Kaya Cast

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The Kaya Cast podcast is a weekly show where we interview thought leaders in the cannabis industry about their experience and expertise of working with cannabis. The aim of the show is to help cannabis retailers do what they love and share their stories.

Kaya Push


    • Apr 29, 2025 LATEST EPISODE
    • weekly NEW EPISODES
    • 26m AVG DURATION
    • 141 EPISODES


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    Latest episodes from Kaya Cast

    The ABCs of Compliance They Don't Teach You

    Play Episode Listen Later Apr 29, 2025 42:50


    In this game-changing episode of the Kaya Cast Podcast, we sit down with Theresa Dobrash from Seligson Law, a firm that specializes in guiding cannabis dispensaries through the legal labyrinth of the cannabis industry. Theresa, an expert in cannabis compliance, shares a wealth of knowledge that is essential for any dispensary owner aiming to navigate the complexities of regulations without stumbling. Dive into the ABCs of compliance as Theresa explains how to structure a robust compliance playbook that keeps your operation running smoothly and legally. Find out why it's crucial to appoint an accountability agent within your setup, understand the boundaries of compliance, and ensure your chain of custody is foolproof to avoid legal pitfalls.We'll also delve deep into practical strategies for handling surprise inspections and enforcement, designing efficient floor plans compliant with regulations, and setting up internal audits to keep your dispensary in check at all times. Theresa does not stop there; she reveals her insights on setting up SOPs that are comprehensive yet flexible enough to allow operational fluidity and growth.This episode is loaded with actionable strategies to fortify your dispensary's compliance structure, avoid common pitfalls, and set you on a path to success in the cannabis industry. Whether you're setting up shop or looking to refine your existing operations, this discussion with Theresa Dobrash is your roadmap to compliance confidence. Tune in to ensure you're not just surviving but thriving by staying compliant, efficient, and prepared for anything the regulatory landscape throws your way!Don't miss this comprehensive guide to navigating cannabis compliance with expert Theresa Dobrash – equip your dispensary for success today! Find out more about Seligson Law at:https://www.linkedin.com/in/theresa-dobrash/https://seligsonlaw.com/professionals/theresa-dobrash/ theresa@seligsonlaw.comHighlights:00:00 Introduction to Enforcement in Cannabis Compliance00:32 Welcome to the Kaya Cast00:57 The ABCs of Compliance01:18 Designating a Compliance Officer03:45 Setting Up a Compliance Program05:13 Preparing for Opening Day06:33 Common Compliance Challenges11:44 Creating Effective SOPs18:03 Adapting SOPs for Growth20:31 The Role of Compliance Officers21:59 Boundaries in Compliance22:59 Understanding Compliance and Chain of Custody23:54 Inventory Management in Dispensaries25:08 The Importance of Documentation28:14 Preparing for Inspections and Audits32:37 Floor Plan and Operational Changes37:51 Effective Inventory Counting Strategies41:18 Balancing Compliance and Practicality41:52 Conclusion and Contact Information#kayacast #cannabis

    Transforming Data to Dollars with Cova

    Play Episode Listen Later Apr 22, 2025 28:00


    Welcome to another enlightening episode of Kaya Cast Podcast, where we delve into the ins and outs of managing a successful cannabis dispensary. Join us as we sit down with Chris Reid, an expert from Cova, who shares his extensive knowledge on setting up and scaling profitable cannabis retail businesses.In this episode, Chris challenges common assumptions about inventory and customer preferences, emphasizing the importance of data-driven decisions. Discover why the key to success isn't just about stocking what excites you, but catering to the actual buying trends of your demographic. Chris provides insights into where to find this crucial data, including services and resources that can help predict what your customers want to buy.Further, we dive into inventory strategies for new stores, particularly in emerging markets. Chris suggests a dual approach - stocking widely initially, then refining based on consumer feedback and sales data. He also highlights the pitfalls of discontinuing products too hastily and the significant role sales associates play in moving inventory.A major focus of our discussion is on the symbiotic relationship between retailers and brands, and how retailers can leverage this for better sales. Chris explains how involving brands in educating retail staff can lead to more passionate and effective sales, potentially transforming your bottom line.Additionally, Chris touches on the operational aspects, like selecting a business model that aligns with your market, and the technological advancements from Cova aimed at enhancing retail efficiency and customer experience. He provides practical advice on maintaining a focused and motivated staff, the importance of hands-on management, and why every owner should be intimately knowledgeable about every aspect of their business.Don't miss this episode full of actionable insights that could redefine the way you manage your cannabis retail operation. Whether you're setting up shop or looking to refine your existing business, Chris's advice will guide you toward profitability and success.Tune in to this episode of Kaya Cast Podcast on Spotify, Apple Podcasts, or directly on our website, and learn how to turn your cannabis retail vision into a thriving reality. Click on subscribe to ensure you never miss an episode!Visit our website for more details and follow us for updates and exclusive behind-the-scenes content. Join the conversation by sharing your thoughts and questions on our social platforms. Let's grow together in the ever-evolving world of cannabis retail!Highlights:00:00 Introduction: Setting Up a Profitable Cannabis Retail00:05 Understanding Consumer Preferences01:22 Data-Driven Inventory Strategies02:16 Sourcing and Inventory Management05:01 Collaborating with Brands10:11 Effective Staff Training and Customer Engagement19:29 Leveraging Technology for Retail Success24:45 Conclusion and Final Thoughts Find out more about Cova at:https://www.covasoftware.com/https://www.linkedin.com/company/covasoftware/https://www.instagram.com/covapos/ chrisr@covasoftware.comhttps://www.linkedin.com/in/chris-jm-reid/#kayacast #cannabis

    Ready to Bloom: Overcoming Growth Barriers in Cannabis

    Play Episode Listen Later Apr 15, 2025 35:45


    Welcome back to Kaya Cast, where we dive deep into the strategies and challenges of growing a cannabis business. This week, we're thrilled to bring you an insightful discussion with Dennis O'Malley, CEO Co-pilot and strategic advisor at Echtrai. Dennis, alongside his partner Hannah O'Brien, specializes in turning around and scaling up companies, bringing invaluable foresight and experience to leaders navigating both thriving and turbulent waters.In this episode, Dennis shares his wisdom on various pivotal topics:- The Art of the Turnaround and Scale Up: Learn how Echtrai approaches businesses at crossroads, optimizing operations for both companies in distress and those ready to scale.- Strategic Insights for Cannabis Ventures: With cannabis still being a relatively new and evolving industry, Dennis discusses the unique challenges and opportunities facing businesses today.- Growth Barriers: What prevents a successful $10 million company from reaching the next levels of growth? Dennis breaks it down while also exploring how different definitions of success impact strategic decisions.- Lessons from the Front Lines: Hear about the "fog of war" experiences from his previous roles outside cannabis, and how those lessons apply to the fast-paced cannabis market.- Navigating Investor Expectations: From aligning with investor visions to managing board and CEO dynamics, gain an understanding of the top influences on decision-making in cannabis ventures.Whether you're a first-time CEO or an investor curious about what it truly takes to scale a cannabis business, this episode is packed with real-world insights, strategy tips, and a candid look at the highs and lows of business growth.Join us as Dennis also provides actionable advice for entrepreneurs looking to refine their strategic direction and adapt to the ever-changing marketplace conditions unique to the cannabis industry.Find out more about Dennis and Echtrai:https://www.linkedin.com/company/echtrai/https://www.linkedin.com/in/domalley/Tune in to gain a competitive edge and understand the nuanced dynamics of scaling a thriving cannabis operation in today's market! Highlights:00:00 Introduction to Business Turnaround00:55 Path to Becoming a Strategic Advisor01:33 Challenges in the Cannabis Industry02:07 Scaling and Marketing Strategies06:44 Importance of Strategic Alignment12:42 Effective OKR Implementation22:52 Common Mistakes in Scaling29:51 Turnaround Strategies and Investor Expectations35:22 Conclusion and Final Thoughts Find out more about Echtrai at:https://www.linkedin.com/in/domalley/https://www.linkedin.com/company/echtrai/#KayaCast #CannabisBusiness

    SKUs Me, Are You Managing Your Cannabis Inventory Right?

    Play Episode Listen Later Apr 8, 2025 38:49


    In this insightful episode of the Kaya Cast Podcast, we welcome Michael Ziegler, an esteemed CPA, President of Cannabiz Advisor and owner-operator of the highly successful Indigo Dispensary in New Jersey.   As both an accountant and a dispensary owner, Michael brings a unique and invaluable perspective to navigating the financial and operational challenges within the cannabis industry. Tune in as Michael shares his journey from opening his dispensary to optimizing its day-to-day operations. He dives deep into essential strategies for budgeting, particularly during the crucial build-up phase and the initial months post-launch. Learn why meticulous planning and conservative inventory management can make or break your cannabis business. Michael discusses the dangers of overstaffing and overordering, offering practical tips to enhance operational efficiency without compromising customer satisfaction. Michael also touches on the importance of understanding sales forecasting, especially when historical data is lacking, and how to adjust your strategies based on real-time business dynamics. He reveals how building a loyal team and fostering a customer-oriented culture contributed to his dispensary being named one of the best dispensaries to work by Cannabis Business Times. Whether you're a new entrepreneur in the cannabis market or looking to refine the operations of an existing dispensary, this episode is packed with actionable insights. From managing cash flow and inventory to enhancing customer loyalty and staff engagement, learn from Michael's experience and expertise to steer your business towards success. Don't miss this episode full of hands-on advice and industry wisdom that could help you streamline your operations, optimize staffing, and create an unrivaled customer experience in the competitive cannabis marketplace. Michael doesn't just talk the talk—he's lived it. As the President of Cannabiz Advisor, a cannabis-focused accounting and advisory firm, Michael leads a team that supports cannabis entrepreneurs across the U.S. with compliance, financial management, CFO services, and tax planning. Whether you're in your startup phase or scaling for multi-state growth, Michael's advice is grounded in real-world results. 

    Cannabis and AI: A Perfect Blend?

    Play Episode Listen Later Apr 1, 2025 35:12


    In this transformative episode of the Kaya Cast Podcast, host Tommy welcomes Bryan Fields, a standout voice from Eighth Revolution and host of the Dime podcast. Bryan brings a deep well of expertise in cannabis industry trends and the groundbreaking role of technology in shaping the future of cannabis businesses. From the strategic implementation of AI to understanding efficiency beyond buzzwords, Bryan sheds light on how modern tech solutions like AI agents and digital tools are steering the cannabis industry towards a more efficient, compliant, and customer-centric future. Whether you're a seasoned operator in the space or a business owner navigating the complexities of the cannabis market, this episode offers a treasure trove of insights on leveraging technology to streamline operations, improve customer experience, and maintain compliance without sacrificing innovation. Bryan also dives deep into the implications of technological advancements, sharing personal experiences and predictions that could redefine the operational strategies of cannabis businesses in 2025 and beyond.Join us as we explore the fascinating interplay between technology and cannabis with one of the industry's leading thinkers. Tune in to gain a competitive edge in a rapidly evolving market and discover how staying abreast of technological advancements can elevate your business. Whether it's improving internal processes or enhancing customer interactions, learn why starting small and thinking big could be the key to your enterprise's success. Find out more about Eighth Revolution at:www.8threv.comhttps://www.eighthrevolution.com/the-dime/https://www.linkedin.com/in/bryanfields24/Highlights00:00 Introduction to the Cannabis Industry00:36 Future Trends in Cannabis Technology01:10 Efficiency and Digital Agents03:26 AI in Customer Service05:43 Challenges and Learning in AI Deployment08:20 AI's Impact on the Workforce11:31 AI in Compliance and Packaging14:38 Innovations in Cannabis Extraction17:55 Understanding COA and THC Levels19:07 Applying Oil and Gas Principles to Cannabis19:29 Parallels Between Restaurant and Cannabis Industries19:50 The Importance of Leadership and Mindset21:31 Challenges in Employee Turnover and Domain Knowledge24:39 Adoption of Technology in the Cannabis Industry26:39 Real-Time THC Monitoring and Extraction Efficiency32:17 Future Plans and Wider Applications34:53 Conclusion and Final Thoughts#kayacast

    Common Insurance Mistakes Every Dispensary Should Avoid

    Play Episode Listen Later Mar 25, 2025 40:42


    In this essential episode of Kaya Cast, we delve deep into the often overlooked but vital world of insurance for cannabis dispensaries. Join us as we sit down with Michael Sampson from Symphony Risk, a seasoned expert in crafting tailored insurance solutions for the cannabis industry. Michael brings his extensive experience and insights on why it's critical to secure the right insurance policies from the get-go, rather than scrambling for coverage after trouble strikes.We cover a gamut of topics including the intricacies of property insurance, general liability, product liability, and the increasingly crucial area of cyber insurance. Michael provides invaluable advice on what policies every dispensary owner should consider and the common pitfalls in insurance contracts that could leave you exposed when you least expect it.Learn about the strategic importance of detailed policy review, the impact of insurance language on claims, and how best to prepare and respond if things go awry. Michael also sheds light on additional coverage types like directors and officers insurance, professional liability, and the unique aspects of coverage specific to the cannabis sector.Whether you're just starting in the cannabis business or looking to tighten up your existing operations, this episode is packed with expert advice to help you safeguard your dispensary and navigate the complex world of insurance with confidence.

