High Rise: Cannabis MSOs, Products & Market Analysis

In this episode of The High Rise, we delve into the latest news in the cannabis industry regarding a trademark infringement case. Tune in as we discuss the case involving the popular marijuana strain Zkittlez, which recently faced legal pressure from confectioner Wrigley, the owner of the Skittles trademark. Don't miss this episode that sheds light on the evolving landscape of intellectual property in the cannabis space.

https://mjbizdaily.com/wrigley-wins-lawsuit-to-keep-skittles-name-off-marijuana-products

https://www.cbsnews.com/news/weed-edibles-kid-friendly-packaging-doritos/#:~:text=Feds%20crack%20down%20on%20companies%20marketing%20weed%20edibles%20in%20kid%2Dfriendly%20packaging,-By%20Megan%20Cerullo&text=Edible%20cannabis%20products%20sold%20in,Federal%20Trade%20Commission%20said%20Wednesday.

https://www.leafly.com/strains/runtz

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Join Cy and Emily as they uncover some of the buzz around Maryland's initial weekend of legal cannabis sales. Plus, get a nice little breakdown on 4th of July sales trends across the U.S. cannabis industry, delving into the evolving dynamics of cannabis consumption that occurs during this festive summertime holiday.

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In this episode of The High Rise, Cy and Emily are joined by special guest Mitch Trellis, co-founder of Remedy, a leading retail chain in Maryland. Join them as they dive into an exciting discussion about Maryland's highly anticipated launch into adult-use recreational cannabis. Mitch provides valuable insights into the state's regulatory framework, market dynamics, and the potential impact of this milestone on the industry. Get an exclusive behind-the-scenes look at the preparations, challenges, and opportunities that come with Maryland's transition. 

https://www.linkedin.com/in/mitchelltrellis/

https://remedymaryland.com

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In this episode of The High Rise, Cy and Emily delve into the latest cannabis news and industry updates. They start by discussing the significant development that the U.S. Department of Health and Human Services (HHS) is conducting an administrative review of cannabis scheduling, with plans to present President Joe Biden with a federal cannabis scheduling decision later this year, as revealed by HHS Secretary Xavier Becerra. Join our hosts as they analyze the potential implications of this review and its impact on the cannabis landscape.

Additionally, Cy and Emily address the recent news of the closure of HERBL, a prominent California cannabis distributor. They examine the reasons behind HERBL's shutdown and use it as a starting point to explore the broader concept of industry shakeouts. Our hosts shed light on how businesses in any industry, including cannabis, undergo natural cycles of restructuring and consolidation. Stick around to end of this episode as they discuss the lessons and implications of industry shakeouts for the cannabis sector.

https://hbr.org/1997/03/strategies-for-surviving-a-shakeout

https://www.benzinga.com/markets/cannabis/23/06/32884597/federal-cannabis-scheduling-decision-expected-this-year-says-bidens-health-secretary

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In this episode of The High Rise, Cy and Emily explore the exciting developments surrounding Alabama's upcoming medical marijuana program. Join them as they discuss the state's journey, from the signing of the program into law in 2021 to the preparations for the launch expected this year. Delve into the details of Alabama's medical marijuana program, including the licensing process, product categories (gelatinous cubes any body?) its potential impacts, and the overall cannabis landscape in the state.

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In this exciting episode of The High Rise, Cy and Emily bring their insights straight from New York City as they delve into the rapidly evolving cannabis market in the state. Joining them is special guest Jeffrey Schultz, an attorney and investor with extensive knowledge of the industry. Together, they explore and analyze the unfolding landscape of the New York cannabis market. From regulatory updates to investment opportunities, they provide a deep dive into how the market is taking shape and what it means for entrepreneurs, investors, and consumers. Don't miss this enlightening conversation that uncovers the dynamics and potential of the New York cannabis industry, exclusively on The High Rise.

https://www.linkedin.com/in/jeffreyschultz/

https://mjbizdaily.com/cannabis-msos-set-to-enter-new-york-adult-use-market/

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In this week's episode of The High Rise, Cy and Emily dive into the latest update on the SAFE Banking Act. Join them as they discuss the recent developments and insights gained from Emily's investigating the hearings in Washington D.C. Get an inside look at the progress and potential impact of the SAFE Banking Act on the cannabis industry.

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In this special rerun episode, we're revisiting our conversation with US Representative Nancy Mace from South Carolina. Pulled from the archives, we sit down with Representative Mace to discuss The States Reform Act, a bill she introduced that seeks to remove cannabis as a Schedule I drug. We also dive into her personal journey in the cannabis industry and the potential positive impacts that cannabis legalization could bring to Americans in the future. Don't miss this insightful and timely discussion, exclusively on The High Rise.

https://www.youtube.com/watch?v=vRKeDSsxqig&t=120s

https://twitter.com/donmurphy12a/status/1649101872710533140

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This week on The High Rise, we're discussing recent bank failures and closures and their potential impact on the SAFE Banking Act. As more states legalize cannabis, the need for secure banking solutions for cannabis businesses becomes increasingly pressing. Join Cy and Em for a timely discussion on the latest developments in cannabis banking and the potential impacts on the SAFE Banking Act.

