“We’ve been doing this podcast for over a year now, and I think if you listen to a very early one…we said this was going to be the year of mergers, acquisitions, and bloodbath."
– Jason Laronde
"We’re good!”
– Joel Sherlock
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“When you build an entire greenhouse, and you expect that it will get paid off in two crops… Even if the economics were that good, you can only assume then that other people will get into that market. … And so now, some of our customers who are the biggest clients in the world—the biggest cannabis companies in the world—they’re starting to shift, and it’s like, ‘If I can pick up 2% here and 4% there.’ And that’s such a shift from 18 months ago where it was just like, ‘I’ve got a license, how quick can I get going?’”
– Joel Sherlock
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“I feel like more cool sh*t’s gonna come to light at MJBiz. Everybody’s going to walk around that floor and be like, ‘Whoa, what is that and where did that come from?’ I think that’s going to be the show that everybody goes, ‘Boom, that’s what we’ve been doing for the last year.’”
– Dexter L’Amarca
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As Extraction Insiders celebrates its first birthday, and in anticipation of events season, hosts Joel Sherlock and Jason Laronde sit down to take a look back as well as forward. They’re joined by Dexter L’Amarca, Ancillary Sales Manager at Vitalis and resident expert on innovation in cannabis processing and products.
It’s safe to say that it’s been a year of massive change. The world of cannabis is opening up, and there have been sweeping regulatory changes, particularly across the USA and Europe. In Canada, the next legislative hurdles approach with psilocybin, MDMA, and more. Within the cannabis industry, companies have merged, acquired, succeeded, and failed, all with an eye toward serving an increasingly educated consumer on a growing scale.
The pandemic also provided companies like Vitalis with an opportunity to hit reset and explore how new technology could solve problems, resulting in a massive surge in innovation. All in all, so much has happened over the past year and a half in the background of the industry, and our hosts cannot wait to see what this means for the future.
Vitalis is going to be at two of the largest cannabis conferences at the end of this year, east and west, and is excited to see you all in person. First, find Vitalis right up front at MJBizCon in Las Vegas from October 20 to 22, 2021, as a proud Gold Sponsor. Right after that, they’re heading to NYC for CWCBExpo from November 4 to 6, and you may even find Jason on stage for a TED-style talk. These will be shows you won’t want to miss, as a year’s investment in research, development, and innovation comes to light.