    Shaping Cannabis Policy & Education: Real Talk with Sara Payan

    Play Episode Listen Later Mar 18, 2025 44:38


    In this riveting episode of Kaya Cast, we sit down with the distinguished Sara Payan, host of "Planted with Sara Payan." Dive deep into Sara's personal journey from facing cancer to becoming a trailblazer in the cannabis industry. Discover how cannabis served as a critical ally during her chemotherapy, prompting her shift from a patient to a passionate advocate and educator. Sara shares her transition from working in civil rights to influencing cannabis policy and education, shedding light on her role in shaping the San Francisco legalization task force and her current position as vice-chair of the California state advisory committee.We also explore her insights on the evolution of cannabis from a medicinal tool to a wellness lifestyle, discussing her engagements with healthcare institutions and her monumental efforts in pioneering educational curriculums. Beyond personal anecdotes, Sara and our host delve into complex topics like the impact of cannabis rescheduling and the future of consumption lounges, giving listeners a comprehensive view of the current state and bright prospects of the cannabis industry.Join us on Kaya Cast as we unpack these enlightening perspectives, providing invaluable lessons for dispensaries looking to deepen their understanding of the intricate relationship between cannabis advocacy, education, and business innovation. This episode is not just a narrative but a resource, equipping cannabis businesses with the knowledge to navigate and flourish in this dynamic industry. Find out more about Planted with Sara Payan at:https://plantedwithsara.com/https://sarapayan.com/https://www.instagram.com/saramitrapayan/Highlights:00:00 Introduction and Early Cannabis Experiences00:34 Cancer Diagnosis and Cannabis Treatment02:42 Transition to Cannabis Industry03:57 Developing Training Programs and Public Education05:19 Policy Involvement and Legalization Efforts05:55 Personal Cannabis Journey and Industry Insights09:45 Challenges in the Cannabis Market19:16 Future of Cannabis Policy and Consumption Lounges24:03 Reviving Community Spaces24:13 Challenges and Opportunities in Consumption Lounges24:54 Learning from Other States25:40 The Potential of Low THC Beverages27:17 The Importance of Education and Training28:35 Hemp and Cannabis: A Collaborative Future30:02 Retail Strategies for Success34:19 Engaging the Community Through Education39:19 Rapid Fire Questions with Sara43:49 Final Thoughts and Contact Information#kayacast

    Building a Legacy: Rama Mayo's Hall of Flowers

    Play Episode Listen Later Mar 11, 2025 46:36


    Today, we have a truly inspiring guest, Rama Mayo, the visionary founder of Hall of Flowers, one of the largest and most authentic trade shows in the cannabis industry. Rama shares his fascinating journey from running a punk rock record label to pioneering a non-corporate trade show that stays true to the roots of cannabis culture.

    Taking the High Road: Seibo's Transcendent Cannabis Journey

    Play Episode Listen Later Mar 4, 2025 41:53


    In this enlightening episode of the Kaya Cast Podcast, we are joined by Seibo Shen, the visionary behind Form Vape, who shares his remarkable journey from creating groundbreaking vaporizers to becoming a pivotal coach and mentor in the cannabis industry. Dive into Seibo's world as he recounts the early days of navigating through the tech industry, his evolution into the cannabis space, and the profound lessons learned from both soaring successes and challenging setbacks.Through engaging stories and heartfelt reflections, Seibo encapsulates the essence of sustainable success in the cannabis industry—not just in terms of revenue, but in alignment with personal values and health. He opens up about his transformative experiences during meditation, a sabbatical, and his ventures into coaching, capturing how these shaped his approach to both business and life.This episode delves deep into the philosophy of viewing entrepreneurship as an infinite game, where the journey itself enriches one's life infinitely, contrasted against merely playing to win finite goals. Seibo's insights encourage aspiring cannabis entrepreneurs to embrace their paths, learn from every high and low, and understand the deeper implications of their ambitions.Whether you're a seasoned cannabis business owner or a newcomer dreaming of making an impact, Seibo's stories and strategies will inspire you to rethink success, prioritize self-awareness, and cherish the ride in the ever-evolving cannabis landscape. Get ready to explore how aligning your personal growth with your business goals can transform challenges into stepping stones towards a fulfilling career and life. Find out more about Form Vape at:https://www.formvape.com/https://www.instagram.com/formvape/https://www.linkedin.com/company/form-vape-technologies/https://www.linkedin.com/in/seibo-shen/Highlights:00:00 Success and Failure in Business01:22 Welcome to Kaya Cast01:54 Journey into the Cannabis Industry04:11 From Law School to Tech06:07 Creating High-End Vaporizers07:49 The Importance of the Journey08:47 Aligning with Purpose12:20 Meditation and Coaching26:43 Infinite vs. Finite Games32:32 Embracing Challenges and Growth41:06 Final Thoughts and Farewell#kayacast

    The Politics of Cannabis: Robert Hoban on Power, Policy, and Progress

    Play Episode Listen Later Feb 25, 2025 33:03


    In this enlightening episode of the Kaya Cast Podcast, we sit down with cannabis industry pioneer, Robert Hoban, a seasoned legal expert and consultant known affectionately as the "CanSigliere." With a career stretching over nearly two decades, Bob has been at the forefront of cannabis policy and law, helping shape the framework that supports today's burgeoning market. He has transitioned from practicing law to advising international governments on cannabis policy and working as a fractional executive in global cannabis supply chains.During our conversation, Bob shares insights into the evolution of cannabis regulations, the complexities of the hemp and marijuana industries, and his current roles which include teaching at UNLV's new Cannabis Policy Institute. We also delve into the future of cannabis laws, particularly focusing on what to expect as we approach 2025 and beyond in regulatory changes across the United States and internationally. Bob discusses the challenges and opportunities faced by the industry, touching on state vs federal regulations, the impact of upcoming administrations on cannabis policy, and how different sectors such as pharmaceuticals, dispensaries, and hemp derivatives will be influenced by new laws. His unique perspectives on how we can navigate and influence future policies provide a compelling narrative not just for those directly involved in the cannabis industry but also for anyone interested in the intersection of entrepreneurship, law, and cannabis reform.Don't miss this comprehensive dialogue on the currents and undercurrents shaping the cannabis industry with one of its most influential voices.Find out more about Robert here:www.bobhoban.comhttps://www.linkedin.com/in/rhoban/https://www.gps.global/Highlights:00:00 Introduction and Greetings00:08 Bob's Background in Cannabis Law01:30 Cannabis Policy and Regulation03:32 Future of Cannabis Industry08:31 Hemp Derivatives and Federal Regulations17:39 Consumer Behavior and Market Trends19:13 Public Dialogue and Industry Unity21:02 Starting a Business in the Cannabis Industry21:27 Cannabinoid Producers Leading the Market22:08 Global Cannabis Supply Chain23:30 Morocco's Cannabis Industry24:57 Challenges and Opportunities in Morocco27:32 Hemp vs. Marijuana Industry Dynamics29:15 Adapting to Market Changes31:10 State-Level Cannabis Legislation33:27 Federal Cannabis Policy and Future Outlook36:32 Optimism for the Future40:45 Conclusion and Final Thoughts#kayacast

    Transform Your Cannabis Business: Pearls from Jamie Pearson

    Play Episode Listen Later Feb 18, 2025 39:26


    In this riveting episode of Kaya Cast, we dive deep into the world of cannabis business growth and scalability with the insightful Jamie Pearson, Founder of New Holland Group. Jamie brings a rich tapestry of experience from both her extensive consulting background and her personal entrepreneurial journey. From identifying common pitfalls that keep CEOs from advancing their businesses, to discussing the nuances of handling feedback and adapting with humility, Jamie delivers an unparalleled look into what truly drives a cannabis business forward.Understand the delicate balance between fostering healthy conflict and ensuring team alignment, as Jamie dissects how even well-meant resistance can derail a company's progress. She highlights the critical approach of being 'slow to hire, quick to fire,' and provides a peek into the strategic mindset that has aided her in assisting CEOs across the industry in refining their growth tactics and mastering scalability.Jamie doesn't shy away from challenging topics, tackling everything from the loneliness that top executives can face, to the tricky dynamics of choosing the right time and strategy for expansion. Whether it's discussing the importance of setting clear, strategic goals or exploring potential collaborations for growth, this episode is packed with actionable insights.If you're a cannabis business leader seeking to elevate your operation to the next level, tune in to learn from one of the best in the business. Discover how humility, strategic innovation, and a thorough understanding of industry challenges can pave the way for remarkable success in the cannabis market.Tune in now and gear up to transform the way you think about leadership and growth in the competitive cannabis industry. Don't forget to subscribe for more insightful discussions here at Kaya Cast, your go-to podcast for cannabis business mastery. Find out more about New Holland Group at:https://new-holland.group/https://www.linkedin.com/in/jamielpearsonnhg/#kayacast

    Rolling Reforms: Cannabis & The New Administration w/ Hirsh Jain

    Play Episode Listen Later Feb 11, 2025 42:43


    In this compelling episode of the Kaya Cast Podcast, we delve into the intricate world of cannabis legislation with Hirsh Jain, the founder of Ananda Strategy. Hirsh shares his insights into the evolving stance of the president's administration on cannabis and the potential impact of state-level legislative changes on federal policies, and in turn small businesses.Discover key insights into how Trump's softening views may align with broader changes in public perception and the pivotal role upcoming state ballots might play in reshaping the landscape. We also examine the positions of key political appointees and their likely influence on the cannabis industry's future. With an expert take on the dynamic interplay between state achievements and federal inertia, Hirsh provides a nuanced discussion on what businesses and advocates might expect in the coming years. Join us for a deep dive into the possible trajectories of the cannabis industry influenced by political climates, economic considerations, and public health perspectives.Listen now to stay ahead in understanding how political shifts could pave the way for significant reforms in cannabis legislation and what this means for the future of the industry. Find out more about Ananda Strategy at:https://x.com/anandastrategyhttps://www.anandastrategy.com/https://www.instagram.com/anandastrategy/Highlights:00:00 Trump's Evolving Stance on Cannabis01:01 Introduction to the Kaya Cast Podcast01:17 Federal and State Cannabis Legislation01:44 Trump's Influence on Cannabis Policy05:23 Key Figures in the New Administration07:22 The Rescheduling Debate and DEA's Role18:20 State-Level Cannabis Progress32:08 Challenges in Congress for Cannabis Legislation35:21 The Future of Hemp-Derived Products40:01 Conclusion and Final Thoughts#kayacast #anandastrategy #kayacast #politics #usa

