Kyle Neathery, CEO of Samson Extracts, shares his insights on large-scale hemp extraction and waste management. Kyle and host Richard Zwicky explore the unique challenges and opportunities of processing vast quantities of hemp biomass – up to 250,000 pounds per month – using innovative extraction methods drawn from the oil and gas industry.

This insightful interview delves into the intricacies of Samson Extracts' operations, including their focus on ethanol extraction, overcoming bottlenecks in the production process, and the strategic implementation of automation. Kyle discusses the importance of employee engagement, optimizing workflows, and adapting lean manufacturing principles to the hemp industry. He also shares his experiences in identifying and addressing production challenges, such as winterization and managing significant amounts of waste byproduct.

Discover how Samson Extracts is maximizing efficiency, minimizing environmental impact, and exploring new avenues for utilizing hemp waste in the creation of fertilizers and other valuable products. Tune in to learn how this innovative company is scaling its operations while maintaining a commitment to quality and sustainability in the evolving hemp extraction landscape.

This engaging discussion with Richard Zwicky and Steven Murphy, CEO of Prohibition Partners, explores the dynamic world of the global cannabis industry, offering valuable insights into current trends, regulatory challenges, and emerging opportunities.

Steven and Richard analyze the current state of the cannabis industry, with a focus on Germany and North America. They discuss the influx of new players, the importance of patient acquisition, and the potential for industry consolidation. They also examine the progress of cannabis clubs and pilot programs in Germany, emphasizing the need for effective regulation and control in this evolving market. The conversation explores the potential for cannabis legalization in 2025, particularly in California, and the implications of interstate commerce. Steven provides insights from the upcoming Prohibition Partners global cannabis report, highlighting the European model as a potential gold standard for standardization and global trade. They also discuss the potential impact of the UN's rewording of drug schedules and the growth of cannabis markets in Brazil, Australia, and Poland.

Steven and Richard delve into the current state of the cannabis industry, focusing on cultivation and supply chain opportunities. They discuss the potential for Latin American and Asian countries to lead in quality production, the challenges of Canadian protectionism, and the importance of innovation and cost reduction. They also highlight the availability of distressed assets and the potential for global growth in the industry. The discussion highlights upcoming cannabis events in June, including European Cannabis Week, Cannabis Europa in London, and the Business of Cannabis Berlin event. Both Richard and Steven emphasize the importance of these events in facilitating industry connections and driving business development.

This insightful conversation provides a comprehensive overview of the global cannabis landscape, offering valuable perspectives on its future trajectory.

Shauntel Ludwig, CEO of Synergy Innovation, discussed the growth and challenges in the cannabis accessory market. DaVinci and ICE, her brands, focus on premium vaporizers and silicone products, respectively.

She highlighted significant market growth in Europe, particularly Germany, and South America, with a 30-40% drop in the US market due to high THC concentrations.

Ludwig emphasized the importance of systems and compliance, particularly with the PACT Act affecting vapor product reporting. She advised companies to prepare thoroughly for M&A, ensuring brand integrity and smart investment. Ludwig also noted potential growth in Australia's medical market.

Richard Zwicky engages in a comprehensive discussion with Guillermo Rodriguez, a Virtual CFO (VCFO) at Summit CPA Group, an affiliate of Anders CPAs + Advisors, about the multifaceted challenges faced by the cannabis industry.

They delve into financial hurdles such as cash flow management, access to capital, and navigating tax complexities. They also explore the intricacies of market dynamics, emphasizing the importance of product mix, pricing strategies, and retailer education.

Guillermo underscores the need for robust financial forecasting and planning, along with proactive sales accountability, as critical components for success. The conversation highlights the ongoing challenges of operating within a rapidly evolving regulatory and economic environment, underlining the importance of adaptability and financial prudence for cannabis businesses.

Tyler Beuerlein, Chief Strategic Business Development Officer at Safe Harbor, embarks on an exhilarating expedition on the Green Peak.

Tyler delves into his distinguished career as a Chief Business Development Officer at Hyper, where he facilitated a phenomenal half a billion in transactions and helped open an astounding 1,000 cannabis bank accounts.

Tyler's transformative journey to Safe Harbor is unveiled, highlighting his pivotal role as a liaison for the cannabis industry in dire need of banking services.

Richard Zwicky talks to Smoke Wallin, Managing Director and Partner, STS Capital Partners about the evolution of the cannabis industry and Smoke's journey from the beverage alcohol industry to cannabis. Smoke shared his insights on the challenges the cannabis industry is facing due to its recent legalization and the continuing illegality in some areas. He noted the importance of being a good operator, understanding the unique regulatory landscape, and being resourceful in generating cash. They also discussed the potential for consolidation in the industry, with Smoke identifying many promising but underfunded companies that could be ripe for acquisition. Richard emphasized the importance of focusing on necessities and letting go of distractions, drawing on Smoke's own experiences with illness and business.

Smoke shared his experiences with overcoming personal challenges to find inner happiness, emphasizing that true happiness comes from within. Richard agreed, adding that one in four people in North America has experienced abuse as a child, which can be a barrier to happiness. Both stressed the importance of addressing these challenges to achieve long-term happiness. They also briefly discussed their work schedules before returning to discuss Schedule 3 in the last purchase.

Richard and Smoke discussed the common desire to prove oneself and overcome challenges, which can be tied to mental health struggles. Smoke explained that many people experience trauma early in life that manifests later, causing them to seek external validation through achievement. However, true happiness comes from within, not from possessions or accomplishments. They emphasized accepting one's past without defining oneself by it.

Richard and Smoke discussed the challenges and setbacks that occur in life, emphasizing that being present does not always imply responsibility or control. They agreed on the importance of taking agency and viewing challenges as opportunities for learning and growth. Smoke suggested that our perception of the world influences our reality, and we can change our thoughts to create a desired future. Richard agreed, insisting that we are what we think, and our thoughts shape our tomorrow.

Richard and Smoke discussed the readiness of entrepreneurs to incorporate mindfulness practices into their lives. Richard noted that many entrepreneurs he has worked with become more receptive to mindfulness after experiencing success or failure in their ventures. Smoke agreed, sharing their own experience and suggesting that it's never too late to start a mindfulness practice. They both emphasized the benefits of making mindfulness a daily habit, even from a young age. The discussion also touched on the value of coaching and support in facilitating personal growth.

Richard and Smoke discussed the potential impacts of rescheduling to Schedule 3 and the changing dynamics in the industry due to pharmaceutical requirements and the EPA's involvement. Smoke expressed optimism about the imminent legalization, a shift from previous predictions, and highlighted the significance of this change for the economy. They also touched on the initial investment in Canopy and the losses incurred, suggesting that the change in schedule could positively impact such investments.

Jordan Tritt ,CEO and co-founder of The Panther Group, joins Richard Zwicky to discuss investment strategies, regulatory changes in the cannabis industry, successful entrepreneurship markers, and relationship challenges.

Jordan emphasizes transparency and preparation for shifts, while Richard Zwicky shares insights on strategic business structures.

Ctrust, led by Dotan Y Melech, offers a specialized cannabis credit score similar to FICO, essential for capital access in the industry. We delve into the significance of this scoring system, Dotan's asset management background, and insights on federal legalization's potential effects on business dynamics.

Richard Zwicky highlighted the system's importance amid funding challenges and discussed compliance issues with EPA standards., plus they investigate legal aspects and implications of different schedules under EPA regulations.