The Dime

Keef Brands' Strategy for Navigating Hemp vs Regulated Cannabis Beverages ft. Erik Knutson


Listen Later

Hemp beverages have exploded over the last 24 months, and they are likely the tip of the spear for broader cannabis reform, helping to normalize cannabis through a familiar form factor.

The opportunity to produce hemp-based products in a single facility and distribute them across state lines offers benefits throughout the supply chain, providing consumers with more cost-effective products—much like how global giants like Coca-Cola operate. However, the rules governing this are still very grey.

In contrast, regulated markets require brands like Keef to establish individual operations in each state, leading to massive capital expenditures and challenging returns, especially when confined to a single state's population. Now, Keef sometimes finds itself competing with others—or even itself—as those who can distribute more broadly enjoy better unit economics without the burden of regulatory headaches and infrastructure costs.

Balancing these two models—considering the investments, the state of the market, and the opportunities at hand—is far from simple. Especially when you consider that Keef has been pioneering cannabis beverages for the past 14 years.

This week, we sit down with Erik Knutson to discuss:

  • Building a beverage brand in 2010
  • The differences between the regulated cannabis market and the hemp-derived market
  • Key manufacturing and strategy decisions
  • And much more

Chapters:

  1. Introduction and Background (00:00:00) - The hosts introduce their guest, Eric Knutson, co-founder of Keef Brands, and discuss his early introduction to the cannabis industry in Colorado.
  2. Keef Brands Origin Story (00:01:28) - Eric shares the story of how Keef Brands was founded, starting with their initial focus on cannabis-infused beverages and the challenges they faced in developing the manufacturing process.
  3. Navigating Expansion and Licensing (00:07:46) - Eric discusses Keef Brands' expansion efforts, the challenges of licensing their brand in different states, and the importance of vetting partnerships.
  4. Regulated vs. Hemp-Derived Markets (00:27:26) - Eric explains the differences between the regulated cannabis market and the hemp-derived market, including the regulatory landscape, supply chain considerations, and Keef Brands' approach to each.
  5. Planning and Forecasting in a Rapidly Changing Industry (00:42:32) - Eric shares insights on the challenges of planning and forecasting in the cannabis industry, emphasizing the need for flexibility and caution when it comes to investments and production.
  6. Advice and Closing (00:46:01) - Eric provides advice for first-time cannabis beverage consumers and shares where listeners can find more information about Keef Brands.

Guest Links:

  • https://keefbrands.com/
  • https://x.com/keefbrands

About Keef Brands:

Born in Boulder, Colorado in 2010, Keef Brands is a leader in the cannabis beverage space with a suite of products that offer a new generation of consumers an alternative to alcohol and an innovative new way to celebrate, have fun and enjoy life.

Our Links

Bryan Fields on Twitter 

Kellan Finney on Twitter 

The Dime on Twitter 

At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry.

8th Revolution Cannabinoid Playbook is an Industry-leading report covering the entire cannabis supply chain 

The Dime is a top 5% most shared  global podcast 

The Dime is a top 50 Cannabis Podcast 

Sign up for our playbook here:

🎥 YouTube:  The Dime

📸 Instagram:  The Dime

 


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

...more
View all episodesView all episodes
Download on the App Store

The DimeBy Bryan Fields & Kellan Finney

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

109 ratings


More shows like The Dime

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,599 Listeners

Pivot by New York Magazine

Pivot

9,755 Listeners

REAL AF with Andy Frisella by Andy Frisella

REAL AF with Andy Frisella

32,872 Listeners

The Dude Grows Show by The Dude Grows Show

The Dude Grows Show

596 Listeners

Pardon My Take by Barstool Sports

Pardon My Take

82,242 Listeners

Cannabis Legalization News Podcast by Cannabis Legalization News

Cannabis Legalization News Podcast

54 Listeners

Cannabis Investing Network by CIN Podcast

Cannabis Investing Network

67 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,241 Listeners

High Spirits: The Cannabis Business Podcast by AnnaRae Grabstein and Ben Larson

High Spirits: The Cannabis Business Podcast

8 Listeners

Higher Exchanges by Higher Exchanges

Higher Exchanges

16 Listeners