The California-based cannabis extract producer PaperPlanes has one major problem: a lack of liquidity, CEO Paul Weiss told Benzinga’s Market Spotlight: California conference Thursday. “Liquidity is the key and there’s very little in the system right now,” he said. As a smaller producer, Weiss said PaperPlanes has a different objective than large cannabis companies and is not subject to macro trends. “You’ll hear a lot of talk about how terrible and difficult things are in California. We aren’t really experiencing that,” Weiss said. “We actually think it’s a very fertile place and we see the fu…
