Shows
The Talking Hedge2024 Cannabis Crystal Ball Predictions: The Cannabis Industry Is F*cked!!!2024 Cannabis Crystal Ball Predictions, including:*lounges & lockers*Strain stability (availability)*S3 is BIG Pharma's trojan horse*5 year sideways movement*Increase in SKUs nationwide*More automation Summary:00:00 - Intro01:03 - 2019 prediction recap01:34 - Crystal Ball explanation02:36 - MJ Biz Con recap03:35 - thoughts from an activist to owner07:59 - Doom & Gloom, or Naive?09:45 - Distrobution is key11:11 - Cannabis Culture13:03 - Product innovation16:00 - 2022...2024-01-0959 min
The Talking HedgeAutomated PreRoll Machines - FULL LIST (2024)Manual rolling? please. Cannabis preroll automation reigns supreme at MJ Biz Con! Machines weave through production lines, spitting out flawless prerolls with robotic precision. These high-speed marvels churn out pre-rolls like clockwork, meeting demand without compromising quality. Touchscreens control weight, size, and consistency, ensuring every pre roll sings in unison. Smaller units with easy-clean designs and durable materials keep them humming, while multi-lane beasts handle production in droves. But it's not just about speed. These ROI-boosters slash labor costs and...2023-12-1932 min
The Talking HedgeInhaling Innovation: The Evolution of Cannabis Prerolls and VapesWe’ll delve into the evolution of prerolls and vaping~ two popular consumption methods, highlighting the groundbreaking innovations that’s shaping the industry. From the early days of handmade prerolls to the advent of sleek, technologically advanced vaporizers, the ingenious creativity and relentless pursuit of excellence by industry pioneers. Whether you are a cannabis connoisseur, an industry professional, or simply curious about the evolving world of cannabis products, this podcast offers an enlightening and entertaining exploration of the inhaling innovation.Listeners will gain valuable insights into the challenges faced by manufacturers, the significance of qua...2023-06-1330 min
The Talking HedgeProblems with Cannabis TestingThe Green Rush is a cannabis business talk show produced by Pro Cannabis Media discussing news issues in the cannabis market and each week conducts a deeper dive into specific topics of the industry. This week we discuss: Lab Testings Hosts:*Jimmy Young*Doug Miller, Maja Essentials Adult Wellness Cafe*Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.https://www.linkedin.com/in/joshkincaid/ Guests:Josh Smith, CSO & Lab Director of ABKO labsh...2023-03-0227 min
The Talking HedgeIndustrial Hemp Investing with Robert Palma of the Hemp OZ FundEngineer, Project Manager and Hemp Supply Chain Analyst, Robert Palma is passionate about sustainable development, creating a purpose-driven initiatives to accelerate the world's transition to sustainable living with The Hemp OZ Fund. Hemp OZ Fund is the FIRST and ONLY Industrial Hemp focused Opportunity Zone Fund in the world, investing in Industrial Real Estate and manufacturing in the Hemp Industry. Hemp OZ Fund is solving the lack of processing infrastructure by providing the expertise and capital to develop Industrial Real Estate into Hemp processing factories. The major advantage of the Hemp OZ Fund is being...2021-12-0341 min
The Talking HedgePricing Trends in Existing and Emerging MarketsWhen we look at pricing trends in new and mature markets, we see some patterns emerge. In markets that are in early stages of development, we usually see total sales and product assortment grow together. We see this reflected in the Michigan cannabis market, where sales have grown to $171M from December 2019 to July 2021 and product assortment has grown by 25 times in the same time period to nearly 9,000 products. Prices can start out high in new markets, but as supply catches up to demand and competition builds, prices begin to decline. In Michigan, for example...2021-12-0311 min
The Talking HedgeCannabis Marketplace with Leafly CEO Yoko MiyashitaCannabis discovery marketplace Leafly aims to help more than 125 million people discover cannabis this year. Their ecommerce tools help shoppers make informed purchase decisions and empower cannabis businesses to attract and retain loyal customers through advertising and technology services. Yoko Miyashita was appointed CEO of Leafly in August 2020 after serving as the company’s General Counsel since 2019. Yoko has spent her career serving mission-driven companies navigating complex global regulatory environments in order to bring meaningful and compelling products to market. An expert in policy and advocacy, as General Counsel, she led Leafly’s position on key...2021-12-0243 min
The Talking HedgeGermany to Legalize: an analysis of the Germany cannabis marketCannabis could bring Germany $5 billion a year. Legalizing cannabis could bring Germany annual tax revenues and cost savings of about 4.7 billion euros ($5.34 billion) and create 27,000 new jobs. Imports of medical cannabis flower into Germany hit record highs in Q4 of 2020, closing the year with a 37% year-on-year growth. As cannabis supply into Germany increases, so too does the competition for producers and wholesalers. Although the German medical cannabis market is at an early stage, it has shown great potential, and its future seems promising. However, it will take time to see how...2021-12-0206 min
The Talking HedgeCalifornia Cannabis Retail with Margot Micallef CEO of Gaby IncGABY Founder, President and CEO Margot Micallef of vertically integrated cannabis company GABY Inc. has ambitious growth plans for the California market. GABY is a California-focused retailer with its own proprietary brands in the market. GABY has relationships with over 200 retailers in the mainstream sales channel, and over 200 in the licensed channel, bridging the gap between the licensed dispensary and mainstream markets. A pioneer in the industry with a multi-vertical retail foundation, GABY owns a significant majority of its supply channels including manufacturing, distribution, and retail. GABY is an employee-owned company, with 100% of full-time employees owning shares...2021-12-0108 min
The Talking HedgeUber & the Impending Cannabis Delivery WarDelivery of food and alcohol boomed during the pandemic, and some think cannabis is next, especially with hopes for federal legalization. California-based cannabis delivery app Eaze, which saw new customer sign ups increase by over 70%, said on average orders were placed every eight seconds. 90% of respondents in a survey said they used online ordering and delivery services to purchase cannabis. Around 60% reported that online ordering and delivery would continue to be their preferred method of purchase post-pandemic. Cannabis businesses that provide pickup or delivery options made around 22% more in sales on average than...2021-12-0111 min
The Talking HedgeHealthier Edibles with Scott Jennings of Pantry Food CoPantry Food Co. was conceived in partnership with the creative services agency Green Street, which is 50% owned by Gary Vaynerchuk. Pantry has also partnered with award-winning chefs, Frank Castronovo and Frank Falcinelli, to create a unique line of low-dosage, delectable products. Prior to starting Pantry, CEO and founder Scott Jennings spent nearly a decade on Wall Street investing on behalf of institutions and private investors at both Barclays Capital and Morgan Stanley. During his time on Wall Street, Scott discovered his passion for Impact Investing and fell in love with the concept of...2021-11-2948 min
The Talking HedgePre-Rolls Category Data & PerformanceWhen we look at market share trends over the last few years, we notice that market share of Pre-Rolls in Canadian markets is much higher than in US markets. Over the last year market share of Pre-Rolls in Canada had an average of 18.6%, while in the US, market share of Pre-Rolls was an average of 9.5%. When we look at market share by individual states and provinces, we see that Pre-Roll market share in Canadian provinces is much higher than in most US states, with Massachusetts as the one exception. Segment sales share of...2021-11-2908 min
The Talking HedgeCannabis Vaporizers with Cort Smith of DaVinciA global inventor & entrepreneur with 30+ years facilitating China manufacturing and over 600 products brought to market. Directed international product launches, built 70+ large scale projects in China and produced China's first X Games. Inspired by the vision and tenacity of Renaissance innovator Leonardo da Vinci, Cortney Smith founded DaVinci Tech in 2011 with the desire to change the world’s imagination. DaVinci Tech designs tiny devices that are changing the bigger conversation about cannabis consumption, including building responsibly and bringing clean consumption to the forefront. Guest: Cortney Smith https://www.linkedin.com/in/cortney-smith-a1a31a/ 2021-11-2608 min
