The newly signed executive order to direct the FDA to fast-track these compounds through new "National Priority" vouchers.

Beyond psychedelics, the host discusses the impact of GLP-1 weight-loss drugs (like Ozempic) on the cannabis market, noting that dispensaries are seeing a shift in consumer preference toward lower-dose products to mitigate "the munchies."

This shift toward a more mature market coincides with significant legal and scientific developments: the District of Columbia is currently citing federal appellate rulings to defend its licensing framework against constitutional challenges, while recent research highlights that THC can impair memory to the point of creating false recollections.

 Furthermore, economists warn that while legalization has spurred a wave of innovation, much of it is focused on commercial expansion rather than genuine public health benefits.

In a move toward increased oversight and efficiency, a state legislative committee has passed a plan to downsize and restructure the Cannabis Control Commission, signaling a major pivot in how the state manages its legal market. 

This push for reform arrives at a precarious time for the industry, underscored by the news that a major marijuana Multi-State Operator (MSO) has filed for U.S. bankruptcy protections. 

These developments highlight a dual trend of tightening governance and financial instability among the sector's largest players, suggesting that the "green rush" is entering a more sober, disciplined era of consolidation and reform. 

While Governor Kathy Hochul lauds the state’s achievement of $3.3 billion in total sales and the opening of its 600th licensed dispensary, the program highlights a more turbulent reality behind the numbers. Industry experts and operators share insights on the "whack-a-mole" battle against a rampant illicit market, the "red tape" and bureaucracy stifling small businesses, and the ongoing struggle to fulfill social equity promises amidst predatory loans and licensing bottlenecks.

From critical BBC reports to exclusive interviews with OCM leadership, this summary explores whether New York's green revolution is truly flying high or simply struggling to find its footing.

We break down the newly proposed CLIMB Act, a bipartisan bill aimed at finally opening major U.S. stock exchanges and private lending to state-sanctioned marijuana businesses.

While federal deregulation remains in a "ghost town" phase of waiting for DOJ action, we highlights how these financial hurdles currently stifle minority and veteran-owned entrepreneurs.

We call out the "misinformation machine" funded by Big Pharma and shifts the focus to the real story: new evidence linking legalization to crime reduction and the definitive countdown to Virginia’s retail market launch in 2027.

He highlights the human impact of these products—sharing moving stories of how they serve as vital alternatives to pharmaceuticals—and introduces his "out-of-the-box" beverage brand, Nine Dot, which aims to normalize cannabis consumption in social settings. Ultimately, Spang issues a passionate call to action for lawmakers to listen to their constituents and embrace the economic and wellness potential of a transparent, well-regulated hemp industry.

The debt crisis is separate from 280E tax liabilities, rooted in market volatility (like the sharp price drop in Michigan) and poor financial projections made by both operators and lenders. For operators facing default, the critical advice is to make an early decision: either cooperate with the lender's efforts or fight, recognizing that fighting carries the high risk of multi-million dollar personal judgment liens due to personal guarantees (PGs) on the loans.

Experts stressed that honesty and transparency are paramount; struggling companies must openly communicate their financial position with existing lenders and be upfront with initial equity investors about the likely washout of their investment.

Experts agreed that moving to Schedule III, while providing significant tax relief through the repeal of Section 280E, would not immediately open the floodgates to traditional banking services or major PE funds due to continued federal illegality and existing 'sin clauses' in investment documents.

The current influx of specialized lenders and PE is largely driven by necessity, as distressed operators default on unsustainable loans, forcing lenders to take over assets they cannot easily resell.

The discussion centers on Salome's personal advocacy, which was ignited after witnessing the therapeutic benefits of cannabis in treating his mother's ovarian cancer, fueling his mission to champion natural alternatives. His legislative work was pivotal in incrementally legalizing low-THC oil access and establishing in-state production and distribution in Georgia.

Key topics addressed include the ongoing struggles with federal regulatory clarity regarding hemp, the threat posed by potential bans on hemp extract products to small businesses and the legal market, and the critical need for federal reclassification of cannabis. 

The $2 Billion Tax Windfall The program leads with a deep dive into the potential rescheduling of cannabis from Schedule I to Schedule III under the Controlled Substances Act. Experts estimate that rescheduling could result in a $2.3 billion tax break, allowing businesses to finally show healthy profit margins, attract traditional investors, and move away from high-risk private capital.

Cannabis as a Tool in the Opioid Crisis The discussion then shifts to a significant study from the Boston University School of Public Health. Research indicates that in states where adult-use cannabis is legal, daily opioid use among people who inject drugs fell by 9 to 11 percentage points.

Brain Benefits for Older Adults Finally, the episode highlights surprising new research from the University of Colorado regarding cannabis use in adults over 40. Contrary to long-standing stereotypes of cognitive decline, the study of over 26,000 participants found that moderate cannabis use—often for sleep or chronic pain—was associated with larger brain volumes in certain regions and better cognitive function (including improved processing speed and attention).

This "re-launch" episode marks a strategic shift as the program absorbs its companion series, Grassroots Marketing, to create a single, centralized home for long-form interviews and expert insights.

The discussion quickly moves to the critical news shaping the year, specifically analyzing the slow and uncertain process of rescheduling cannabis to Schedule III following an executive order by President Trump.

From the looming federal hemp ban extension to the cultural surge of THC-infused beverages during "High January," showcases how the industry is pivoting toward mainstream acceptance while still grappling with a dire need for better medical research and physician education

Hart details that Green Check Verified facilitates banking by providing compliance data to financial institutions, enabling services beyond deposit accounts, and anticipated that the potential reclassification of cannabis to Schedule 3 will unlock traditional banking services, reduce capital costs, and attract major players from other industries.

Winstanley emphasized the dire economic consequences for farmers, noting that recriminalization would wipe out a $6.6 billion industry, and argued for a six-month extension to the November 2026 deadline to prevent farmers from harvesting useless crops.

As a political concession to preserve the category, he suggested a focus on codifying the market with a 5-milligram per serving limit for hemp edibles. 

This historic shift, which follows a bipartisan initiation process started by the Biden administration, formally recognizes the plant's medical benefits for the first time in over 50 years.

Beyond rescheduling, the order explores directing Medicare to cover CBD products and encourages Congress to pass the Safer Banking Act to grant legal businesses access to traditional financial institutions.

Industry experts anticipate the move will eliminate the heavy federal tax burdens of IRS Code 280E, spark a surge in clinical research, and skyrocket institutional investment. While the President emphasized that this is not full federal legalization, the order opens the door for future clemency for non-violent offenders and marks a significant step toward ending the stigma of prohibition.

While the move is seen as a beneficial step for research, both speakers and the National Organization for the Reform of Marijuana Laws (Normal) prefer full declassification, expressing concern that reclassification could stall further reform for decades.

They also detailed the expected regulatory complexities of a Schedule III move, including the possibility of prescription requirements for dispensaries, as well as the ongoing challenge of creating accurate workplace and roadside impairment tests. 

He introduced Litix Legal's model of "killing the billable hour" through flat, subscription-based rates, making legal services more accessible and predictable for businesses burdened by costs like Section 280E.

Hurley cautioned that exploiting the intoxicating hemp loophole threatens voter trust and the industry's future. He expressed cautious optimism about federal Schedule III reclassification as a positive step.

Latham breaks down their strategy of fusing synthetic cannabinoids and well-characterized active drug components to target chronic conditions with significant unmet needs, emphasizing a robust intellectual property position and synergistic drug action.

Paul explained the company’s bifurcated cannabis strategy, focusing on Teapot for mainstream consumers and Emerald Hour for experienced users, capitalizing on the gummy category's larger market size compared to beverages.

We also covered the market validation of cannabis beverages, the high-growth demographics of younger consumers and women driving sales, and the importance of national regulation—rather than prohibition—for a sustainable industry amidst challenges from groups like the Beer Institute.

Rund's company, Higher State Brands, focuses on technology and beverages, including dispensary software and a hemp-derived protein drink, aiming to position cannabis as a wellness product. He advocates for student voices and university partnerships in cannabis research. 

discuss the company's shift in its pricing model. Leaf Link is reverting from an unpopular usage-based structure back to a flat-fee structure and simplifying its product tiers from three to a Starter and a Pro package.

We also discuss Ashwin's background in scaling commerce and fintech platforms at companies like Visa, Amazon, and Lyft, explained Leaf Link's strategy to use technology to navigate the cannabis industry's complex regulatory environment.

This includes providing tools for compliance, order and inventory management, sales processes, and financials. Leaf Link is also sunsetting the previous "post model" to introduce a new financial services strategy that guarantees payment to sellers and offers retailers options like Flex Pay through Leaf Link's Dharma banking service, while focusing on methodical technology partnerships to improve integrations.

Daniela detailed how PEOs like Paylient manage HR complexities, ensure compliance with labor laws, and mitigate risks through a co-employment model, allowing businesses to offload administrative tasks while retaining operational control.

She further explained that Paylient enhances employee morale and retention by providing Fortune 500-level benefits and HR technologies, offering significant benefits to small businesses, and differentiating PEOs from ASOs by providing shared liability and EPLI.

We cover the market's rapid growth, compliance and regulatory hurdles, the crucial role of Dr. June Chin, the new Chief Medical Officer at the New York State Office of Cannabis Management, and the modernization of medical cannabis programs.

SKV also highlights strategies for integrating legacy operators into the legal framework and the importance of curated networking to drive industry success. Discover actionable insights to navigate this complex yet opportunity-rich landscape.

This lawsuit challenges the constitutionality of the Georgia Hemp Farming Act (SB 494) due to federal preemption, burdensome licensing requirements, and significant revenue losses experienced by businesses.

The Georgia Hemp Farming Act (SB 494) is a law that significantly tightens regulations on the hemp industry in Georgia. The amended 2019 bill, which went into effect on October 1, 2024, introduces strict new requirements for businesses, including mandatory licensing for growers, processors, manufacturers, and retailers. It also bans the sale of certain products, such as smokable hemp flower and various THC-infused foods, and restricts sales to individuals 21 and older. Furthermore, the law mandates new labeling, packaging, and testing standards for all hemp products sold in the state.

The lawsuit, Grassroots Association, Inc., et al. v. State of Georgia, argues that SB 494 is unconstitutional because it is preempted by the 2018 Farm Bill. A key point of contention is the state's new licensing and product testing requirements, which many business owners claim are overly burdensome and have significantly hurt their revenue. The law also bans the sale of certain products, such as smokable hemp flower and various THC-infused foods, and restricts sales to individuals over 21.

The conference is dedicated to inclusive industry representation, actively expanding partnerships to celebrate all segments of the cannabis industry. MJBiz strives to be a year-round resource, adapting its strategy based on community needs and industry maturation.

Key conference topics include AI applications, customer acquisition, retention strategies, and policy updates, highlighting AI's role in efficiency, cultivation, and understanding consumer behavior. The agenda also features evolving content, including discussions on psychedelics, reflecting the synergy between cannabis and plant medicine industries.

MJBiz emphasizes policy and compliance, promoting proactive self-policing and offering state meetups for in-depth regulatory discussions. The Las Vegas experience is adapting with new attractions and cannabis consumption lounges, and MJBiz is committed to making the conference accessible through various affordable options. Collaboration opportunities, including podcasting and advertising services, have been proposed to further benefit MJBiz and its exhibitors.

They also discussed how tariffs impact the cannabis industry and how potential federal tax relief from an end to IRS code 280E could offset increased costs from tariffs. Additionally, they considered the less discussed benefit of declassification: the increased ability for research and development dollars to flow into the cannabis market.

Darren explained that ESOPs are the only significant M&A activity in the cannabis sector, fostering employee engagement and retention by turning them into owners with bulk payouts upon leaving, while increased cash flow from tax savings fuels company growth. He also stated that federal rescheduling would enhance ESOP benefits, and discussed the book's role in educating the industry and his interest in advertising strategies for client acquisition.

Melissa, leveraging her 20 years of retail experience, explained that the platform was designed by former Wayfair experts to streamline dispensary operations by removing the need for multiple vendors and ensuring live inventory and deal syncing.

Flowhub emphasizes a client-centric approach, viewing clients as partners and actively incorporating their feedback for future updates.

Corinne detailed how Azuca's encapsulation method ensures fast-acting effects (5-15 minutes) and preserves Delta-9 THC, addressing common inconsistencies in traditional edibles.

We also covered the clean label movement in cannabis, women driving the shift to cannabis beverages, and concerns about the 2026 Farm Bill potentially impacting hemp-derived CBD products.

The discussion also covered critical issues like climate change risks impacting cannabis cultivation, underscoring the necessity of robust data collection and compliance for accurate risk modeling and premium setting. Ziolkowski emphasized that meeting higher compliance standards, such as GMP, can lead to more favorable insurance terms. The conversation further explored the regulatory complexities of insuring new products like THC beverages, where traditional product liability may not suffice, and the nascent psychedelics industry, where Relm aims to facilitate business models by finding viable coverage solutions.

We learn about Relm Insurance's deliberate expansion into the AI insurance sector, a move Ziolkowski explained as a natural progression due to the similarities in underwriting new and emerging risks, including data governance challenges and underdeveloped legislative frameworks. He also noted AI's potential to improve efficiency in cannabis, such as in precision farming.

Ziolkowski concluded by stressing Relm's core vision of "making innovation resilient" and their long-term commitment to supporting forward-looking industries like cannabis, psychedelics, and AI, distinguishing them in the insurance market through their dedication to these sectors.

Rama shares his and his team's connection to New York City and provided updates on event preparations, including the number of brands and retailers, and highlighted the strategic location and offerings of the New York event.

We also covered Hall of Flowers' commitment to social equity, their strict vetting process for exhibitors and attendees, and the challenges of regulatory compliance.

James addresses the perceived ineffectiveness of current lobbying efforts and explores various legal challenges to Section 280E, noting instances where companies have successfully disputed its application and received tax refunds.

We underscore the critical need for more impactful strategies, including broader public outreach and the implementation of a simpler tax structure, to drive meaningful change in the cannabis sector.

We also addressed the stalled federal rescheduling of cannabis, attributing it to political factors and potential resistance within the DEA, while briefly touching on Pennsylvania's legalization efforts and frustrations with the lack of clear federal regulation.

