High Spirits: The Cannabis Business Podcast

#083 - From Bongs to Beverages: Leading in Cannabis Through 20 Years of Change w/ Dave Daily, Founder of Grav


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Dave Daly, founder of Grav Labs, shares his 20-year journey from creating the original Gravitron in his parents' garage to building an iconic cannabis accessories brand that's now expanding into THC beverages.

• Building a differentiated product with the original all-glass gravity bong in 2004
• Growing through innovation when a simple taster product helped save the company from debt
• Navigating the evolution from a single-product company to a full accessories line
• Making the transition from founder-CEO to bringing on a 50-50 partner
• Creating legal agreements that discourage litigation through requiring neutral arbitration
• Expanding into new categories with a glass-bottled THC beverage that "tastes and feels like you smoked weed"
• Developing distribution strategies through existing smoke shop channels while exploring liquor store opportunities
• Bringing valuable product expertise to the board of a public cannabis company
• Dealing with supply chain challenges from the recent US-China tariff increases

Visit grav.com to try the new Grav cannabis spirit beverage, a full spectrum product that captures the authentic cannabis experience.


--
High Spirits is brought to you by Vertosa and Wolf Meyer.

Your hosts are Ben Larson and AnnaRae Grabstein.

Follow High Spirits on LinkedIn.

We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?

Visit our website www.highspirits.media and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.

Remember to always stay curious, stay informed, and most importantly, keep your spirits high.



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High Spirits: The Cannabis Business PodcastBy AnnaRae Grabstein and Ben Larson

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