The Talking HedgeCannabis Sales Data and TrendsEpisode 824 of the #TalkingHedge sits down with Jessica Lukas, Sr VP Commercial Development at BDSA and John Manlove, Founder & CEO of Apex Trading to discuss retail & wholesale cannabis data and pricing trends. Summary: 00:00 - intro 01:00 - Cannabis industry drivers 02:37 - Edible's rise in popularity 06:45 - Pricing trending downwards 10:45 - Flowers decreasing marketshare 15:35 - D8's impact on the industry 22:12 - Overproduction / lack of tourism 28:08 - Harvest affecting prices / inflation 40:06 - Effects of online orders & ecommerce 45:49 - Have same store sales peaked? Crystal Ball Predictions Guests: Jessica Lukas, Senior Vice President Commercial Development at BDSA https...2021-11-2352 min
The Talking HedgeCannabis Public Relations with Alexa Oliphant of KMAPublicist with 5+ years of experience working with clients from hospitality, entertainment, and tech industries to bring them exposure in print, radio, television, and social media, in addition to event planning with an eagle eye for detail. I specialize in coming out of left field and bringing real creativity and vigor to my work while remaining upbeat and approachable. I have brought measurable growth at every establishment I've worked with, some notable placements include: The Los Angeles Times, The New York Times, LA Mag, Associated Press, Reuters, People, Us, OK!, Radar The Orange County Register, Kirkus, The Los...2021-11-2312 min
The Talking HedgeOrganic Cannabis with Matthew Friedlander of Skagit Organics#RSO #FECO #SOPs Matthew Friedlander is the owner and CEO of Skagit Organics, a state licensed cannabis company founded with the purpose of serving the medical cannabis community within the Washington State recreational market. Skagit Organics is a processor of high-quality flower and alcohol extracted cannabis oils in Washington State. Their mission is to create clean consistent cannabis products for the discerning recreational and medical consumer while engaging with their community in positive ways that benefit the cannabis industry as a whole. They have worked hard to earn the trust of MMJ patients and recreational...2021-11-2210 min
The Talking HedgeU.S. vs Canadian M&A and Capital RaisesTotal capital raised YTD in 2021 is $11.3B, averaging $48.2M with only one debt issue closed for a total proceed of $150 million. US equity raises are up 109%, and US debt raises are up 7,735% compared to 2018. Canadian raises are off sharply, with equity raises down 75% and debt down 15%. It's expected that capital raises continue to tilt towards debt issuance. Companies with positive cash flow should take advantage of the solid liquidity and attractive terms offered in the debt market. Companies should willing to trade off a slightly higher coupon for better prepayment terms. There have...2021-11-2213 min
The Talking HedgeJPM Says 'NO' to Cannabis & Tilray's Customers Bounce!Banking giant JPMorgan Chase & Co. informed its brokerage clients they’ll no longer be allowed to purchase cannabis-related stocks and securities. & Canadian cannabis producer Tilray has seen around one-third of its market share in Canada evaporate since it merged with Aphria in May, new data suggests, while rival Auxly Cannabis Group has more than doubled its position over the same period. Not a surprise when Tilray's management practically bragged about not coming from the cannabis industry, so it shouldn't be a surprise that the brand is becoming obsolete- they barely resonated with their customers & now soccer moms ar...2021-11-1912 min
The Talking HedgeInfused Beverage Device with Elad Barak of Voyager ProductsElad Barrak is an experienced leader in business development and fundraising with a demonstrated history of success, including Voyager's proprietary dispenser and pod technology- prepared to give you the ability to control your experience with just the tap of a finger. Founded in 2019 and based in Toronto, Voyager's goal is to make cannabis available for use anytime, anywhere. Whether it’s for rest and relaxation, or for coming up with big ideas, their specially formulated Pods will deliver on what they promise – an experience that will fulfill your needs. Guest: Elad Barak, Co-Founder, CEO, & CTO at Voyager Produc...2021-11-1915 min
The Talking HedgeHigh-End Cannabis with Jon Spadafora of Veritas Fine CannabisAfter spending nearly two decades in the hospitality industry, Jon Spadafora pivoted to the cannabis industry in 2015, building out the initial brand and marketing strategy for Veritas Fine Cannabis. He specializes in experiential marketing strategy and creating events that elevate the customer experience. Jon’s professional background includes work with top hospitality and entertainment companies such as Virgin Hotels, Vail Resorts, sbe Entertainment Group, Caesars Entertainment and Live Nation. As head of marketing and sales at Veritas, Jon and his team work to bring the best of hospitality to the cannabis industry, developing and implementing di...2021-11-1809 min
The Talking HedgeVeteran Cannabis with Bryan Buckley of Helmand Valley GrowersBryan Buckley is an accomplished sales and operations leader. Distinguished background in leadership, policy, training, management, operations and strategic decision making. Adept in negotiation, alliance formation and organizational communication. HVGC was founded by United States Special Operations Veterans (Marine Raiders). Since its inception, HVGC has been in discussions with some of the cannabis industry’s top researchers and has developed a veteran based protocol to effectively prove the benefits of medical cannabis. HVGC is supported and essentially ran by three Marine Raiders that served following 9-11. Over time, and through HVGC presentations and seminars, the pr...2021-11-1712 min
The Talking HedgeWhat Happens to MMJ Markets After Legalization?New adult-use markets usually see tremendous growth when sales begin. For example, sales in Illinois have grown to $127.8M in July 2021. The impact on medical sales depends on the market. In Illinois, medical sales have remained fairly consistent since adult-use sales began. In Michigan, however, medical sales grew by 75% from January 2020 to July 2021. One key difference we found between medical and adult-use consumers in the same market is in their basket sizes. Medical patients tend to purchase more at once, resulting in significantly lower average basket sizes for recreational customers. For example in Oregon, the...2021-11-1709 min
The Talking HedgeCannabis Packaging with Ross Kirsh of DymapakDymapak's patented, innovative child-resistant solutions are designed for the safety, security and cutting-edge needs of global businesses. Headquartered in Greenwich, CT, with satellite offices outside Miami, Los Angeles and Portland. Dedicated to cover three distinct markets: Home/Recreation, Pharmaceutical/Medical, and Cannabis. Experts in manufacturing and product development with direct access to production around the world. Exceptional service and partnership with our clients is paramount, we will stop at nothing to ensure success and satisfaction. Innovative packaging solutions for safety and protection, child-resistant packaging, MAP, oxygen barrier and moisture barrier packaging, custom packaging fabrications, cost...2021-11-1611 min
The Talking HedgeA High Level Overview of Louisiana's Cannabis MarketLouisiana has one of the most restrictive frameworks in the nation, but poised for much stronger growth in January when its nine dispensaries will begin selling cannabis flower instead of only tinctures, topicals and portable vaporizers. Edibles and “metered-dose” vaporizers and delivery became available in 2020, and those products immediately were popular, despite regulatory red tape that hindered both products getting to market. With the addition of flower and some other tweaks to the MMJ program, medical cannabis sales in Louisiana are projected to roughly double next year to around $110 million next year, and could get as h...2021-11-1604 min
The Talking HedgeResearching Cannabis with Adam Young of Realm of CaringAdam Young is a sales professional who thrives in fast-paced environments with success in generating sales growth in the financial services, distribution, construction, and retail industries. Adam is an activist, volunteer, and former caregiver, and passionate about the cannabis industry and the therapeutic applications of cannabinoids. Realm of Caring improves lives through research, education, and community by funding and conducting research, we learn more about cannabis and its effects while legitimizing the therapy. Guest: Adam Young, Development Officer at Realm of Caring Foundation https://www.linkedin.com/in/striving4balance/ Host...2021-11-1509 min