We also focused on the lack of progress in rescheduling cannabis at the federal level, despite the Biden administration's recommendation. Political factors and potential internal resistance within the DEA were cited as reasons for the delay. We also noted that the federal government's current tax revenue from the existing 280E structure might act as a disincentive for reform.

We also covered DEA Administrator Terrence Cole's confirmation, his strategic priorities not including cannabis rescheduling, and the potential impact of Schedule 3 reclassification on addressing transnational criminal organizations, with Anthony clarifying that the DEA's priorities align with the National Drug Threat Assessment.

The participants also discussed the rescheduling process and timeline, and the actions taken by states to ban or regulate intoxicating hemp-derived THC products.

The inconsistency between state and federal laws creates additional challenges for both employers and employees. The discussion further explored the potential impacts of DEA rescheduling or descheduling cannabis, including possible changes to ADA protections and tax implications for cannabis businesses. Ultimately, prioritizing the passage of the Safe Banking Act and amending Section 280E of the IRS code were identified as more effective solutions for addressing industry challenges.

The conversation highlighted the complexities of federal intervention versus industry self-regulation, drawing parallels to existing regulatory frameworks. A major point of concern was Minnesota's flawed social equity lottery system, which has created an uneven playing field for applicants and led to market saturation due to unlimited licensing. The discussion also covered the substantial capital requirements for success in the evolving cannabis market, which has shifted from a grassroots movement to one dominated by larger corporations.

The meeting concluded with a look at the future of the cannabis industry, including the Treasury Department's proposal for financial data collection to combat money laundering. Gullickson underscored the importance of the industry establishing a clear path forward, advocating for either complete federal legalization or a merit-based, limited licensing system. There was also an optimistic outlook on the potential passage of some form of the Safer Banking Act under the current presidential administration.

As attorneys specializing in the food and beverage industry, they explore the potential impact on retailers, manufacturers, and the broader Southeast cannabis market.

They also delve into the chilling effect on innovation, legal challenges, and strategies for businesses to navigate this evolving regulatory landscape.

Winstanley further pointed out the double standards in Texas regulations, contrasting the proposed hemp ban with the state's approach to alcohol, tobacco, and firearms, none of which face similar bans despite documented harms. He noted the strong opposition to SB3, particularly from veterans who rely on hemp products for pain management and fear a return to opioid dependence. Winstanley expressed disappointment that legislative attempts to regulate the industry with THC caps and licensing were ultimately overridden by the ban proposal.

Regarding edibles.com, Winstanley explained that the company aims to provide safe access to THC products through a curated marketplace, addressing inconsistencies in quality and testing within the hemp industry. The strategic launch in Texas is a proof of concept for future expansion into states like Florida and Georgia, with plans for nationwide shipping and a flagship retail store in Atlanta. The company's goal is to build consumer trust and legitimacy by connecting them with reputable brands and offering a responsible alternative to unregulated sales. He outlined a vision for effective regulation, including licensing, excise taxes for enforcement, and clear frameworks for product types and dosing, citing Georgia as a successful example of regulated hemp.

The discussion delves into potential policy solutions beyond lifting the Rider, including replicating Maryland's successful market, revenue generation models, and strategies for federal advocacy.

White addresses integrating cannabis into D.C.'s tourism sector, data on economic potential, recent changes in the "gray market," and the impact of stricter enforcement and an influx of medical dispensary licenses.

He also tackles misconceptions surrounding D.C.'s cannabis situation, lessons from Maryland's legalization, and the potential for social and criminal justice reform through a fully regulated adult-use market.

The discussion also explored the influence of lobbying and public opinion, using Texas and Georgia as case studies to illustrate varying legislative approaches and the challenges faced by the hemp industry.

We also emphasized on the need for future action from the FDA to establish clear standards for THC products, especially addressing synthetic THC.

Hanna also shared insights on the company's public farm tours, which aim to provide transparency and connect with the community. Additionally, she expressed concerns regarding potential tax increases in the cannabis industry and advocated for clearer labeling regulations to distinguish between organically grown cannabis and cannabis grown without any sprays.

We also highlighted Autumn Brands' new product lines, including diamond-infused mini pre-rolls and the "Now Melt" wellness products.

Key challenges discussed include inconsistent federal and state regulations, securing capital, and landlord hesitancy. The discussion also highlights the importance of proactive compliance and the potential impact of the Safe Banking Act.

Cannabicity, founded by Barbara, launched the "Powered by Cannabicity" initiative to provide consulting, legal guidance, and funding (6-10% interest) to assist CAURD licensees in accessing and utilizing the $5 million grant program;  Stefan reported that the Office of Cannabis Management (OCM) is improving communication and streamlining the application process, though challenges remain.

We also learn about Fitzpatrick's Credible Live podcast and discussed some of the topics covered, including regulatory challenges, fintech innovation, and market integration.

Mendez highlighted several new initiatives, such as debt restructuring, new programs (employee banking, Safe Harbor Connects), and the development of a lending platform,  while emphasizing the company's NASDAQ listing and data-driven approach to addressing industry pain points.

Despite delays in federal reform and setbacks like the failed Florida ballot initiative, New Lake Partners maintains a strong financial position. Coniglio highlights the company's disciplined capital allocation strategy, focus on limited-licensed jurisdictions, and key performance indicators such as AFO and AFO payout ratio.

The conversation also covers strategies for mitigating risks, monitoring market conditions, and exploring future opportunities tied to potential federal regulation and increased institutional investor interest.

The case specifically involved a mislabeled CBD product leading to a failed drug test and job loss, and the ruling exposes the industry to potentially devastating treble damages. Beyond the RICO implications, we also covered other pressing regulatory and tax challenges, including the complexities of cannabis rescheduling, state packaging laws, the impact of Section 280E, and the Loper Bright decision, all underscoring the urgent need for companies to seek legal counsel to review labeling, suppliers, and adopt universal compliance standards.

Kobrin discusses regulatory challenges such as stock exchange restrictions on cannabis companies and inconsistent federal regulations.

The conversation also addressed the importance of compliance in restrictive states, regulatory transparency, and the limited impact of the Safe Banking Act on financial issues for cannabis businesses.

Hemp-derived beverages were highlighted as a promising market opportunity, and frustration was expressed regarding the slow progression of cannabis regulation.

An attorney specializing in cyber security emphasizes the importance of due diligence when selecting vendors, particularly point-of-sale systems, and stresses the need for robust security protocols to protect sensitive customer data, including government IDs and medical information.

We also explore the potential legal and financial repercussions of data breaches, including regulatory scrutiny, lawsuits, and damage to brand reputation. It concludes with recommendations for proactive measures, such as developing incident response plans, obtaining appropriate cyber security insurance, and treating cyber security compliance as an ongoing process integrated into regular business operations.

Hoffman addresses concerns related to the vape crisis, emphasizing the safety of regulated products and the industry's focus on compliance. He also outlines Zone Vapor's marketing approach, which centers on influencer engagement and strategic retail partnerships.

Furthermore, Hoffman shares his insights on future vape technology trends and draws upon his extensive experience in product development and brand management within the cannabis industry.

We highlight the strategic decision to enter the South African market due to its legalized personal cannabis use and market potential.

We also emphasize the importance of local partnerships for regulatory compliance, adapting business models to diverse legal environments, and tailoring product offerings to local consumer preferences.

We also discuss challenges in maintaining quality standards across global markets and future expansion plans within Africa and other global markets.

They emphasized the real-world utility of their project, moving beyond traditional NFT applications by providing tangible value and focusing on compliance. Keshawn also highlighted the use of zero-knowledge proofs for age verification, ensuring consumer privacy and anonymity.

They also discussed blockchain's potential to facilitate the transition of legacy operators into the legal market, enhancing efficiency and creating a safer environment for consumers.

Banking challenges, including debanking and prohibitive tax rates, were highlighted, with the Senate's limited progress in addressing these issues noted. The ongoing legislative battles between branches of government, the impact of specific senators, and the necessity of grassroots advocacy were emphasized.

The conversation also underscored the importance of legal and financial strategies for cannabis businesses, the need for increased cannabis research, and the potential impacts of upcoming Farm Bill amendments and state-level initiatives like Smart and Safe Florida's revised adult-use proposal.

Future steps recommended include cannabis businesses preparing for THC regulation changes, exploring M&A and debt refinancing, and engaging expert advisors, alongside continued advocacy for federal reform.

Joshua's firsthand experience as a social equity license holder underscores the demanding journey from license acquisition to operational establishment. He stresses the pivotal role of carefully selected partnerships and active community involvement in accelerating the process, highlighting the necessity of maneuvering through a labyrinth of bureaucratic procedures. He acknowledges that success often hinges on a combination of strategic planning and favorable circumstances. Constant, transparent communication with the Cannabis Control Board (CCB) and other stakeholders is essential, demanding a level of diligence that can be overwhelming. Financial constraints are a persistent concern, forcing license holders to make difficult choices, such as postponing investments and limiting additional investor participation, to maintain financial stability. This delicate financial balancing act emphasizes the inherent risks and vulnerabilities faced by those striving to establish themselves in the market.

The discussion then shifts to the obstacles encountered by the Cookies brand in New York. Initial plans to establish a Cookies dispensary were thwarted by regulatory complexities, necessitating a rebranding to Culture House. Joshua explains that while Cookies typically operates through partnerships with existing license holders in other states, New York required them to apply for a license independently. The decision to adopt the Culture House name was a strategic move to gain approval from the Office of Cannabis Management (OCM). Further complicating matters, the iconic Cookies logo had to be removed from the building's facade due to concerns about its visibility during the Macy's Day Parade, illustrating the stringent oversight and unique considerations within New York's regulatory landscape.

The establishment of the Trade Practices Bureau in New York marks a significant step towards stricter enforcement of compliance standards. This bureau aims to curb illicit activities, including off-the-books product sourcing, undisclosed investor involvement, and misreported financials. Joshua expresses strong support for the bureau's mission, recognizing its potential to ensure fair competition and safeguard consumer safety. He anticipates that the bureau's enforcement will lead to a reduction in illicit cannabis operations, creating a more equitable market for legal businesses. However, he also acknowledges the potential for over-regulation and unnecessary measures, highlighting the delicate balance between enforcement and fostering a thriving market. Notably, Culture House has experienced an increase in revenue following the closure of illicit operations, demonstrating the tangible impact of regulatory enforcement on legal businesses.

Navigating the intricacies of the True Party of Interest (TPI) rules presents another significant challenge for businesses operating in New York's cannabis market. Joshua explains that Culture House was able to circumvent the TPI agreement by structuring their operations to avoid direct ownership of the license. This strategic maneuver underscores the importance of understanding and adapting to the specific regulatory requirements of New York. The conversation also contrasts the cannabis markets in California and New York. Joshua observes that New York has implemented a more effective tax management system, while the saturated market in California has diminished the significance of retail operations. He also points to the struggles faced by cultivators in New York, suggesting that easing cultivation regulations could lead to improved product quality for retailers.

The operational success of Culture House in Midtown Manhattan is attributed to its strategic location near Herald Square Park, a high-traffic area that ensures consistent foot traffic. The dispensary's location caters to the convenience-driven consumer behavior of New Yorkers. However, the complexities of payment processing for delivery services have led Culture House to discontinue this service. The walkability of New York City is a significant advantage, allowing customers to easily access the dispensary. Adapting to the unique consumer behavior of New Yorkers is an ongoing process, requiring a deep understanding of local preferences and trends. Joshua expresses optimism about the future growth of the cannabis industry in New York, anticipating further expansion and evolution as the market matures.

In essence, this exploration provides a detailed overview of the challenges and opportunities within New York's evolving cannabis market. It highlights the resilience and adaptability required to navigate the complex regulatory landscape, the importance of strategic partnerships and community engagement, and the ongoing evolution of consumer behavior. The insights shared underscore the dynamic nature of the industry and the continuous need for businesses to adapt and innovate to thrive in this rapidly changing environment.

Spradlin’s journey in the cannabis industry began in 2006 on the grow side, eventually leading him to retail, where he sought to create a more welcoming environment for medical patients. He expresses concern about the increasing corporatization of the cannabis industry, highlighting the potential risks for smaller players and those with serious medical needs. He reflects on the difficulties of raising and deploying capital in this sector, acknowledging the uncertainty and experimentation that have marked its development. The conversation delves into the evolution of the cannabis industry in California over the past decade, emphasizing the challenges posed by increased regulation, competition, and law enforcement scrutiny. Spradlin underscores the significance of Northern California’s role in cultivating many of the industry’s most renowned strains and extracts, while also acknowledging the struggles faced by legacy operators in the region due to their isolation from the broader market. Goldenhour Collective, Spradlin's company, aims to bridge this gap, connecting these legacy operators with the wider California market.

The discussion shifts to the regulatory challenges faced by small businesses and legacy farmers in California, attributing these difficulties to a system that favors larger corporations. The burden of state and local taxes is identified as a major impediment to the industry’s growth. Spradlin points to the complex political landscape in California as a contributing factor to this intricate regulatory environment. The conversation explores the potential for Florida to learn from California’s experiences, particularly in terms of incorporating corporate social responsibility and integrating legacy operators into the industry framework. The challenges faced by legacy cannabis operators in both California and Florida are examined. The Florida market appears to favor larger operators, while in California, legacy operators are struggling to keep pace with the changing regulatory landscape. The issue of social equity within the cannabis industry is raised, with concerns about the lack of a clear pathway for legacy operators to achieve legitimacy and ownership. Spradlin echoes these concerns, noting the success of Oakland’s equity programs for those affected by the war on drugs, while pointing out the relative neglect of legacy operators. The conversation concludes that any framework for the cannabis industry must consider the needs of both legacy and equity operators.

The challenges confronting small mom-and-pop farmers in California are discussed, focusing on the heavy burden of taxes and regulatory issues. The conversation highlights a recent legislative effort to allow small farmers to sell directly at state-sanctioned farmers' markets, which was ultimately unsuccessful. The high cost of licensing and permits for growers is identified as another significant obstacle. The potential 25% tax increase on cannabis in California is raised as a major concern, with Spradlin expressing fear that the state might be deliberately creating conditions that favor larger, well-financed operators at the expense of smaller ones. The overall sentiment is one of stress and uncertainty, with many operators unsure of how to navigate the current climate.