    Buy, Sell, BLAZE: The Challenges of Running a Dispensary with Shahbaaz Kara-Virani

    Play Episode Listen Later Feb 4, 2025 36:55


    In this enlightening episode of Kaya Cast, we sit down with Shahbaaz Kara-Virani, vice president of Growth at BLAZE, to delve into the transformative potential of the cannabis industry. As someone deeply embedded in the space, Shahbaaz shares his unique insights on why staying in the industry is not just a business decision, but a passion driven by the potential he sees in the future of cannabis.Listen as Shahbaaz discusses the intricacies of buying, selling, and breaking even as a small dispensary. More importantly, we dive into what the potential rescheduling of cannabis in the U.S. could mean for the industry globally. Could this be the monumental shift that takes the cannabis business to unprecedented heights?Join us as we explore these pivotal themes, understand the deep-seated motivations of cannabis industry leaders, and discuss what a future dominated by more conscious choices could look like. Whether you're a dispensary owner, industry professional, or just a cannabis enthusiast, this episode promises deep insights into the future strides and innovations shaping this ever-evolving industry.Tune in to discover how the landscape might transform in the next decade and what that means for your cannabis business. Find out more about BLAZE at:https://www.blaze.me/https://cannacquire.io/https://readpolarisperspective.com/Highlights:00:00 Introduction and Industry Overview00:33 Guest Introduction and Career Background00:55 Current Role and Technology Insights02:43 Common Mistakes and Best Practices05:42 Starting a Dispensary: Key Moves09:30 Financial Management and Budgeting10:52 Buying and Selling Cannabis Businesses20:05 Market Trends and Federal Legalization26:39 Final Thoughts and Contact Information#kayacast #blaze #cannabis

    Blueprint to Business in 90 Days with Hope Wiseman

    Play Episode Listen Later Jan 28, 2025 46:18


    Welcome to a compelling episode of Kaya Cast Podcast, where we dive deep into the journey of scaling a cannabis business with Hope from WISECO. Since launching Mary and Main in 2018, Hope has navigated the complex cannabis industry from securing licensing to operational execution, facing and overcoming unique challenges along the way.In this episode, we unpack Hope's transition from investment banking to cannabis, driven by both economic opportunities and social justice concerns. We discuss the sophisticated dynamics of the industry, the multi-layered battles of licensing and operational growth, and the insights gained from her entrepreneurial journey.Hope shares invaluable strategies on vendor relationships, inventory management, and the crucial importance of focusing on core business strengths amid tempting opportunities. We also delve into employee retention, emphasizing the creation of a supportive work environment and the strategic timing for expanding benefits.With the upcoming launch of Legal and License, Hope aims to demystify the cannabis licensing process and foster a supportive community for new entrepreneurs. Join us as she provides practical advice on everything from KPIs to customer engagement that can save new dispensary operators hundreds of thousands of dollars.Whether you're an established cannabis business owner or aspiring to enter the industry, this episode with Hope offers a treasure trove of wisdom and guidance to navigate the competitive landscape of cannabis. Don't miss this blend of personal experiences, professional strategies, and passion for the cannabis cause!Available on Spotify, Apple Podcasts, and wherever you love to listen. Tune in, and don't forget to subscribe for more insightful episodes from Kaya Cast!Find out more about WISECO & Mary and Main at:https://www.wiseco.ltd/https://maryandmain.com/Highlights:00:00 Introduction and Quick Questions00:39 Starting Mary and Main01:06 Entering the Cannabis Industry03:17 Challenges and Lessons Learned07:38 Consultants and Vetting Process15:31 Inventory Management Strategies22:11 Overcoming the Survival Stage23:01 Becoming the Face of the Company25:37 Key Performance Indicators (KPIs)34:55 Employee Retention Strategies41:37 Launching Legal and Licensed44:02 Personal Cannabis Preferences45:02 Final Thoughts and Farewell#kayacast

    2025: A High Year for Cannabis

    Play Episode Listen Later Jan 21, 2025 4:24


    Kick off the New Year with an invigorating episode of the Kaya Cast Podcast, as we sit down with our host Tommy Truong. Dive deep into Tommy's reflections on 2024's highs and lows, and discover what lies ahead for the cannabis industry in 2025.In this pivotal episode, Tommy shares the celebratory news of KayaPush being crowned the Best Software of the Year at the Emjays, underscoring the success and impact of our mission to democratize information within the cannabis sector. Hear about the foundational goals of KayaPush in simplifying people management and the exciting innovations poised to redefine industry standards this year.As someone who lives by the creed of learning from the collective wisdom of others, Tommy stresses the importance of bringing in expert voices to enrich our listeners' entrepreneurial journeys. Expect a rich discussion on upcoming projects, including a unique education series tailored for cannabis business enthusiasts. This episode is not just a reflection but a roadmap to future initiatives and continued growth. Whether you're a budding entrepreneur or a seasoned vet in the cannabis industry, join us to gain valuable insights and be inspired by the exciting developments at KayaPush.

    Stay tuned for Kaya Cast in 2025!

    Play Episode Listen Later Nov 26, 2024 1:55


    As the year draws to a close, join us for the final announcement episode of the year. In this episode, recorded as we gear up for MJBizCon – the cannabis industry's premier event, Tommy shares his reflections on a year that's been brimming with insights, growth, and community engagement. We discuss the transformative experiences from past guests who've shared invaluable tips for scaling and thriving in the cannabis business.As we rendezvous at booth 7012 at MJBizCon, Tommy gives us a sneak peek at what to expect from Kaya Cast in the upcoming season, focusing on the different stages of business growth—from startups to large-scale operations. Whether you're charting your first steps in the industry or planning massive expansion, this episode will get you thinking about where to channel your energy for maximum impact.The episode also touches on Tommy's personal anticipation for the holiday season and the strategic planning phase for the Kaya Cast. Amidst this busy time, there might even be surprise mini-episodes, keeping the spirits high and insightful as we transition into the new year.If you're heading to MJBizCon, make sure to connect with us in person; Tommy would love to meet you there!Listen to this reflective episode to wind down your year with motivation and kickstart the new year with strategic foresight. Remember to subscribe to Kaya Cast on your favorite podcast app to keep updated with the latest on helping your cannabis dispensary flourish.See you in January – till then, take care and have a wonderful holiday season! Find out more about Kaya Cast at:https://www.kayapush.com/podcast #KayaCastYearEndReflections #MJBizConFinalAnnouncement #CannabisIndustryInsights #CommunityEngagement #BusinessGrowthTips #ScalingandThriving #Booth7012 #KayaCastSneakPeek #StartupstoLargeScaleOperations #EnergyChanneling #HolidaySeasonAnticipation #StrategicPlanning #SurpriseMiniEpisodes #NewYearKickstart #MeetTommyAtMJBizCon #ReflectandMotivate #CannabisDispensarySuccess #SubscribeToKayaCast #HappyHolidays #SeeYouInJanuary

    What NY Cannabis Will Look Like in 2025

    Play Episode Listen Later Nov 12, 2024 38:31


    Welcome to a pivotal episode of the Kaya Cast Podcast, where we delve deep into New York's cannabis marketplace amidst its complex regulatory and business environment. Today's guest, Katie Neer of KND Group, brings an insider's perspective to the ongoing challenges and opportunities within the state.In this episode, we'll explore the recent decision deeming padlocks unconstitutional and the repercussions this has on both legal and illicit cannabis markets in New York. Katie shares her insights on regulatory confusion, policing efforts, and the impact of election outcomes on cannabis policy.We also touch on the potential growth of New York's legal cannabis market, projected to be worth about $6 billion, and discuss strategic measures needed to realize this vision. Katie discusses the nuances of Registered Organizations (ROs) in the state, leadership changes at the Office of Cannabis Management (OCM), and policy suggestions to enhance New York's approach towards medical cannabis and private rights of action against illicit operations.Join us as we unpack these critical issues with Katie Neer, whose expertise in shaping policy through collaboration with regulators offers invaluable lessons for cannabis businesses aiming to navigate and influence policy landscapes effectively.Whether you're a dispensary owner, a policy maker, or simply a cannabis enthusiast, this episode offers a thorough understanding of the complexities and pivotal changes shaping one of the most dynamic cannabis markets in the U.S.Tune in to gain actionable insights and stay ahead in the ever-evolving world of cannabis business regulations.Remember to follow, like, or subscribe to Kaya Cast on your favorite podcast platform to keep up with the latest discussions and strategies for scaling and thriving in the cannabis industry.Highlights:00:00 Introduction and Overview00:11 Guest Introduction: Katie NIR from KND Group00:44 Discussion on New York's Illicit Cannabis Market02:36 Challenges and Nuances in Enforcement06:01 Policy and Legislative Updates12:26 Medical Cannabis Program in New York17:10 State of Registered Organizations (ROs)30:40 Current Market Overview and Future Outlook35:24 Rescheduling and Its Impact on the Industry37:25 Conclusion and Contact Information Find out more about KND Group at:https://www.kndgroupllc.com/https://www.linkedin.com/in/katie-neer-1b425414/ #KayaCastPodcast #NewYorkCannabisMarket #RegulatoryChallenges #BusinessOpportunities #KNDGroup #InsiderPerspective #PolicingEfforts #ElectionOutcomes #CannabisPolicy #LegalMarketGrowth #RegisteredOrganizations #OfficeofCannabisManagement #PrivateRightsOfAction #CollaborationWithRegulators #PolicyLandscapes #CannabisBusinesses #DispensaryOwners #PolicyMakers #CannabisEnthusiasts #ActionableInsights #EverEvolvingIndustry #StayAhead #CannabisRegulations #KayaCastCommunity #Follow #Like #Subscribe #PodcastPlatform #ScalingAndThriving #CannabisIndustry

    Health Benefits for Cannabis Employees: Can You Really Afford It?

    Play Episode Listen Later Nov 5, 2024 26:47


    Welcome back to another episode of the KayaCast Podcast, your go-to audio hub for all things cannabis business. Today, we're thrilled to have Craig Scurato from Kind Benefits join us to delve deep into the realm of employee health benefits, specifically tailored for the unique needs and challenges of cannabis dispensaries.Navigating health benefits in the cannabis industry can be daunting. With thin margins and fluctuating cash flows, providing comprehensive healthcare to employees can seem like an unattainable luxury for many dispensary owners. Craig brings a wealth of experience and innovative solutions that help dispensaries offer competitive health benefits without breaking the bank.In this episode, you'll discover:- The challenges cannabis businesses face with traditional health insurance.- Innovative tax incentive wellness programs that can be implemented from day one.- How voluntary benefits plans can lead to savings and boost employee health and morale.- The magic of hospital indemnity programs and their tax advantages specifically beneficial to the cannabis sector.- Strategies for leveraging the Affordable Care Act to provide cost-effective health benefits.Craig also walks us through the financial mechanics of these programs, illustrating how dispensaries can leverage government subsidies and tax breaks to provide essential health services without the hefty price tag. He sheds light on personalized benefits programs, which allow employees to choose benefits that truly meet their needs, enhancing job satisfaction and retention.Whether you're just starting out or looking to enhance your existing employee benefits, this conversation with Craig is packed with actionable insights and creative strategies to help you build a healthier, happier workplace.For those thinking about taking the next step, we encourage reaching out to Craig via his LinkedIn or visiting kindbenefits.co for more tailored advice and services. Don't forget, providing robust health benefits is not only possible on a budget, but it could be a key differentiator in the competitive cannabis industry.Make sure to like, subscribe, and drop a comment on your podcast app. It helps us reach more listeners like you who are dedicated to growing and scaling their cannabis businesses. Until next time, keep growing and stay green!Highlights00:00 Introduction to KayaCast00:11 Challenges of Offering Employee Health Benefits00:19 Introducing Craig from Kind Benefits01:13 Tax Incentive Wellness Programs02:05 Cost and Participation Details05:58 Affordable Care Act and Employee Benefits08:49 Personalized Benefits Approach09:41 Navigating the Health Exchange18:49 Considerations for Using a PEO25:29 Final Thoughts and Contact InformationThanks for tuning into KayaCast, the premier podcast for cannabis business insights. Visit our website to join our newsletter and stay ahead with expert tips and industry news, all dedicated to helping your dispensary thrive. Find out more about Kind Benefits at:https://www.kindbenefits.co/https://www.linkedin.com/in/craigscurato/https://www.instagram.com/kind_benefits/https://x.com/kindbenefits?s=21&t=Zbj0yLLxz5QFNMphiMjOdghttps://www.facebook.com/BranchBenefits#KayaCastPodcast #CannabisBusiness #EmployeeHealthBenefits #KindBenefits #CraigScurato #TaxIncentives #WellnessPrograms #VoluntaryBenefits #HospitalIndemnityPrograms #AffordableCareAct #PersonalizedBenefits #HealthcareSolutions #PEO #CannabisIndustry #HealthcareOnABudget #GrowAndScale #StayGreen #KayaCommunity #StayInformed #ExpertTips #IndustryNews #DispensarySuccess