The Talking HedgeFederal Cannabis Legalization Bill (2021)Cannabis stocks could become hot again on Wall Street Bets after Marijuana Moment reported Friday a new Republican-led congressional marijuana legalization bill is "imminent." If new legalization is filed in the near term, WSB will be all over pot stocks. The reality is the Canadian LP basket is the only one that is up for the year with a gain of 2.5%, while MSOs, the darlings of the market, are the worst-performing group, down 25% YTD. Show Notes: Last Week's "Legalization" Rally in Perspective https://www.viridianca.com/chart3 Republican-Led Attempt To Legalize Cannabis Could...2021-11-1508 min
The Talking HedgeEdibles with Eric Leslie of Cheeba ChewsCheeba Chews began as an experiment in a home kitchen and grew into one of the biggest successes of Colorado’s medical marijuana industry, winning awards and attracting fans with the promise of being “potent, consistent and discreet.” Born in Colorado in 2009, Cheeba Chews is known far and wide for its consistently delicious award-winning confections. From original chocolate and caramel chews to newer offerings—such as the Sleepy Time and Trifecta lines of low-calorie, fat-free taffies featuring an entourage of emerging cannabinoids like CBG and CBN—Cheeba Chews’ unique products tap into the increasingly in-demand cannabis wellness market....2021-11-1211 min
The Talking HedgeHigh-Level Overview of the Arizona Cannabis MarketBetween January and September 2021, Arizona saw $1.6B in total cannabis sales (including both medical and adult-use sales). When we compare Arizona to other medical cannabis markets that have recently legalized adult-use sales, such as Michigan and Illinois, we find that Arizona shows strong year over year growth, growing 110% YoY in September 2021. Concentrates hold a significant market share in Arizona compared to other US markets at 10%. While Flower is still the dominant category, market share to this category has been decreasing, and market share to Vapor Pens and Pre-Rolls have increased. When we look...2021-11-1206 min
The Talking HedgeInvesting in Cannabis with Rick & Richard Batenburg of Cliintel CapitalFounded by Rick and Richard Batenburg in Denver CO in 2015, Cliintel Capital Management Group was created to provide funding to emerging market companies. Being in venture capital means being the centralized ignition point to connect ideas, people and resources. Creating something where there was nothing is the best way we know how to contribute to our society that has given us so much. CCMG was designed specifically to allow our investors to navigate the heavily regulated industries and the challenges those assets can present. We are focused on creating clean, reliable, and consistent experiences by controlling the...2021-11-1112 min
The Talking HedgeHigh-Level Overview of the Michigan Cannabis MarketAlthough still a young market, Michigan is surpassing more mature markets in sales. From January to July 2021, Michigan has reached $970.4M in sales, exceeding both Washington and Oregon markets. When we break down Michigan's medical and adult-use cannabis markets, we find that in January, Michigan’s medical sales made up 38% of total sales but decreased to 27% of sales in July. When compared to other markets in this report, Michigan has the highest share to Edibles, and sells more Caramels, Chews, and Taffy than Colorado and California. Michigan also has the second highest average basket size so far this year at...2021-11-1104 min
The Talking HedgeWana Brands $300MM Deal with Canopy GrowthCanadian #cannabis giant #CanopyGrowth Corp and the owners of cannabis gummy maker Wana said they have struck an almost $300 million deal contingent on U.S. Federal legalization. Mike Hennesy is the Vice President of Innovation at Wana Brands where he oversees their research and development program, new product design, educational training content, and growing partnerships with new cannabis technologies. Hennesy led the team in creating Wana’s new line of fast-acting Quick gummies, which ranked in the top 10 best-selling edibles in Colorado in less than a year after launch and use an innovative encapsulation technique to...2021-11-1007 min
The Talking HedgePreRoll Trend UpdateIn 2021, 46% of cannabis consumers reported enjoying pre-rolls. Last year, pre-roll sales in recreational U.S. cannabis markets saw 59% year over year growth with total sales increasing from $704M in 2019 to $1.12B in 2020. This growth in pre-roll sales outpaced the total market which grew by 54.2% over the same period, according to data from Headset. When survey respondents were asked to talk about their pre-roll production processes, it becomes clear that increased automation is how producers are scaling to meet demand. Cone-filling machines are becoming mandatory. Additionally, industrial grinders are key to breaking down the...2021-11-1008 min
The Talking HedgeFlorida-based MSO~ Fluent with CEO Robert BeasleyFluent is a vertically integrated cultivator, processor, formulator, and retailer of premium medical cannabis. At Fluent, we believe in cannabis as an empowerment tool to help people become better versions of themselves. Simply put, Fluent is reshaping both the medical cannabis industry and public perceptions of the benefits of cannabis. Robert Beasley, a native Floridian, co-founded the law firm of Litvak, Beasley Wilson & Ball in 2001. As a consultant, Robert has advised multiple parties to obtain cannabis licenses and create related financing facilities in Florida, Oregon, California, and Washington, D.C. Also, Robert has participated in...2021-11-0915 min
The Talking HedgeHigh-Level Overview of the Maryland Cannabis MarketAlthough total cannabis sales have been low in Maryland compared to other US markets with only $370M through August 2021, sales have been fairly steady month to month, ranging from $42M - $48M in the last eight months. Maryland has the second highest share to Flower compared to other US markets, and the lowest market share to Edibles at 7.4%. This might be due to the high average item prices of Edibles in Maryland. Show Notes: A high-level overview of the Maryland cannabis market https://www.headset.io/industry-reports/a-high-level-overview-of-the-maryland-cannabis-market Host: Josh Kincaid, Capital Markets...2021-11-0903 min
The Talking HedgeCannabis Compliance Strategies with Kim Stuck of Allay ConsultingKim Stuck is the founder and CEO of Allay Consulting, a compliance strategy and services provider serving the hemp and cannabis industries nationwide. She brings a regulator’s keen eye and wide-reaching knowledge on evolving compliance and safety mandates to support businesses in tightly regulated industries. Allay Consulting guides companies through the hazards of the budding cannabis and psilocybin industries by navigating compliance pitfalls, ensuring best practices, and ultimately making sure the product you create ends up in stores, and not disposed of. With expertise from seed to sale including: FDA, cGMP, OSHA, IS...2021-11-0808 min
The Talking HedgeHigh-Level Overview of the Illinois Cannabis MarketIllinois reached $1.1B in total cannabis sales so far this year, and is only a little more than $400K away from surpassing Michigan as the third highest market for cannabis sales in the US. Illinois has the second highest Vapor Pen share (+26.2%) compared to other US markets that we track in Headset Insights, and the second lowest share for Flower at 42.7%. While there haven't been any major shifts in category market shares so far this year, Concentrates share has decreased slightly from 8.5% to 6.9% from January to August, and Vapor Pens have increased their share from 25.6% to 27.2% from January to...2021-11-0804 min
The Talking HedgeCannabis Investor Relations with Dr David Cunic of UCS AdvisorsDr. David M. Cunic is an entrepreneur who specializes in Investor Relations Advisory services and has raised capital, expanded several companies, and employed over 300+ people. Dr David was one of the first 500 PubCos, started 13 companies and sold 7.His efforts in business operations and human resources won him the prestigious Alfred Sloan Award for Workplace Programs and Flexibility. U.C.S. stands for Use Cannabis Safely, whether it's using cannabis in everyday life, such as CBD vitamins and oil, to implementing a cannabis vertical to your business. Guest: David Cunic, CEO at U.C...2021-11-0509 min
