Blunt Business

Craig Small, Attorney with Clark Hill returns for a discussion on the reclassification of cannabis and its far-reaching ramifications for the firearm industry. We explore the intricate legal conflicts between federal and state cannabis laws and their profound impact on gun owners. Our conversation unveils how reclassifying cannabis from a Schedule I to a Schedule III substance could potentially harmonize federal regulations, eliminating the legal peril for cannabis users who are also firearm owners. However, we also address the heightened scrutiny expected from the ATF towards firearm dealers catering to cannabis users. The dialogue further delves into the intersection of mental health and cannabis use, spotlighting it as a critical, yet overlooked, aspect of this evolving issue.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

We speak with Deborah Saneman, the visionary CEO of Wurk. She explores the dynamic rebranding journey of Wurk and the transformative evolution of the cannabis industry over the past decade. Deborah shares her expertise on how data-driven decisions are revolutionizing workforce management and employee benefits in this burgeoning sector.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.Advertising Inquiries: http

Paul Weaver, Head of Cannabis at Boston Beer Company, takes us through the company's bold venture into the cannabis market with their THC-infused iced tea product, Teapot. Discover how Boston Beer Company's expertise in crafting high-quality teas led to the creation of this refreshing, non-carbonated, ready-to-drink cannabis beverage, available in various blends for different times of the day.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 incor

We welcome Jay Virdi, Chief Sales Officer for Specialty Practices at HUB International, to discuss the evolving landscape of the cannabis industry and the complex world of cannabis insurance.  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 challen

We dive deep into the evolving landscape of the cannabis industry from a PR perspective with Jordan Isenstadt, SVP, Marino PR / Founder of Marino Cannabis Practice. In this episode, we explore the synergy between strategic PR efforts and the dynamic changes in the cannabis sector, particularly in light of the recent DEA rescheduling of cannabis.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 avo

More of Blunt Business, recorded live from the floor of Benzinga Miami 2024. We hear from three key figures in the cannabis investment space: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 comprehensi

Blunt Business is on location at Benzinga Miami 2024. In this episode, we sit down with Kyle Sherman, CEO of Flowhub, and Jeffrey Trappe from Planet 13 for exclusive conversations about the future of the cannabis 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.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Kevin Williams & Craig Small, Attorneys at Clark Hill, discussed the recent changes in the classification of cannabis and their implications for international trade and the cannabis industry. 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.Advertising Inquiries: https://red

We discuss cannabis investment opportunities, and regulatory hurdles with New Lake Capital Partners. CEO Anthony Coniglio, 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.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Robert M. DiPisa from Cole Schotz discusses recent developments in the cannabis industry in New York and New Jersey, with a focus on concerns about third-party advertising leading to consumer confusion. Legal challenges such as Leafly litigation and supply chain issues due to licensing delays were discussed. Additionally, insights were shared on proposed bills for psilocybin legalization in New Jersey for medicinal purposes. Robert highlighted his firm's emphasis on serving clients in the east coast region within these markets, providing a comprehensive view of the legal landscapes impacting cannabis businesses in both states and outlining key challenges and opportunities for industry stakeholders.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

We dive into the world of investment with Will McDonough, a titan in the financial industry and co-founder of Nancan Companies, as well as Chairman and Founder of Corestone Capital. With a track record spanning across continents and sectors, McDonough's insights are invaluable.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

Matthew Ginder, Partner in the Cannabis Law practice group at Greenspoon Marder talks about Florida's adult use cannabis legalization, with a focus on achieving voter approval for Amendment Three in 2024. Matt Ginder and Brasco debated THC restrictions, consumption locations, and industry support, highlighting concerns about opposition from healthcare industries and the importance of strategic messaging by Smart and Safe Florida. They contrasted failed ballot initiatives with Smart and Safe's streamlined approach, addressing legislative challenges and market influence concerns. The meeting highlighted regulatory hurdles, industry influence, and the strategic lessons guiding Smart and Safe Florida's approach post-legalization, including legislative discretion, industry funding impact, public messaging strategies, and tribal involvement under Amendment Three. Compliance efforts by current operators were commended for maintaining industry standards and perception.Advertising Inquiries: https://redcir

Blunt Business welcomes Michael Wang, Co-CEO and CFO with ISPIRE, a company specializing in e-cigarettes and cannabis vaping products. Discussions included collaborations with Hidden Hills, new device launches like Switch One, and partnerships with Burna Boy. Safety measures, regulatory challenges, and quality assurance with ISO and GMP certifications were highlighted. Market trends indicated a rise in vaping products in cannabis sales, with projections of vaping reaching up to 50% of retail sales. Strategic global expansion plans were explored through partnerships outside North America. I Spire's role as an innovator in hardware design for over 400 brands without direct branding association was emphasized, showcasing their forward-thinking strategies for staying ahead in the industry.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Blunt Business welcomes Sundie Seefried, CEO, Safe Harbor Financial to talk about Safe Harbor Financial's recent operations and future plans. Seefried highlights the company's successful earnings call, showcasing an 85.3% revenue increase in 2023 and strategic moves to expand services and launch new lending products. We delve into topics such as lines of credit for clients, challenges like 280E tax burdens, and the impact of rising interest rates. They explore underwriting requirements, lines of credit based on cash flow analysis, and reliability factors setting Safe Harbor Financial apart in supporting cannabis businesses.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, ec

Sara Gullickson, Founder and CEO from CB Advisors offers a sneak peek into her upcoming presentation at the Lucky Leaf Expo, where she will unveil strategies for executing operational plans for a successful cannabis launch in Minnesota. As the state gears up to join the ranks of legalized cannabis territories, her expertise promises to shed light on navigating this burgeoning market.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 b

Blunt Business discusses standardizing laboratory practices in the cannabis industry for accurate testing. We welcome Breanna Neff, Founder and Chief Food Scientist at brelixi, who shares insights on vetting labs for data integrity.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.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Blunt Business welcomes the CEO of Motif Labs Founder Mario Naric. We discuss the current state of the Canadian cannabis market, with Mario sharing insights on Motif Labs' success in the vapes and infused pre-rolls market. We highlight the significance of the upcoming review of the 2018 Cannabis Act, while later discussing the ongoing review of the Federal Cannabis Act and its impact on public health, consumption patterns, and indigenous communities. They also discuss the challenges and opportunities of navigating cannabis regulations in Canada, emphasizing the importance of compliance and exploring potential export opportunities.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

We continue our discussion with Cat Packer, Director of Drug Markets and Legal Regulation, Drug Policy Alliance about the Biden Administration's proposal to reschedule cannabis from schedule one to schedule three under the Controlled Substances Act, arguing that while this move is significant, it falls short of the promise of decriminalization made by President Biden. 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.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Cat Packer, Director of Drug Markets and Legal Regulation, Drug Policy Alliance joins Blunt Business for a 2-part interview where we first discuss the need for a comprehensive approach to cannabis policy reform that prioritizes social equity and harm reduction. We talk about the importance of addressing social equity concerns, such as the concentration of unlicensed activity in local jurisdictions, and responsible and equitable enforcement strategies to encourage consumers and businesses to participate in the legal market.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.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Paula Savchenko, Esq. Founder, Cannacore Group discusses cannabis licensing and regulatory compliance and the challenges and opportunities therein.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy