The Future of Dispensaries On W420

Listen to “S3.E03. Immunity Defense. Cananbis Law. Finding Your Doctor. Future of Dispensaries.” on Spreaker.

COMING UP – THIS SATURDAY FEBRUARY 13, 2021
SEASON 3 • EPISODE 3

Senate Outlook on Changing Cannabis Law

Morgan Fox works with the National Cannabis Industry Association as the Director of Communication. Our conversation today is about expressed intentions by members of the Senate to bring major changes to cannabis law. This might be a de-scheduling bill of some sort to remove federal prohibition against cannabis. We can expect to see hearings in the Senate in this term. While hearings on this may come faster than some expected, legislation will take quite some time to pass. Leading this effort are House Democrats who passed the MORE Act and it is supported by many advocates in Congress. Hear the latest progress and forecasts of where we are going.

Finding Your Doctor

Dr. Jordan Tishler is a Harvard educated practitioner with a lot of experience with using cannabis as an alternative therapy to treat certain ailments. The conversation addresses pain management and how cannabis can be used. Further, how do we as patients, who want to take control of our care, find a doctor who has the compassion to help us find whatever treatment is necessary? What strain of cannabis might a doctor choose when they need to treat somebody for pain? Dr. Tishler gives us answers from the point of view of an experienced practitioner. We come away with valuable information that some of us may need to know at one time
or another.

The Future of Dispensaries

Michael J. Regan & Colin Ferrian join us from MJResearchCo which conducts investment analysis and valuation of the cannabis industry. Prior to the pandemic, the model used for building a dispensary was the Apple store. Depending on the size of sophistication of these dispensaries, one could spend anywhere from one half million to a million dollars on construction. However, in the pandemic, cannabis was determined to be an essential product in some areas, so buying methods and delivery systems of cannabis suddenly changed. Home delivery quickly became a huge business in California and Colorado. Other states may follow. They may also develop online purchasing and drone delivery. What does this mean for the brick and mortar store and conventional dispensaries?

The Next Big Shift in Cannabis Law & Business

Dr. Molly McCann, Ed.D. is Director of Industry Analytics, New Frontier Data which is a recognized authority in cannabis market research and analysis. Hear some forecasts that were made on what movement we may see this year on changing federal law for cannabis. Will the focus be on moving cannabis from a Schedule 1 substance to Schedule 2, or could Congress move toward complete de-criminalization? Projections are that we will have federally legal cannabis at some time. When this happens, a lot of large companies outside of the cannabis base are going to rush in. So, we are likely to see rapid acceleration in the already expanding cannabis industry; the only question that remains is – when.