The Talking Hedge

Green Rush Live discusses the State of Federal Legalization with hosts Jimmy Young and Josh Kincaid of The Talking Hedge.

Episode 1005 The #TalkingHedge interviews Thomas Howard, Cannabis Industry Lawyer, Collateral Base...

https://youtu.be/KPr7lsZa25E

Weed Talk News is a weekly Cannabis news roundup published every Friday delivering the most current cannabis events with high visibility news contributors from across the U.S.!

Episode 1004 The #TalkingHedge…

https://youtu.be/uJpN3v-9XLA

Joy Beckerman has been involved in the hemp movement for over thirty years, and her extraordinary knowledge and passion for this versatile, valuable crop is contagious! Joy is the Principal at Hemp Ace International, a Seattle-based consulting, legal support, and expert witness firm serving the global community; as well as host of the popular podcast #Hemp Barons; and Advisory Board Member of Hemp Grower Magazine, the National Hemp Growers Cooperative, Environmental Living Industries and Colorado Hemp Works, America's first post-prohibition hemp grain processing facility. 

Joy has contributed thousands of hours to the hemp and cannabis movements across decades, using her grassroots advocacy, organizing, and professional legal skills to advance legalization and to educate the public, farmers, business owners, academia, lawmakers and regulators. 

Episode 1003 The #TalkingHedge interviews Joy Beckerman of HempAce...

https://youtu.be/H-niPQcAqW4

The state of California is the largest US cannabis market by sales, eclipsing $5B in annual sales in 2021 and is on pace to do so again this year. While total market sales in California are large and noteworthy, there are quite a few nuanced sub-trends developing in the Golden State’s cannabis industry. Below, we explore how category sales patterns have shifted in California over the past year.

Episode 1002 The #TalkingHedge dives into Headset’s data…

#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData 

https://youtu.be/8Ew8EALLZXM

Green Rush Live discusses the State of Federal Legalization with hosts Jimmy Young and Josh Kincaid of The Talking Hedge

Episode 1001 The #TalkingHedge interviews Aaron Smith, CEO, NCIA...

https://youtu.be/_dnRpHbdeKQ

Weed Talk News is a weekly Cannabis news roundup published every Friday delivering the most current cannabis events with high visibility news contributors from across the U.S.!

Episode 1000 The #TalkingHedge…

https://youtu.be/uJpN3v-9XLA

California had over $5 Billion in cannabis sales last year, however monthly sales figures have steadily declined since August 2021.

What’s the Significance?:

Some analysts are claiming there’s a correlation between cannabis sales and COVID restrictions easing.  

The theory is that people had more idle time at home during the lockdowns, with extra income from stimulus checks, so many of those people turned to cannabis products.  

Now that lockdowns are over, the theory goes that those people are now using less cannabis.  

What Happened in California last month?:

Total Sales= $419M

YOY Sales Growth= -11.6% (Sales growth topped 77% prior to Covid)

Avg Basket= $57.73

SKUs= 753

Like-Store-Sales-Growth (LSSG)= -3.98%

Sales patterns were similar to other states, with declines starting right before the summer in May 2021.

The Impact:

The prevailing theory of attributing lower sales to the end of the lockdowns might be part of the reason, however, I believe the impact of inflation can not be overstated.

The same economic factors hitting other business sectors are also affecting the cannabis industry. Cannabis sales aren’t falling just because people are trying to enjoy the outdoors, it’s also falling as inflation and gasoline prices are rising.

Inflationary Pressures:

Decreased average basket size trend continues, while the number of transactions continues to increase- indicating consumers are still going to #potshops more often, but spending less per transaction. This could mean consumers are trying to avoid higher minimum delivery requirements and opting to go to dispensaries and buying only what they need instead.

Consolidation:

Brand concentration has remained relatively steady, however, it's anticipated that consolidation will pick up as Canadian companies and private equity and venture capitalists come into the space in anticipation of U.S. Federal legalization to snap up under-valued cannabis prospects in hopes of a legalization rally that'll spark the next wave of cannabis stock speculation.

Episode 999 The #TalkingHedge dives into Headset’s report...

#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData  

https://youtu.be/5cIExYv3YcI

Founded in 2018, Bespoke Financial is the nation’s first fintech lender focused on the cannabis industry. 

George has over 14 years of experience in the financial industry with a specific focus on asset-based lending, off-balance sheet financing of commercial assets, and structured credit.

Bespoke has financed more than $800M in GMV across the US cannabis industry and is on track to deploy $1B by end of year 2022 via their revolving lines of credit.

Bespoke Financial is the first FinTech lender focused on the cannabis industry. The cannabis industry is growing quickly and projected to be a $40+ Billion dollar market by 2024 and a $100+ Billion market by 2030. Bespoke Financial provides companies flexible financing (ex. working capital), similar to how Square provides small businesses financing and how Affirm provides consumers financing.

Bespoke Financial already serves businesses across 14 US states (adhering to all state regulations), which covers 80% of the US cannabis industry. In the past year, Bespoke Financial's revenue increased +420% YoY (as of June 2021) and continues to scale rapidly as more states legalize cannabis use. With more states expected to legalize cannabis, the company is on track to continue its rapid growth.

Episode 998 The #TalkingHedge talk with George Mancheril, CEO + Co-Founder Bespoke Financial...

https://youtu.be/VFrxBcbPVx8

Michael Johnson is the CEO of Metrc, provider of cannabis regulatory systems in the United States.

Metrc is engaged in 21 government contracts and serves more than 300,000 users, including growers, testing facilities, dispensaries, state regulators, and law enforcement officials. 

The company's solution combines advanced software, radio-frequency identification (RFID), a dedicated customer-support team, and a secure database to track cannabis from growth, harvest, and processing to testing, transport, and sale.

During Johnson’s time as Metrc’s president and CFO, he transformed its organizational infrastructure, hired top leadership across all phases, and led year-over-year growth of nearly 50%.

Episode 997 The #TalkingHedge chats with Michael Johnson, CEO of Metrc...

https://youtu.be/3YlfrflOuwo

Weed Talk News is a weekly Cannabis news roundup published every Friday delivering the most current cannabis events with high visibility news contributors from across the U.S.!

Episode 992 The #TalkingHedge…

https://youtu.be/uJpN3v-9XLA