    Turn Your Dispensary into a Market Game Changer

    Play Episode Listen Later Oct 29, 2024 41:40


    Welcome to a highly insightful episode of the Kaya Cast Podcast, where we delve deep into the intricacies of cannabis retail strategy. We're thrilled to host Richard McLean, the head of retail at Vibe by California, a leader in the competitive cannabis market of California.In this episode, Richard shares his rich experience in both cannabis and traditional retail, offering unparalleled insights into inventory management, vendor relationships, market adaptation, and much more. Discover the unique challenges of cannabis retail, from handling perishable inventory with strategic purchasing to understanding the nuanced demands of different regional markets.Richard explains the importance of building strong relationships with vendors to navigate the fluctuations of the cannabis market and reveals tactics for leveraging promotional items and rebates to enhance customer offerings. He also discusses the critical differences in consumer behavior across various store locations, emphasizing the need to tailor retail strategies to specific community needs.For those looking to expand, Richard offers sage advice on opening a second location and the importance of understanding local market dynamics and regulations. He shares his personal experiences and practical strategies for ensuring the success and profitability of new retail outlets.Whether you're a new retailer crafting your initial inventory strategy or an established player considering expansion, this episode is packed with valuable strategies and real-world insights to help you succeed in the dynamic world of cannabis retail.Don't miss this invaluable conversation geared towards helping cannabis dispensaries thrive. Tune in now and equip yourself with the knowledge to propel your cannabis retail business forward!Highlights:00:00 Introduction to KayaCast00:21 Guest Introduction: Richard McLean00:54 Understanding Cannabis Retail Strategy03:48 Inventory Management in Cannabis Retail05:28 Leveraging Supplier Relationships06:14 Adapting to Market Changes16:12 Customer Feedback and Engagement18:26 Expanding to a Second Location21:08 Navigating Local Cannabis Regulations22:43 Opening a Second Location: Best Practices25:09 Hiring and Training for Success27:14 Managing Multiple Stores: Key Strategies28:58 Customer Experience and Sales Techniques33:08 Effective Employee Training Programs37:23 Ensuring Accountability and Performance41:00 Conclusion and Final Thoughts Find out more about Vibe by California at:https://www.vibebycalifornia.com/https://www.linkedin.com/company/vibebycalifornia/https://www.instagram.com/vibebycalifornia_/ #KayaCast #CannabisRetail #RetailStrategy #VibeByCalifornia #InventoryManagement #VendorRelationships #MarketAdaptation #PerishableInventory #PromotionalItems #Rebates #ConsumerBehavior #LocalMarkets #CommunityNeeds #Expansion #SecondLocation #MarketDynamics #Regulations #Success #Profitability #Dispensaries #Thriving #RealWorldInsights #ValuableStrategies #Knowledge #CannabisBusiness #CustomerFeedback #Engagement #Hiring #Training #MultipleStores #CustomerExperience #SalesTechniques #EmployeeTraining #Accountability #Performance

    Changing Consumption Trends: Here's What to Know

    Play Episode Listen Later Oct 22, 2024 43:43


    Welcome to a new episode of the Kaya Cast Podcast, where we explore the dynamic world of the cannabis industry. In today's episode, we have the pleasure of speaking with Amanda Reiman, Chief Knowledge Officer of New Frontier Data, a leader in consumer cannabis data since 2015. Join us as we dive deep into the evolving consumer trends shaping both emerging and mature cannabis markets and discuss strategies for competing with the enduring gray market in states like New York and California.Amanda provides us with an insightful look into the shift toward non-smoked methods of cannabis consumption and the developing sophistication among consumers, moving beyond just choosing between Indica and Sativa to understanding terpene profiles, potency levels, and the unique effects of minor cannabinoids like CBN. We also discuss the impact of new technologies such as nanoemulsification on the edibles market, potentially revolutionizing consumer experiences by offering faster onset times and a more manageable high.Further into our conversation, Amanda shares strategies for cannabis retailers to attract and increase their customer base and basket size using targeted data-driven approaches. Learn about the importance of understanding your customer demographics and preferences, and how to leverage this information to tailor offerings that meet specific consumer needs.We also explore the broader implications of regulatory changes on the cannabis beverage market and the future potential of consumption lounges as community-focused, safe spaces for consumption. Lastly, Amanda gives us a sneak peek into her educational project, My Personal Plants, and sheds light on the importance of fostering an informed and healthy relationship with cannabis.Whether you're a cannabis business owner, industry professional, or just a curious listener, this episode offers valuable perspectives on the future of cannabis consumption and how businesses can adapt and thrive in this ever-changing landscape.Available on Spotify, Apple Podcasts, and wherever you get your podcasts.Learn more about New Frontier Data here:https://newfrontierdata.com/https://www.instagram.com/newfrontierdata/https://www.linkedin.com/company/newfrontierdata/Find out more about Amanda here:https://www.linkedin.com/in/amanda-reiman-phd-msw/https://www.mypersonalplants.com/Highlights:00:00 Introduction and Welcome00:05 Consumer Behavior in Emerging vs. Mature Markets00:38 Shift Towards Non-Smoked Methods of Consumption01:58 Sophistication and Changing Demographics in Cannabis Consumption03:35 Challenges for Legal Retailers in Emerging Markets07:38 The Role of Nanoemulsification in Edibles12:22 Leveraging Data to Attract More Customers20:12 Educating on Cannabis for Sleep20:50 Barriers to Medical Cannabis Adoption22:33 Cannabis Beverage Industry Insights23:58 The Future of Consumption Lounges25:33 Historical Context of Social Consumption27:38 Health Risks and Safety in Consumption Lounges30:25 Leveraging Data for Retail Success36:55 My Personal Plants: A Balanced Approach to Cannabis42:18 Conclusion and Contact Information#KayaCastPodcast #CannabisIndustry #NewFrontierData #ConsumerTrends #GrayMarket #EmergingMarkets #MatureMarkets #NonSmokedCannabis #TerpeneProfiles #PotencyLevels #MinorCannabinoids #CBN #Nanoemulsification #EdiblesMarket #DataDrivenApproaches #CustomerDemographics #TargetedOfferings #RegulatoryChanges #CannabisBeverageMarket #ConsumptionLounges #CommunitySpaces #EducationalProject #MyPersonalPlants #InformedCannabisConsumption #Spotify #ApplePodcasts #PodcastListeners #CannabisBusinessOwners #IndustryProfessionals #CannabisEducation #FosteringHealthyRelationships #NewEpisode #AmandaReiman #ChiefKnowledgeOfficer #RetailSuccess #HealthRisks #Safety #FutureofCannabisConsumption #ContactInformation.

    Attracting Investors: Strategies from a Top Cannabis Player

    Play Episode Listen Later Oct 15, 2024 46:37


    In this episode of Kaya Cast, we delve deep into the mind of a top cannabis industry investor, Scott Grossman, the strategic force behind Turning Point Brands. With a rich background in investment banking and extensive experience in both private and public equity, Scott brings unparalleled insights into what really catches an investor's eye in the burgeoning cannabis market.What You'll Learn:- Investment Strategies: Scott outlines his approach to evaluating cannabis businesses, emphasizing the importance of a solid team and a clear understanding of the market problem the business intends to solve.- Essential Business Qualities: Discover the key attributes Scott believes are vital for a business to attract investment, including direct experience, operational understanding, and a compelling value proposition.- Advice for Entrepreneurs: Scott provides actionable advice for cannabis entrepreneurs on what to consider when approaching investors, how to demonstrate potential for scalability and defendability in the market.- Navigating Challenges: Learn about the nuances of investment in the volatile cannabis industry and how businesses can position themselves to be more attractive for investment.- Insider Insights: Gain insights from Scott's robust experience on mistakes to avoid and strategies to employ when seeking funds to ensure your business not only survives but thrives in competitive markets.This episode is a goldmine for any cannabis entrepreneur aiming to understand the investor's perspective deeply. Scott not only shares what attracts investment but also discusses common pitfalls and the resilience required to succeed. Whether you're preparing for your initial pitch or looking to expand, Scott's expert advice could potentially pivot your business strategy towards greater success.Make sure to tune in to this insightful conversation full of actionable strategies that could help elevate your cannabis business to the next level!Available on: Apple Podcasts, Spotify, and wherever else you love to listen. Subscribe to Kaya Cast Podcast for more insights on growing and scaling your cannabis business successfully. Highlights00:00 Introduction to KayaCast00:20 Meet Scott Grossman: Investment Insights00:59 Key Factors for Investment: The Team05:06 Retail Experience and Unique Value Propositions09:29 Top Qualities for Entrepreneurs14:32 The Importance of Resiliency17:35 Raising Capital: Strategy and Execution20:33 Building Prototypes and Demonstrating Value23:30 Understanding Your Customer Base24:04 Raising Capital: Key Considerations27:01 Building a Cannabis Brand29:16 Finding Investors in the Cannabis Industry35:50 Crafting the Perfect Elevator Pitch37:04 Evaluating Investors and Metrics43:25 Personal Investment Insights45:30 Final Thoughts and Contact InformationFind out more about Turning Point Brands, Inc at:https://www.turningpointbrands.com/home/default.aspxhttps://www.linkedin.com/company/turning-point-brands-inc./#kayacast