The Talking HedgeConcentrates Category Data & PerformanceWhile not as dominant as Flower, the Concentrate category is an important category in both the US and Canada, with some differences in these two markets. Live Resin is the top Concentrate segment in the US with 33% of sales within the category. In Canada on the other hand, Hash is the best selling segment with 26% market share. Package size preferences differ in the two countries as well. In the US, 96% of units sold are the 1 gram package size, compared to 71% in Canada. Headset's report compares the market share of different cannabis categories from...2021-11-0507 min
The Talking HedgeDisrupting Cannabis Pricing with Andrés Vazquez Vargas of Kumara FarmsAndrés Vazquez Vargas is an executive with over 20 years of international experience in leading companies of the agribusiness, healthcare, retail and international logistic sectors, and now as General Manager of Cann Farm Peru and President of Kumara Farms Holdings. Kumara Farms is the lowest-cost medical cannabis by virtue of being the first and only company to obtain a cannabis cultivation license in Peru, which conveys a ~90% cost advantage compared to most North American growers and producers. Kumara Farms is an innovative impact company, bringing differentiated botanical products to the health, wellness and medical markets, b...2021-11-0413 min
The Talking HedgeCannabis Capital Raises and M&A UpdateTotal capital raised YTD in the cannabis industry for 2021 are $10.64B with US capital raises far more robust. US equity raises are up 21% to $828M, and US debt raises are up by $1,212M (114%) compared to 2019. Canadian capital raises are off sharply, with equity raises down 48% and debt down 17%. Mergers & Acquisitions There have been 186 US targeted M&A transactions YTD with a record $8.3 Billion in total consideration. Viridian Capital Advisors have chronicled 265 transactions YTD in 2021, compared to 71 in the same period last year. Public companies were the buyers in 85% of 2021 deals YTD compared to 89...2021-11-0412 min
The Talking HedgeVaping with the Blinq Group's CEO Arnaud Dumas de RaulyArnaud Dumas de Rauly is the co-founder and CEO of The Blinc Group, a company that is transforming the cannabis vaping industry with its focus on safety, innovation, and quality. An engineer by trade, Arnaud prioritizes scientific precision to ensure that Blinc products are the best and safest on the market. His entrepreneurial spirit characterizes his leadership and passion for the cannabis market, product safety, and the societal impacts of his industry. The Blinc Group provides proprietary cannabis vaping solutions for leading MSOs and LPs in the United States, Canada and Europe. As...2021-11-0310 min
The Talking HedgeBorder Town Cannabis Sales 3X Higher Than Average!?!Despite the recent acceleration in legalization, many people who wish to purchase cannabis are unable to because they live somewhere with restricted access to cannabis often travel across city, county, and state borders to make purchases elsewhere. This trend should be a huge red flag to lawmakers who have chosen prohibition that these laws are not preventing cannabis access and they are also losing out on valuable tax revenue. In fact, the per capita spend in a rural county that borders both Idaho and Oregon is more than 3X higher than the per capita cannabis...2021-11-0306 min
The Talking HedgeCannabis R&D with Connor O'Brien of Chubby Cat CannabisThis video contains: 00:00 - Intro 00:26 - What is Chubby Cat Cannabis? 01:12 - How do you differentiate your product? 02:24 - How has it been an advantage coming late to the game? 03:55 - Who's your target market & where are your higher margins coming from? 06:03 - Why does Portland have infused coffee & Seattle doesn't? 07:47 - How did you get into the cannabis industry? 10:07 - Do you use cannabis for any ailments? 10:53 - What advice do you have for new entrants? 12:44 - Are...2021-11-0215 min
The Talking HedgeCannabis R&D with Connor O'Brien of Chubby Cat CannabisHost: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ Episode 792 The Talking Hedge: Your Cannabis Business Podcast. Covering cannabis products, reviews, business news, interviews, investments, events, and more. https://www.theTalkingHedgepodcast.com Music Info: Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats Keywords: Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Ma...2021-11-0215 min
The Talking HedgeU.S. vs Canadian Cannabis Profitability UpdateEach of the top 5 U.S. cultivation & retail companies have margins that are more than double that of Village Farms, the Canadian company with the highest expected 2022 profitability. With significantly lower profitability Viridian Capital Advisors expected much lower revenue multiples than observed. Tilray and Sundial revenue multiples imply EV/EBITDA multiples of 49x and 65x respectively. The US companies trade at 2022 EBITDA multiples that range from a low of 6.5x for Trulieve and Verano to a high of 13.1x for GTI while the Canadians trade in a range of 14.7x to 65x. We have difficulty...2021-11-0208 min
The Talking HedgeCannabis Flower Category Data & PerformanceFlower was the largest cannabis product category in sales in both US and Canada. In the US, market share of Flower has remained between 40-50% in the last three years.In Canada, market share to Flower started in March 2019 at 78.4%, and has since decreased to 49.3% as of June 2021. 1H 2021, Flower was the largest product category in sales for both the US and Canadian cannabis markets. In the US, Flower captured more than double the market share of Vapor Pens, the next largest category. Canadian Flower sales were also more than double the market share of...2021-11-0114 min
The Talking HedgeCannabis CRE Financing with Rob Sechirst of Pelorus Equity GroupRob is the co-founding President of Pelorus Equity Group, a cannabis-use CRE mortgage REIT, and has more than 18 years of experience in the real estate finance industry. Since the formation of Pelorus in 2010, he has raised more than $175,000,000 in secured real estate transactions. Rob’s primary role at Pelorus Equity Group is the development of strategic alliances with both private and institutional investors, formation of equity partnerships, coordinating the company’s growth into new markets and as an underwriter of transactions. The Pelorus Fund is an investment vehicle that makes real estate loans on commercial prop...2021-11-0113 min
The Talking HedgeVaginal Suppositories for Menopause (& Bowling!)~ Carrie & Pattie / Hello Again Products#Cannabis #Vaginal #Suppository Some might read those words and think “crazy talk”, but for Carrie Mapes and Patty Pappas these same words represent the future of women’s wellness. With age came the freedom to think and act without considering the judgment of others. The empowerment of age has provided Carrie and Patty with the confidence and wisdom to build something meaningful. The skills and lessons they have learned as mothers, wives, and leaders in their communities are now applied to the world of cannabis and business. Carrie’s creativity combined with Patty’s attentio...2021-10-2910 min
The Talking HedgeBrendon Lynch of Jushi Holdings at MJ UnpackedJushi Holdings was created with the ambition to be a leading multi-state owner and operator of cannabis licenses. While Brendon Lynch is a standout senior executive who has built and transformed iconic product and service brands, he is first and foremost a consumer. His understanding of the buying experience—and his reliable instincts about where market trends are headed—are at the foundation of success stories that weave through companies such as Jushi. Brendon's experienced team builds and operates state-of-the-art facilities to deliver purity and consistency with cutting-edge product development and execution. Brendon has ushered comp...2021-10-2815 min
The Talking HedgePsychedelic Investment Fund- Palo Santo Fund's Tim Schlidt at MJ Biz ConThe future of mental wellness is being built today. Through its diversified investment fund, Palo Santo is positioned to increase the supply of clinically effective, affordable, and accessible mental health and addiction treatment solutions needed in today’s world. “Palo Santo is seeing far more unique, high quality investment opportunities than we would have anticipated at this stage of the cycle and is therefore evaluating upsizing this current fund,” said Tim Schlidt, the co-founder of Palo Santo. Palo Santo is a U.S.-based psychedelic investment fund focused on increasing the supply of clinically effective and ac...2021-10-2716 min
