Jason Wild, who started out as a pharmacist, is President of JW Asset Management and Executive Chairman of US multi-state operator TerrAscend (TRSSF). He joins us to discuss starting his successful investing journey by reading Peter Lynch and by being disciplined about holding his winners and selling his losers relatively quickly. Following Trulieve's example of going deep but not wide. More focused, more scale in less places means better margins over near and long-term. Don't be too focused on federal legalization - you can't make money betting on what's going to happen in Washington.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Adrian Sedlin is founder and CEO of  Canndescent, a vertically integrated flower brand out of Santa Barbara, CA that offers a number of brands including Justice Joints, which donates 100% of all profits to social equity efforts. California's cannabis landscape suffers from oversupply and not enough legal retail, an unregulated grey market that's 2-3x the size of legal market. Incumbents know their way around; some will be bought by those with large balance sheets, some will head East.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Sturges Karban, CEO of ManifestSeven, on building the Amazon of the cannabis space. Focusing on California and dealing with its dichotomous nature. Expanding legalization and how it affects the industry. Salience of establishing your time horizon.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Emily Paxhia is co-founder and Managing Partner of Poseidon Asset Management, one of the earliest and longest-running funds in the cannabis space. Today we discuss the disappointing political picture around cannabis decriminalization and legalization, the path forward for bigger and smaller players in the industry, what Amazon's support of cannabis signals, MSOs diversifying strategies and what cannabis investors should be paying attention to as we come to terms with remaining stigmas and being a capital-deprived industry.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Seeking Alpha authors James V. Baker and Julian Lin return for our Master Class 3 after bringing so many cannabis investors so much insight and profit in episodes one and two. We catch up about their investing styles, where they think we are in the valuation cycle, what the developing legalization picture means for multi-state operators and investors and what stocks look strong.
Learn more about your ad choices. Visit megaphone.fm/adchoices

'We think a lot about cost of capital. Access to capital at low cost.' - Green Thumb CEO Ben Kovler, who joins Rena to discuss strong gross margin, net income profitability and free cash flow generation despite onerous cannabis tax regulations. Common-sense approach to cannabis winning out. Massive consumer demand. US consumed with cannacuriosity. Being ready for but not dependant on the next phase of legalization.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Glass House Group going public via Mercer Park SPAC. President and Co-Founder Graham Farrar joins us to talk consolidating California cannabis. Brand, product focused and control of the shelf space - consistently EBITDA positive, California's mature and immature market. Supply agreement with The Parent Company, plans for expansion; the Casamigos of cannabis.
Learn more about your ad choices. Visit megaphone.fm/adchoices

As the cannabis community has grown into an industry it's imperative we don't lose track of who and what got us here so today we launch a new Legacy series of the podcast where I talk to people coming from the legacy side of cannabis, way back before the Green Rush started.
In Jimmy's own words: "Sometimes when prayers are answered they don’t get answered exactly as you expected.  I think the law in California that legalized cannabis could have been written better but overall is a good thing for society and a step in the right direction.  This is what people have been dreaming about and fighting for, for decades.  I'm not sure if everyone fighting wanted so many laws that came with legalization but I guess that’s the nature of the beast.
One of the things I love most in life is smoking cannabis that I grew.  I highly encourage others to do so as it is one of the most satisfying, and rewarding ways to connect with the plant.  The connection to the plant and the love for it, is the biggest thing the legacy has to offer.  I hope anyone who joins the industry finds that connection." 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Are investors ready for the next leg of cannabis legalization and what it does to cannabis companies? That's a question asked by Mike Regan and Colin Ferrian who run MJResearchCo, which provides rigorous investment analysis of the legal cannabis industry. We also discuss the Trulieve/Harvest deal, various players set on dominating California, and what makes a strong operator.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Agrify is a developer of grow solutions for indoor agriculture, primarily for the cannabis market. CEO Raymond Chang joins Rena to discuss why indoor vertical farming will change the industry. CPG as the future of cannabis. Driving science, data and consistency. Importance of genetics and grow environment. Proprietary measures around design and safety. Building cannabis insight.

Learn more about your ad choices. Visit megaphone.fm/adchoices