    Keeping it Legal in NY: Cannabis Business 101

    Play Episode Listen Later Oct 8, 2024 42:49


    In this enlightening episode of Kaya Cast, we sit down with Jeffrey Hoffman, the experienced New York cannabis attorney and the mind behind Jeffrey Hoffman & Associates PLLC. With a wealth of knowledge drawn from his extensive legal practice and his popular 420 talk on LinkedIn, Jeffrey provides invaluable advice for newcomers and seasoned cannabis entrepreneurs alike.Why are there so many lawsuits in the cannabis industry? How can you safeguard your cannabis business against legal pitfalls? Jeffrey dives deep into the common legal mistakes made by cannabis business owners and shares key tips on how to navigate the complex regulatory environment in New York. He explains the critical importance of working with experienced legal professionals to avoid costly errors, specific to cannabis business requirements such as the nuances in lease agreements and federal law compliance.Moreover, Jeffrey discusses the implications of not fulfilling the LLC publication requirement in New York, a seemingly small oversight that can have substantial legal consequences. He also gives practical advice on selecting a cannabis attorney who truly understands the intricacies of the industry, helping to prevent litigation and ensure your business operates within the legal framework.Whether you're planning to open a new dispensary or scale your existing operations, this episode is packed with essential insights that will assist you in making informed decisions and steering clear of common yet avoidable legal issues. Tune in to arm yourself with the knowledge you need to succeed in the competitive cannabis market of New York.Availability: Stream this episode on Spotify, Apple Podcasts, or directly from our website. Don't forget to subscribe for more insightful discussions designed to help you grow your cannabis business responsibly and lucratively. Find out more about Jeffrey Hoffman & Associates PLLC at:https://www.420jurist.com/https://www.linkedin.com/in/heavyj/Highlights:00:00 Introduction to Cannabis Industry Lawsuits01:01 Common Legal Mistakes in Cannabis Startups02:18 Understanding Legal Requirements for Cannabis Businesses05:40 Navigating Lease and Mortgage Challenges10:11 Choosing the Right Legal Support14:04 Complexities of Cannabis Deals and Regulations15:34 The Impact of Regulations and Lawsuits20:00 The Role of Attorneys in the Cannabis Industry22:01 The Litigation Process and Its Implications22:56 The Importance of Legal Counsel23:31 Navigating Regulatory Changes24:01 Opening a Cannabis Store: Key Considerations25:34 Understanding New York's Two-Tier System28:54 Employee Regulations in the Cannabis Industry30:06 Outsourcing and Legal Complexities33:48 Current State of the New York Cannabis Market37:49 Challenges with the Illicit Market41:34 Conclusion and Contact Information#kayacast #newyork #dispensary #cannabis

    Your Guide to Cannabis-Friendly Banking w/ Peter Su, Hanover Bank

    Play Episode Listen Later Oct 1, 2024 31:43


    Welcome back to another insightful episode of the Kaya Cast Podcast, where we bridge the gap between the rapidly evolving cannabis industry and the world of business. Today, we're joined by Peter Su, a seasoned veteran in the banking sector with a unique specialty: he's launched not one, not two, but three successful cannabis banking programs. His latest endeavor at Hanover Bank aims to treat cannabis businesses just like any other, striving to remove the stigma and operational hurdles that many face today.In this episode, Peter shares his wealth of knowledge on what cannabis businesses should look for in a banking partner, the everyday challenges of financing in the industry, and how Hanover Bank is setting itself apart by providing comprehensive, normalized banking services to cannabis operators. Plus, he offers invaluable advice for individuals in the cannabis sector struggling to access financial services like loans or mortgages.If you've ever been curious about the financial nuances of the cannabis industry or are seeking practical advice on overcoming banking barriers, this episode is a must-listen. Join us as Peter lends his expert insights to help demystify cannabis banking, revealing both the progress made and the paths forward for businesses and individuals alike.Key Points We'll Cover:- Criteria for selecting a cannabis-friendly bank- The unique challenges and solutions in cannabis banking from Peter's perspective- Practical advice for cannabis industry workers navigating personal banking and loans- The vision and future plans for Hanover Bank in the cannabis banking space- An insightful discussion on the Asian Cannabis Roundtable and its role in changing perceptions and fostering community within the industryEnjoy this episode for a clearer understanding of how banking can support the growth and normalization of the cannabis industry. Don't forget to subscribe to our podcast for more expert discussions like this, and visit our website for an archive of past episodes. Happy listening!00:00 Introduction to KayaCast00:16 Guest Introduction: Peter SU from Hanover Bank00:58 Cannabis Banking Experience01:22 Challenges in Cannabis Banking02:58 Treating Cannabis Businesses Like Normal Businesses06:11 Advice for Cannabis Industry Employees11:37 Personal Banking for Cannabis Industry Workers14:54 Future of Cannabis Banking at Hanover25:28 Asian Cannabis Roundtable29:49 Conclusion and Contact Information30:44 Thank You and Podcast InformationAvailable on all major podcast platforms. Subscribe on Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast app to never miss an episode.---  Tune in, learn, and leverage these insights to help your cannabis business thrive in a complex landscape! Find out more about Hanover Bank at:https://www.linkedin.com/in/petersu/https://www.linkedin.com/company/hanoverbank/#KayaCast #CannabisIndustry #Business #Banking #HanoverBank #CannabisBanking #FinancialServices #IndustryInsights #AsianCannabisRoundtable #Community #ExpertAdvice #SpecialtyBanking #CannabisFinancing #Mortgages #Loans #NormalizingCannabis #DemystifyingBanking #Growth #Progress #Subscribe #ExpertDiscussions #Podcast #Insights #Episode #WelcomeBack #SeasonedVeteran #BridgeTheGap #CannabisAndBusiness #Stigma #OperationalHurdles #Success #ThreePrograms #TreatingCannabisBusinesses #Criteria #Selection #Challenges #Solutions #PracticalAdvice #PersonalBanking #AsianCommunity #ChangingPerceptions #FosteringCommunity #GrowthAndNormalization #ComplexLandscape #Thrive #ExpertInsights #HappyListening

    5 Quick Steps to Becoming Compliant (That You Can Implement Right Now)

    Play Episode Listen Later Sep 24, 2024 43:30


    In this unmissable episode of Kaya Cast, we sit down with Tim Gunther of ILoveCompliance.biz, bringing over nine years of expertise in steering cannabis businesses towards foolproof compliance. Tim delves deep into the common pitfalls in cannabis regulations, sharing his wealth of knowledge on straightforward yet overlooked practices that can safeguard your operation from hefty fines and regulatory headaches.Discover practical advice on managing video retention, inventory protocols, and the intricate changes of ownership that could potentially save your business tens of thousands of dollars. Tim also illuminates how better understanding your state's regulators and their requirements can transform them from foes to allies in your business journey.Moreover, learn the ins and outs of maintaining employee compliance training records, the significance of your relationship with inspectors, and harnessing public records of fines as learning tools to stay ahead. Tim doesn't just highlight problems but provides actionable solutions, advocating for regular audits, the strategic use of technology, and fostering a proactive compliance culture.Whether you're a new dispensary owner drafting your first SOPs or a seasoned operator, this episode is packed with invaluable insights to help you navigate the regulatory landscape effectively, ensuring your business not only survives but thrives in the challenging yet rewarding world of cannabis.Tune in to gain a competitive edge by mastering the art of compliance with expert insights from Tim Gunther. Subscribe to the Kaya Cast on your favorite podcast platform to never miss an episode on powering up your cannabis business! Find out more about ILoveCompliance.Biz at:https://ilovecompliance.biz/https://www.linkedin.com/company/ilovecompliance/https://www.instagram.com/ilovecompliance/Highlights:00:00 Introduction to KayaCast and Compliance Challenges00:24 Guest Introduction: Tim Gunther from I Love Compliance01:13 Common Compliance Violations in the Cannabis Industry04:45 Understanding State Regulations and Staying Updated07:45 Learning from Fines and Sanctions11:03 Best Practices for Compliance and Vendor Selection16:47 Writing Effective SOPs and Ensuring Compliance22:40 Training Managers to Use Camera Systems24:39 Importance of Self-Reporting26:31 Building a Culture of Compliance30:34 Understanding Your Inspectors34:47 Writing Effective SOPs38:02 Best Practices for Document Management41:47 Conclusion and Final Thoughts#kayacast #cannabis #compliance

    Why You Need to Leverage Customer Data in Cannabis

    Play Episode Listen Later Sep 17, 2024 53:08


    In this enriching episode of the Kaya Cast Podcast, we're thrilled to have Carlo Manabat, the founder of Kuya, joining us to explore the transformative role of customer data in the cannabis industry. With a rich background in helping cannabis businesses enhance their market presence through strategic branding and market research, Carlo brings invaluable insights into the art of understanding and leveraging customer data for substantial business growth.Discover:- How Carlo's journey with his company, Blaze, and Kuya has reshaped his approach to the cannabis retail and CPG landscape.- Practical tips on persona building and how to translate demographic insights into effective business strategies.- The importance of aligning product offerings and marketing messages with your core customer base to enhance visibility and sales.- A step-by-step discussion on performing effective market research, mapping customer profiles, and interpreting demographic data to make informed business decisions.- How Carlo has assisted dispensaries in optimizing their product mix and partnerships to cater precisely to their customer's lifestyles, resulting in significant revenue boosts.Whether you're a new dispensary owner or looking to scale your existing cannabis business, Carlo's expertise will guide you through utilizing customer data not just for better marketing, but for crafting a consumer experience that resonates well with your target audience. Tune in and transform the way you see and use customer data in your cannabis venture!00:00 Introduction to KayaCast00:26 Guest Introduction: Carlo from Dream Project00:49 Carlo's Insights on Cannabis Retail04:12 Understanding Customer Personas06:21 Market Research for Dispensaries08:45 Leveraging Demographic Data10:49 Building Customer Profiles18:53 Optimizing Marketing Strategies32:26 Case Study: Increasing Sales by 15%46:13 The Importance of Data in Cannabis Business50:54 Conclusion and Contact InformationRemember to subscribe to our podcast on your favorite platform and never miss an episode that could help you grow and scale in the competitive cannabis industry! Find out more about Kuya at:https://www.hikuya.com/https://www.linkedin.com/in/cmanabat/https://www.linkedin.com/company/hikuya/#KayaCastPodcast #CannabisIndustry #CustomerData #TransformativeInsights #MarketResearch #PersonaBuilding #EffectiveStrategies #OptimizingMarketing #BoostingRevenue #CannabisRetail #CPG #DemographicData #BusinessGrowth #CustomerProfiles #DispensaryOwners #ScalingBusiness #ConsumerExperience #TargetAudience #UtilizingData #CannabisVenture

    Hemp's Impact on the Cannabis Beverage Boom w/ Wesley Hein

    Play Episode Listen Later Sep 10, 2024 19:51


    Welcome back to another informative episode of the Kaya Cast Podcast, the go-to resource for cannabis dispensaries aiming to expand their influence and success in the industry. In this episode, we dive further in with Wesley Hein, a seasoned cannabis executive and head of Corporate Development and M&A at Mammoth Distribution. Discover the unique dynamics of the hemp market and its evolving role relative to the broader cannabis industry. Wesley provides an insider's perspective on how, despite being fundamentally a cannabis company, the developments in the hemp sector are influencing strategies and perceptions in the markets where Mammoth operates, including California, New York, and Illinois.Delve into the complex relationship between cannabis and its cousin hemp, as Wesley explains the regulatory landscapes, market challenges, and the unintended consequences of hemp's rapid growth. He shares critical insights on how the hemp industry is navigating through its 'wild west' phase much like the early days of cannabis, and the implications this has on regulation and market stability.Moreover, Wesley peels back the layers on the burgeoning sector of cannabis-infused beverages. He discusses the surprising boost in beverage sales against the backdrop of hemp's influence and how savvy branding and distribution strategies are overcoming stigma and logistical hurdles. In a market faced with both skepticism and opportunity, learn about the potential pathway for hemp in California and the broader implications for cannabis operators and manufacturers looking to innovate while adhering to shifting regulatory demands.Whether you're an industry veteran or a newcomer navigating the complexities of the cannabis business, this episode offers valuable perspectives on managing growth amidst chaos, capitalizing on emerging market segments, and strategizing for future expansions.Stay tuned to the end for Wesley's outlook on where he sees hemp and cannabis beverages heading, and what this could mean for dispensary owners looking to diversify their product offerings.As always, thank you for joining us on the Kaya Cast Podcast. Don't forget to subscribe to stay updated on the latest trends and strategies that can help propel your cannabis business forward. Until next time, keep growing and thriving in the cannabis industry. Find out more about Mammoth Distribution at:https://www.linkedin.com/company/mammothdistribution/https://www.linkedin.com/in/wesleyhein/Highlights:00:00 Introduction to KayaCast and Guest Wesley Hein00:30 Current State of the Hemp Market03:03 Hemp's Impact on the Cannabis Industry06:02 Challenges and Opportunities in Hemp and Cannabis07:27 Regulatory Landscape and Future Predictions16:58 The Potential of Cannabis Beverages19:30 Conclusion and Farewell #KayaCastPodcast #CannabisDispensaries #IndustryInsights #CorporateDevelopment #MergersAndAcquisitions #HempMarket #CannabisIndustry #CaliforniaCannabis #NewYorkCannabis #IllinoisCannabis #RegulatoryLandscapes #MarketChallenges #HempGrowth #WildWestPhase #CannabisBeverages #BeverageSales #BrandingStrategies #DistributionStrategies #Stigma #LogisticalHurdles #MarketStability #CaliforniaHemp #CannabisInnovation #RegulatoryDemands #IndustryPerspectives #DispensaryOwners #ProductDiversification #StayTuned #CannabisGrowth #KayaCommunity #CannabisNews #IndustryUpdates #CannabisBusiness #GrowAndThrive.

