S2.E13. Cannabis Electronic Banking. Vertical Integration. Cannabis Recession? COVID-19 Depression.

Listen to “S2.E13. Cannabis Electronic Banking. Vertical Integration. Cannabis Recession? COVID-19 Depression.” on Spreaker.

Cannabis Electronic Banking

Mike Dorrance, CEO and Managing Partner of Evolution Risk, LLC, joins us for a special conversation.   A cannabis electronic checking account has just become available nationally.  Evolution Risk has been doing this for more than a year and they collected more than a billion dollars in deposits.  When all others failed, they successfully went through the process of authorization, credibility and approval to bring this long sought banking function to light.  Mr. Dorrance tells us what this means for businesses who face the perils and limitations of running an all-cash enterprise.
EvolutionRiskMGA.com

Vertical Integration

Scott Goldie is the CEO and Co-Founder of Goldenseed, which is a grower of cannabis products.  He tells us how this greenhouse endeavor began and overcame the hurdles.  Goldenseed is a vertically integrated company for cannabis and hemp that produces a variety of products.  This means that they cultivate and grow the products they sell.  Many locales require vertical integration and California allows the counties to set regulations.  Consequently, growers must be acquainted with both state and local requirements.  Although cannabis products may not cross state lines, seed may be transported.  Learn the ins and outs of the business.  Hear also of a unique investment opportunity that Goldenseed is offering to the public.
GSeed.com

Cannabis Recession?

Chris Walsh is the President and CEO of Marijuana Business Daily and he was the first journalist in the United States to focus exclusively on covering cannabis business.  Mr. Walsh shares his perspective on how the industry is weathering the recent downturn in the cannabis industry the sudden in dip in the market that came with the Corona virus.  Product delivery is now in greater demand as traditional pickups at dispensaries are in decline.  Conversely, the prospects for long term growth in the industry appear to be very strong.
MJBizDaily.com

COVID-19 Depression

Dr. Jordan Tishler address potential depression that can result en masse and the CoOVID-19 pandemic changes lifestyles.   The public is encouraged to remain sequestered in social isolation which limits activities and even seeing loved ones and family.  This is compounded by ominous threats and the fear of the unknown.  How might this depression manifest, how widespread will it become and how long may last remains to be seen.  Will people turn to cannabis and CBD to lower anxiety and alleviate their depression?
Cannabis-Specialists.org