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In this episode of Highly Informed, host John Puro speaks with Michael Johnson, CEO of Metrc, the leading provider of cannabis regulatory technology in the U.S. With over 345,000 users, Metrc's solutions ensure the safety and security of the legal cannabis market by tracking products from growth to sale.
Michael discusses the challenges of cannabis regulation, the importance of compliance, and how technology fosters trust and confidence among consumers. Drawing on his extensive experience in scaling tech businesses and driving growth at Metrc, he shares valuable insights into the future of the cannabis industry.
About Michael Johnson: Michael Johnson is the CEO of Metrc, the foremost provider of cannabis regulatory technology in the United States. Under his leadership, Metrc has become a trusted partner for ensuring the safety and security of the nation’s legal cannabis market, serving over 345,000 users across various sectors, including growers, dispensaries, and law enforcement. With a strong background in scaling hyper-growth technology businesses, Michael has a proven track record of driving significant organizational growth and efficiency. Prior to joining Metrc, he served as CFO of InformedDNA and CM Group, where he implemented strategic initiatives that led to sustained growth and profitability. A certified Lean Six Sigma Black Belt, Michael is committed to shaping the future of the cannabis industry.
Chapters
00:00 Introduction and Setting the Stage
01:06 The Role of Metric in the Cannabis Industry
06:03 Proactive vs. Reactive: Metric's Approach
12:10 Customer Experience and Internal Metrics
17:52 Leadership Insights and Personal Experiences
23:53 Success Stories and Compliance Challenges
29:48 Emerging Technologies and Future Trends
37:47 Predictions for the Cannabis Industry
Guest:
Michael Johnson, CEO of Metrc, https://www.metrc.com/
https://www.linkedin.com/in/michael-johnson-41458115/
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/jon-purow/
Peter Barsoom, founder and CEO of 1906, discusses the mission of his cannabis edibles company and the importance of ending the prohibition of cannabis. He explains how 1906 products are designed to mimic the effects of smoking cannabis, with a focus on fast-acting, specific effects, and high-quality ingredients. Barsoom also discusses the incorporation of minor cannabinoids and other supplemental ingredients to create a personalized entourage effect. He emphasizes the importance of innovation and rethinking traditional products, such as pills and gummies, to make them more consumer-friendly. Barsoom predicts that the future of the cannabis industry involves online sales and a distinction between high-dose cannabis sold in dispensaries and low-dose cannabis sold online.
Takeaways:
Guest:
Peter Barsoom, Co-Founder and CEO of 1906 https://1906.shop/pages/about
https://www.linkedin.com/in/pbarsoom/
Host: Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/jon-purow/
#cannabis, #edibles, #prohibition, #effects, #smoking, #fast-acting, #specific #effects, #high-quality #ingredients, #cannabisinsider #cannabinoids, #entourage #effect, #innovation, #pills, #gummies, #onlineshopping, #sales, #dispensaries, #low-dosecannabis
In this episode of the Highly Informed, Mattio Communications Rosie Mattio and host Jon Purow talk about the evolution of Mattio Communications and the cannabis industry - its past,present and future.
Guest:
Rosie Mattio
Founder & CEO of Mattio Communications
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/jon-purow/
In this episode, host Jon Purow interviews Arthur de Cordova, CEO of Ziel, about the company's microbial reduction technology for the cannabis industry. They explore Arthur's diverse background, the adaptation of Ziel's technology from textiles to cannabis, and the evolution of their business model. The conversation delves into regulatory challenges across states, the importance of microbial control in the supply chain for safety and compliance, and the financial risks of contamination. They also discuss market dynamics, such as oversupply and price compression, and look at the evolving European cannabis market.
Guest:
Arthur de Cordova, CEO & Co-Founder of Ziel
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/jon-purow/
In this episode, host Jon Purow and guest Harrison Bard, CEO and Co-Founder of Custom Cones USA and DaySavers, discuss the pre-roll supply and packaging industry. Custom Cones USA started in 2017 and has since become the most comprehensive pre-roll supply company in the industry. They offer a wide array of pre-rolled cones, custom branding options, and full-service pre-roll capacity.
Guest:
Harrison Bard, CEO and Co-Founder of Custom Cones USA and DaySavers
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/jon-purow/
Summary
In this episode, we cover various cannabis and psychedelic news stories. The highlight stories include the regulation of psychoactive hemp-derived cannabinoids, the potential rescheduling of cannabis, and the progress of psychedelic legalization. The golden nugget stories highlight California's cultivator capacity, the impact of cannabis legalization on Canadian beer sales, and Washington's regulation of high potency cannabis products. The federal news covers President Biden's stance on cannabis, clemency for nonviolent cannabis offenders, and Vice President Kamala Harris' cannabis reform event. The state news includes updates on cannabis legalization in Virginia, Hawaii, and Washington. The international news covers Germany's cannabis legalization delay, Thailand's reversal on cannabis legalization, and Costa Rica's progress in legalizing medical cannabis and hemp. Lastly, the cannabis science and medical news includes studies on the effects of CBD on menstrual symptoms, the use of cannabis for female orgasmic disorder, and the safety of CBD for dogs.
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/jon-purow/
Takeaways
· Regulation of psychoactive hemp-derived cannabinoids is a topic of interest, with many states considering making certain hemp-derived cannabinoids illegal.
