Under the Microscope with Jenny

Under the Microscope with Jenny

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Under the Microscope with Jenny episodes

  • Ep. 30: From Risk to Resilience - How Cannabis Operators Can Avoid Receivership

    🎙In this episode of 'Under the Microscope with Jenny,' host Jenny Germano is joined by Andy Shelley the Founder of CannXperts to discuss the critical issue of receivership in the cannabis industry. Andy, a former Law Enforcement Officer and Oregon Liquor Control Commission Regulator turned cannabis consultant, delves into his transition into the industry. The conversation focuses on the nuances of receivership, an alternative to bankruptcy, and why it is particularly relevant in the cannabis sector due to federal restrictions on bankruptcy filings. Jenny and Andy talk about the causes leading to receivership, the warning signs, the operational and regulatory challenges, and the steps companies can take to avoid this route. Through detailed explanations and real-life examples, listeners can gain valuable insights into the complexities of financial difficulties in the cannabis industry, the importance of vigilance, and the steps to ensure business sustainability.

     

    🌿 Our Host: Jenny Germano

    🌎 https://www.icsconsultingservice.com


    🌿 Our Guest: Andy Shelley Founder of CannXperts 
    🌎 CannXperts: https://www.cannxperts.com

     

    ⏰ Timecodes ⏰

    01:12 Andy Shelley's Background in Cannabis

    04:10 Receivership in the Cannabis Industry
    05:27 Understanding How Receivership Works
    09:43 Reasons Why Receivership Happens
    14:50 Receivership Process and Challenges
    17:26 Managing Operations During Receivership
    20:24 Regulatory Compliance in Receivership
    23:24 Protecting Assets and Ensuring Continuity
    25:14 Early Warning Signs and Prevention
    26:23 Identifying Financial Warning Signs
    29:52 Proactive Steps to Avoid Financial Trouble
    34:05 The Dangers of Ignoring Financial Issues
    36:06 Risks of Management Service Companies
    45:06 Best Practices for New and Existing Operators
    48:13 Final Thoughts & Wrap Up

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    51 min
  • Ep. 29: Working On the Business, Not Just In It - Building a Sustainable Cannabis Business

    🎙In this episode of 'Under the Microscope,' host Jenny Germano welcomes Ernest Toney, founder of BIPOCann, to discuss the keys to building a sustainable cannabis business by focusing on working on the business and not just in it. Ernest shares his journey from working in sport health and wellness to entering the cannabis industry and founding BIPOCann in 2020. Jenny and Ernest cover a wide range of topics, from the importance of having a business plan, navigating regulatory frameworks and authentic storytelling to working through challenges related to funding and access to capital, especially for minority and underrepresented entrepreneurs. They discuss the significance of relationship building and the unique value propositions that can set a cannabis business apart in a competitive market. Whether you're an aspiring cannabis entrepreneur or a seasoned operator, this episode is packed with valuable insights and practical best practices.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com


    🌿Our Guest: Ernest Toney, Founder of BIPOCann
    🌎BIPOCann: https://bipocann.com

     

    ⏰ Timecodes ⏰

    01:20 Ernest's Early Career and Transition to Cannabis

    03:50 Addressing Market Gaps in the Industry
    09:11 Challenges and Strategies for Cannabis Entrepreneurs
    13:26 Importance of Business Planning
    20:07 Financial Projections and Proformas
    28:31 Funding Challenges for Micro and Social Equity Licenses
    29:06 Challenges in the Cannabis Industry
    29:56 Access to Capital and Financial Barriers
    35:08 Branding and Storytelling in Cannabis
    41:03 Navigating Market Entry and Licensing
    45:15 The Importance of Relationship Building
    52:09 Final Thoughts & Wrap Up

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

     

    56 min
  • Ep. 28: Protecting Employees - Understanding Worker Protection Standards in Cannabis Cultivation