The conversation concludes with a discussion of the challenges and strategies for sustaining a cannabis business. Spradlin emphasizes the importance of partnerships with small farmers and providing fair wages to employees, recognizing these factors as essential to a positive customer experience. He reflects on the success of his previous ventures, such as Perfect Union, and reiterates his commitment to upholding high standards within the industry through Goldenhour Collective. He is commended for his efforts in creating a state-authorized apprenticeship program and his dedication to fair wages and benefits for employees. The importance of supporting local farmers and the desire of customers to make ethical purchases are also highlighted. Spradlin's perspective, particularly through the lens of Goldenhour Collective's mission, offers a valuable glimpse into the complex dynamics of the cannabis industry, emphasizing the need for balance between corporate interests and the preservation of the industry’s roots, while also highlighting the importance of social equity and sustainable business practices.

The conversation begins by acknowledging the increasing prevalence of AI in media and its potential impact on the cannabis industry. Coomans highlights the shift AI is bringing about, moving professionals away from routine tasks and towards more strategic, managerial roles. The ability to provide clear instructions to AI systems and understand their technical underpinnings becomes crucial for cannabis businesses seeking to leverage this technology. Coomans stresses the need for organizations to develop values-driven AI policies that guide responsible implementation. She anticipates a move away from fear and resistance towards proactive adoption of AI, potentially leading to the emergence of Chief AI officers and widespread experimentation with the technology within the cannabis sector.

The discussion delves into the intricacies of AI content generation using tools like ChatGPT and Claude, and their implications for cannabis brands. Coomans emphasizes the critical importance of understanding how these tools utilize and protect content, cautioning against feeding them proprietary information. Trust emerges as a central theme, with Coomans pointing out that AI tools often struggle to recognize trusted sources, which can be particularly challenging for cannabis companies navigating a complex regulatory environment. While the idea of requiring AI companies to cite their sources is raised, Coomans acknowledges the current lack of such a system. She also notes the limitations of AI-generated content in search engine results, where human-written content often performs better, a crucial consideration for cannabis brands seeking online visibility. The conversation reveals a surprising detail about Google's Gemini service, which reportedly restricts the generation of content related to cannabis and politics, highlighting the unique challenges and ethical considerations surrounding AI and content moderation in this industry.

Despite the rise of AI, Coomans underscores the enduring importance of human-generated content for cannabis brands, particularly in building trust and connecting with audiences. She emphasizes the role of personal stories in enhancing media appeal and creating compelling brand narratives, especially within the cannabis industry, where overcoming stigma and building consumer confidence are paramount. Coomans acknowledges the dual role of PR agencies, serving both the media and their clients, and the challenge of keeping personal stories fresh and engaging while remaining compliant with regulations. She discusses the importance of preparing clients for interviews and developing key talking points that resonate with target audiences while adhering to industry guidelines. The conversation highlights the value of targeted interview questions and controlled content to ensure informative and engaging narratives that accurately represent cannabis brands.

The discussion turns to the specific challenges and opportunities within the cannabis industry. Coomans and the interviewer discuss the current uncertainty surrounding the industry, the pent-up demand, and the potential impact of regulatory changes like rescheduling and safe banking. Coomans expresses skepticism about the outcome of the rescheduling hearing, while the interviewer remains optimistic about future growth. The conversation also touches on the challenges faced by the hemp industry due to a lack of federal oversight. Coomans introduces a new 3-month PR program designed to provide high-impact, low-commitment support to cannabis companies, demonstrating a proactive approach to addressing industry needs and navigating the complexities of the cannabis market.

The conversation explores the potential of integrating new technologies like podcasting into PR services for cannabis companies. The interviewer introduces Podcastpressor.com, a service offering dynamic content creation, professional editing, and audiogram video clips for podcasts, which could be particularly valuable for cannabis brands seeking to reach new audiences and build brand awareness. Coomans expresses interest in integrating this service into her company's offerings. The discussion touches on the importance of transparency in paid content and its role in the future of PR, especially within the cannabis industry, where regulations and consumer trust are critical considerations.

The conversation concludes with a focus on understanding and appealing to the female cannabis consumer, a crucial demographic for the industry's growth. Coomans emphasizes the importance of recognizing women as a powerful and influential consumer group, noting their preference for understanding and connection over aggressive sales tactics. She suggests alternative marketing approaches, such as lifestyle marketing and showcasing brand stories, to resonate with this audience. Coomans highlights the importance of brand research and the potential for women to boycott companies whose advertising does not align with their values. She underscores the significance of presenting the people behind the products, emphasizing that authenticity and genuine connection are more valuable than discounts or promotional offers when engaging female cannabis consumers. Coomans concludes that providing valuable content and product reviews that cater to the specific needs and preferences of women is essential for success in the cannabis market.

 The product launch strategy, focusing initially on the Ontario market due to its regulatory landscape, was discussed, along with plans for US expansion. The conversation highlighted the growing trend of consumers, particularly younger generations, shifting away from alcohol and towards cannabis-infused beverages, a phenomenon sometimes referred to as "cali sober." 

This demographic shift is driving innovation in the cannabis beverage sector, with companies like Boston Beer Company adapting to these changing preferences. The discussion also touched upon the challenges and opportunities within the Canadian cannabis market, including regulatory hurdles and the growth of cannabis-infused beverages. The potential of cannabis beverages as a healthier alternative to alcohol, with faster onset times and better control over effects, was explored, along with the increasing awareness of the health risks associated with alcohol consumption. 

The conversation concluded with a discussion of the challenges of expanding cannabis products into the fragmented US market, the importance of scale, and the potential for significant growth in the cannabis beverage market over the next decade.

The discussion begins with a deep dive into data security, a paramount concern given the sensitive nature of customer information and financial transactions within cannabis dispensaries. Rocco explains Sweed POS's comprehensive security measures, including encryption, access controls, and intrusion detection systems. He then emphasizes the significance of achieving SOC 1 and SOC 2 Type 2 certifications, industry-recognized audits that validate a service organization's internal controls over financial reporting and customer data security, respectively. Rocco clarifies the distinction between these certifications, explaining that SOC 1 focuses on financial reporting, while SOC 2 addresses customer data and security.² He also differentiates between Type 1 and Type 2 audits, explaining that Type 1 demonstrates a company's knowledge of required procedures, while Type 2 proves their consistent adherence to those procedures over time. This distinction underscores Sweed POS's dedication to not just meeting, but exceeding, industry security standards.

The conversation explores the complexities of data privacy regulations like GDPR and CCPA, particularly relevant given the vast amounts of customer data handled by dispensaries. Rocco explains that Sweed POS's all-in-one platform was designed with compliance in mind from its inception, streamlining data management and mitigating the risks associated with disparate systems. This integrated approach simplifies compliance efforts for dispensaries and reduces the potential for data breaches or inconsistencies.

Ruskin highlighted the INCBA's value as a network of experienced professionals dedicated to navigating the complexities of cannabis law. He emphasized the organization's role in providing access to expertise on diverse regulatory standards across different markets, a crucial benefit given the ever-changing rules governing the industry.

The INCBA serves as a central resource for staying informed and connected, offering guidance on navigating the intricate regulatory environment. The conversation addressed the ongoing process of rescheduling cannabis under the Controlled Substances Act.

Ruskin discussed the delays caused by new allegations and the subsequent public comment period, including an interlocutory appeal that further complicates the timeline. The potential impact of the Biden administration's support for rescheduling was explored, along with the possibility of increased DEA involvement in cannabis regulation following rescheduling.

Luna began by highlighting Ispire's exciting partnerships with Afrobeats star Burna Boy and cannabis icon Snoop Dogg. These collaborations underscore the brand's commitment to cultural relevance and authenticity, leveraging the global influence of these artists to advocate for safe and responsible cannabis use. Luna emphasized how these partnerships reflect Ispire’s dedication to quality assurance and reliability, ensuring consumers have access to premium products while elevating cannabis as a lifestyle choice.

Ispire's strategic pivot to an asset-light model was a key focus of the conversation. Luna explained how this approach allows Ispire to expand internationally with agility, focusing on Africa and other emerging markets. This model also supports the company’s efforts to maintain efficiency while scaling its innovative product offerings to new regions. Luna expressed her excitement about the global growth opportunities and the chance to bring Ispire’s cutting-edge technology to underserved markets, fostering inclusivity and economic opportunity.

As the discussion turned to regulation and policy, Luna shared her perspective on the global cannabis industry’s challenges and opportunities. She emphasized the importance of understanding the distinction between legalization and commercialization, highlighting how the latter ensures tax control, regulation, and consumer safety. Luna also underscored the critical role of lobbying and media work in influencing lawmakers and shaping public perception of cannabis. She noted the threat posed by pharmaceutical companies, warning against the monopolization of the industry and stressing the need for a unified message around cannabis use.

The conversation touched on Ispire’s commitment to innovation in regulatory compliance, particularly its efforts to prevent youth vaping and expand the adult market. Luna highlighted the company’s advancements in age verification and identity verification technology, ensuring that cannabis products reach the intended audience safely and responsibly. She emphasized the importance of industry stakeholders working closely with governments to develop regulatory solutions, advocating for a universal framework that could include existing acts like the Cosmetic Act of 1930 for hemp-related CBD products.

Luna also shared her thoughts on the importance of fostering inclusive workplaces and empowering marginalized communities within the cannabis sector. She spoke passionately about the need for mentorship and networking opportunities for women entrepreneurs, as well as the value of having diverse voices in decision-making processes. Drawing on her work with the Indigenous Cannabis Business Association, Luna outlined her advocacy for social equity and her commitment to providing resources for marginalized communities to succeed in the industry.

The discussion also addressed the importance of supporting social equity licensees, with Luna calling for financial, legal, and business assistance from companies and organizations. She emphasized that these resources are essential for fostering a truly equitable industry and ensuring that opportunities are accessible to all. Luna’s advocacy extended beyond business operations, reflecting her belief that the cannabis industry has a unique role to play in addressing historical injustices and creating a more inclusive future.

Rollman shares her perspective on the uncertain legislative future of cannabis, acknowledging the political headwinds but remaining optimistic about potential progress, particularly in the area of rescheduling. She predicts that AI will be a major force in the industry by 2025, citing StrainBrain, an AI-powered product recommendation engine, as a prime example. StrainBrain addresses the overwhelming product variety and lack of consumer education in the cannabis market by offering personalized recommendations tailored to individual preferences.

Beyond its consumer-facing applications, AI has the potential to streamline operations and improve compliance within the cannabis industry. Rollman and the interviewer discuss how AI can automate tedious record-keeping processes, improve accuracy, and potentially redefine roles within traditional businesses.

The conversation then shifts to the current state of the cannabis industry, with both participants recognizing the challenges posed by regulatory uncertainty and tax burdens. They anticipate a wave of mergers and acquisitions as the industry consolidates, with non-publicly traded operators playing a key role. Despite these challenges, both express optimism for the future, highlighting strong industry leadership and potential for growth. Rollman's position on the board of New Lake Capital Partners provides her with unique insights into these industry trends.

Tyler Priest emphasizes the ongoing conflict between state and federal cannabis laws, particularly concerning 401(k) plans for cannabis companies. He highlights the need for comprehensive HR and payroll solutions tailored to the unique challenges of this industry, including payroll processing, HR consulting, benefits administration, and compliant 401(k) options.

The conversation explores the difficulties in establishing traditional retirement savings plans for cannabis employees due to the conflict between IRS tax codes and cannabis industry regulations. Tyler Priest discusses Greenleaf's efforts to develop a compliant 401(k) solution that can be offered by various payroll providers, emphasizing their commitment to creating a secure and reliable retirement savings vehicle for cannabis industry workers.

Tyler Priest also addresses the challenges posed by changes in 401(k) plan custodians and the need for reliable financial institutions willing to serve the cannabis industry. He introduces the concept of a pooled employer plan to ensure commitment from all parties involved, including mutual funds and custodians. The importance of future-proofing these solutions to avoid business interruptions is also emphasized.

The discussion highlights the partnership between Green Path 401(k) and 1st Citizens Bank, underscoring the importance of collaborating with trusted financial institutions and advisors. Tyler Priest emphasizes the value of thorough vetting and due diligence when selecting partners in the cannabis industry.

Tyler Priest and our host touch upon the potential impact of cannabis rescheduling on 401(k) plans and the possibility of increased employer contributions. They also discuss the challenges cannabis businesses face in accessing traditional banking services and the potential for regulatory changes to streamline this process.

The conversation emphasizes the benefits of offering 401(k) plans as a retention tool and a differentiator for cannabis companies. They discuss various plan design options, including employer matching contributions and different contribution levels for managers.

Tyler Priest highlights the value of partnering with experienced custodians like Mid Atlantic Trust to ensure the security and accessibility of retirement funds for cannabis employees. He stresses the importance of clear communication and financial education to encourage employee participation in 401(k) plans.

Throughout the discussion, Tyler Priest and our host underscore the importance of professionalizing the cannabis industry and providing employees with access to the same benefits and financial tools available in other sectors. They conclude by encouraging cannabis employers to explore the Green Path 401(k) solution and prioritize the financial well-being of their workforce.

"My high" leverages AI to provide personalized product recommendations based on customer purchase history and preferences. This information empowers budtenders to offer tailored guidance, elevating customer service and fostering deeper connections. Rosenfeld emphasizes that the platform complements, rather than replaces, the expertise of budtenders, enhancing their ability to cater to individual needs.

The conversation addresses the unique challenges of the cannabis industry, including stringent ID verification requirements. Rosenfeld highlights how AI can streamline these processes, creating a smoother and more efficient shopping experience. He envisions a future where technology seamlessly integrates with the in-store environment, optimizing operations and enhancing customer satisfaction.

Rosenfeld and our host delve into the evolving landscape of omni-channel retail, particularly within the cannabis sector. Rosenfeld proposes innovative strategies to curate product knowledge for budtenders, enabling them to focus on a select range of high-potential and personalized recommendations. This approach, he suggests, can be applied across various retail sectors, from restaurants to brick-and-mortar stores.