The Talking HedgeCannabis NFTs with Califari's CEO Jason McHugh at MJ Unpacked in VegasCalifari is on a mission to create great art for our world’s most beloved plant - cannabis of course, whether it is a Sativa, Indica, Hybrid or CBD = we love it and celebrate it as nature’s gift to all people of Earth. We believe that among numerous healing properties that cannabis provides people, one of them is heightened access to the magic moment of spirituality that is often fueled further with a setting that includes music, art and great friends. The place where epiphanies begin and stress fades into the stratosphere - that special place where nothing matt...2021-10-2609 min
The Talking HedgeRicky Williams (Ret. NFL) at Lemonhaze Golf TournamentHost: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ The Talking Hedge: Your Cannabis Business Podcast. Covering cannabis products, reviews, business news, interviews, investments, events, and more. https://www.theTalkingHedgepodcast.com Music Info: Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats Keywords: Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana In...2021-10-2007 min
The Talking HedgeCapital Raises & Acquisitions of Canadian VS U.S. CompaniesU.S. companies have raised more money in the first 8 months of 2021 than in any full year since the Viridian Cannabis Deal Tracker began. Canadian companies raised $4.9B in 2018, representing 3.9x the $1.2B that their U.S. counterparts raised. However, So far in 2021, U.S. companies have raised $5.6B, approximately 1.8x their Canadian counterparts. Canadian companies acquired nearly 211 companies in 2018, representing 2x the 103 acquisitions made by U.S. operators. YTD U.S. operators acquired 122 companies, 1.4x their Canadian counterparts. Why? listen to the talking hedge, your cannabis business podcast. Show Notes: 2021...2021-09-2309 min
The Talking HedgeVape Pen Market AnalysisSo far this year,, Vapor Pens were the second largest product category in US cannabis markets, and the third largest in Canada by total sales. In the US, Vapor Pens captured more than double the market share of Pre-Rolls, the next largest category. Canadian Vapor Pen sales were nearly four times greater than Edible sales, the fourth largest category. While vape pens still trails far behind Flower in both markets (and just slightly behind Pre-Roll in Canada), it is certainly the most dominant and ubiquitous 'new school' product type. This report from Headset...2021-09-2208 min
The Talking HedgeMJ Unpacked w/ Cannabis Trade Show's CEO George JageMJ UNPACKED: Oct. 21 – 22, 2021 at the Mandalay Bay Resort & Casino, Las Vegas Summary: *George Jage on starting Jage Media & the secret to successful trade shows *Launching a business during the pandemic *Pot stocks underperformance, cannabis investing & deal flow *Do brands matter? What do cannabis brands need? *Dope Magazine’s acquisition by High Times *MJ UNPACKED: Oct. 21 – 22, 2021 at the Mandalay Bay Resort & Casino, Las Vegas With 28 years of trade show leadership experience, George Jage was named “Tradeshow Elite” by Tradeshow Executive and named the “Next Generation of Leaders” by Tradeshow Week Magazine. Founded by George Jage, former p...2021-09-211h 04
The Talking HedgeBringing Back Live Cannabis Events With Golf TournamentsBrian Yauger of Lemonhaze is known for providing first-class events for members of the cannabis industry for low or no cost. Each event focuses on a different segment in the industry with budtender parties, buyer meetings, and mixers, or events for executives and managers in order to bring people together to network and grow the industry. When the global pandemic forced them into an exclusively virtual event model, they began looking at what would be their first live events that they would be able to bring back as COVID begins to wind down. As vaccines began to...2021-09-131h 01
The Talking HedgeWhat’s the Fate of Delta-8?#Delta8 found its place in smoke or vape shops and convenience stores with many positioning it as a mildly psychoactive product for people without access to legal cannabis. As of June 2021, twelve states have completely banned delta-8 THC, including Washington state who's regulators said marijuana processors cannot convert hemp-derived CBD into delta-9 THC in the legal cannabis market, a move that is likely to be welcomed by MJ cultivators who feared the practice involving federally legal hemp would undermine their own businesses. The process combines CBD with a solvent, acid, and heat to cause the...2021-08-3111 min
The Talking HedgeSimplifya Compliance in the Cannabis Industry#CompliantAF Simplifya was founded by partners of the law firm that drafted the original rules governing marijuana in Colorado, and investors with proven track records in technology startups. Today, we are the leading software compliance solution for the cannabis industry. Scott Daly is a leader who gets results…from people to process...to product and profit. Consistently recruited to accelerate new and established business ventures. Results-oriented leader with abilities to lead teams with superior results. Instinctively attracts/retains people with powerful performance. Expertise in combining strategic vision, planning, and tactical implementation strengths. Core co...2021-08-2532 min
The Talking HedgeAwaiting the Next Wave of Cannabis IPOs#Cannabis #IPO The initial wave of cannabis SPACs have largely completed their qualifying transactions producing over $5B of M&A transaction value from their $1.8 billion of IPO proceeds. Viridian expects the second wave to be equally significant with approximately $5.9B of deals announced or projected. 9 SPAC mergers have been completed totaling $5.4B in merger value from $1.8B in IPO proceeds, 2 SPAC mergers are pending totaling $2.1B in merger value from only $270 M in IPO proceeds, and 7 SPACs are searching for a target after raising $1.2B from IPOs. Completing cannabis SPAC deals has been difficult, particularly for larger US listed...2021-08-2404 min
The Talking HedgeDirect to Consumers? What about cannabis retailers?A handful of California cannabis manufacturers and brands have begun selling their products directly to customers through their websites, effectively bypassing traditional brick-and-mortar retail shops and delivery companies that have long been the gatekeepers to marijuana consumers. Some retailers are unhappy about the direct-to-consumer development, however, and say they feel cheated. But insiders say they expect the practice will spread quickly to other states that also allow home delivery. The only question is when. Cannabis grown in California is some of the best in the world. Mexicans are demanding California grown cannabis that drug dealers...2021-08-2311 min
The Talking HedgeSeattle Bubble Works - Frenchy Cannoli Trained Hash Maker (interview)Seattle Bubbleworks got its start in 2016, when our founder saw a niche in the market. Joby had been working with a local cannabis processor and helping them market and distribute their flower and vape cartridges to market. He realized that his passion of producing quality products that addressed the standards of the medicinal marijuana community were at odds with the previous management. Although that processor was finding success, they were less concerned about the quality and more about the quantity produced. Joby found that unfair to the consumer, and began looking into a solvent-free method of creating...2021-08-1833 min
The Talking HedgeRecent Edibles TrendsThe cannabis edibles market is expected to surpass $10 billion in annual sales by 2025. It is one of the fastest growing product types, consistently capturing the third largest share- of-shelf of all cannabis product types. The maturing edibles category is starting to see some standardization. Large pack sizes increased in June while smaller sizes— like 5mg, 90mg, and 30mg—lost share of shelf. The demographics is different than other potential purchasers with US edibles purchaser being younger, higher educated, and slightly higher income. They are also more likely to have children and be a woman. Sh...2021-08-1719 min
The Talking HedgeCannabis InflationThe recent rise in inflation has been causing concern among economists and consumers alike. Some of us might be able to see the impacts of inflation at the grocery store, where our dollar buys us less over time, but what about in the cannabis space? If inflation was heavily impacting the cannabis industry, we would expect that the prices of individual products would increase over time. We do not see that happening. Short term, costs to build new facilities and equipment may rise as producers pass on higher commodity input costs, and higher energy costs...2021-08-0412 min