    🎙In this episode of 'Under the Microscope with Jenny,' host Jenny Germano welcomes her guest, Alex Hearding from Red Wolf Risk, who brings expertise in environmental science and worker safety. Alex and Jenny explore critical topics of protecting employees in cannabis cultivation operations by understanding Worker Protection Standards. Their discussion covers the specifics of Worker Protection Standards (WPS) and the critical need for compliance with EPA regulations on pesticide use, including the roles and requirements for workers and handlers, the importance of training, PPE, emergency assistance, maintaining decontamination stations and common violations. This episode provides practical tips and best practices to help operators ensure compliance and protect their workers, making this a valuable resource for anyone involved in cannabis cultivation.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com


    🌿Our Guest: Alex Hearding founder of Red Wolf Risk
    🌎Red Wolf Risk: https://redwolfrisk.com

     

    ⏰ Timecodes ⏰

    02:55 Understanding Worker Protection Standards (WPS)

    04:17 EPA Standards and Pesticide Use in Cannabis
    08:03 Overlap with OSHA and State Regulations
    19:07 Training and Education Requirements
    25:32 Central Posting and Safety Data Sheets
    29:36 Essential Safety Equipment for Outdoor Grows
    32:14 Restricted Entry Intervals (REI) Explained
    34:17 Personal Protective Equipment (PPE) Guidelines
    39:36 Decontamination and Emergency Supplies
    48:13 Common Violations and Best Practices
    54:56 Final Thoughts & Wrap Up

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    58 min
  • Ep. 27: Top Compliance Mistakes Cannabis Operators Make and How to Prevent Them

     In this episode of 'Under the Microscope with Jenny', host Jenny Germano discusses the top compliance mistakes that cannabis operators commonly make and provides insights on how to prevent them. With over a decade of experience in cannabis operations, Jenny covers a broad range of topics including the top violations in the US, the importance of maintaining a culture of compliance, and best practices for avoiding common pitfalls such as poor record-keeping, labeling errors, and seed-to-sale tracking systems. She dives into the significance of violations issued across 29 states and over $10 million in fines issued in 2024. 

    Jenny also provides best practices for each of the top violations, emphasizing the importance of a compliance-centered company culture. Listeners can learn about proper inventory tracking, record-keeping, packaging, and employee training to avoid the common infractions and ensure their cannabis business operates within regulatory standards. Tune in to learn more, and how to navigate the regulatory landscape to keep your cannabis business compliant.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com

     

    ⏰ Timecodes ⏰

    01:27 Compliance Risks in Cannabis Operations

    06:09 Top Violations in Cannabis Operations
    06:21 Track and Trace Issues
    15:05 Poor Record Keeping
    20:20 Packaging and Labeling Mistakes
    23:04 Security and Surveillance Failures
    30:33 Advertising and Marketing Violations
    32:52 Point of Sale System Failures
    33:49 Improper Waste Disposal
    40:10 Employee Training and Safety
    42:56 Best Practices for Compliance
    55:56 Final Thoughts & Wrap Up

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    1 hr
  • Ep. 26: Building Cannabis Cultivation Operations from the Ground Up

    🎙 In this episode of ‘Under the Microscope with Jenny’, host Jenny Germano welcomes Jeremy  Shechter, founder of Open Source Horticulture, who shares his extensive experience in cannabis and horticulture. The conversation covers Jeremy's unique background in aquaponics, the key principles for cultivation, common pitfalls in facility design, the importance of staff satisfaction, and the future of cultivating cannabis. They also discuss practical aspects like preventative equipment maintenance, biosecurity in facility design and the critical role of structured communication in managing a successful cultivation operation. This episode is packed with valuable tips for both new and experienced cannabis operators.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com


    🌿Our Guest: Jeremy Shechter, founder of Open Source Horticulture
    🌎 https://opensourcehorticulture.com

     

    ⏰ Timecodes ⏰

    01:06 Jeremy's Background in Horticulture and Cannabis

    02:10 Aquaponics and Cultivation Philosophy
    03:26 Facility Design and Operational Efficiency
    17:14 Balancing Creative Vision with Operational Realities
    21:10 Importance of Employee Satisfaction in Cultivation
    27:54 Team Dynamics in Cannabis Cultivation
    29:17 Importance of Structure and Goals
    30:19 Meaningful Employee Incentives
    33:47 Communication in Cultivation Operations
    38:53 Preventative Maintenance in Cultivation Facilities
    45:12 The Future of Cultivating Cannabis
    50:03 Final Thoughts & Wrap Up 