The discussion highlights the power of smart digital tools to revolutionize the in-store experience. By leveraging AI-driven insights, retailers can optimize product displays, personalize interactions, and create a more engaging and rewarding shopping journey for customers, ultimately driving sales and loyalty.

Rosenfeld explores the potential of data analytics to optimize inventory management and pricing strategies. By analyzing consumption patterns and stock levels, retailers can implement just-in-time inventory systems, ensuring product availability while minimizing waste. Data-driven pricing strategies enable dynamic adjustments, maximizing profitability and enhancing competitiveness.

Rosenfeld introduces the Jane Kiosk, an innovative in-store solution designed to enhance the shopping experience. These kiosks guide first-time shoppers, curate personalized product selections, and streamline the purchasing process. This approach empowers customers to make informed choices, reducing overwhelm and enhancing satisfaction.

The conversation addresses concerns surrounding data security and privacy. Rosenfeld assures viewers that Jane Technologies prioritizes customer data protection, implementing robust security measures and adhering to strict privacy protocols. He emphasizes their commitment to responsible data usage and regulatory compliance.

Rosenfeld discusses the company's adaptability to varying state regulations, highlighting the modular design of their software. He expresses optimism about the future of cannabis legalization and its potential impact on the industry, emphasizing their commitment to supporting their partners through this evolving landscape.

The cannabis industry faces unique financial pressures, including inflation, rising interest rates, and specific tax burdens like the 280E tax code. Jay Virdi emphasizes the need for robust risk management strategies to navigate these challenges and ensure business continuity. He outlines the various insurable risks cannabis companies must consider, from property damage and business interruption to directors and officers liability. Virdi also explores alternative risk transfer options, such as captives, risk retention groups, and parametric insurance, offering innovative solutions for companies seeking to optimize their risk management approach.

With the increasing reliance on technology, cybersecurity is paramount for cannabis businesses. Virdi stresses the importance of strong cybersecurity protocols and data protection measures to safeguard sensitive information and maintain business operations. He highlights the potential consequences of cyber breaches and encourages investment in cybersecurity infrastructure.

Beyond financial and operational risks, Virdi underscores the importance of protecting a company's most valuable asset: its people. He advocates for comprehensive employee benefits policies and a strong focus on employee well-being, recognizing the crucial role a healthy and engaged workforce plays in overall business success.

Product safety and liability are also critical concerns for cannabis companies. Virdi discusses the importance of implementing a robust risk mitigation strategy and securing adequate insurance coverage to protect against potential liabilities. He cautions against the risks of operating without liability insurance, highlighting the potential for catastrophic financial losses in the event of an incident.

Looking ahead, Virdi and our host discuss the future of the cannabis industry, including its growth trajectory, the evolving regulatory landscape, and the potential impact of policy changes such as the anticipated rescheduling of cannabis by the DEA. Virdi emphasizes the need for ongoing adaptation, innovation, and a proactive approach to risk management to thrive in this dynamic market.

This conversation addresses the challenges of inconsistent lab testing results and how GMP certification can improve accuracy and reliability. David provides valuable insights on preventing product recalls by establishing a framework for quality control and risk mitigation. Furthermore, he examines the importance of GMP compliance for competing in the global cannabis landscape and provides practical advice for cannabis businesses on integrating quality management systems and best practices.

Experts analyze the impact of the new administration on cannabis legalization, weighing the potential influence of big pharma lobbying against the administration's disruptive agenda. They examine the likelihood of federal legalization through legislative action versus court rulings, and discuss the implications of rescheduling cannabis to Schedule III.

A thorough examination of the cannabis market's explosive growth is provided, with projections exceeding $50 billion in sales within three years. The discussion explores investment opportunities, particularly in dispensaries, and the role of technology, including AI and automation, in shaping the industry's future. Experts also delve into the economic implications of market consolidation, the impact of new trade policies on energy costs, and the potential influence of emerging technologies like AI on energy consumption. The discussion also addresses the critical issue of mental health in the workplace and its financial implications for businesses.

This insightful series focuses on the cannabis industry's potential to drive positive change, including promoting social equity programs and facilitating criminal justice reform. It highlights initiatives like the Second Chance Reauthorization Act of 2024 and the challenges faced by social equity applicants, particularly in accessing capital. Experts emphasize the importance of grants over loans for social equity licensees, cautioning against predatory lending practices. They advocate for exceeding minimum compliance standards, emphasizing the importance of Good Manufacturing Practices (GMP) .

Unlike competitors who rely on ionizing radiation or face frequent machine breakdowns, Ziel's RF technology guarantees industry-leading throughput with no downtime. This allows processors to treat up to 500 pounds of cannabis in a single 24-hour shift, ensuring a continuous flow of safe, high-quality product. Ziel's technology, rooted in decades of proven science and refined through seven generations of innovation, preserves the integrity of cannabinoids and terpenes, maintaining the natural characteristics of the plant. This commitment to quality has earned Ziel a strong reputation and a loyal customer base across Europe and beyond.

Ziel's latest innovation, the Rfx, is a compact and efficient RF solution designed by Richard Bruner, the renowned founder of Apple's Industrial Design group. The Rfx has been enthusiastically received in Europe, where GMP certification is essential for market entry. By offering significant return on investment and ensuring compliance with stringent regulations, the Rfx empowers cannabis operators to thrive in a competitive landscape.

Ziel recognizes the evolving regulatory landscape and the increasing importance of compliance. Their partnership with Porta Canna, achieving the first EU GMP certification for RF microbial control in cannabis, underscores their dedication to meeting the highest industry standards. Ziel's proactive approach to compliance, including the development of comprehensive turnover packages for prospective customers, positions them as a trusted partner for businesses navigating the complexities of the European market.

The conversation begins with Trappe's vision for cannabis consumption lounges in Florida, drawing on his experience with Planet 13's successful Las Vegas lounge. He envisions a space that incorporates food, music, and entertainment, creating an immersive experience for consumers. This segues into a discussion about the evolving cannabis retail landscape, with a focus on experiential concepts that go beyond the traditional dispensary model. Trappe highlights Planet 13's acquisition of Excel dispensary and their plans for smaller retail locations alongside their flagship superstore in Las Vegas.

The interview then takes a deeper dive into Florida's cannabis landscape, including an analysis of the recent failed cannabis amendment vote. Trappe and the host dissect the campaign's shortcomings, such as the lack of a home-grow provision and ineffective messaging. Despite this setback, they express optimism for the future of cannabis retail in Florida, discussing Planet 13's strategy for transitioning Vitalcan locations into their brand and creating a unique shopping experience for patients.

Operational aspects of Planet 13's Florida ventures are also explored, including quality control, potential delivery services, and expansion plans for their retail network and indoor cultivation facility. The conversation touches on brand partnerships, strategies for the medical market, and the launch of their new topical product, Medezine, in Florida. Trappe emphasizes the importance of offering diverse cannabis modalities, like topicals, to cater to various patient needs.

They emphasized their commitment to quality, highlighting premium products like liquid diamond-infused pre-rolls and their focus on delivering an exceptional user experience. AK, who began his cannabis journey assisting friends with cultivation projects, stressed the importance of quality and consistency in their offerings. Shaggy, who transitioned from an engineer at Doggy Style Records to overseeing product development, acts as a proxy for Snoop, visiting facilities and ensuring their cannabis meets the highest standards.

Navigating the competitive California cannabis landscape requires a strategic approach. AK highlighted the importance of offering value and differentiating Death Row Cannabis from other celebrity brands that have failed to gain traction. He stressed their commitment to accessibility, ensuring their products are affordable for a broad consumer base. The discussion also touched on the delicate balance of evolving the Death Row brand while honoring its legacy. AK shared details about a limited-edition cannabis collection inspired by Tupac Shakur and the challenges of living up to the expectations associated with such an iconic figure.

Their dispensary, Smoke Weed Every Day, located strategically in Los Angeles, offers a diverse product range. AK emphasized that all products, from the value tier to the high-end line, are personally vetted by Snoop Dogg, guaranteeing quality. They also discussed their plans for an exclusive menu, featuring infused joints and edibles, with aspirations to make it available worldwide.

LeafLink's new payment model aims to solve the pervasive problem of unpaid bills in the cannabis industry by guaranteeing payment for sold products and providing real-time insights to brands and retailers. This innovative approach aligns cash inflows with outflows, improves inventory management, and offers greater financial transparency. While the industry faces ongoing challenges like regulatory hurdles and banking limitations, LeafLink is committed to providing solutions that support the growth and stability of the cannabis market.

Bryan introduced its Dutchie 2.0 platform, which aims to enhance the customer experience, drive revenue, and streamline operations, with a focus on compliance and advanced payment solutions. The conversation also explored the ongoing DEA rescheduling process, potential policy changes like the MORE Act and Safe Banking Act, and the differing approaches of Democratic and Republican-led states. 

Additionally, optimism about upcoming state ballot measures in Ohio and Pennsylvania was expressed, alongside recognition of hurdles in more conservative regions.

The potential shift in tax regulations could lead to substantial savings for cannabis operators, potentially exceeding half a billion dollars across the sector. Such savings could bolster balance sheets, attract new investors, and positively impact the net present value of future cash flows, making the cannabis business more attractive to the investment community.

The recent Federal Reserve rate cut, while potentially premature, could signal further reductions in borrowing costs, potentially fueling investment in the cannabis sector. While challenges persist in the industry due to factors like overbuilding and pricing pressures, the long-term growth trajectory remains strong, particularly in states like Ohio and Florida.

New Lake Capital Partners emphasizes the importance of due diligence for investors, highlighting the need to scrutinize a company's balance sheet and debt load before making investment decisions. Their strategic approach to real estate investment, combined with in-depth industry knowledge and the potential for regulatory and economic shifts, solidifies their position as a leader in the dynamic cannabis landscape.

Angela also spoke about her new role at CCELL, where she'll be focusing on the non-plant touching side of the business, expressing excitement about developing new standards and exploring new opportunities to support CCELL's customers in the cannabis industry. Their ongoing efforts to drive consumer education and awareness were also discussed, with an emphasis on creating effective marketing campaigns that can be measured for their impact. In addition, they discussed the evolution of vape cartridge and battery technology, highlighting CCELL's significant investment in research and development. Angela confirmed her intention to visit CCELL's facilities to ensure the devices are properly calibrated and maintained for safety.

A key focus of the discussion was CCELL's new Vision Box series technology, designed to address the common issues of burnt taste and clogging in vape devices. The Vision Box incorporates anti-burn and anti-clogging technology to ensure a safe and enjoyable consumption experience. Angela explained the anti-burn technology shuts the device off if it reaches an unsafe temperature, while the anti-clogging feature prevents oil leakage. The company's commitment to sustainability was also emphasized, showcasing devices that consume less energy and a campaign promoting recycling.

She is the lead author of a paper that published in Addiction about research that focuses specifically on the California cannabis retail market, examining purchasing trends and product preferences among young adults (age 21-24) in comparison to older adults (age 25+) from 2018-2021.

Connie shared that the University of California, Irvine, has a long-standing center for research in cannabis, and she wanted to reach a broader audience by publishing her findings in Addiction. She also revealed that her research was funded by a grant from the Bureau of Cannabis Control in California, which allowed her team to obtain data from retailers without having to purchase cannabis for research purposes.

Connie also discussed the analysis of a large dataset on retail sales, focusing on the purchasing patterns of customers with loyalty cards. They noted that this approach allowed them to study legal sales without the complications of obtaining permission to use products on human subjects. They also touched on the issue of obtaining products for research due to legal restrictions, with Connie clarifying that their campus does not cultivate cannabis. The conversation then shifted to the research conducted on the effects of cannabidiol and THC on driving performance, neuropsychiatric symptoms, and stress responses among older adults.

Connie also discussed the challenges and progress of research on cannabis. Connie explained that while research papers are published in journals as soon as possible, studies involving human subjects are facing delays due to bureaucratic hurdles and the need for extensive oversight.

The development of the system took three years and was heavily influenced by customer feedback, ensuring that it addresses the needs of dispensaries. Early feedback from users has been very positive, with many praising the system's speed and ease of use. This positive reception indicates that the system successfully meets the needs of dispensaries, providing them with a seamless migration path to upgrade their current systems.

The system’s integration with state-regulated systems is a significant advancement, offering benefits for dispensaries of various sizes and budgets. Blaze's approach focuses on flexibility, prompted by longer sales cycles and direct customer feedback. Chris highlighted that the new POS system is easy to use and compatible with a variety of hardware, which makes it accessible to a wide range of dispensaries. This flexibility is further supported by Blaze University, a self-guided training program designed to help new staff quickly understand how to operate the system.

Sahani has placed a strong emphasis on vape safety and compliance, reinforcing the Blinc Group’s commitment to setting industry standards. The company is actively involved in the Wave Safer initiative, advocating for stringent regulatory standards to ensure the highest levels of product safety and quality. By utilizing ISO and GMP certified suppliers, the Blinc Group underscores its dedication to producing vaping products that are safe, reliable, and of superior quality. This commitment to compliance and safety is crucial in maintaining the trust and loyalty of their customer base, as well as in distinguishing their products in a competitive market.

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Planet 13's growth strategy also encompasses a multi-pronged approach in Florida, with a rapid expansion plan targeting 10 stores by year-end and a focus on prime locations like Miami for their superstore concept. Additionally, the company is investing in consumption lounges, podcast studios, and unique experiences like a Mike Tyson-themed VIP room.

Scheffler remains optimistic about the future of cannabis in Florida, especially with the potential passage of Amendment 3. He envisions Planet 13 becoming a household name, synonymous with quality cannabis and a vibrant lifestyle brand.

We delve into the challenges and opportunities within the cannabis industry, discussing the potential impact of federal legalization, the importance of robust employee benefits, and the strategies to overcome high turnover rates. Deborah also sheds light on the role of AI in the recruitment process and the need for effective self-presentation in the digital age.

Furthermore, we examine the implications of cannabis rescheduling on business investments and compliance, as well as the current trends in the job market. Deborah offers her perspective on the salary discrepancies within the industry and the factors that attract top talent to the cannabis space.

