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_outlineEvery 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.
The publicly traded cannabis industry ended 2019 with a capital crash. Now, thanks to Covid-19, cannabis has entered into yet another unknown territory. Early investors and small business owners are now finding themselves with very few options, leaving all of us to wonder - who will survive, who will sell out, and who will close permanently?
The philosopher, Heraclitus, comes to mind when describing the cannabis industry - “the only constant is change”.
There is one thing we can be sure of, our industry and our world will never be the same again.
3 Lessons Learned
- There is a playbook to weathering financial crises:
- Fiscal Response
- Monetary response
- Health response
- Take this time to get your game plan straight and start seeking investment again – it may sound counter-intuitive, but the goal is to be top of mind when the spigot turns on
- As the old adage goes: When everyone is greedy, be fearful, when everyone is fearful, be greedy
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
Podcast Links:
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