    Unleashing Success: The Higher Path's Unique Business Approach

    Play Episode Listen Later Sep 3, 2024 27:14


    In this insightful episode of the Kaya Cast Podcast, we sit down with Jessica Martin, the dynamic COO of The Higher Path, a standout cannabis dispensary nestled in the bustling market of California. With over a decade of experience in the evolving cannabis industry, Jessica shares how her business has not only survived but thrived amidst intense competition, rigorous regulations, and the persistent challenge of the illicit market.Join us as we delve into the strategies that have propelled The Higher Path to success, including exceptional community engagement, strategic brand positioning, and a unique focus on creating an inviting and memorable customer experience. Jessica reveals how these efforts have helped forge a powerful connection with both local customers and tourists alike, turning their dispensary into a must-visit location in Hollywood.We also explore the significant shifts in industry challenges over the years, from gaining acceptance in the early days to competing with unregulated shops and adapting to ever-changing regulations. Moreover, Jessica provides a rare glimpse into the hiring strategies that ensure they not only choose the right team members but also foster continual growth and job satisfaction, contributing to the dispensary's vibrant workplace culture and high staff retention rates.Learn from Jessica's valuable perspectives on leadership in the cannabis industry, the importance of community involvement, and how a thoughtful approach to business operations can lead to enduring success. Whether you're a veteran in the cannabis business or just starting out, this episode is packed with actionable insights to help you navigate the complexities of the cannabis market.Tune in now to discover how to make your mark in one of the most competitive industries today! Stay tuned for more episodes where we bring together industry leaders and experts in the cannabis space.  Find out more about The Higher Path at:https://www.linkedin.com/company/the-higher-path-la/https://thehigherpath.com/https://www.instagram.com/thehigherpathshop/?hl=en#kayacast #podcast #realestate #higherpath #cannabisindustry #businesstips

    Why your Dispensary isn't Succeeding: Tips from California's Top Brands

    Play Episode Listen Later Aug 27, 2024 27:09


    In this enlightening episode of Kaya Cast, we sit down with Wesley Hein, a seasoned expert from Mammoth Distribution, to delve into effective strategies for cannabis retailers. Wesley brings his rich background in the music industry and detailed knowledge of the cannabis supply chain to share invaluable insights on navigating the complexities of the market.Topics we cover include:- Supplier-Retailer Dynamics: Learn how retailers can leverage supplier relationships to enhance their business, avoid common pitfalls in pricing strategies, and why maintaining strong connections with suppliers is crucial for success.- Pricing vs. Value: Wesley discusses why lowering prices isn't always the best move and shares an interesting perspective comparing the cannabis industry to other sectors, illustrating how strategic pricing can significantly impact sales.- Promoting Difficulty Selling SKUs: Discover creative ways to push products that are slow on sales without resorting to discounts. Wesley emphasizes the importance of in-store education and engaging directly with consumers to enhance product velocity.- Staff Training Tips: Crucial strategies for retailers on how they can work with suppliers to provide compelling, effective training for their teams.- Ground Game in Marketing: What does a strong ground marketing game look like? Wesley explains the need for a robust, hands-on approach in a highly competitive space like California.- Future Plans for Mammoth: Wesley shares exciting developments at Mammoth Distribution, including expansion plans and strategic acquisitions aimed at enhancing innovation and product diversity.Tune into this episode for a deep dive into mastering cannabis retail strategies with one of the industry's most dynamic figures. Whether you are a new dispensary or looking to scale up, Wesley's insights will guide you in the right direction.Stream Now on Spotify, Apple Podcasts, or your favorite podcast platform! Don't forget to subscribe to Kaya Cast for more insightful episodes aimed at helping you thrive in the cannabis industry. Find out more about Mammoth Distribution at:https://www.linkedin.com/company/mammothdistribution/https://www.linkedin.com/in/wesleyhein/Highlights00:00 Introduction and Welcome00:16 Challenges Faced by Retailers00:59 Pricing Strategies in Retail02:54 Supplier and Retailer Dynamics07:25 Training and Educating Staff14:43 California Market Insights20:07 Future Plans and Innovations25:18 Closing Remarks and Contact Information#KayaCast #CannabisRetail #WesleyHein #MammothDistribution #SupplierRetailerDynamics #PricingVsValue #PromotingDifficultySellingSKUs #StaffTrainingTips #GroundGameMarketing #FuturePlansMammoth #CannabisIndustry #DispensaryTips #ScalingUp #InsightfulEpisodes #Podcast #CannabisCommunity #RetailStrategies #Innovation #ProductDiversity #ExpertAdvice #MarketComplexities #SupplierRelationships #CompetitiveSpace #CaliforniaCannabis #StreamNow #Subscribe #ApplePodcasts #Spotify #FavoritePodcastPlatform

    From Trials to Triumph: How Precious Built a Cannabis Powerhouse in NJ

    Play Episode Listen Later Aug 20, 2024 44:14


    In this riveting episode of the Kaya Cast Podcast, we sit down with the indefatigable Precious Osagie Erese, the mastermind behind PRECIOUS Canna Co., a trailblazing cannabis brand making waves in the New Jersey area. Dive deep into Precious's journey through the tumultuous waters of the cannabis industry, from her initial forays with Roll Up Life, a delivery platform concept, to the hard-earned establishment of her own brand after facing formidable challenges in licensing and market entry.Discover how Precious navigated the complex landscape of business pitches, investor relations, and regulatory hurdles, and how a crushing setback led to the birth of Precious Canna Co., a brand dedicated to luxury, quality, and representation. This episode isn't just a story about cannabis—it's about resilience, community impact, and the fight for equity within the industry.Precious shares valuable insights on securing shelf space, engaging with investors, and building a brand that resonates with a diverse audience. Her story is a powerful reminder of the passion and perseverance necessary to succeed in the fast-evolving cannabis market.Perfect for cannabis entrepreneurs and enthusiasts, this conversation sheds light on the nuances of building a cannabis business from the ground up. Tune in to gain inspiration and actionable advice from one of the industry's most determined and visionary leaders.Subscribe to the Kaya Cast Podcast for more empowering stories and expert insights into the cannabis industry, helping you grow and scale your cannabis business.  Find out more about PRECIOUS Canna Co. at:https://www.preciouscannaco.com/https://www.instagram.com/preciouscannaco/https://www.linkedin.com/company/precious-luxury-brand/https://www.linkedin.com/in/preciousosagieerese/ #KayaCastPodcast #PreciousCannaCo #CannabisEntrepreneur #CannabisIndustryInsights #ResilienceInBusiness #CommunityImpact #EquityInCannabis #LuxuryCannabis #QualityCannabis #RepresentationMatters #NavigatingRegulatoryHurdles #BuildingABrand #DiverseAudience #CannabisEntrepreneurship #PassionAndPerseverance #GrowingCannabisBusinesses #ExpertInsights #CannabisMarket #TrailblazingBrand #CannabisJourney #InvestorRelations #ShelfSpaceSecrets #TuneInForInspiration #VisionaryLeader #CannabisEnthusiasts #FastEvolvingMarket #ActionableAdvice #SuccessStories #CannabisEmpowerment.

    Breaking Barriers: How Conservative States are Embracing Cannabis

    Play Episode Listen Later Aug 13, 2024 53:20


    What's happening in the emerging cannabis markets? In this week's episode of the Kaya Cast, we discuss the latest developments in the US with expert Hirsh Jain of Ananda Strategy.The cannabis landscape in the U.S. is changing rapidly, with 24 states now allowing adult-use cannabis. Hirsh shares insights on why Ohio, Pennsylvania, and Florida are the next big catalysts in the industry, each with unique circumstances and timelines for legalization.We dive into Ohio's upcoming adult-use sales in early August, making it the first major red Republican state to adopt such measures. Ohio's move is a significant milestone, showing bipartisan support for cannabis legalization and setting a precedent for other conservative states.We also explore the surprising yet impactful example of Mississippi. With around 70% of the vote for its medical cannabis ballot measure, Mississippi demonstrates the broad bipartisan appeal of cannabis, even in conservative regions. The state's open structure and rapid patient registration highlight its successful approach, contrasting with struggles in other Deep South states.Lastly, we turn to Florida, where a pivotal vote in November could legalize adult-use cannabis. Despite requiring a 60% threshold and facing opposition from Governor Ron DeSantis, polling and historical support for medical cannabis suggest a favorable outcome. With 900,000 medical cannabis patients and a robust market, Florida could soon become a leading state in the cannabis industry.Join us as we explore the exciting potential of these emerging markets and what they mean for the future of the cannabis industry. Find out more about Ananda Strategy at:https://www.anandastrategy.com/https://www.instagram.com/anandastrategy/https://x.com/anandastrategyhttps://www.linkedin.com/in/hirsh-jain-b896b080/Highlights00:00 Introduction to the Cannabis Industry01:29 Ohio's Impact on Cannabis Legalization09:53 Florida's Upcoming Cannabis Vote21:31 Challenges in Pennsylvania's Legalization Efforts25:15 Minnesota's Unique Approach to Cannabis26:52 Hemp Beverages: A New Trend in Minnesota27:52 The Role of Beverages in Cannabis Adoption28:41 Minnesota's Unique Approach to Cannabis Regulation29:11 The Impact of Minnesota's Licensing System29:55 Neighboring States and Cannabis Legalization31:48 The Future of Cannabis Legalization in the U.S.37:00 The Rescheduling Process and Its Implications44:24 The Safer Banking Act and Its Prospects46:38 Challenges and Advice for Cannabis Entrepreneurs49:12 Hirsh's Work Across Different States52:19 Conclusion and Contact Information#cannabiscommunity #kayacast #podcast #businesstips #election #usa

    Efficient Inventory Management: Secrets for Cannabis Success

    Play Episode Listen Later Aug 6, 2024 36:01


    Welcome to the Kaya Cast, the podcast for cannabis businesses looking to launch, grow, and scale their operations. In this episode, we dive deep into inventory controls with Aly from Budding Operations, who brings over 12 years of experience in the cannabis industry. Learn best practices for receiving inventory, managing accounts, and preparing for regulatory audits. Aly shares insights on assessing staff capacity, structuring your backend team, and hiring the right candidates. If you have questions about your dispensary's back-of-house operations, this episode is for you. Tune in for expert advice to streamline your inventory processes! Highlights00:00 Introduction to Inventory Controls00:13 Guest Introduction: Aly from Budding Operations00:47 Assessing Staff Capacity and Adequacy01:12 Staffing Models: Fulfillment vs. Deli Style02:06 Roles and Responsibilities in Inventory Management03:00 Hiring for Inventory Roles04:14 Industries with Transferable Skills04:55 Scheduling and Adequate Staffing07:51 Receiving Inventory Best Practices09:37 Controlling Theft and Inventory Counts14:09 Key Performance Indicators (KPIs) for Inventory28:27 Training and Compliance31:38 State Inspection Audits35:00 Conclusion and Contact Information Find out more about Budding Operations at:https://www.buddingoperations.com/https://www.instagram.com/buddingoperationscompliance/https://www.linkedin.com/company/budding-operations/https://www.youtube.com/@UCwI4AdR1L1jCYI8KNzDxLEg Subscribe and listen to our podcast on any platform!#cannabisindustry #podcast #kayacast #businesstips #cannabisdispensary

    Three Stages of Business Growth: Where Are You?