In our conversation, Paul shares the strategic growth plans for Teapot, including expanding into new flavors and markets across Canada. We explore the shifting consumer habits towards dispensaries and the potential for converting these into convenience stores to better showcase a variety of cannabis products. Paul and Brasco highlight the impressive performance of cannabis beverages in markets like Minnesota and Arizona, where they have even outsold traditional alcoholic beverages.

We also delve into the potential of consumption lounges as standalone businesses, discussing the opportunities and challenges of incorporating cannabis-based drinks into the traditional restaurant model. Paul provides insights on the importance of clear regulations and responsible entrepreneurship in creating a novel sensory experience for consumers.

Paul and Brasco discuss the significance of a recent survey showing daily cannabis use surpassing daily alcohol use in the US for the first time. They emphasize the need for a balanced product portfolio and the importance of moderation and responsible use in this changing landscape.

The episode also touches on the therapeutic potential of cannabis, the ongoing rescheduling plan, and the need for objective clinical research to address skepticism and explore long-term health impacts. Paul highlights Teapot’s efforts to support the community, including a partnership with Pardons Canada to help individuals remove cannabis convictions from their records.

Jay discusses the intricacies of interstate commerce limitations and the potential scenarios if neighboring states collaborate on cannabis trade before full federal legalization. They delve into the recent DEA rescheduling of cannabis to Schedule III, its impact on the industry, and the possible effects on insurance premiums and coverage.

The conversation also covers the substantial growth of HUB International's cannabis practice group, now serving over 1,000 clients with a dedicated team of more than 300 members. Jay shares insights into alternative risk financing strategies, such as parametric derivatives and captives, and the proprietary HUB Cannabis Benefits Captive designed to cover employees.

Additionally, we discuss the increasing number of insurance carriers entering the cannabis market and the ongoing challenges cannabis businesses face in securing comprehensive coverage. They highlight the importance of specialized knowledge in underwriting and risk management to address the unique needs of cannabis-related businesses.

Listeners will gain valuable perspectives on how HUB International leverages its expertise in emerging markets, including psychedelics and cryptocurrencies, to support the cannabis industry. Jay also emphasizes the company's commitment to human-centric programs and the integration of artificial intelligence to enhance service delivery.

Jordan shares how he prepares clients to comment on pivotal industry moments like rescheduling reform and safe banking, which play a crucial role in destigmatizing and normalizing cannabis. He also discusses the tailored media strategies they employ, balancing mainstream and trade outlets, and the unique challenges faced by different types of cannabis businesses.

From matching clients with the right media platforms to managing the shifting dynamics of news coverage, Jordan and our host Brasco navigate the complexities of promoting the cannabis industry. They touch on the importance of local media, addressing state-specific trends, and the careful messaging needed to avoid misrepresentation.

Whether you’re a cannabis industry insider or just curious about the interplay between media and marijuana, this episode offers valuable insights into the strategic communications that shape public perception and policy. Tune in to learn how effective PR can drive acceptance and growth in this rapidly changing field.

Matt Hawkins, Managing Partner at Entourage Effect Capital, a leading private equity firm focused on the cannabis industry. Matt shares his expert perspective on the current investment landscape, discussing emerging trends, challenges, and opportunities for investors in the cannabis space.

Rick Cytrynbaum, Founder and CEO of VIST LABS, a pioneering cannabis product development company. Rick delves into the world of cannabis innovation, showcasing VIST LABS' groundbreaking technologies and products that are shaping the future of the industry.

Joining Rick is Christian Hegeseth, Chief Science Officer at VIST LABS, a renowned expert in cannabis science and formulation. Christian provides a deep dive into the science behind VIST LABS' products, explaining how their innovative approach is revolutionizing the way cannabis is consumed and experienced.

We take a comprehensive look at the intersection of cannabis and investment, exploring the factors that drive investment decisions, the importance of scientific innovation, and the potential for growth in this dynamic industry.

Kyle Sherman shares his insights on the evolving landscape of cannabis technology, discussing how Flowhub is empowering dispensaries to streamline operations, enhance customer experiences, and drive sales. Jeffrey Trappe dives into the world of cannabis retail, revealing the strategies behind Planet 13's success as one of the largest and most iconic dispensaries in the world, and more specifically their ongoing expansion in Florida.

Kevin clarified his expertise on importing and exporting of cannabis accessories, while Craig, based in Colorado, offered insights on other areas of cannabis reclassification.

We also discussed the upcoming changes to the classification of cannabis, which would allow for greater scientific research into its health benefits and risks. He and Craig discussed the potential implications of the U.S. Drug and Drug Administration's decision to reclassify cannabis to a less restrictive category, expecting it to lead to more federal permits for cultivation and increase participation in the cannabis industry. However, they also highlighted uncertainties regarding FDA oversight and compliance, and raised questions about the potential impact on paraphernalia and support products for cannabis.

Anthony highlighted the importance of cash flow, cost reduction, and operational efficiency in navigating challenges and seizing growth opportunities. 

We also discuss the potential for individual investors pre-institutional entry, strategic investments, and regulatory complexities affecting the industry's trajectory.

In this episode, we explore McDonough's journey through the financial industry, from managing billions at Goldman Sachs to co-founding ventures like Atlas Mara. We delve into his foray into cannabis investments, discussing the strategic moves and considerations behind portfolio entries.

McDonough shares his perspectives on emerging markets, including Green Energy Metals, the EV Market, and Bitcoin, shedding light on his approach to identifying opportunities and taking calculated risks.

We also explore McDonough's recent ventures into the adult beverages market with Nancan Companies. We discuss the launch of Nantucket LONGBIRD™ drinks, infused with hemp and CBD, and McDonough elaborates on the flavor profiles and the company's focus on serving the Massachusetts cannabis market.

Finally, we tackle the topic of investing in cannabis, analyzing the recent performance of cannabis stocks and the potential rewards and risks associated with this volatile market.

We also talk about possibilities post-280E burden relief, reinvestment options after descheduling, and market dynamics related to taxation changes affecting business growth strategies. Both parties emphasize the importance of advocacy for business integrity and compliance in the industry. Seefried's company is noted for prioritizing serving members over profit-driven motives, echoing principles of a credit union. Brasco appreciates this approach for offering better access to lending and services than traditional banks supporting cannabis businesses.

Criticism is directed at government inefficiencies in managing tax revenue from the cannabis industry, with concerns about licensing fees overshadowing potential tax revenue gains. Despite legal complexities, both parties stress the importance of selecting reliable partners for sustainable business operations. The exchange concludes with plans for future communication regarding shared insights into industry practices.

We also tackle the ongoing debate surrounding the licensing process in Minnesota. With the proposed changes aiming to prioritize social equity applicants, Gullickson shares her thoughts on the merits of both merit-based scoring systems and lottery-based approaches. Drawing on her extensive experience in the industry, she offers valuable advice for businesses looking to thrive amidst these regulatory shifts.

Furthermore, we explore the implications of temporary licenses and their potential impact on fostering diversity and inclusion within the industry. With Minnesota Governor Tim Walz's ambitious timeline to open dispensaries by 2025, Gullickson weighs in on the state's progress and assesses the framework laid out by the Office of Cannabis Management.

Breanna introduced brelixi's products like THC/CBD powders for fast-acting functional solutions in daily life. NFL-funded research on cannabinoids as pain management alternatives, with two trials approved, was discussed. Neff also detailed brelixi's customizable shakes with low sugar content and unique electrolyte blends.

We discuss the importance of education, diverse perspectives, and destigmatizing cannabis was stressed for potential funding rounds, as well as future product visibility strategies and collaboration enthusiasm.

We also the federal government's recent analysis acknowledging the medical uses of marijuana, but also emphasized the need for further action to address the ongoing stigma surrounding marijuana use. We also discuss strategies for ensuring equity in cannabis licensing, including prioritizing social equity applicants, providing resources and education, and addressing predatory practices.

We also delve into Cat's experience from her previous tenure where she served as the first executive director of the city of Los Angeles Department of cannabis regulation, leading efforts to advise and implement cannabis business Licensing and Regulation in the world's largest cannabis market.

We go through Cannabis industry gift cards and loyalty programs, loyalty rewards program design., retailer loyalty programs and bonus points during holidays., loyalty programs and customer expectations in business., The challenges of taking a company public during a stock market downturn and Cannabis industry growth and challenges

Discover how some MSOS could take advantage of struggling social equity licensees can bypass the Illinois social equity cannabis lottery program by buying their licenses. As the first independent social equity craft cannabis grower to commence operations in Illinois, Galaxy 1 is making waves, with a grand opening scheduled for February.

Learn about Rick Ringold's military background and status as a disabled veteran, and business insights from Michelle Ringold, a certified public accountant with her own firm. Together, they offer a powerful combination of expertise, experience, and dedication to creating a more inclusive and equitable cannabis landscape.

Delving into the peculiarities of Minnesota's cannabis program, Mr. Standa sheds light on social equity licensing, the need for a comprehensive licensing system, and unique features that set Minnesota apart from other states. Anticipating demand-driven success, he discusses the potential for dispensaries in northern Minnesota near state borders, including Fargo-Moorhead, Duluth, St. Cloud, and Mankato.

Backed by a study revealing high cannabis consumption rates among Minnesotans, Mr. Standa explores the state's unique social equity requirements, including the 100% ownership mandate for applicants, and the challenges they face in securing financing, recognized by the Office of Cannabis Management (OCM).

The podcast also touches on the potential legislative amendments suggested by the OCM, aiming to address financing hurdles for social equity applicants. Mr. Standa provides insights into Minnesota's ability to implement a competitive licensing system and the slow pace of government decision-making.

Discover the impact of social equity provisions on Indigenous tribes in Minnesota, allowing them autonomy in opening dispensaries and cultivating cannabis. Uncover the dynamics of home growth and possession in the state, with a focus on the challenges faced by rural areas with limited dispensaries.

The episode concludes with fascinating stories of success from tribal nation dispensaries, featuring Red Lake Nation's triumph despite geographical challenges and high demand leading to the shutdown of online sales.

The discussion unfolds through key topics such as social equity licensing, obstacles faced in obtaining cannabis licenses in New York, and the unique challenges posed by the bustling metropolis of New York City. Christian shares invaluable insights into the complexities of operating cannabis retail dispensaries in the city and sheds light on his journey navigating the social equity fund landscape for cannabis businesses in New York.

The episode also addresses a poignant story from NPR, highlighting the financial struggles faced by social equity licensees in New York, grappling with high interest rates on loans and mounting legal fees. Christian opens up about the slow and frustrating process of obtaining the $200 million social equity fund in New York, providing a firsthand account of the hurdles and setbacks.

As the conversation unfolds, the podcast explores diverse perspectives on cannabis social equity funding from investors, with opinions ranging from acknowledging the high-risk nature of the industry to critiquing it as potentially predatory.

Learn about the recent scientific review recommending the reclassification of marijuana from Schedule I to Schedule III, potentially opening new medical possibilities. Dr. Caplan shares his perspective on the implications this could have, including the potential end of IRS Section 280e restrictions.

Addressing federal scientists catching up with medical knowledge, Dr. Caplan reflects on whether the recent conclusions align with what doctors have known for years. Finally, hear Dr. Caplan's response to criticisms highlighted by The New York Times, addressing concerns about the strength and frequency of marijuana use, its ties to psychiatric problems, and the evolving landscape of therapeutic claims.

For the first time, Indoor Ag-Con introduces a dedicated Cannabis Conference track for cultivators. Sullivan provides a sneak peek into the exciting sessions lined up, covering topics such as the evolving cannabis landscape, vertical racking systems for efficiency, MSO evolution, terpene excellence, and integrating cannabis cultivation with traditional horticulture.

The conference agenda places a significant focus on Controlled Environmental Agriculture (CEA), reflecting the evolving landscape of crops grown indoors. Sullivan discusses how agricultural technology advancements and the growing demand for local food are driving this evolution across North America

We also delve into a recent investigation by NY Cannabis Insider, uncovering risks associated with outdoor cultivation in states like New York. With revelations of high levels of contaminants in products reaching consumers, we explore the regulatory landscape and discuss the apparent violations reported by the publication. How does this impact the industry, and what are the potential risks?

Laurie works with cannabis and consumer products companies on brand strategy/design, consumer insights, and commercial go-to-market strategy. Parfitt’s background includes experience in large-scale, integrated cross-channel marketing and experience campaigns, including a background in traditional marketing, category development, and sales strategy in an omnichannel environment.

Sean Hocking boasts a rich and accomplished career spanning over 25 years in the professional and legal publishing, as well as bookselling industry.

His journey began in the late 80s when he took his first steps behind the counter at the Aus Law Book Company Bookshop. Demonstrating dedication and ambition, Sean quickly progressed in his career, taking on the roles of Manager and salesperson for Sydney's indie legal bookseller, "Point of Law," during the early 90s.

In 1996, Sean's career took an international turn as he ventured to London to serve as the Sales Manager for Legalease (UK) until 1999. Returning to Sydney in late 1999, he embarked on an entrepreneurial endeavor, founding Australia's inaugural independent legal news and legal book-selling website, "Excata." Sean's innovative platform gained recognition and was eventually acquired by Lexis Nexis.

His tenure with Lexis Nexis continued until a profound moment during the events of 9/11 prompted Sean to reevaluate his life's priorities. This pivotal realization led him to make a significant decision: upon the birth of his son, he chose to stay at home and channel his energy into launching "Law Librarians News" and "Practice Source.com."

In the years 2018 and 2019, Sean assumed the role of Director at BenchTV / Benchmark Legal Education Sydney, contributing his wealth of knowledge and expertise to these ventures. Beyond his legal publishing ventures, Sean expanded his portfolio by publishing the "Cannabis Law Rpt" and "Law Jnl," managing www.practicesource.com, and establishing himself as the founder of the independent record label, Metal Postcard Records.

Taking cues from legendary hip-hop moments, the atmosphere and branding of Dazed Cannabis infuse old-school vibes with bright and modern elements. From dope merch, curated playlists, celebrity-hosted events, and meet & greets, the brand is bridging the gap between cannabis, entertainment, art, and music. Dazed is a space where you can unwind, have a great time, and connect with like-minded individuals.

