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New markets are opening up for recreational cannabis as some states begin to ease up on their restrictions and open up to the product. Naturally, new cannabis customers would need time to adjust to buying recreational cannabis from a licensed physical store. How can you allay their fears, make them comfortable and make sure that they come back and spread the word about your business? How do you build trust with the customers and the rest of the business community? Tony Frischknecht shares some tips on what you can do to give the best experience to you end user and get your new cannabis business on the radar.
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Why is cannabis prohibition a waste in so many levels and what does legalization mean for the economy and social justice? These issues are close to the heart of Barry Grissom, who joins Tony Frischknecht in this episode. Barry is the United States Attorney for the district of Kansas from 2010 to 2016. He also works as general counsel for Electrum Partners, where he works with people in the cannabis industry to give them a direction on how they can be successful in whatever endeavor they're involved in. In this interview, Barry tells us why cannabis legalization is not just a drug enforcement issue – it is an economic and social justice issue that begs to be resolved once and for all.
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When people talk about cannabis, they usually focus on growing, selling, and the business side of it as well as its medical properties. However, there are many nutrients, minerals, and vitamins that are in the plant that are hardly ever discussed. On today’s podcast, Tony Frischknecht chats with Miguel Neumann from CBDMEX about the nutrient side of the plant and why it’s considered the world’s first ultra-food. Miguel is an experienced business owner with a demonstrated history of working in the health wellness and fitness industry.
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When you are trying to grow a business or investing in one, it’s no secret that you will encounter struggles or make mistakes along the way. On today’s podcast, Tony Frischknecht shares six major mistakes he’s made as an investor. A simple mistake can cost a lot, especially when you’re investing in something seriously. Remember these simple guidelines to help you keep yourself in check when you're looking at future deals.
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There are big and tough competitions out there in the cannabis industry that small businesses find it difficult to break through, offer their products, and make a name for themselves. Understanding that most businesses in the industry are more or less a startup, David Melnick started his company, Feel State—working with the primary business model to work with independently-owned and operated Feel State branded dispensaries to help the small business entrepreneur. In this episode, he sits down with host, Tony Frischknecht, to share the amazing work they have been doing and some insights on what it is like to be a young operator in the market. David then provides some of the ways you can get your chance at becoming the business you want and work your way to success.
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One of the many confusions that many people who are just starting out in the cannabis industry struggle with is the various strain names of cannabis. More often than not, it becomes overwhelming to identify which is which, especially as strange brand names start to pop up. In this episode, Tony Frischknecht interviews Conal Rosanbalm, the wholesale manager of Kind Love in Denver, Colorado, to help us become familiar with the different strains available out there and how you can get yours. Conal also takes us into what they do over at Kind Love, how they pick their strains, test out their products, and sell. Listen in on this conversation to get valuable insights about the world of cannabis strain names.
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In the midst of their busy day-to-day lives, many business owners encounter difficulty finding the time to really look at their business market and see what’s missing. Sometimes, it helps more to take your foot off the gas, relax for a while, and regain perspective on what’s really happening out there. In this episode, Tony Frischknecht flies solo to talk about the many sides to get business analytics without burying your head deep in your own business processes. He talks about gathering data from feedback and even camaraderie and then shares data from BDS Analytics about emerging markets and more. Keep your options open when gathering data. That way, you’ll grow your business even more.
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When Colorado allowed people from outside of the state to come and purchase cannabis legally, it felt like a tidal wave was happening. The cannabis industry and business owners were caught surprised at how many people took an interest in the state, planning not only their vacations but also businesses. Speaking about the changes brought forth by this move in 2014 by the State, Tony Frischknecht invites to the show Susan Dupej, a Social Sciences and Humanities Research Council (SSHRC) Post-Doctoral Fellow at the University of Guelph whose research interest focuses on the impact of cannabis legalization on the tourism industry. Here, Susan lets us in on how she is going about her study on how social responsibility can be used as a framework for forming best practices for suppliers. Join in on this eye-opening conversation that marries academia to the realities of everyday people and how the cannabis and tourism industries impact each other.
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Despite its amazing benefits to its users, the CBD industry is relatively young and has had some challenges in terms of maintaining the product quality in accordance with medical and legal constraints. Charlie Piermarini, the CEO and Founder of Restorative CBD, believes in doing things right and putting out the best quality product. CBD is a rapidly booming business, and stakeholders should take positive steps to see it move forward. Charlie sees the value of education as a critical component in getting patients and medical professionals on the same boat about what the product can and cannot do. Listen as he joins Tony Frischknecht on the show to talk about his CBD business journey, his passion for CBD education, and getting creative in CBD marketing.
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Social equity programs are a relatively recent development in the cannabis industry that is designed to help individuals, families, and communities victimized by cannabis criminalization and the war on drugs. Many of these programs, however, are doomed to fail, owing to such problems as corruption, lack of transparency, and severely limited funding. Ironically, this dire situation exists at a time when social equity is just gaining traction in public opinion. Joining Tony Frischknecht to talk about this is Chris Nani, the Founder of the cannabis publication, Endo Insider. Chris has worked in the social equity subfield of the cannabis industry for the last three years, developing the Social Equity Assessment Tool, which is the first and only rubric currently used to grade the efficacy of existing social equity programs. He has recently released a book with a dozen other authors called Understanding Social Equity. His experience in the field of social equity research helps us unpack the realities of social equity programs in a time when they are most needed.
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From the publisher's feed
If you’re thinking of investing, working, or starting a business in the cannabis industry, then you need to listen to Plant Problems, a podcast that takes a different approach to cannabis than what…