The Talking HedgeSitka Hash House (Interview)At the dawn of legalization in Washington State in 2012, Nick and Shawn didn’t know how life was about to turn upside down. Colleagues at a gaming company, they came into the office and learned the business had been dissolved, suits arrived out of the elevator banks straight out of the matrix, and ushered everyone to the exits, file boxes in hand (except for Shawn who cleverly slipped his computer out the fire escape). Pondering their next move, Nick, born in Eastern Washington, and 5th-generation Lebanese tells Shawn: “Look, the business right now is hashish and...2021-08-0330 min
The Talking HedgeRecent Cannabis TrendsIncreased cannabis use over the pandemic further normalized the plant, with recent reports showing 91% of Americans are in favor of at least medical cannabis. New recreational cannabis consumers are using marijuana more frequently than previously surveyed new users. 50% of new recreational cannabis users in Q4 2020 used cannabis 5+ days per week. The portion of female cannabis users steadily rose through 2020, reaching 51% in Q1 2021. Women cannabis consumers skew younger and are heavier cannabis users than men. The next step on the road to federal cannabis legalization in the US will likely be the SAFE Banking...2021-08-0224 min
The Talking HedgeCannabis Hash PreRoll Product ReviewOnce a month the Chronic Club meets up to review a cannabis product sold somewhere in Washington State at a legal adult-use pot shop. Last month we blind taste-tested over a dozen vape carts from the Washington Sun Growers Cup. Join Josh Kincaid of The Talking Hedge, Tom & Miggy of Cannabis Legalization News as we judge Sitka's Coastal Cream Sikarillos, a .5g flower joint ‘glued’ with hash oil, and wrapped in a .5g thinly rolled sheet of Sitka Lebanese dry sift hashish (36.5% THC). Co-Hosts: Tom Howard & Miggy420~ hosts of Cannabis Legalization News https://www.youtube.com...2021-07-3010 min
The Talking HedgeInterview w/ Seattle Hempfest FounderGuest: Vivian McPeak, Founder/ Executive Director - Seattle Hempfest https://www.linkedin.com/in/vivian-mcpeak-a0389bba/ Co-Hosts: Tom Howard & Miggy420~ hosts of Cannabis Legalization News https://www.youtube.com/cannabislegalizationnews Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ Episode 765 of The Talking Hedge: Your Cannabis Business Podcast. Covering cannabis business news, interviews, investments, events, products, reviews, and some random stuff. But as Jay-Z said "it's only entertainment." https://www.theTalkingHedgepodcast.com Music Info: Song: Beat | Keep On | 2020 Artist: Milochromatic Beats & Song: Da...2021-07-2953 min
The Talking HedgeCannabis MediaGuest: JJ McKay, Founder/ Publisher - The Fresh Toast https://www.linkedin.com/in/jj-mckay-301a653/ Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ Episode 764 of The Talking Hedge: Your Cannabis Business Podcast. Covering cannabis business news, interviews, investments, events, products, reviews, and some random stuff. But as Jay-Z said "it's only entertainment." https://www.theTalkingHedgepodcast.com Music Info: Song: Beat | Keep On | 2020 Artist: Milochromatic Beats & Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018 Artist: LuxrayBeats Keywords: Hemp News, Weed News, Ca...2021-07-281h 04
The Talking HedgeCannabis Pot Shop Owner (Interview)Guest: Rob Hendrix - Cannabis Central https://www.linkedin.com/in/robert-hendrix-62973a17b/ Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ Episode 763 of The Talking Hedge: Your Cannabis Business Podcast. Covering cannabis business news, interviews, investments, events, products, reviews, and some random stuff. But as Jay-Z said "it's only entertainment." https://www.theTalkingHedgepodcast.com Music Info: Song: Beat | Keep On | 2020 Artist: Milochromatic Beats & Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018 Artist: LuxrayBeats Keywords: Hemp News, Weed News, Cannabis News, Ma...2021-07-2755 min
The Talking HedgeBigTrouble in China Could Mean Abundant (Cheap) U.S. CBDChina is already recognised as the world’s largest hemp producer (growing more than two-thirds of the planet’s output), though it exports nearly all of that while strictly maintaining prohibition of high-THC cannabis. Following years as the USA’s main source of hemp imports, China is now being required under a new trade deal to buy a lot more of the nonintoxicating cannabis crop from the U.S. China has domestically clamped down on CBD. In March, the country first proposed the notion of a ban, before its National Medical Products Administration banned cannabis compounds in cosmet...2021-07-1510 min
The Talking HedgeCanadian Cannabis Sales To Surpass $3B in 2021Canadian adult-use cannabis sales grew by 86% to nearly $2.2 billion in 2020. BDSA estimates that total spending in Canada reached more than $2.6 billion in 2020. Canada’s legal cannabis industry saw only limited, short-term negative effect from the pandemic in 2020, including an increase in physical retail share of total sales— nearly 90%. Valuations of Canadian-focused operators are still trading at a premium on sales compared to U.S. operators, despite a smaller market and lower margins. BDSA forecasts total legal cannabis spending in Canada to reach nearly $6.4 billion in 2026, rising at a compound annual growth rate (CAGR) of 1...2021-07-1405 min
The Talking HedgeArizona Cannabis Market OutlookArizonans legalized adult-use cannabis as part of the five-state green wave that occurred in the November 2020 election. Since then, the state has stood out from the pack by quickly implementing and launching its adult-use market in February 2021. Arizona became the 10th state with adult-use cannabis retail. The state is already home to one of the most developed medical cannabis markets in the country, as BDSA’s retail sales tracking shows that Arizona brought in over $1 billion in medical sales for 2020. While Arizona’s market will likely deal with issues that are common in new adult-use markets, such as u...2021-07-1310 min
The Talking HedgePreRolls & Processing TONS of CannabisHarborside Inc. (OTCQX: HBORF) finalized its previously announced purchase of an Oakland-based cannabis manufacturer Sublimation Inc. (“Sublime”) for $43.8 million. Sublime has been in business for five years, during which it has developed popular and affordable Fuzzies branded pre-rolls. These pre-rolls are said to be a leading brand in the Golden state with a 7.9% California pre-roll market share in 2020. Sublime was acquired for a total of $43.8 million. The total purchase price consists of around $384 million shares and $2 million in cash and $3.4 million to repay Sublime's debt. Lowell Farms Inc. (OTCQX:LOWLF) announced a first-of-its-kind cann...2021-07-0704 min
The Talking HedgeCash Crop: Cannabis as a CommodityWhile cannabis cultivation required relatively trivial amounts of land and water, a tremendous amount of value is being produced for the burgeoning commodity. In the United States, a wholesale pound of quality smokable cannabis flower can fetch between $1,500 and $3,000 or more, while a pound of coffee or tobacco cost $1.78 and $2.05 per pound, respectively. An in-depth look at water usage in the regulated cannabis cultivation market reveals how it compares to the illicit market and traditional agricultural sectors. On a per-pound basis, cannabis might be better compared to more valuable, scarce cash crops. Mid-range cannabis in the United S...2021-07-0606 min
The Talking HedgeMexico Is About to Legalize Cannabis, what's that mean for the U.S.?Mexico's Supreme Court voted that laws prohibiting the use of recreational marijuana were unconstitutional. The court ruling ordered the Mexican government to issue permits for personal marijuana use and the cultivation of small amounts of cannabis plants for any citizen 18 or older who applies. Multinational cannabis operator, Clever Leaves Holdings Inc. (NASDAQ:CLVR) is poised to enter the Mexican market through a supply deal with CBD Life Holdings. Supreme Court Justice Clarence Thomas recently said federal marijuana laws may be outdated when he stated “a prohibition on interstate use or cultivation of marijuana may no lo...2021-07-0510 min