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    53 min
  • Ep. 25: Efficient Cash Management for Cannabis Operators

    🎙In this episode of 'Under The Microscope with Jenny,' host Jenny Germano welcomes Jennifer Makris the Founder of Cannabis Cash Consultants, who shares her journey and expertise in cannabis cash management. Jennifer explores the evolution of her career from transportation logistics to managing financial systems for Brinks, and discusses her role in pioneering cannabis-friendly financial institutions and cash handling solutions. They discuss key topics such as the challenges of handling cash in the cannabis industry, the importance of efficient cash management systems, the risks associated with cash transactions, and the impact of potential regulatory changes on cash usage in the future. Jennifer also highlights best practices, training needs, and technological solutions to improve cash management efficiency and security for dispensary operators. Listeners will gain valuable insights into the complex world of cannabis cash management and practical advice for safeguarding their business operations.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com


    🌿Our Guest: Jennifer Makris
    🌎 https://cannabiscashconsultants.com

     

    ⏰ Timecodes ⏰

    00:18 Jennifer's Journey into Cannabis

    03:37 The Role of Cash in Cannabis Retail
    05:22 Challenges in Cannabis Banking
    10:10 Cash Handling and Security Concerns
    22:50 Tactical Strategies for Cash Management
    29:17 The Importance of Networking and Learning
    30:21 Expanding Your Network Beyond State Lines
    33:53 The Importance of Training in Cash Handling
    42:48 Daily Reconciliation and Cash Management Strategies
    49:50 The Future of Cannabis Cash Management
    51:45 Final Thoughts and Wrap Up

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    59 min
  • Ep. 24: Cannabis Operator Series | Fireside Chat with Shawn Honaker Founder of Yeti Farms

    In this episode of 'Under the Microscope Cannabis Operator Series’, host Jenny Germano welcomes Shawn Honaker, CEO of Yeti Farms, a Medical and Adult-Use Cultivation and Manufacturing Facility. The discussion dives into Shawn's unexpected journey into the cannabis industry, starting from his roots in central Indiana, to running a financial planning firm, and eventually founding Yeti Farms.

    Shawn shares his experiences including challenges in the oil field industry, overcoming personal struggles with alcohol, and the journey of establishing a successful cannabis business. The talk touches on his diverse career, innovative ventures in cannabis extraction, cultivation practices, and insights into navigating the regulatory and financial challenges of the cannabis industry. Shawn also provides a realistic perspective on the current state and future of the cannabis market, emphasizing lessons learned and the importance of adapting to changing circumstances.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com


    🌿Our Guest: Shawn Honaker, CEO of Yeti Farms
    🌎 Yeti Farms: https://yetifarms.co

     

    ⏰ Timecodes ⏰

    01:10 Shawn's Early Life and Work Ethic

    04:27 Journey to Colorado and Career Shift
    07:16 Success in Sales and Financial Planning
    19:16 Overcoming Challenges and Building Success
    21:04 Entering the Cannabis Industry
    23:25 Rediscovering Cannabis
    25:07 From Indoor to Outdoor Cultivation
    27:09 The Birth of Yeti Farms
    32:49 Challenges in the Cannabis Industry
    40:34 Reflections and Future Plans

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    1 hr 43 min
  • Ep. 23: Beyond Compliance: Building Smarter Cannabis Operations

    🎙 In this episode of 'Under the Microscope,' host Jenny Germano welcomes Blaine Hatab, CEO of Distru, to discuss the evolving cannabis industry and key aspects of the industry from operations to compliance. They delve into the importance of technology in cannabis operations, the importance of staying data-driven, leveraging technology and how better tech can make a difference for Cannabis operators. 

    The conversation covers the unique challenges faced by cannabis operators, the pivotal role of technology, particularly ERP systems, in optimizing operations, and the potential but limited impact of AI on the industry. Jenny and Blaine explore strategies for better inventory management, fostering buyer-operator relationships, and addressing market oversupply issues. 