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In this week's episode of The High Rise, we're covering 4/20, the unofficial holiday celebrated by cannabis enthusiasts worldwide. Join us as we examine the cultural phenomenon of 4/20 and its impact on the cannabis industry, including exclusive insights into sales numbers from Headset's Insights platform. Don't miss out on this highly informative and fun post 4/20 breakdown.

https://www.headset.io/posts/a-look-at-last-years-4-20

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In this week's episode of The High Rise, we're thrilled to welcome back Andrew Carter, Director and Consumer Analyst at Stifel. Andrew joins us to delve into the latest notable moves being made by Canadian cannabis LPs (Licensed Producers) and to provide his expert analysis on these developments. Tune in for an insightful and engaging discussion on the current state and future of the Canadian cannabis market, exclusively on The High Rise.

https://www.greenmarketreport.com/canopy-growth-reaches-deal-on-c100-of-debt/

https://www.bloomberg.com/news/articles/2023-04-17/toronto-exchange-fights-to-keep-stock-listings-in-canada-over-us?sref=jT1g8YPW&leadSource=uverify%20wall

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In this week's episode of The High Rise, we're excited to welcome back Matt McGinley, a Managing Director at Needham & Company and a regular guest host on the show. With his wealth of cannabis industry analysis and financial knowledge, Matt joins Cy and Emily to dive into the latest earnings news from major industry MSOs, as well as insights into the current state and future of the cannabis market. With so much to unpack, you may want to listen twice to catch all the valuable info shared on this episode.

https://www.linkedin.com/in/matt-mcginley-4827516/

https://www.needhamco.com/team_members/matt-mcginley/

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So the market for T-shirts, hats, paintings and even motivational speeches is going to get a lot smaller in Washington D.C. and for good reason! They are finally building out their ‘adult-use’ market. For a city known for its dysfunction, the news this week on the new law around DC shows some meaningful progress.

 https://www.marijuanamoment.net/d-c-medical-marijuana-expansion-bill-eliminating-licensing-caps-becomes-law-following-congressional-review/

https://gentlemantoker.com/how-do-i-get-weed-in-dc#layout-xMmjzufsEgyeUlzz

https://www.businessinsider.com/district-derp-marijuana-washington-dc-dog-paintings-2020-5

https://www.axios.com/local/washington-dc/2022/08/16/dc-crack-down-marijuana-gifting-shops

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It seems like with each new legal adult use recreational market that opens up, there’s usually some kind of litigation involved—and the state of New York is no exception. On this episode of the High Rise, Cy and Emily shed some light on some of the drama happening in NY and why several major cannabis companies have had it with the way policy makers are trying to run things.

https://cannabis.ny.gov/dispensary-location-verification

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Happy Pi Day! Speaking of numbers, banking in the cannabis industry is still a total mess. In light of the recent collapse of Silicone Valley Bank, Cy and Emily felt compelled to talk about the ever persistent banking issues that plague the industry, as well as the historic (now 10 years old) Cole Memo. 

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If any category has the ability to differentiate and innovate itself more than most others, its Vapor Pens. Give this episode a full stream to hear Cy and Emily’s data backed analysis on this highly adaptive product category.

https://www.headset.io/industry-reports/a-look-at-cannabis-vapor-pen-sales-trends#form

https://www.bloomberg.com/news/newsletters/2023-02-27/vape-ip-center-of-attention-as-blinc-faces-off-against-chinese-competitor

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This week on the High Rise, Cy and Emily dive into the topic of pricing trends around the industry at large. MJBizDaily recently published an article that scratches the surface on cannabis sales in California falling in 2022. Our hosts decided it would be a good idea to drill into this story much further and look at the pricing data in each market to find out why dollar sales are falling amid these inflationary times the world is going through right now.

https://mjbizdaily.com/californias-annual-cannabis-sales-fell-in-2022-for-the-first-time-since-adult-use-launch/

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Twitter has just announced that they will now open up advertising on its platform to cannabis companies. This is huge news for an industry that's been previously prohibited to advertise on mainstream social media channels. Cy and Emily get into all the interesting details and data points around this positive news, as well as kindly critique a Marvel movie or two along the way.

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Welcome back to the High Rise! We’ve got another great episode for you as Cy and Emily welcome a very special guest, Kyla Sirni CEO and co-founder of Dispense. 

Dispense is an e-commerce software that empowers cannabis dispensaries to list and sell products on their own website, giving owners the ability to utilize their online menus to increase SEO, drive sales, all while creating and owning their own customer database.

Prepare you ears for some fascinating cannabis tech talk, where Cy, Emily, and guest Kyla share their stories and passions for wanting to help business owners succeed in this exciting and ever evolving industry. 

https://www.dispenseapp.com/about

https://www.linkedin.com/in/kylamoore/

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Missouri wasted absolutely no time in setting up its legal cannabis program — the state even opened its doors ahead of schedule! Cy and Emily marvel at this refreshing example of how a new adult use market can legislatively get out of its own way and get things done — unlike many other states that shall not be named here.  

https://www.ksdk.com/article/news/local/thc-infused-red-hot-riplet-brownies-st-louis-missouri/63-f512c8e2-db4c-4508-ab66-83c067f5dbbd

https://www.chicagotribune.com/marijuana/illinois/ct-illinois-marijuana-okay-dispensary-20230202-5v2m5kf6rjgdtf4ug56cymslii-story.html

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