    Play Episode Listen Later Jul 23, 2024 5:45


    Welcome to another enlightening episode of the KayaCast Podcast, your go-to source for all things cannabis business. In today's show, we're thrilled to have Tommy Truong from KayaPush join us to explore the intricate process of scaling your dispensary. Whether you're a budding entrepreneur or a seasoned business owner looking to expand, this episode packs a wealth of invaluable insights.Tommy breaks down the three critical stages of business growth, starting from being a jack-of-all-trades in the startup phase to reaching the pinnacle where your team outshines even yourself. He delves into the importance of understanding your business through the major processes that drive your store, assessing your team, and ensuring you have the right people to support your expansion.Among the core topics discussed, Tommy emphasizes the vital practice of slowing down to build a robust foundation for growth. He shares strategic exercises to assess your current operations and team, helping you identify strengths, weaknesses, and key performance indicators that are essential before considering expansion.For more insights and resources, don't forget to subscribe to the KayaCast Podcast on your favorite podcast platform and visit our website for the full archive of episodes. Get ready to take your cannabis business to the next level!If you enjoyed this episode and you're looking to expand your cannabis business, remember to like or subscribe wherever you're listening. Your support greatly helps broaden our community and reach more cannabis entrepreneurs like yourself. Find out more about KayaPush at:https://www.instagram.com/kayapush/https://www.kayapush.com/podcast-episodes #KayaCastPodcast #CannabisBusinessInsights #TommyTruong #KayaPush #ScalingYourDispensary #EntrepreneurTips #BusinessGrowthStrategies #TeamAssessment #BuildingABusinessFoundation #KeyPerformanceIndicators #CannabisEntrepreneurCommunity #ExpandingYourBusiness #CannabisIndustryInsights #TeamBuilding #StartupPhase #BusinessJourney #GrowYourDispensary #CannabisIndustryExperts #EntrepreneurSupport #PodcastCommunity #CannabisEntrepreneurship

    Kaya Cast Turns Two: The Anniversary Episode

    Play Episode Listen Later Jul 16, 2024 10:04


    Celebrate two years of insightful cannabis business conversations with us on this very special episode of the Kaya Cast Podcast. In this episode, host Tommy Truong shares riveting stories from his diverse entrepreneurial background and dives deep into what it takes to not only survive but thrive in the cannabis industry.Tommy takes us on a journey through his early beginnings in the Dungeness crab distribution business - a venture that taught him the harsh realities of commodity markets and the importance of having control over supply and differentiation. His shift from seafood to software is a testament to adaptive business strategies and finding niches where one can truly make an impact.For those looking to enter the cannabis industry, Tommy offers invaluable advice. From steering clear of predatory consultancy practices to meticulously planning your business strategy, he lays down foundational guidelines that every aspiring cannabis entrepreneur needs to hear.Moreover, Tommy reflects on the importance of choosing the right business partner and aligning on work ethic, financial goals, and visions for the future. His insights into maintaining a lean operation that can quickly reach breakeven are golden nuggets for anyone at the launching pad of their cannabis venture.Join us for this enriching episode to gain a better understanding of the business acumen required in the cannabis industry, directly from a seasoned entrepreneur. Whether you are a fledgling startup or looking to scale, there's something in this episode for every cannabis business enthusiast.Subscribe to Kaya Cast Podcast on Apple Podcasts, Spotify, or your favorite podcast platform.Highlights00:00 Introduction and Anniversary Celebration00:15 Answering Your Questions00:58 Lessons from My First Business05:17 Advice for Aspiring Cannabis Entrepreneurs08:35 Reflections on Podcasting and Future Plans09:13 Closing Remarks and Thank You#kayacast #entrepreneur #cannabisindustry #businesstips

    Unlocking Dispensary Profits: From Inventory to In-Store Experience

    Play Episode Listen Later Jul 9, 2024 53:21


    Launching a cannabis dispensary comes with its set of challenges, and managing inventory can be particularly daunting. In today's episode of KayaCast, we sit down with Ameel Bachir – a seasoned cannabis retail strategist from Forte Operations, who has an extensive background in developing successful inventory systems for cannabis retailers, including his pivotal role at Tokyo Smoke. Ameel shares invaluable insights into starting strong with the right inventory investment, selecting a product mix that caters to every kind of cannabis consumer, and adjusting your stock based on market response. He reveals the key percentage of budget to allocate towards inventory initial stocking and talks through the processes of selecting cannabis brands, considering market data, and understanding customer needs to optimize retail offerings.Learn strategies for differentiating your dispensary through inventory selection, how to adjust your stock wisely, and why it's crucial to train your staff on the nuances of your product offerings to boost sales. Ameel also touches on handling legacy versus novelty products and tips for profiling different customer types to ensure your dispensary meets a wide range of consumer preferences.Whether you're a new dispensary owner curious about how much to invest initially, or an existing retailer looking to refine your inventory strategies, this episode provides actionable advice that you can implement right away.Don't miss these expert insights on scaling your cannabis business efficiently through strategic inventory management. Tune in now!Thank you for tuning into the KayaCast Podcast - your go-to guide on all things cannabis retail. Find out more about Forte Operations at:https://forteops.com/https://www.linkedin.com/company/forte-operations/https://www.instagram.com/forteops/?__d=11https://www.linkedin.com/in/ameelbachir/#cannabisindustry #kayacast #businesstips #businessgrowth #entrepreneur00:00 Introduction to Dispensary Challenges00:09 Meet Ameel: Cannabis Inventory Expert01:03 Initial Inventory Investment Strategies03:03 Choosing the Right Cannabis Brands05:16 Balancing Traditional and Innovative Products07:04 Determining the Right Number of SKUs09:20 Inventory Turnover and Supplier Relationships10:56 Creating a Healthy Product Mix14:21 Pricing Strategies and Loss Leaders17:05 Profiling Your Customers22:32 Competing with Grey Market Stores24:35 Existing vs. Emerging Markets28:51 Challenges with Product Availability29:41 Identifying Slow-Moving Products32:23 Effective Product Display Strategies38:02 Training Employees to Upsell41:30 Planning for Inventory Growth50:33 Adapting to Customer Feedback51:26 Conclusion and Contact Information

    Location, Branding, Scalability: Essential Dispensary Insights

    Play Episode Listen Later Jul 2, 2024 50:19


    Welcome to another enlightening episode of the Kaya Cast Podcast, the go-to resource for cannabis dispensary owners aiming to expand and refine their ventures. Today, Brytany Melville from Forte Operations joins us to unravel the complexities of launching your very first cannabis store. With her extensive experience since 2018, Brytany has ushered numerous dispensaries into profitable operations and today, she shares her wealth of knowledge tailored for both budding and seasoned dispensary entrepreneurs.In this episode, we dive deep into the critical decisions that shape the success of a dispensary, from selecting the perfect location and sizing it right to staffing and future-proofing the design. Learn the significance of a meticulously planned build-out, as Brytany reveals why a 1,500 to 1,750 square foot layout might just be your sweet spot, or how even a 450 square foot space can churn substantial revenue with robust operations.Discover the nuances of market saturation, operational costs, and how innovative branding and marketing strategies can avert potential pitfalls in the initial 90 days post-launch. Brytany also touches on the challenges and lesser-known realities of cannabis consumption spaces, sharing insights that could redefine your approach to incorporating these in your business model.Join us as Brytany unpacks the steps to navigate the milestones from lease signing to the grand opening, ensuring you're not just opening a dispensary, but crafting a resilient business designed to thrive in an ever-evolving industry. This episode is packed with actionable strategies, professional anecdotes, and foundational advice paramount for anyone gearing up to make their mark in the cannabis retail space.Don't miss out on this must-listen episode for invaluable insights that might just be the key to unlocking the potential of your cannabis dispensary. Tune in now and equip yourself with the knowledge to build, launch, and scale successfully.Available on Spotify, Apple Podcasts, and wherever you get your podcasts.Chapters:00:00 Introduction to Opening Your First Store00:15 Guest Introduction: Brytany from Forte01:00 How to Choose the Right Location03:18 Considerations for Consumption Lounges06:18 Planning Your Store Build-Out07:37 Major Milestones Before Opening09:49 Avoid these Common Build-Out Mistakes13:02 Future-Proofing Your Layout18:56 Hiring and Team Building Correctly33:03 Marketing Strategies and Brand Development41:34 Post-Opening Marketing and Sales Strategies48:58 Conclusion and Where to Find Forte Find out more about Forte Operations at:https://forteops.com/https://www.linkedin.com/company/forte-operations/https://www.instagram.com/forteops/?__d=11#kayacastpodcast #cannabisindustry #businessgrowth #entrepreneur #profitmargin #businesstips #startup

    Choosing the Perfect GM for your Cannabis Business

    Play Episode Listen Later Jun 25, 2024 42:30


    In today's episode, we dive deep with Ryan D'Wolff Munro, a seasoned expert known for his remarkable work at Dutchie and his vast experience in the restaurant, brewery, and cannabis industries.Ryan shares invaluable insights on the crucial early stages of business, focusing on effective time management, strategic hiring, and financial literacy. He emphasizes the importance of understanding your balance sheet and being actively involved in financial planning to steer your cannabis venture toward sustainable growth. Further, Ryan opens up about the art of selecting the right team, particularly the pivotal role of a General Manager, and how to ensure their values align with your business vision. He sheds light on his personal preferences when hiring a GM, including the necessity of integrity, financial acumen, and the ability to manage both people and projects effectively.Whether you're a new entrepreneur in the cannabis space or looking to refine your business approach, this episode is packed with advice to help you navigate the complexities of the industry and lead your business toward success.Don't miss this opportunity to learn from one of the giants in the industry and gain the edge you need to make your cannabis business thrive. Tune into this episode of Kaya Cast and transform the way you manage, operate, and scale your business in the competitive cannabis landscape.Available on Spotify, Apple Podcasts, and wherever you get your podcasts.---For more resources and to connect with industry leaders, visit the Kaya Cast Podcast website. Stay tuned for more insightful episodes! Find out more about Ryan and Dutchie at:https://www.linkedin.com/in/ryanmunro/https://dutchie.com/https://www.instagram.com/wearedutchie/?hl=enhttps://www.linkedin.com/company/getdutchie/Chapters:0:00 - Episode Highlight0:24 - Intro1:00 - Where should entrepreneurs really, really think about allocating their time that impacts the business the most? 5:03 - Who would you look for in a GM? What characteristics of that person would you look for?10:59 - When you're recruiting for that particular person, do you generally actively recruit or passively recruit?13:28 - Are KPIs a good measure of success anymore?19:22 - Storytelling is the Best Way to Connect21:24 - How long until you realize this person isn't the best fit23:21 - Common mistakes for entrepreneurs25:10 - How far should entrepreneurs set out their goals when they first start?27:04 - How many goals should somebody set when they start a business?28:52 - Marrying Resources with Strategy31:42 - How do you make ambitious goals more achievable?35:56 - How to assess if goals are on the right track?39:11 - What's new with Dutchie?41:53 - Outro#kayacast #cannabis #operations #generalmanager #hiring #podcast #cannabisindustry #businesstips

