broker dealer in New York City, where he built the research platform from a standing start.

Prior to his Wall Street career Ray was a financial executive at CBS, Inc. where he was a cost analyst at CBS Music, the Director of Operations & Engineering Finance for the CBS Television Network, and Director of Strategic Planning for the CBS Broadcast Group.   In the latter position Ray was also responsible for M&A, ran a cable system in Texas, managed the financials of the international syndication business, and managed departments aggregating a headcount of 110. Ray has a BA from SUNY Albany, and MA from CUNY, and an MBA from NYU’s Stern School of Business.


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