The Talking HedgeInfused July 4th Cannabis Holiday ExpectationsJuly 4th celebrations involve pairings of friends, food and festivities. Independence Day and cannabis go hand-in-hand with the top occasions for cannabis consumption being “daytime fun” and well as “celebrating special events.” 4th of July, 2021 is expected to bring in over $206,000,000 in legal cannabis sales across the United States. Last year’s 4th of July report anticipated an 87% increase in sales over the 4th of July weekend, with Americans expected to spend more on cannabis than bbq meats. Historically, consumers spend more than $371 million on chicken during the two weeks leading up to July 4th, equalling...2021-07-0204 min
The Talking HedgeUS Cannabis Sales Estimates and Investment UpdateLast year, the cannabis industry experienced multiple unique sales accelerators, and those catalysts have carried into 2021. The total number of retail stores and dispensaries in the United States grew nearly 21% last year while nationwide growth maintained through 2021. Mature markets such as Colorado, Oregon and Washington state are averaging 26% year-over-year sales growth; at the same time, newer states such as Illinois, Massachusetts, Michigan and Pennsylvania are averaging 136%. With 10 newly legalized markets expected to begin sales in 2021 or 2022, New Frontier Data projects total legal cannabis sales to grow at a compound annual growth rate (CAGR) of 16%, to...2021-07-0106 min
The Talking HedgeCannabis Investing in Latin America with Carol of Muisca Capital GroupCarol Ortega Algarra is the founder & CEO of Muisca Capital Group, a highly distinguished and accomplished business professional with experience in finance, accounting, and business development and is the founder of the first “Shark Tank” type platform in LATAM called Latino Investment Summit. Summary: *Ending cannabis' stigma, incl. "cartel cannabis" *LatAm social equity applicants in LA *Over production in U.S. VS $.05 per gram in Colombia *Branding + advice to get into LatAm cannabis *Cannabis banking & investing *Ideal international operations scenario *Complete LatAm cannabis market overview Muisca Capital Group is the first Latin American investment management firm...2021-07-011h 04
The Talking HedgeCannabis MSOs M&A activityU.S. marijuana multistate operators reported banner revenue growth in the first three months of this year, boosted by good execution and strong consumer demand in established and newer markets. In the past several months, there has been an increase in both capital raising and M&A as multistate operators seek to strengthen and expand their footprints in high-potential markets. Canadian Mergers & Acquisitions ground to a near standstill from the 2nd half of 2019 through 2020, while U.S. activity remained robust. The U.S. dominance was supported by large transactions like the Curaleaf & Select...2021-06-3009 min
The Talking HedgeFlexible Co-Working Spaces The New Norm?IWG Plc ($IWGFF) is a leading global workspace and co-working provider, offering fully equipped office space to companies in over 1200 cities in over 120 countries. Post-Covid it has more to do with providing employees more space and more locations to work. CEO and Founder Mark Dixon joins us to discuss how they're different from WeWork (WE) and the benefits of hybrid flex work model - lower costs, no geographic restrictions, focus on ESG, less carbon footprint. Summary *IWG Plc is a leading global workspace and co-working provider. *CEO and Founder Mark Dixon joins us to discuss...2021-06-2619 min
The Talking HedgeCrypto & CannabisSome view crypto as a possible solution to the cannabis industry’s banking problem of essentially forcing cannabis companies to operate outside of insured banking systems. As such, many are wondering if cryptocurrency might be the way to bypass regular banking systems without a federal bill? The main issues cannabis tokens encounter are adoption, market capitalization and aiming. Instead of bringing new tech along with innovative proposals, these cryptos fail to confront the problem faced by the industry. They also fall short because cannabis cryptocurrencies do not provide any innovation in their technology and are li...2021-06-2504 min
The Talking HedgeCannabis' Economic ImpactThe total U.S. economic impact from marijuana sales in 2021 is expected to reach $92 billion – up more than 30% from last year – and upwards of $160 billion in 2025, according to analysis from the newly published #MJBizFactbook. For every $1 consumers and patients spend at retail locations, an additional $2.50 will be injected into the economy, much of it at the local level. That impact comes directly from the day-to-day needs of workers in the cannabis industry, including spending on life’s necessities such as housing, transportation, entertainment and more. Marijuana businesses, consumers and patients also pay hundreds of millions of dol...2021-06-2407 min
The Talking HedgeU.S. Federal Drug Decriminalization EffortsThe new bill introduced into the House of Representatives aims to stop treating people suffering from drug abuse disorders as criminals, but rather introduce them into the healthcare system. The measure not only aims to eliminate criminal penalties for drug use and possession but is geared towards shifting the perception around drug abuse, moving it from a law enforcement problem to a public health issue. It would also expunge records and provide avenues for resentencing, as well as provide reinvestment in alternative health-centered approaches for people suffering from substance abuse disorders. 71% of those...2021-06-2313 min
The Talking HedgeLatin American Cannabis: Khiron Life Science's CEO Alvaro TorresAlvaro Torres is an entrepreneur and executive with over 15 years of experience in the Latin American market, including infrastructure projects and project finance, management strategy, team development, and mergers and acquisitions. He's overseen the development of projects totaling over $1 billion in capital expenditure, including the development and construction of Colombia’s tallest skyscraper. Khiron Life Sciences Corp's intent is to position itself to be the dominant integrated medical cannabis company in Latin America. Khiron has core operations in Colombia and is fully licensed in the country for the cultivation, production, domestic distribution, and international export of both TH...2021-06-2251 min
The Talking HedgeN.A. Monthly Cannabis Sales UpdateSales across North America were dominated by California (again), pulling in a whopping $429.7MM last month while CO, WA, ORIL, MA, & MI all came in over $100MM each. Ontario's YOY sales growth was an astounding 326%, while the West Coast was all under 10% (CA 9%, OR 8%, CO 4%, WA 0.8%). Although the number of transactions continue to increase, the average amount customers are spending is decreasing. Brand consolidation, on the other hand is creeping up, indicating slightly less competition as the top 10 brands grab more market share. Random Fact: Besides singles joints, 10 packs of preroll were the...2021-06-2111 min
The Talking HedgeRenewable Energy Storage Boom: Largo Resources CEO Paulo MiskThe Green New Deal and Vanadium batteries could produce 100% carbon-free electricity by 2035 Summary *Global renewable energy regulations creating an increased demand for energy storage. *Largo Resources is a vertically integrated vanadium company focused on the advancement of renewable energy storage solutions. *CEO Paulo Misk talks competing with Elon Musk and Tesla on home energy storage and batteries. *Vanadium redox batteries' significant advantages compared to other long duration storage batteries. Paulo Misk President and CEO at Largo Resources Paulo Misk is an executive with over 35 years of experience in operational management for various large multinational companies...2021-06-1946 min
The Talking HedgeCannabis Investment, Mergers and Acquisitions UpdateThere were three fewer capital raises and a $319.2 million lower volume this week than in the prior week. The average deal size was $19.6 million this week vs. $7.1 million in the same week last year. Total capital raised YTD in 2021 is approximately $262M lower than the same period in 2019. Cap Raises by Sector: *One of the companies came from the Cultivation & Retail sector *The other came from Infused Products & Extracts Viridian believes debt financing is the wisest MSO finance strategy due to: *Equity valuation multiples have come down from their peaks. *Debt costs have come down...2021-06-1805 min
The Talking HedgeCBD: Industry, Product or Ingredient?The US CBD market was not immune to the economic impacts of the pandemic. CBD brand strategy was upended by store closures, changes in consumer needs, and drops in the price of CBD. The industry has been rebounding ever since its fall in Q2 2020, but the landscape looks much different than before. The brands that focused on boosting their ecommerce have proven to be the most successful. Increased online sales made website visitors more important than ever, and the brands with the highest consumer loyalty also have the highest site traffic. Strategic online advertising brought shoppers onto...2021-06-1728 min
