Impacts of National Legalization and Cannabis Investments
Release Date: 06/17/2019
Investigations Aren't Just For Crimes
The CannaBS Detector
Have you ever wondered how legit an associating business is, or the people within it? Are you investing into a business with someone you aren’t entirely sure of? Well, lucky for you, we’re speaking with Tanya Hoke, an due diligence investigator.
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If Cultivation Walls Could Talk
The CannaBS Detector
You know the saying, “If you build it, they will come”? In the cannabis industry, more specifically indoor cultivation, if you build it poorly, all sorts of problems will come. That’s not a maybe, that’s a guarantee.
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Let's Talk Terpenes - And Get a Little Controversial
The CannaBS Detector
From CHS to drug interactions to the compounds in your concentrates, why do stoners avoid these topics? No cannabis users want to talk badly about cannabis, especially with its historical stigma surrounding the plant. But whether you like it or not, there is more research needed on cannabis, and a good start is being honest about its risks and effects and how we discover them.
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Legalization: A poison Pill Pt.2
The CannaBS Detector
What will regulations look like in the future, compared to the past? Will we learn from our mistakes to create a better system?
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Legalization: A Poison Pill Pt.1
The CannaBS Detector
Everybody seems to want legalization on a federal level. It’s a hot topic in the industry, especially with a new democratic president and the aftermath of COVID-19 slowly starting to show it’s face. But what are the impending consequences of legalization? Who will be the ones most drastically effected? Will it effect cannabis culture and the people within it?
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Covid-19 and the Cannabis Industry
The CannaBS Detector
Every type of battle an industry can face has occurred in the cannabis industry. From insane taxes and regulations, to rampant corruption and shady business practices. However, NOTHING compares to the challenges Covid 19 poses.
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Rule #1: Always Get Everything in Writing!
The CannaBS Detector
Jean Everson isn’t unique in her circumstances, but what makes her unique is twofold. First, she had the smarts to keep records of everything and took this company court - and WON. Secondly, despite winning the settlement and receiving nothing, she wants you to know her story so that you don’t find yourself in the same position. It truly seems like no one escapes this industry unscathed, but there is hope! Listen in to learn how to recognize the signs and how to CYA (cover your ass)!
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Millions of Dollars Lost - Time for Change
The CannaBS Detector
What started out as a booming industry where there seemed to be no ceiling to the amount of money being poured into, and spent by Canadian cannabis companies, ended with a swift dose of reality that "growth for the sake of growth" might not have been the best path forward! As the giants continue to eat the promises they made to their investors, Colby McFadden and I discuss the next phases these companies will be going through.
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Inclusion in the Cannabis Industry
The CannaBS Detector
Inclusion is about keeping everyone that got the industry to where it is now IN the industry, instead of being left behind by those with deep pockets and a focus on profit. This episode is a conversation about how the original cannabis advocates and drug war victims can not only remain relevant but also share in the spoils of this ever-growing, money-making industry.
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Impacts of National Legalization and Cannabis Investments
The CannaBS Detector
While many people think national legalization is the answer to the many issues our industry faces(lack of banking, restrictive taxation, cannabis incarceration, etc) there are a lot more factors to consider that aren’t being discussed in the media. On this episode, we discuss some of the negative impacts that legalization can have on cannabis companies and the industry as a whole in the US.
info_outlineNote: These episodes were recorded earlier this year and some news has come out about several of the companies mentioned in this episode. We will be releasing a follow-up episode soon to address the updates. Make sure you subscribe so you don’t miss it!
Given my astute ability at sniffing out BS, people often reach out to me asking me for recommendations on which companies to invest in. I decided to call upon my favorite, and most trusted wealth advisor, Colby Mcfadden of Quiver Financial and Green Flower Media, to make a series about investing in the cannabis industry to better educate myself, and the masses alike. Let me know what you think!
List of Topics/subjects discussed
- How national legalization will lead to globalization
- How globalization will impact the US industry
- Why would an individual investor prefer cannabis to be rescheduled when funds like Acreage Holdings are pushing for legalization
- What types of investments should people go for keeping national legalization in mind
- When you have a short time to invest - spend the time doing due diligence
- Signs you should be aware of, ie CEO pressuring to close, etc
- What will happen when hemp is globalized now that it has been removed from the CSA(Controlled Substances Act)
- Should you be concerned about investing in companies that use 3rd world labor
- What’s going to happen to the culture of the industry
3 Lessons Learned
- Globalization will make the hemp costs go down due to competition and lower costs in 3rd world companies and consolidated businesses
- Invest in large facilities because size is going to matter to the big corporations that eat them up. Invest in front of the consolidation, ie who’s best for being merged/rolled up
- Question the motives of CEO’s and hedge fund managers when they are preaching for national legalization - who really benefits?
Links to Articles Mentioned in This Episode:
Guest Bio and Social Media Links:
Colby is a 22 year veteran of the financial services industry working with many of the largest institutional and private investors. As CEO of Quiver Holdings LLC Colby has provided strategic guidance to private companies throughout their capital raising campaigns. Colby has been educating and managing investors and entrepreneurs on all subjects related to finance and investing. Prior to Colby's focus on investment banking and corporate structure he was a top producing branch manager for some of the largest regional and independent broker-dealers with an emphasis on branch expansion and post-merger integration. Colby is also the Director of Partnerships for Green Flower Media the leader in trusted education in the cannabis industry.
Colby McFadden is the President of Quiver Financial and Director of Partnerships for Green Flower Media.
Credits:
Audio Editing - Seth Cross - Frontal Lobe Productions
Intro/Outro - Jef Judin -
Music - The Master by Flashing Lights
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