Dazed Cannabis is on the precipice of a major brand expansion, with three new dispensaries opening across New York City and Massachusetts this Fall. Additionally, the brand has several collaborations upcoming with like-minded brands across multiple vertices from art, to streetwear, to cannabis. Watch this space.

We also talk about the education, training, and licensing of social equity applicants and the possibilities that legacy operators can have to participate. Katie is an attorney with a leading New York government affairs law firm, where she assists dozens of clients on NY regulatory compliance issues in heavily regulated industries, including cannabis, gaming, and financial services.

Channon also discusses the challenges and opportunities in the cannabis industry, including the need for product consistency and the potential impact of federal legalization.

Plus, we have a great discussion on How Branding Is Much More Than Just Marketing with Andreas (“Dre”) Neumann, Jushi Holdings’ Chief Creative Director and GRAMMY® award winner. Dre is the Chief Creative Director of Jushi Holdings and has been at the forefront of advertising, branding, entertainment, and technology for the last three decades. 

In addition to being a known and respected leader in the creative and technology arenas, Dre is known for his photography and work with artists such as Queens of the Stone Age, Iggy Pop, Foo Fighters, ZZ Top, Lenny Kravitz, and many others. He has also been cited as one of the world’s top rock photographers. In 2020, Dre was awarded a GRAMMY® for Best Album Package, recognized for his photographic contribution to Desert Sessions Vols. 11 & 12, which has been described as one of the most mythical, longest-running rock ‘n’ roll mixtape odysseys in existence. It’s the sixth compilation album by the desert rock supergroup Desert Sessions, an art project of Queens of the Stone Age frontman, Josh Homme.

The Expo has undergone several changes over the years, with new ownership and branding and, like all large events, a hiatus during COVID. The event remains the same industry staple, though, with people from across Canada flocking to those two cities to ensure they don’t miss out. 

The Lift Expo was initially a part of Lift Cannabis (and briefly Lift & Co), an online news and review site for the industry, from 2014 to 2020. The Expo was purchased by a new owner in 2020, MCI Group, an international leader in event management. Following a hiatus due to COVID restrictions, the Lift Expo returned to Toronto in late 2021 and May 2022, followed by Vancouver in January 2023. Lift's Director of Marketing Lisa Petty fills us in. 

We also spoke with Lane Radbill, Chief Marketing Officer of Highsman. Highsman is the official cannabis lifestyle brand of one of the most electric NFL running backs of the century, Ricky Williams. The Highsman Lifestyle Shop was built at the intersection of comfort and functionality with accents from a heritage rich in sports.

Originally created by one of California’s leading cannabis brands, Dablicator partners with vertically integrated operators and premium extract brands to deliver the easiest, most versatile way to experience cannabis. Their patented Dablicator™ oil applicator is designed to replace a messy syringe and is ideal for all oil types including live rosin, solventless, live resin, RSO, distillate, hemp CBD, and more. The Dablicator brand partner program provides a turnkey solution with fully brandable hardware, packaging, and marketing materials that drive product innovation and accretive retail revenue with your brand and your oil.

Dr. Jim Woody, CEO and Director of 180 Life Sciences, a clinical-stage biotechnology company. 180 Life Sciences aims to develop SCAs that are safe, non-psychoactive, and formulated to improve efficacy and bioavailability – a real alternative to unregulated cannabidiol (CBD). Through this program, 180 Life Sciences is working on orally available SCAs, not derived from plants, to address the deleterious issues of medical cannabis. If successful, these SCAs could offer a robustly consistent and safe dosage that allows patient intake to be carefully controlled.

With so much knowledge to impart with a distinct sense of urgency, Lewis is a frequent speaker at global events on topics ranging from redesigning and rewilding built environments to the future of psychedelics (The National Psychedelic Conference 2022) to the role of permaculture in preventing natural disasters (Natural Disasters Expo 2023). https://www.newclimateculture.com/

Dr. Safiya Lyn-Lassiter recently joined the interesting debate focusing on the effectiveness of medicinal marijuana (MMJ) use among Florida residents. As an advocate of MMJ, she created a user-friendly website (www.askdoctorlyn.com) to identify, evaluate, and recommend MMJ for qualifying patients.

David founded the Doctors for Cannabis Regulation, the first national physicians’ association dedicated to the legalization and effective regulation of cannabis in the United States. 

We learn how, prominent public health, social justice, and patient advocacy groups, are compelling cannabis policymakers and regulators from the U.S. and around the world to adopt a universal International Intoxicating Cannabinoid Product Symbol (IICPS) for all cannabis product packaging.

The EPA's eventual inquiry focuses on the utilization of pesticides in cannabis cultivation, which would echo the landmark legal battles waged against RoundUp's manufacturer, Monsanto, in the previous decade. While the cannabis industry has experienced explosive growth and widespread legalization in recent years, the regulatory framework surrounding pesticide use has struggled to keep pace.

The EPA could allege that some commonly used pesticides in the cannabis sector pose serious threats to human health and the environment.

The EPA's inquiry is a complex and highly charged process, with both proponents and opponents presenting scientific studies and expert testimonies to support their positions. This legal drama could have profound implications for the cannabis industry, which, in recent years, has evolved into a multibillion-dollar economic juggernaut.

Cases could be reminiscent of the legal battles that ensnared Monsanto over its glyphosate-based herbicide, RoundUp. In those cases, Monsanto faced substantial legal penalties after the product was linked to cancer and environmental damage. The outcome of the cannabis industry's own pesticide controversy remains uncertain, with billions of dollars and the industry's reputation hanging in the balance.

MAISON BLOOM, renowned for its position as a premium craft cannabis beverage beloved by bartenders and mixologists, proudly announces the launch of MAISON BLOOM All-Natural Hemp-Based THC Elevated Seltzers. This release marks an evolution from the brand's established lineage of Strain Specific, Whole Plant, Single Barrel craft cannabis beverages, showcasing an artful fusion of botanical alchemy. Crafted with an exclusive blend of all-natural hemp-based delta-9 THC, THCV, CBD, CBG, CBN, and a proprietary botanical terpene blend, these seltzers epitomize innovation and elevated craftsmanship.

With its pioneering spirit, MAISON BLOOM redefines everyday experiences as the world's first purveyor of craft cannabis-infused beverages. Driven by a commitment to transform well-being and recreation, the brand masterfully combines the enchantment of plant magic with culinary ingenuity. This dedication shines through in their meticulous curation of flavor-forward beverages that feature the finest sun-grown craft cannabis and high-quality plant-based ingredients. The result is a series of offerings that are Strain Specific, Whole Plant, Single Barrel, and consistently irresistible.

David Charles is a growth marketer, storyteller, and serial entrepreneur. Currently, he serves as the Co-Founder, CEO, and COO of MOOD, a surging e-commerce dispensary that produces legal, high-quality THC products tailored to set your mood.

David is the Editorial Director of Digital Media at Industrial Media, a publishing company that owns some of the most recognized websites in the manufacturing industry, including Industrial Equipment News, which has been around since 1933, Manufacturing Business Technology, Manufacturing.net, and Food Manufacturing.

Millions of manufacturing professionals consume Industrial Media content, including manufacturing industry news, deals, insights, product reviews, user reports, and more, monthly, using it to save time and money when researching machinery and accessories and make the best decisions for their manufacturing businesses.

David has been covering the design engineering and manufacturing industries for 15+ years and is responsible for creating and coordinating highly engaging digital and multimedia content across Industrial Media's portfolio.

He played a leading role in the rebirth of Industrial Equipment News, Manufacturing.net, and Food Manufacturing and Co-founded Cannabis Equipment News, Design and Development Today, and Medical Design & Development, news outlets that serve cannabis and design engineering professionals.

Nidhi Handa is the founder and CEO of LEUNE, a California-based lifestyle brand that aims to redefine the narrative surrounding cannabis culture. With a background in luxury brand communications and working with influencers and talent, Nidhi brings a unique perspective to the cannabis industry.

The Flora Match platform, designed specifically for the cannabis and CBD industries, offers personalized product recommendations based on an analysis of over 650 million data points, including product components, customer lifestyle factors, and desired effects.

Ben explains that by bridging the data gap, brands can benefit from a more holistic understanding of their consumer base, and consumers can find products that best cater to their needs. This partnership signifies a significant step towards a future where technology and retail merge to provide a seamless, personalized, and efficient cannabis shopping experience.

We also talk about Pest Management, Organic Pesticides, and More For Cannabis and Hemp with Aaron Appleby, Owner of White Coat Laboratories.

Aaron recently Spoke on "Understanding Cannabis Ecology to Better Manipulate Secondary Metabolites and Pest Populations" at NoCo Hemp Expo 2023. 

Recognizing the lack of research and dissemination of information from universities and extension agents to the cannabis industry, Aaron created White Coat Laboratories a Cannabis research and consulting business focused on solving industry-wide problems at a farm scale. As a Certified Crop Adviser, Aaron is licensed to consult on all aspects of Cannabis production, but a special interest and talent of his is creating custom-integrated pest management programs specific to each company’s site of production and cultural practices. Aaron utilizes conservation biocontrol tactics, to create habitats including native plants that are attractive to native beneficial arthropods and deter pest species in a push/pull approach to combating pests. Working with several cannabis producers, White Coat Laboratories is also studying plant volatiles (including several terpenes commonly associated with cannabis) and their involvement in plant defenses as well as arthropod attraction or deterrence.

The RAW Seeds Fellowships aim to provide opportunity to legacy cannabis operators - those involved in the cannabis industry prior to its legalization - who are trying to navigate the new, legal market.

We also the conference's commitment to social equity and their upcoming Fall 2023 event in Detroit, Michigan, from October 10th through 12th at the Motorcity Casino Hotel.

Remedy Maryland is on a mission to give Maryland’s registered Medical Cannabis patients a curated selection of the highest quality, most effective, and clean products available today. And they do it all in a safe, welcoming, and comfortable environment; that’s why they’re Maryland’s leading cannabis dispensary.

Cannabis today is much like acupuncture when founder Bob Duggan crisscrossed the globe to bring understanding and legitimacy to natural healing. Unfortunately, cannabis is a stigmatized plant, despite its growing acceptance and legality, but, like their founder, they believe knowledge is healing, so they’re committed to providing education and exceptional products so you can realize the genuine benefits of this natural medicine. 

We talk to Ricardo about the intersection of cannabis and psychedelics based on his observations attending the 2023 Psychedelic Science Conference in Denver. We also talk about the positive media coverage from the likes of Rolling Stone and Vice about the event and how that compares to the critical coverage cannabis gets. 

We also discuss the paths of legalization with psychedelics getting leverage by needing only FDA approval for each treatment while cannabis needs policymakers. We also discuss Ricardo’s appointment as a board member to the Natural Medicine Advisory Board in Colorado under the leadership of Colorado Governor Jared Polis.  

Her expertise is in the intersection between food, science, and technology. She entered the cannabis industry in 2015 and is known for being a provocative thought leader in the realms of the future of food and cannabis consumable innovations.

 Chris Chiari is a driven entrepreneur and award-winning film producer with a wealth of experience in corporate strategy and regional politics. Skilled in marketing and messaging, he has engaged exclusively with the cannabis industry since 2011 and is a tireless advocate for cannabis policy reform and fostering industry growth.

 Chris owns and operates Denver’s historic Patterson Inn, the keystone of The 420 Hotels portfolio. As CEO, he uses his expertise in hospitality, operations, and community outreach to address the stigmas and ignorance that still exist around cannabis use while creating a unique and upscale environment for cannabis consumption.

 With a deep appreciation for the power of collaboration, Chris has built a wide-ranging network throughout his career spanning corporate boardrooms and the entertainment industry. Public Enemy Number One, a film by Chris Chiari, is a feature documentary about the War on Drugs and counts entertainer Ice-T as one of its executive producers. 

The film won awards for Best Producer and Best Storyteller at its world premiere at DOC LA 2019 and Best Documentary at the 2020 Seattle Film Festival. It is currently available for rent on Amazon Prime and streaming on Pluto TV and Tubi. 

Chris is a former Deputy Director of Colorado NORML, serving for over eight years.. When not working on The 420 Hotels portfolio, Chris likes to stay involved with grassroots advocacy and advancing social reform; he was one of the five members of the petitioner's committee of Denver’s successful 2019 psilocybin ballot initiative.

The announcement from last November we prefaced at the top of the show was that Gumbo Brands would now be sold by Cookies. Karim said, “Uniting Cookies and Gumbo just made sense—we all share the same values when it comes to helping others, producing quality products, and expanding our footprint, while still keeping it true to the culture.” We talk about connecting with Berner to make this relationship.

Gumbo Brands also hosted a sold-out 4/20 Gumbo Pop-up and live concert in Elizabeth, New Jersey, marking the first-ever 420 market and concert. Our guests had vendors showcased various cannabis-infused products and strains, food vendors, and a live concert with Chinese Kitty, Lola Brooke, YTB Fatt, and Tripstar from Moneybagg Yo’s Breadgang level, and Moneybagg Yo himself along with headliners Fat Joe, Remy Ma, and Jadakiss. We talk about that experience and much more!

He most recently ran for Brooklyn Borough President after serving 8 years as the Vice President of External Affairs at Brookdale Hospital Medical Center – the hospital’s first Vice President of color. Khari has also served as the Brooklyn Council President for Make-A-Wish New York, where he led a two-year campaign to enlist volunteers to enroll over 400 wish granters for children in Brooklyn.

As Ayr’s Head of Corporate Responsibility, Khari is responsible for providing strategic leadership and advancing Ayr’s commitment toward being a Force for Good by creating a culture of inclusion and providing avenues of opportunity in the cannabis industry.

Under RMA, eligible cannabis operators can easily opt in and take advantage of best-in-class insurance coverage and services with partner carriers and brokers. They can also access industry-leading compliance tool Simplifya services as well as have the majority of the cost paid for, which will help businesses stay compliant and up-to-date with ever-changing state regulations – a crucial step in ensuring financial strength and consumer safety.

