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 TalkThe 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 ControversialThe 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.2The 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.1The 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 IndustryThe 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 ChangeThe 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 IndustryThe 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 InvestmentsThe 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_outlineLast year was brutal for the cannabis industry in general, but nowhere as much as the publicly traded cannabis companies in Canada. 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.
3 Important Takeaways:
- As we have spoken about in the past, there is healthy skepticism to be had in companies that go public before they have established a solid operational foundation, quality products and a dedicated customer base
- As is on the outside, so is the inside - did the executives know anything about cannabis? Did they have a solid track record in a highly regulated industry(OUTSIDE OF FINANCE)? Did they have cannabis advisors with solid track records?
- As the publicly traded companies shed the cowboy CEO’s, it’s time to call in the cleaners with strong operational backgrounds, to clean things up and restructure before it’s too late.
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.
Credits:
Audio Editing - Seth Cross - Frontal Lobe Productions
Intro/Outro - Jef Judin
Music - The Master by Flashing Lights
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