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.
info_outline
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.
info_outline
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.
info_outline
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?
info_outline
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?
info_outline
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.
info_outline
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)!
info_outline
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.
info_outline
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.
info_outline
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_outlineWith the amount of big money flowing into the cannabis industry, inclusion is becoming a larger topic for those advocates and the people whose livelihoods were made from this plant long before it was “safe” to operate. It is becoming clearer that indeed, the playing field is NOT EVEN. Many in the industry are finding that despite having been in the industry for years, even decades, they are losing jobs to those with formal degrees and coming from conventional industries. Inclusion goes beyond social equity, where the focus is righting the wrongs of the drug war and giving those that served time for doing what former politicians and police officers are now profiting off of. 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.
Topics covered
- Social equity
- Inclusion from an investors perspective
- The importance of data in the bigger scheme of things
- Are industry lobby groups lobbying for inclusion or the interests of businesses
- How can investors and bankers impact inclusion
- What we, the original cannabis advocates and activists, can do to remain relevant in the face of big money with opposing interests
- Strategies we can learn from traditional industries to employ in our favor
- Ways we can play the game like the politicians and big money/big businesses do through utilizing things like opportunity zones to further our cause and lift our people up
- The importance of staying in the game, despite the challenges
- How a unified voice and a strong community is the only way to fight money and outside influence
3 important takeaways:
- Stop trying to reinvent the wheel. Learn from other industries and use their tactics to our advantage
- We need to learn to deploy institutional money in a positive way. Doing good is not mutually exclusive from making a profit.
- Be wary of what data you’re sharing, and who you're giving your data to. Before signing up for a cultivation app - think of how that data can be used if big AG were to purchase it. Sometimes something that seems easy and efficient in the short term may not be helpful in the long run
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 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
Podcast Links:
Click on the podcast hosting site you use below to subscribe to this podcast!
Please leave a review if you enjoyed the show, it helps bring in more listeners!