The new offering brings qualifying cannabis operators working with participating RMA insurance carriers and/or brokers to receive 70% off the cost of Simplifya’s core suite of operational and regulatory compliance solutions – paid for by participating RMA insurance carriers and brokers. Simplifya customers are also eligible to receive deep discounts on insurance premiums from RMA carriers and/or brokers at policy renewal or during new policy signup. Cannabis operators who subscribe to Simplifya and work with RMA partner insurance carriers and/or brokers are now eligible for one or more of the following benefits: Majority of Simplifya Services Paid For and Preferred Pricing on Insurance Premiums. 

She has more than a decade of experience building and scaling businesses, including a tech platform and turnkey retail model tailored to the cannabis industry. MJBizDaily recently wrote that the cannabis industry is expected to endure more layoffs and pain in 2023 – and perhaps beyond – after a tough year marked by companies cutting hundreds of employees amid falling wholesale prices and slowing demand.

Sara was interviewed for an article by Cannabis and Tech Today about how while the cannabis market expands worldwide with new strains, upstart cannabis manufacturers, and many established entities, the need for cannabis companies to differentiate themselves is immediate. She said that people involved in the cannabis world “must be okay doing something innovative and different.” and you urge companies to invest the extra time and resources required to create a brand, whether that means hiring someone in-house or another professional.

At Green Check, Paul leads the compliance team that designs cannabis banking programs for financial institutions. Paul is an active member of the cannabis banking regulatory community, contributing to trade publications and speaking virtually and in person across the country on the subject.

Established in 2017, Green Check Verified brought together leaders in banking, compliance, and technology to build a company that enables financial institutions to safely and successfully offer services to the legal cannabis industry by utilizing best-in-class technology solutions and advisory services.

Before joining Statehouse Holdings, Angela led a dynamic team across marketing, research and development, and scientific affairs, she launched two new brands, introduced 70 new products, and directed an existing portfolio of 12 brands at CannaCraft. 

StateHouse Holdings Inc. recently joined the Cannabis Research Coalition, a collaborative research partnership between The Hemp Mine and Clemson University. The partnership will address cannabis cultivation and postharvest challenges.

CannAccounting in a Box™ is part of a comprehensive set of cannabis accounting services The Blunt Accountant™ developed to help plant-touching canna-business owners better manage their accounting operations. CannAccounting in a Box™ is a proprietary solution that gives canna-business owners the tools they need to set up IRC 280E-compliant accounting operations. The solution is based on the three audit areas the IRS will focus its audits. The goal is to make sure a new business is IRC 280E compliant before generating the first sale.

Brian Fitzpatrick is the chairman and CEO of Qredible and has been a CEO and Executive Leader of software and related platform companies for over 25 years. His specialty is innovative cloud-based software that solves complex industry issues using advanced technologies like machine learning, robotic process automation, and blockchain.

Brian explains: "A CBD company owner was literally in tears when she saw how our platform helps her to stand out in a crowded space and that our only mission is promoting trust and transparency. She was amazed that we don't take revenue from her when a consumer or wholesale buyer finds her on the Qredible platform." He told her that "this would be a conflict of interest". Qredible's goal is to vet and verify quality brands and help consumers to find you.

BLAZE ECOM is a native e-commerce technology that indexes retailer product menus, improving retail sites' SEO and driving more organic traffic. BLAZE ECOM also provides enhanced store branding and advertising opportunities while offering retailers the ability to set up their own e-commerce mobile applications at no additional cost, allowing for marketing via push notifications that typically prompt higher conversion rates.

Delivery services allow cannabis companies to reach customers in areas where dispensaries are not allowed. While cannabis delivery is an incredible opportunity for companies to reach new customers they would not otherwise be able to, following the law can be difficult in an environment with a patchwork of local laws and changing regulations.

This led to lawsuits and MedMen essentially disappeared from the industry. Adam is now working with cannabis companies and investors to expand consumer access on a global scale. He was also responsible for setting the trend of dispensary design, with a layout similar to an Apple store.

Adam, the founder of MedMen, a cannabis unicorn, had a ten-year run of building the company and brand. He left the company and gave up his board seat and voting rights. Since then, MedMen has gone through three CEOs and has not recovered. 

Adam's biggest takeaway from his experience is that even though he was the face of the company, it didn't matter as people expected that person to be a party animal. He believes that the same stories would have been told about the company and the person regardless of who it was.

These exceptions include that the ads cannot promote or offer the sale of cannabis, with the exception of topical or non-ingestible hemp-derived CBD products that contain equal to or less than 0.3% THC.

Twitter recently announced that it will allow cannabis advertising in 2023, with a few restrictions. These restrictions include only targeting geographical areas in the US where cannabis products and services are licensed, not targeting users under 21, and complying with all applicable laws and regulations surrounding cannabis marketing. 

Ashley and Aaron weighed in on the announcement, noting that it is an important social and cultural step for cannabis advertising, but it is still uncertain how it will affect business strategies. They agreed that it is an important moment to pause and reevaluate paid strategies and how they are promoting brand awareness.

Allay Consulting and The GMP Collective are now joining forces amid the rapid national growth of the cannabis, hemp, and emerging psychedelics sectors, with a focus on current Goods Manufacturing Practices (cGMP) compliance. 

Through this partnership, The GMP Collective will now have increased availability to focus on working with governments, standards bodies such as ASTM International, and ancillary service providers to lead the development of a cohesive regulatory framework that will align the disjointed statutes of the cannabis and hemp industries, both domestically and internationally. 

According to the Journal of the American Medical Association, there are more than 50 publicly traded companies related to the development or administration of psychedelic drugs in the U.S., with at least three valued at more than $1 billion. The U.S. market for psychedelic substances is projected to grow from $2 billion in 2020 to $10.75 billion by 2027. We talk about the appeal of psychedelics as a means of deviating and diversifying from cannabis and much more.

While growing rapidly, and now in more than 35 states, the cannabis industry still faces a massive shortage of debt financing from traditional bank and non-bank lenders. Today, what little debt financing is available to the industry is generated by high-cost sources of capital including sale-leasebacks, non-conforming asset-based loans and other forms of debt capital that are more expensive than the solutions available to traditional, federally regulated industries.

FundCanna is the leading source of debt capital to the cannabis industry. For more than 20 years, their team of financial experts has provided nearly $20 billion in funding to underserved businesses and individuals across the country. FundCanna products are flexible and designed to service the unique needs of this amazing space. For more information about cannabis financing.

Sarah is now on Blunt Business to talk about her new luxurious CBD product line called Born to Fly, which is named after one of her chart-topping signature songs. She expresses her gratitude for being on the show and for the kind introduction. Jorge reveals that he first heard her music in the form of the song Suds in a Bucket and found himself compelled to stop and watch the video every time it was on.

Sara is discussing how CBD has helped her to manage the chronic pain and anxiety she still experiences due to a hospital stay she endured at a young age. She explains that using the Born to Fly Roll On product and drops has helped her a great deal to relax the tension in her back and reduce her anxiety. She explains that when she was a child, she was unaware that she was dealing with PTSD after a traumatic event such as almost dying and having to endure numerous surgeries to correct her legs. CBD has been a saving grace for her in terms of managing her chronic pain and anxiety.

Our guest Sara Evans, who is a singer-songwriter, has had a long career and has struggled with anxiety and PTSD from a car crash. She discovered CBD and found that it could help her pain and anxiety, so she decided to start her own CBD line and brand, which she called Born to Fly after a song she wrote about her life growing up in Missouri. She said that the message of her CBD line is that everyone is born to fly and should not be held back by pain, anxiety, or PTSD. She is proud of the product and said it is one of the most exciting things she has done in her career. She also noted that she still has to maintain the image people expect of her when she is performing on stage.

Roy Bingham, CEO of BDSA, recently released an updated five-year global legal cannabis market forecast, predicting that legal cannabis spending will grow from $32 billion in 2022 to nearly $60 billion by 2027 at a compound annual growth rate of 13.2%. The US is predicted to drive this growth, especially with adult-use markets in Missouri, New Jersey, and New York, as well as the top four markets of Florida, Illinois, Massachusetts, and Michigan, which will see an increase of nearly 10% in 2023, adding $770,000,000 in new spend. Despite the rapid price declines and flattening of sales, the cannabis industry is proving to be an impenetrable force, with growth continuing despite inflation and other obstacles.

The conversation focused on the current and projected growth of the global cannabis market. The speaker noted that the current global cannabis market is valued at $32 billion, of which the United States makes up over 80%. The speaker projected that the global cannabis market would grow to $60 billion in five years' time, with the United States making up 75% of that total. The conversation then turned to the US market, which is projected to grow to $44.5 billion by 2027 at a compound growth rate of 11%. The speaker then discussed the cause of the slower-than-expected growth in 2020, which was attributed to price compression in mature US markets due to an oversupply of cannabis. Price declines of 10-20% were noted in some of the larger US markets such as California, where a 17% decline was experienced in the five-quarter period ending at the end of last year.

The conversation discussed the taxation and revenue issues affecting the legal cannabis industry in California. They discussed the difficulty of being a legal cannabis company in the state, as consumers are still turning to the illicit market due to cheaper prices. The issue has been further compounded by the pandemic and the resulting lockdown orders, making the illicit market even more appealing. The conversation then shifted to investments and the significant decline in stocks of the major macOS in the last twelve months. This has caused companies to struggle to raise capital in order to fuel their growth plans, leading to layoffs and companies trying to get to profitability. The conversation then concluded by discussing the upcoming cannabis markets in New York and New Jersey.

Elevations Hotels and Resorts, based out of Arizona, announced in January they will convert the Artisan Hotel Boutique, which is just off the Las Vegas Strip, into The Lexi, a 64-room hotel with the entire fourth floor designated as cannabis friendly. Elevations also own and operate the Clarendon Hotel & Spa in Phoenix, which lays claim to being the state’s first cannabis-friendly hotel. We discuss how amenities and the guest experience will ultimately be different and how this Vegas location will be able to perform. 

The Street reports that Las Vegas has a cannabis conundrum. The city allows the sale of marijuana for recreational use, but it only allows it to be smoked in private residences. That means that people visiting the Las Vegas Strip, Fremont Street, or any other part of the city are technically breaking the law when they light up.

Nevada has taken steps to correct the problem. The state has set the framework for legal consumption lounges and two very interesting players are getting close to giving Las Vegas tourists a place to legally (and comfortably) light up their joints, pipes, and other methods of smoking cannabis. 

Gelato Canna Co. is not even a year old and has already landed its product line of vapes, edibles, concentrate, pre-rolls, and flowers in over 400 cannabis dispensaries throughout California and Michigan, with the bulk of its presence in the Golden State. They have yet to take a single investment dollar and hit their first million-dollar month in October at their eponymous Lake Elsinore store.

A distinctive aspect of Gelato’s founders is that they followed and understood the simple laws of offer and demand. In the midst of the hype, even while they were succeeding in the vaping segment, they got into concentrates. Now, once again ahead of the curve in market trends, they circle back to the basics. They went into premium flowers, which are not what they used to be.

Paybotic specializes in advanced technological solutions for payment processing providing financial solutions to help cannabis businesses in the United States. throughout the nation grow and succeed.

One major issue in the cannabis industry is the lack of financing and payment processing programs available. We continue to await some federal relief to legal barriers that have continued to create difficulty for dispensaries to obtain services, record sales, process payments, and hinder the growth of many marijuana dispensaries. All you have to do is look at the crisis ongoing with the industry in California. While we are still waiting for legislation like the SAFE Banking ACT to be implemented.

More private lenders are entering the space and bringing with them innovative approaches to working with cannabis businesses. These lenders are not afraid to maneuver around historic industry barriers to financing and are opening up to cannabis companies' lending opportunities that have been available to other industries for decades.

For starters, cannabis businesses with assets can now use those assets as collateral for a loan. If the business already owns property or a building, for example, or if it has substantial stockpiles of equipment, these assets can be utilized to take out a loan against the value of these assets. These loans are classified as real estate loans or equipment loans.

Similar to Discover and American Express, SuperNet acquires new credit card holders by partnering with financial institutions and cannabis merchants and is the only payment network that officially accepts and grants permission to process transactions from cannabis merchants

SuperNet is getting ready to launch a new credit card that will be the only credit card to be accepted at marijuana/cannabis dispensaries. SuperNet will also allow for the transactions of NFTs, letting consumers spend their crypto – another first.

 We talk about Conditional Adult-Use Retail Dispensary licenses or CAURD licensees that have been granted to the first retail dispensaries to open for legal adult-use cannabis sales in New York State. On the recent decision to allow licensees to select their own site, Jason said "They didn’t necessarily rush issuing the first CAURD licenses and still did not have leased space or funding committed (although FYI, per DASNY (or Dormitory Authority of the State of New York) they are ready to go – they just do not have leased space to start). It shows the lack of practicality of the OCM mission."

He fills us in on why The best bet is to reopen CAURD licensing and let folks who qualify to apply and also have the ability to outfit their own space on their own dime have the opportunity to do so.

Leaftrade helps facilitate ordering and fulfillment. It’s more than a marketplace for wholesalers and retailers in the cannabis space. Leaf Trade streamlines the entire ordering & fulfillment process, payment process, and post-sale reporting. 

They go on to write about GMPs and How They Could Potentially Have a Financial Impact on the Cannabis Industry. Deciding to “Go GMP” could potentially have lasting financial impacts on cannabis businesses willing to do the work. They go on to write: More profit could also be made from higher prescription revenues when consumers are covered by state or private insurance providers.

TILT recently entered into an exclusive manufacture, supply, and distribution agreement with Curaleaf International Limited ("Curaleaf International") to bring the Jupiter-manufactured Liquid Que™ vaporizer to new territories abroad, for use as a medical device with extracts developed by Curaleaf International. 

TILT is a partner-centric company at its core. In early 2019, we pivoted our strategy to essentially build our business around true partnerships starting with cannabis brand deals to bring popular brands to our markets. As the industry turned its focus to brand partnerships, we were already finding immediate successes and went even deeper when thinking about how to enter new markets which brought us to the Shinnecock Nation.

For context, Treez Integration Hub unlocks access to integrations with best-in-breed technology providers from cannabis and beyond, including enterprise-grade CRMs, business intelligence, communications software, ERPs, and supply chain software solutions. 

The Hub works with systems like Odoo, Salesforce, SAP, and NetSuite, as well as, bringing their own tools all through one integrated platform. The platform is now expanding into 8 states. 