    This episode is packed with valuable information for both current and aspiring cannabis operators. Tune in for practical advice and strategies to strengthen your position in this competitive market.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com


    🌿Our Guest: Blaine Hatab, CEO of Distru
    🌎 Distru: https://www.distru.com

     

    ⏰ Timecodes ⏰

    00:35 Guest Introduction 

    03:11 Challenges in the Cannabis Industry
    03:33 Importance of Technology in Cannabis
    07:18 Adoption and Integration of Software
    10:16 AI in the Cannabis Industry
    16:14 Inventory Management and Compliance
    20:31 Key Performance Indicators (KPIs)
    25:40 The Importance of Relationships in Business
    31:55 Strategies for Cannabis Operators
    34:00 Navigating Market Saturation
    43:03 The Role of Data in Business Decisions
    48:12 Best Practices for Cannabis Operators

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    53 min
  • Ep. 22: Five Compliance Challenges That Can Make or Break Your Regulated Cannabis Business

    🎙 In this episode of 'Under the Microscope,' host Jenny Germano dives into five primary compliance challenges that can make or break a regulated cannabis business. Jenny shares her extensive background in the cannabis industry, beginning in 2009, and the insights she has gained through her 16 years of working in the regulated market. She addresses why she often focuses on the industry's hurdles, and the importance of being prepared, the role of regulations along with the five key compliance challenges operators will face. Jenny provides practical advice, including the necessity of thorough training, and the significance of understanding every single aspect and moving piece of the cannabis business. This episode is crucial for both new entrants and existing operators in the cannabis industry, offering valuable insights and strategies to navigate and mitigate these challenges.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com

     

    ⏰ Timecodes ⏰

    00:59 The Reality of Cannabis Industry Challenges

    04:00 Why Running a Regulated Cannabis Business is Challenging
    09:00 Top Five Compliance Challenges Overview
    11:27 Inconsistent Testing Standards
    18:50 Navigating the Regulatory Maze
    21:52 Inventory Tracking and Inversion Risks
    35:56 Security, Packaging, and Product Safety
    43:49 Financial, Tax, and Banking Compliance
    51:19 Final Thoughts and Wrap Up

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    54 min
  • Ep. 21: How Training Builds Strong Cannabis Operations and Teams

    🎙 In this episode of "Under The Microscope with Jenny Podcast," host Jenny Germano is joined by Maureen McNamara, Founder & Chief Facilitator at Cannabis Trainers, to explore the pivotal role of training in the cannabis industry. The conversation dives into Maureen’s journey as a leader in compliance and training, and how she is shaping the future of cannabis operations. Jenny and Maureen cover essential topics, including the importance of training for compliance, safety, and building strong teams, as well as strategies for engaging adult learners and fostering a positive company culture. Listeners will gain actionable insights into operational best practices, compliance challenges, and the impact of ongoing education on business success. This episode is a must listen for cannabis operators, team leaders, and anyone looking to elevate their operations through effective training and compliance strategies.

     

    🌿 Our Host: Jenny Germano, Founder of ICS Consulting

    🌎 ICS Consulting: https://www.icsconsultingservice.com


    🌿 Our Guest: Maureen McNamara, Founder & Chief Facilitator at Cannabis Trainers
    🌎 Cannabis Trainers: https://cannabistrainers.com

     

    ⏰ Timecodes ⏰

    01:15 - Maureen’s Journey: From Hospitality to Cannabis Training

    02:30 - The Importance of Training in Cannabis
    04:15 - Compliance, Safety, and Public Trust
    07:00 - Real-World Training Stories
    09:20 - Training for Adult Learners
    11:00 - Making Compliance Training Engaging
    14:00 - Common Training Mistakes & Assumptions
    22:00 - When Training Saves the Day
    31:00 - Training Across States & Regulations
    34:00 - Building a Training Foundation for New Businesses
    39:00 - Debunking Myths About Compliance Training
    41:00 - Final Thoughts & Wrap Up

     

    Legal Disclaimer: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

    1 hr

About Under the Microscope with Jenny

From the publisher's feed

I am your host, Jenny Germano - the founder of ICS Consulting. With over 17 years of hands-on experience in the regulated cannabis Industry, I spent 6 years operating vertically integrated licensed facilities in Colorado and the last 11 years consulting nationally across the U.S.