· The potential rescheduling of cannabis to schedule three is being discussed, with conflicting rumors about the timeline.
· There is growing momentum for psychedelic legalization, with widespread acceptance of the medical benefits of psychedelics.
· Various states are making progress in cannabis legalization, with Virginia legalizing cannabis sales and Hawaii considering automatic expungement of cannabis convictions.
· International cannabis news includes Germany's delay in legalization, Thailand's reversal on cannabis legalization, and Costa Rica's progress in legalizing medical cannabis and hemp.
· CBD is linked to reductions in menstrual symptoms, and there is a push to make female orgasmic disorder a qualifying condition for medical cannabis.
· Studies show that CBD is safe for long-term use in dogs.
Kristina Lopez, founder of House of Puff, discusses her journey in building a brand that offers stylish and accessible cannabis accessories.
She shares how her background in the art world and her own experience as a consumer of cannabis inspired her to create products that cater to different demographics.
Kristina highlights the importance of collaborating with artists and giving back to the community. She also discusses the challenges and opportunities in the New York cannabis market.
Takeaways
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/
Guest:
Kristina Lopez, CEO and Founder of House of Puff
Disclaimer:Any views that Jon states during an episode are his own, and notthose of his law firm Greenspoon Marder LLP or Benzinga.
In this episode of the Highly Informed, Jon interviews 4 key players from the cannabis industry. They cover hardware manufacturing, product customization, safety considerations, branding, and market share. They also explore the potential of cannabis-infused beverages and their role in social acceptance and economic activity. The conversation highlights the importance of infrastructure in the cannabis industry and the need for education and community engagement. The speakers express optimism about the future of the industry and emphasize the role of convenience and innovation in driving its growth.
Takeaways:
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/
Guests:
Jacob Anderson, Partner & Senior Sales Associate, BOLD Carts
Diana Eberlein, VP of Marketing & Business Development, SõRSE Technology
Donny Moskovic, Retail & Cannabis Real Estate. Seasoned Cannabis Entrepreneur
Jordan Tritt, CEO, The Panther Group
Disclaimer:
Any views that Jon states during an episode are his own, and not those of his law firm Greenspoon Marder LLP or Benzinga.
_____________________________________________________________________
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#HighlyInformed #Cannabis
In this episode of Highly Informed, Jon talks with Scott Jordan, Founder of Alternative Finance Network, Blake Villa Founder of Qwik Liquids and Jocelyn Tse and Eric Frape, Co-Founders of Sweet Justice.
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/
Guests:
Scott Jordan -Founder of Alternative Finance Network
Blake Villa - Founder of Qwik Liquids
Jocelyn Tse and Eric Frape - Co-Founders of Sweet Justice
Disclaimer:
Any views that Jon states during an episode are his own, and not those of his law firm Greenspoon Marder LLP or Benzinga.
_____________________________________________________________________
Check out www.benzinga.com for complete coverage along with all the latest financial news and data!
PRO TOOLS:
pro.benzinga.com
Free 2 week trial, no credit card required
GET 25% OFF BENZINGA PRO
https://benzinga.grsm.io/benzingalive🙌
Follow us Online!
Instagram: www.instagram.com/benzinga
Facebook: www.facebook.com/Benzinga
TikTok: www.tiktok.com/@benzinga
Twitter: twitter.com/Benzinga
#HighlyInformed #Cannabis
In this episode of Highly Informed, Jon talks with Jason Nelson, Former CEO of BeLeaf Medical, discusses the transition of Missouri's cannabis market from medical to adult use. He highlights the unique aspects of Missouri's market, including a relatively large number of licenses and robust retail and cultivation operations. Nelson also discusses the regulatory challenges faced by the industry, such as a crackdown on distillate products and packaging and labeling requirements. He explains the different brands and product lines of BeLeaf Medical, including their focus on affordability and inclusivity. Nelson predicts that Missouri's adult use market will continue to grow, but consolidation and expansion are expected in the coming years.
Host:
Jon Purow, Partner - Greenspoon Marder
https://www.gmlaw.com/attorneys/
Guest:
Jason Nelson, Former CEO - BeLeaf Medical
Disclaimer:
Any views that Jon states during an episode are his own, and not those of his law firm Greenspoon Marder LLP or Benzinga.
_____________________________________________________________________
Check out www.benzinga.com for complete coverage along with all the latest financial news and data!
PRO TOOLS:
pro.benzinga.com
Free 2 week trial, no credit card required
GET 25% OFF BENZINGA PRO
https://benzinga.grsm.io/benzingalive🙌
Follow us Online!
Instagram: www.instagram.com/benzinga
Facebook: www.facebook.com/Benzinga
TikTok: www.tiktok.com/@benzinga
Twitter: twitter.com/Benzinga
#HighlyInformed #Cannabis
From the publisher's feed
Benzinga's Highly Informed podcast, hosted by Counsel/Cannsigliere/Connector Jon Purow of Greenspoon Marder, will feature three types of episodes featuring informative discussions and pot…
1) “Rehash” episodes that feature hybrid news/analysis extract from other 420 sources
2) Dope Discourse long-form interviews recorded with industry luminaries
3) “One Hitter” short-form interviews recorded at industry conferences.
To provide feedback, please email Jon at [email protected].