Now, Treez will be able to provide embedded partner-powered fintech solutions that will ultimately lead to more transparency, stability, and better processing rates for retailers. Additionally, Treez will be able to leverage and further build upon the Swifter technology to allow more traditional banks and fintech providers to more easily enter the space as legislation efforts like SAFE banking get closer to passing.

Marketing/branding and compliance above and beyond state control board-determined standards should continue to be the end goal. Social equity can only remain effective by calling out any and all passive and performative actors in favor of active representation.

Finally, attempts to gain positive public support by dispelling the media narrative are crucial in order to expedite legalization.

The law gives the U.S. attorney general 60 days to either approve a given application or request supplemental information from the marijuana research applicant. It also creates a more efficient pathway for researchers who request larger quantities of cannabis.

We look at the institutes of higher learning forwarding the need for undisputable research, and how two of the largest polling companies in the nation continue to survey and keep learning how the public continues to broadly favor legalization of the drug for medical and recreational purposes.

Wonderbrett, the legendary West Coast cannabis brand best known for world-renowned genetics, exotic terpene profiles, and pioneering cultivation techniques, announced today the debut of its first-ever collection of premium “Live Resin Carts” and custom “Drip” rechargeable battery for the California vape market, featuring the same full-bodied flavors the company built its reputation on in the flower and edible categories. Wonderbrett’s Live Resin Carts showcase the brand’s ultra-premium genetics, “Lemon OZ Kush,” “Orange Sunset,” “Strawberry Bliss,” “Orange Banana,” “Pink Picasso” and “Peach OZ'' in a distillate-free, 100 percent live resin oil cartridge, made with real terpenes and zero additives. For a suggested retail price of $30 each, customers will experience unparalleled flavor drawn from the best-quality glass tank, ceramic atomizer, and tip capable of delivering complex terpene profiles. 

Eben Sumner is the Founder and CEO of two businesses in the cannabis space, Casco Bay Hemp and 1780, a Maine Licensed Medical Cannabis Provider. Co-Founder and legislative chair of the Maine Growers Alliance, and shaper participant in Seed2Health; a think tank focused on forwarding cannabis as medicine. In Maine, Eben founded a caregiver company, named 1780, cultivating medical cannabis. Unfortunately, the complexities of federal law around cannabis made it impossible for this business to expand outside of Maine. However, Sumner quickly found that he could extend his reach through CBD and hemp products. Today, Sumner provides a variety of CBD products through Casco Bay Hemp. The products are all derived from USA-grown hemp, and all the manufacturing is handled right in Maine. The restrictions surrounding medical cannabis don’t apply to hemp, allowing Sumner to provide Casco Bay Hemp products all across the country and legal markets around the world.

California Governor Gavin Newsom reported that his newly formed task force eradicated 11,260 illegal cannabis plants and destroyed 5,237lbs. of illegally processed cannabis flower, worth an estimated retail value of more than $15 million. Led by the Department of Cannabis Control’s (DCC) Law Enforcement Division and the California Department of Fish and Wildlife (CDFW) the task force conducted an operation in a rural area of Jupiter in Tuolumne County on October 4, targeting unlicensed outdoor cultivation operations.

Some cannabis banking analysts said de-scheduling the drug could actually usher in more compliance reporting requirements for banks involved in the space. We always talk about compliance from the cultivation side, but we talk about the obstacles that stem from the banking side for the 700-some-odd banks that service the cannabis industry. 

According to a recent survey from the Independent Community Bankers of America, 65% of respondents stated that they would support cannabis reform which would permit banks to work with state-level companies. In addition, another 71% of respondents said that improved access to financial systems within the cannabis sector would reduce the dangers of the current cash-based market. Even more, participants stated that delays in banking services pose a safety threat to cannabis companies. 

We also talk about the current state of Cannabis banking today. Cannabis banking is currently handled only by a small portion of the country’s FDIC-insured banks who are willing to service cannabis companies operating legally under state law. According to the Financial Crimes Enforcement Network, only 755 banks service the cannabis industry, and that’s out of 4200 FDIC-insured banks.

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The illegal market will still be a factor in New York even with legal retailers operating in the Empire State. Alexander argues, citing other states that have legalized cannabis, that a successful legal market along with enforcement will slowly erode the black market but not completely eliminate it. On the issue of people selling cannabis outside of the legal market, Alexander says “by jumping the gun now, you put your future in this market at risk” and encourages retailers to achieve stability by going through the legal route.

The Office of Cannabis Management is following the instructions set out in the Marijuana Regulation and Taxation Act and is looking for applicants with prior business operating experience as well. The office is prioritizing small and medium retailers right now to help them grow before larger retailers come to New York. We talk about the Pros and cons first cultivators will face before supply chain dispensaries are open and much more today on Blunt Business. 

Historically, equity investors in the startup and venture capital space have been typically more comfortable dealing with corporations. However, in their experience, they have seen investors become more comfortable investing in LLCs—leading to more and more entrepreneurs electing the LLC structure.

There was also an explanation of the licensing process. There are a variety of entity types to choose from, but most cannabis ventures are either a corporation or a limited liability company (LLC). The LLC is the newest type of business entity and provides the most flexibility. Whether the LLC will be operated more similarly to a corporation or a partnership is a decision for each respective LLC’s founders.

To bring listeners up to speed, he built his career in executive search over the course of 16 years. During that time, he spent 13 years with the same company, focusing on tech. Since our chat last June, David launched the FlowerHire X application platform. He told Benzinga created FlowerHire X, to help job seekers understand what type of job in cannabis is relevant for them and help companies hire the right type of folks in the right type of job to unlock the potential of their workforce and reduce turnover.

Bespoke recently announced an integrated partnership with BLAZE Solutions (“BLAZE”), a leading cannabis technology company. The partnership establishes an embedded lending product providing cannabis retailers access to Bespoke’s financing at the click of a button within BLAZE’s Dispensary POS software.

Green Market Report spoke with Alex about Binske earlier this year and spoke about their unique branding philosophy and non-plant-touching IP model that has made them so successful. They wrote: “We bring the intellectual property to a partner for them to exploit in a specific territory.” Currently selling 150-plus SKUs across six states – California, Florida, Colorado, Nevada, Michigan, and Washington – with licensing deals in six more states, Binske’s Intellectual Property (IP)-based strategy has paid off handsomely for the multistate operator with headquarters in Denver and Miami, and you said the best is yet to come.”

We start with the success of Surterra Wellness and the rapid expansion in Florida — 50 stores are currently open, 5 of which opened in the past 3 months. We talk about the coverage in the state and how Zack's team has spread out locations quite effectively to cover such a large ground of metropolitan areas around the state. Florida recently announced plans to expand its $1.3 billion-dollar medical cannabis industry in 2022.

We spoke with Eric last August, and his team has not stopped with the new products. Let’s focus on a few, starting with his highly-anticipated Rose Cones & Wraps deemed a healthier alternative for consumers. Zig Zag has also launched a collection of Terpene Cones made from premium hemp and infused with hand-selected terpenes that offer the best flavor profile pairing. The terpene-infused cones feature four infused selections: Grand Daddy Purp, Limoncello, Shortcake, and Clementine.

To outline the state of the industry and current market opportunities, Benzinga will bring to the stage a celebrated lineup of over 150 speakers to their upcoming Cannabis Capital Conference in Chicago on September 13th and 14th. Some reports have stated trends in 2022 where Multistate operators have found it easier to enter new markets by acquisitions rather than building from scratch.

My guest works with key opinion leaders across the country to find solutions that mitigate inherent risk factors throughout the supply chain for both the Cannabis and Hemp industries. bioMérieux was recently awarded the 2022 Food Safety Innovation Award for Predictive Diagnostics from the International Association for Food Protection (IAFP).

CPPC (Cannabis Public Policy Consulting) has launched with ambitions to embed advanced data science, public health values, and sustainability into the public conversation on cannabis. The group is led by bold public health professionals and formerly controlled substance regulators and their goal is simple - provide policymakers and cannabis-adjacent businesses with the data to predict and solve legalization challenges.

Upon entering the cannabis industry, Kim co-founded an advanced energy company and held numerous management positions at Intel, where she managed a $200 million capital budget, and led planning for a $1 Billion expansion. She also held roles in finance, operations, and strategic planning. Prior to Intel, Kim served as an aide in the US Senate focusing on foreign affairs and science and technology policy.

You may recognize them from his appearances on NCRMA’s Chronic Risk series here on Cannabis Radio. Many of the risks cannabis businesses face are because the industry lacks clear standards and guidelines. It is every operator’s responsibility to be able to identify and mitigate risk, as every individual business makes an impact on the overall success of the industry as it grows. Its mission is to provide solutions designed to identify and mitigate threats that can be detrimental to your business goals, brand, and reputation.

Weedmaps has collaborated with Cann on a star-studded Pride campaign featuring Patricia Arquette, Gus Kenworthy, Hayley Kiyoko, Sarah Michelle Gellar, and several stars from RuPaul’s Drag Race, and more. This campaign celebrates the LGBTQ+ community with the release of an original song and music video, “Taste So Good” – a rallying cry and new anthem for a movement focused on radical inclusivity – to debut Cann’s new Lite flavors.

Our next guest might be best known as the bassist for the Grammy Award-winning hard rocker System of a Down, who have sold over 40 million albums in their storied career. Today he runs a lifestyle brand with some of the best cannabis on the menu in 22Red.

22Red features a line of premium cannabis and hemp-derived CBD products. They have strains like Church22, Mimosa22, Caramel Gelato, and 22 OG. They also produce vape cartridges featuring tanks filled with OG Kush, Strawberry Banana, or Watermelon.

The new name embodies best-in-class products, services, and scientific expertise while paving the way for long-term vision and growth. VERT speaks to both green and truth – in line with our roots in cannabis and dedication to being the best partners to our customers.

Crypto Cannabis Club CEO Ryan Hunter runs the original NFT collection and Metaverse community for crypto and cannabis enthusiasts, and he is on to talk about the launch of the first ever NFT-powered cannabis brand.

The Crypto Cannabis Club is a groundbreaking new community that forms the intersection of cannabis, crypto, and the Metaverse. Our rapidly growing, global community includes digital art aficionados, high frequency cannabis consumers, and crypto enthusiasts. In November, the CCC launched real world benefits for holders of its NFTs. The CCC has already announced partnerships with leading Cannabis brands including: Highsman, Old Pal, Dr. Dabber, King Palm, Higher Standards, Vibes Papers and Marley Naturals.

CCC now becomes the first NFT collection to provide its members with a real-world cannabis product. To achieve this, the CCC partnered with CampNova to provide California cannabis consumers with premium packaged cannabis flower, hand-selected by the CCC. CCC products are available to all legal cannabis consumers in California – but will be offered at a substantial discount to members of the CCC community who own an NFToker NFT. CCC cannabis products will be initially available in 1/8th ounce packages of premium cannabis flower featuring custom artwork from the CCC. Three packages out of the total production run will also include an NFToker NFT – currently valued at more than $600 each.

"Our goal is to provide the NFT owners in our community with the most exclusive cannabis experiences in the Metaverse and the real world. These worlds are rapidly converging, and we want to create a community beyond NFT ownership that will offer cannabis consumers a pathway between these worlds. Our hope is to be ambassadors between the Metaverse cannabis community and the IRL cannabis community.” Hunter said.

We talk with John, who has represented owners in the sale, acquisition, and valuation of thousands of daily and weekly newspapers, national and regional B2B and B2C magazines, conferences and trade shows, digital information, and technical solutions companies.

One of the nation’s most trusted mergers and acquisitions advisory firms.

Grimes, McGovern & Associates was formed in 2018 by acquiring the Global Events, Technology & Digital Media and US Newspapers groups from W.B.Grimes & Company.

Headquartered in New York City, with offices worldwide, Grimes, McGovern & Associates continues the tradition of more than 60 years of W.B. Grimes’ industry expertise advising various types of companies:

Grimes McGovern & Associates has a special focus on buyers and sellers on the lower middle market who need a high level of service throughout the M&A process. As part of its mergers & acquisitions advisory business, Grimes, McGovern & Associates offers buy-side, sell-side, and assessment services.

Tyson 2.0 is legendary boxer, entrepreneur, and icon Mike Tyson’s first foray into the cannabis industry and is focused on bringing consumers high-quality premium cannabis products at affordable price points. Today let’s talk to the people behind this new venture, Adam Wilks and Chad Bronstein. Adam formerly served as Chief Executive Officer of One Plant, a multi-state cannabis retail chain. Prior to One Plant, he served as COO of the venture capital firm SOL Global. Wilks also spent more than a decade scaling licensed retail brands including PinkBerry and Cold Stone Creamery. We dive into how Adam got involved with the folks at Columbia Care and how he and Mike Tyson got into business together. Jesse Channon, Columbia Care's Chief Growth Officer, whom we interviewed on Cannabis Radio said. "Celebrity sponsorship is one of the most effective ways to build an immediate product and brand recognition. Influencers have driven some of the most successful brands, from sneakers to alcohol and now cannabis. Mike Tyson is creating a completely different and authentic experience, and has positioned himself as a true ambassador for cannabis products.” CNBC referenced some of the top celebrity-related cannabis companies.

The family of music legend and cannabis advocate Bob Marley launched the “Marley Natural” cannabis line in 2016. Rapper and mogul Jay-Z created the “Monogram” cannabis line in 2020. Actor and comedian Seth Rogen, known for stoner comedies, started his “Houseplant” cannabis company in 2019. Martha Stewart launched her namesake CBD brand in 2020 and markets the line of wellness products for people and pets. Whoopi Goldberg, Jim Belushi, and of course Cheech and Tommy Chong are among the other many notables.

Kimberly (and Jeremy Berke, one of our previous guests and cohort at Insider) recently reported that Democratic leaders want to federally legalize cannabis, but six Democratic senators on Capitol Hill told Insider they had reservations about doing so. We talk about the hesitation and the pressure that is leading to these reservations that she learned about. In December, the MORE ACT was passed in the House and I haven't felt it has been anything more than symbolic. The SAFE Banking Act is being reintroduced after passing the House in 2019. We dive into how the Senate Democrats leaning on the bills in front of them that they want and can get passed.