The Talking HedgeCannabis Multi-State Operator (MSO) Investment UpdateCannabis stocks have retraced much of their gains for the year, Viridian Capital believes we are likely to see a higher ratio of cash employed in acquisitions as MSOs become more conscious of dilution. They also expect to see a higher percentage of capital raises from debt. Only 4% of the $6.1 billion cultivation & retail sector acquisitions was paid in cash, down from an average of 13% over the previous two years. Take-Away: raise capital, scale and acquire, or risk becoming a target. Show Notes: MSO Capital Raises = M&A Fuel https://www.viridianca.com/chart32021-06-1608 min
The Talking HedgePeruvian Cannabis Pitch Deck ReviewShow Notes: Custom Cannabis Pitch Deck Package Includes: 15 slide pitch deck Complete explanation of each slide Created by legal and financial Subject Matter Experts in the cannabis industry. Complete & customizable pitch deck Hours of content explaining how to customize pitch deck for your team 3 hours of Josh Kincaid’s time 3 hours of Tom Howard’s time Customized pitch deck for your Team in a few weeks. https://www.cannabisindustrylawyer.com/cannabis-pitch-deck/ Guest: Katrina Glogowski, Seattle Attorney & Angel Investor https://www.linkedin.com/in/katrina-glogowski-711a985/ Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis busi...2021-06-0819 min
The Talking HedgeCannabis Pitch Deck Review: Accurate Cannabis DosingShow Notes: Custom Cannabis Pitch Deck Package Includes: 15 slide pitch deck Complete explanation of each slide Created by legal and financial Subject Matter Experts in the cannabis industry. Complete & customizable pitch deck Hours of content explaining how to customize pitch deck for your team 3 hours of Josh Kincaid’s time 3 hours of Tom Howard’s time Customized pitch deck for your Team in a few weeks. https://www.cannabisindustrylawyer.com/cannabis-pitch-deck/ Guest: Katrina Glogowski, Seattle Attorney & Angel Investor https://www.linkedin.com/in/katrina-glogowski-711a985/ Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis busi...2021-05-3137 min
The Talking HedgeBlind Taste-Test with a Dozen Vape CartsOnce a month the Chronic Club meets up to review a cannabis product sold somewhere in Washington State at a legal adult-use pot shop. Last month we rated GLW Durban Limes flower a 49% out of 100%. Join Josh Kincaid of The Talking Hedge, Steve Cominski of Baked & Awake, and Miggy420 of Cannabis Legalization News as we do a blind taste-test with a dozen vape carts from the Sun Grower's Cup. Guest: Steve Cominski, Baked and Awake https://bakedandawake.com YT: https://www.youtube.com/user/huckersteve Miggy420, Editor-in-chief, Cannabis Legalization News www.cannabislegalizationnews.com...2021-05-2252 min
The Talking HedgeFleek Leaf's Gelato 33 Product Review From the SMALLEST Pot Shop In Washington StateOnce a month the Chronic Club meets up to review a cannabis product sold somewhere in Washington State at a legal adult-use pot shop. Last month we rated ORGROW's Puna Orange Moon Rocks a 46% out of 100%. Join us~ Josh Kincaid of The Talking Hedge, Steve Cominski of Baked & Awake, and Miggy420 of Cannabis Legalization News as we judge Fleek Leaf's Gelato 33 (20.63% THC) recommended by budtender Issah of Natures Sea Change Cannabis in Discovery Bay- Washington State's smallest cannabis shop. Guest: Steve Cominski, Baked and Awake https://bakedandawake.com YT: https://www.youtube.com/user/huckersteve2021-05-2137 min
The Talking HedgePlanet 13 Pitch Deck ReviewAs one of Las Vegas' top dispensaries, Planet 13 strives to provide the best quality recreational cannabis, extracts, and infused products available at competitive prices and with compassion that can only come from those who are knowledgeable in the field. Planet 13 reported revenue in Q4 of $20.1 million. Although 22% higher year over year, it came in below analyst's estimate of $23.1MM. In the prior-year period, they recorded a net loss of $2.6 million, or $0.02 per share, with an expectation they'd break even in the fourth quarter. PLNHF reported Q1/21 revenues of $23.8M, which were below prior estimate of $28...2021-05-1427 min
The Talking HedgeCannabis (Equipment) Import IssuesA Washington state-based cannabis and hemp equipment manufacturer is suing the U.S. Customs and Border Protection for blocking its shipments. The company claimed Customs agents seized equipment (again) needed to build a cannabis trimming machine. They sued (again) in district court. Show Notes: Federal judge boots marijuana trimming firm’s case against US Border Patrol https://mjbizdaily.com/federal-judge-boots-marijuana-trimming-firms-case-against-us-border-patrol/ Guest: Katrina Glogowski, Seattle Attorney & Angel Investor https://www.linkedin.com/in/katrina-glogowski-711a985/ Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/jo...2021-04-2805 min
The Talking HedgeChronic Club's Cannabis Product Review: Moon RocksOnce a month the Chronic Club meets up to review a cannabis product sold somewhere in Washington State at a legal adult-use pot shop. Join Josh Kincaid of The Talking Hedge, Michael Schroeder of The Aging Ent, and Miggy420 of Cannabis Legalization News as we judge ORGROW's Puna Orange Moon Rocks (36.5% THC, 11.42% CBD) recommended by budtender Wesley of Natures Recreational Center in Tacoma, WA. For this 4/20 episode, we also review Durban Lime (26% THCA) from Growing Like a Weed (GLW). Last month we rated AgroCouture's live resin 52%. Guest: Michael Schroeder, The Aging Ent www...2021-04-261h 03
The Talking HedgeColombian Cannabis Pitch Deck ReviewGreen Health Colombia is a company from Colombia dedicated to sustainable agriculture and to promote research for the development of new products. Their goal is to structure and develop a high-performance, low cost company for the extraction of cannabis oil and the manufacture of innovate cannabis-based products, taking advantage of Colombia’s regulation and our team knowledge in developing and managing heavily regulated projects that require interaction between the public and private sector, as well as the communities. Green Health is betting on developing the MMJ cluster through a sustainable agricultural production, refine processes with qu...2021-03-2615 min
The Talking HedgeGrasroots Cannabis Pitch Deck ReviewGrassroots grows, processes and sells medical cannabis products through its vertically integrated business model in Illinois, Maryland, Nevada, Pennsylvania, Ohio and North Dakota. Curaleaf acquired Grassroots in July 2020, creating the world’s largest cannabis company with a market presence across 23 states and over 135 dispensaries. “Both Grassroots and Curaleaf are driven by a similar, positive culture and we are excited to join forces, adding scale and a combined strategic vision to create a dominant position in the industry” ~ Mitchell Kahn, Co-Founder and CEO of Grassroots. Guest: Katrina Glogowski, Seattle Attorney & Angel Investor https://www.linked...2021-03-1816 min
The Talking HedgeAgTech Platform Investor Pitch Deck ReviewThe pitch deck is a presentation that entrepreneurs put together when seeking a round of financing from investors. Startups closed out 2020 in a much stronger position with global venture funding up 4 percent year over year to $300 billion. Late-stage venture capital, which includes Series C and later rounds, grew 8 percent year over year. Private equity in venture-backed companies grew even more, at 73 percent year over year. If you are serious about your pitch deck it is not a bad idea to ask someone with a high-level understanding to take a look at your deck. A couple...2021-02-2523 min
The Talking HedgeCannabis & Tech TodayAt Cannabis & Tech Today, they're passionate about celebrating innovations in cannabis. Their quarterly award-winning magazine takes the audience to the frontline of technological innovation with cutting-edge content from all sectors of the cannabis industry. Cannabis & Tech Today is a publication for all things science, business, cannabis, & technology with exclusive interviews, brand new technology, and thought provoking articles from every corner of the cannabis community. ---Contents of this Video--- 00:00 - Cannabis & Tech Intro 00:54 - Josh's Fav Story 02:34 - Chuck's Story 04:05 - Tech in 2021 05:55 - Pandemic's Influences 08:56 - Emerge Virtual Conference 13:36 - Fav Story of 2020 19:19 - Fav Event Topic 22:31...2021-01-2742 min