    Why Most Businesses Fail, From a Successful Cannabis CEO

    Play Episode Listen Later Jun 18, 2024 6:50


    In this illuminating episode of the Kaya Cast Podcast, we sit down with Tommy Truong from KayaPush, a seasoned expert in the cannabis retail sector. Tommy dives deep into why some cannabis businesses thrive while others falter, shedding light on the critical factors that determine success in this rapidly evolving industry.Tommy starts our conversation by addressing a question many entrepreneurs ponder: Why do similar businesses, with equal beginnings, often end up with vastly different outcomes? He reveals that the effective deployment of capital and time are the two key pillars that can either make or break a cannabis business, especially beyond the survival stage.Tommy shares a real-world scenario about tackling customer churn. Through engaging with customers and genuinely taking their feedback into account, the business he was advising began to realign with their brand promise and adjusted its delivery processes, which significantly decreased their churn rate. This story brings to life the potent advice from venture capitalist Paul Graham: “Talk to your customers.”Whether you're a budding entrepreneur or a seasoned retailer in the cannabis industry, this episode is packed with strategic advice and actionable tips to help enhance your business operations, customer satisfaction, and, ultimately, your bottom line.Don't miss this essential conversation for anyone looking to make a mark in the cannabis retail space. Subscribe and tune into the Kaya Cast Podcast for more expert insights and guidance on growing, launching, and scaling your cannabis business. Find out more about KayaPush at:https://www.kayapush.com/podcasthttps://www.linkedin.com/company/kayapush/Chapters:0:00 - Intro0:57 - MVP: Minimum Viable Product1:21 - The Steve Jobs Mentality1:56 - Setting Expectations2:27 - A Friend with a Churn Problem4:04 - Talk to Your Customers4:35 - Questions to Ask Your Customers6:14 - Outro#KayaCastPodcast #TommyTruong #KayaPush #cannabisretail #expertinsights #rapidlyevolvingindustry #capitaldeployment #timemanagement #survivalstage #customerchurn #engagingcustomers #feedback #brandpromise #deliveryprocesses #churnrate #strategicadvice #actionabletips #businessoperations #customersatisfaction #bottomline #entrepreneur #seasonedretailer #cannabisindustry #growyourbusiness #launchyourbusiness #scaleyourbusiness

    Lock up your Dispensary, or Risk Losing It! w/ Aaron Burn

    Play Episode Listen Later Jun 11, 2024 35:59


    In this eye-opening episode of KayaCast, we delve into the critical world of security in the cannabis industry with the expert guidance of Aaron Burn, a seasoned professional and founder of Bri-Bet Security Solutions. Aaron brings a wealth of knowledge and firsthand experience in safeguarding cannabis businesses against the sophisticated threats they face daily. From overlooked vulnerabilities in initial security planning to the dramatic tales of midnight break-ins and high-stakes robberies, Aaron discusses the common mistakes made by new businesses and shares why integrating advanced security measures from the start is not just beneficial but essential. Discover key strategies on:- Effective perimeter security including camera placement and lighting- The significant risks of improper ATM placement - Essential practices for panic button usage and staff training- The benefits of employing both undercover and uniformed security personnel- Tips on selecting the right security firm that aligns with your business values and needsAdditionally, Aaron provides invaluable advice on internal threat management, the importance of armed security in cash-heavy environments, and how to effectively manage security costs without compromising safety.Whether you're a new dispensary owner drafting your first security plan or a seasoned operator looking to enhance your current measures, this episode is packed with actionable insights that could spell the difference between a secure business and a vulnerable one. Tune in to fortify your defenses and keep your cannabis business safe and thriving. Join us on Kaya Cast, where each week, we empower you with the knowledge to grow and protect your cannabis enterprise.Available on Spotify, Apple Podcasts, and wherever you get your podcasts. Find out more about Bri-Bet Security Solutions at:https://bri-bet.com/https://www.linkedin.com/company/bri-bet-security-solutions/#cannabisindustry #security #businessgrowth #businesstips #cannacommunity #kayacast #podcast

    Unpacking STIIIZY's Success with John Malone

    Play Episode Listen Later Jun 4, 2024 44:27


    On today's episode of KayaCast, the go-to podcast for cannabis entrepreneurs, we dive deep into the vault of business scaling wisdom with none other than John Malone, the brains behind the legal team that propelled STIIIZY from obscurity to a dominant powerhouse in the cannabis market.John brings a treasure trove of insider knowledge from his days at STIIIZY, where he navigated the turbulent waters of industry regulations and business expansion. He shares critical insights on the risks of rapid growth without solid infrastructure, emphasizing the importance of being nimble and building a sustainable business at a controlled pace — a lesson some in the industry have learned the hard way. Drawing from his extensive experience, John outlines the critical infrastructure necessary for business expansion: clear capital sources, rigorous financial planning, and core values that guide every decision. He warns against the allure of scaling too quickly and spreading resources too thin, a trap many enthusiastic businesses fall into, which can lead to operational inefficiencies and financial strain.This episode is packed with actionable advice for cannabis businesses aiming to scale wisely and sustainably. Whether you're contemplating your next big move or looking to refine your growth strategy, John's insights are invaluable.Don't miss this detailed exploration of legal strategies, business acumen, and the disciplined growth mindset that can help your cannabis venture thrive in a competitive market. Tune in now and equip your business with the knowledge to grow smart and strong!

    Reefer Madness to Legalization: A Cannabis Story

    Play Episode Listen Later May 28, 2024 4:59


    In this eye-opening episode of the Kaya Cast Podcast, we're joined by Tommy Truong from KayaPush to unravel the complex tapestry of cannabis history and its controversial placement in Schedule One of controlled substances. Tommy takes us back to the early 1900s, explaining how the rise of hemp as a robust alternative to paper played a crucial role in its demonization. We delve into the influential actions of media mogul William Randolph Hearst and the first commissioner of the Federal Bureau of Narcotics, Harry Anslinger, whose combined efforts with misleading journalism and political power dramatically shaped public perception and policy.Prepare to be transported through the decades, from the propaganda-laden era of "Reefer Madness" to the landmark 1937 Marijuana Tax Act, all the way to the pivotal legal transformations in the 1990s and beyond. As states began to challenge federal rulings, the journey culminates with the recent DEA recommendation in May 2024 to reclassify cannabis, potentially changing the game for businesses and researchers alike.Tommy also shares his insights on the implications of these legislative shifts for dispensary owners, and what the future may hold as we approach the possibility of declassification. Whether you're a seasoned cannabis entrepreneur or new to the industry, this episode is packed with historical insights and expert analyses that will enhance your understanding of the legal landscapes and opportunities in cannabis business today.Don't miss this deep dive into the storied past and evolving future of cannabis. Tune into the Kaya Cast Podcast for a blend of history, business strategy, and forward-looking perspectives. Subscribe now to ensure you never miss an episode!Find out more about KayaPush at:https://www.kayapush.com/#kayacastpodcast #kayapush #cannabisindustry #history

    Celebrating 100 (Giveaway)

    Play Episode Listen Later May 21, 2024 3:04


    GIVEAWAY ALERT!!!We hit 100!!! In this special episode, we sit down with Tommy Truong, the host of KayaPush, to celebrate this momentous day.Looking back over our journey, this podcast, with over 3,500 downloads and 25,000 YouTube views, was born from a mission to arm entrepreneurs with the insights needed to navigate and flourish in competitive markets. Whether you're a startup or looking to scale, hearing from over 80 experts has been designed to trim the time and cost on your path to success.To kick off, we reflect on the monumental progress within the cannabis industry, particularly the reclassification of cannabis from Schedule I to Schedule III. This change not only represents a significant societal shift but also offers a tangible financial uplift for businesses within the industry. Tommy weighs in on how these regulatory changes impact operational strategies and open up new opportunities for growth and profitability.Plus, in celebration of our 100th episode, don't miss out on our giveaway of a $100 Amazon gift card! Tune in for details on how to enter, and continue supporting us by following KayaPush on LinkedIn and subscribing to the Kaya Cast on your preferred streaming platform.Whether you are part of our long-time listening community or new to the Kaya Cast family, we want to thank you for all the support over the last 2 years, and stay tuned for many, many more episodes to come.Find our other episodes at:https://www.kayapush.com/podcastFind the giveaway here:https://www.linkedin.com/company/kayapush/#KayaPush100#giveaway#cannabisbusiness #kayacastpodcast

    Reclassification and The Future of Cannabis in the USA

    Play Episode Listen Later May 14, 2024 16:21


    In this enlightening episode of the KayaCast Podcast, we sit down with Aaron Smith, the CEO and founder of the National Cannabis Industry Association (NCIA), as we delve into the significant strides and the ongoing challenges in cannabis legislation. With the recent movement to reclassify cannabis from Schedule I to Schedule III, the cannabis industry is abuzz with potential changes and impacts. Aaron sheds light on what this reclassification truly means, what it doesn't, and the various nuances involved, including the future of cannabis on social media, cross-state sales, and pharmaceutical involvement.Amidst these regulatory changes, Aaron also addresses the pressing questions from our listeners, ranging from the impact on current cannabis-related incarcerations to the implications for direct online sales and medical marijuana. Tune in for an in-depth discussion on the subsequent steps the NCIA is championing on Capitol Hill, the prospects of the Safe Banking Act, and how the cannabis community can support and participate in these pivotal times.Join us for a critical conversation that clears the smoke on cannabis reclassification and offers a glimpse into what's next for the industry.Be sure to subscribe to the KayaCast Podcast to stay updated with the latest insights and strategies from leading cannabis experts and business owners helping you navigate through this burgeoning industry. Find out more about NCIA at:https://www.linkedin.com/company/national-cannabis-industry-association/https://thecannabisindustry.org/https://www.instagram.com/nationalcannabisindustry/https://twitter.com/NCIAorghttps://www.facebook.com/TheNCIA#KayaCastPodcast #CannabisLegislation #CannabisReclassification #NCIA #SafeBankingAct #CapitolHill #CannabisCommunity #MedicalMarijuana #SocialMedia #CrossStateSales #Pharmaceuticals #IndustryInsights #CannabisExperts #BusinessOwners #IndustryUpdates #CriticalConversation #SubscribeNow #StayInformed #KayaCastInsights #CannabisIndustry #IndustryChallenges #FutureOfCannabis #EnlighteningEpisode #LeadingExperts #PivotalTimes #ClearTheSmoke #JoinTheConversation #StayTuned #StayUpdated #CannabisAdvocacy #SupportTheIndustry #StayInformed #StayAhead #KayaCastNation

    Mastering Dispensary Promotions: Learn from Tommy Truong

    Play Episode Listen Later May 7, 2024 8:21


    In this compelling episode of Kaya Cast Podcast, we sit down with Tommy Truong, founder of KayaPush, to delve into the intricate landscape of employee promotions within the fast-paced environment of cannabis dispensaries. Tommy brings a wealth of knowledge and firsthand experiences detailing the challenges and opportunities that promotions can present to a growing business.Tommy starts off by highlighting the critical nature of promotions—get it right and it could propel your business forward, but get it wrong, and you could face months, if not a year, of setbacks. He shares a cautionary tale from the early days of his business, where a seemingly straightforward promotion caused unexpected ripples across the team, leading to dissatisfaction and ultimately, attrition.Throughout the episode, Tommy emphasizes the importance of creating a transparent, merit-based environment where every team member understands how they're being measured and how they can impact the business. He discusses practical strategies such as establishing clear KPIs, maintaining regular communication rhythms, and engaging in one-on-one meetings to not only gauge performance but also to foster individual growth and skill development.Beyond the mechanics of promotion, Tommy addresses the inevitable reality of disappointment that can occur even in the fairest of systems. He advises on how to harness this ambition positively, enabling a focus on personal and professional growth that aligns with the business's needs.Whether you're at the helm of a thriving cannabis dispensary or just starting out, this episode offers vital insights into making strategic, fair, and impactful promotion decisions that support both your team's and your business's growth. Tune in to learn how to handle promotions with a balanced approach that encourages transparency, meritocracy, and team cohesion.Join us on Kaya Cast Podcast for this enlightening conversation with Tommy Truong, and discover how to navigate the complexities of employee promotions to foster a thriving workplace culture.Find out more about KayaPush at:https://www.kayapush.com/podcast-episodeshttps://www.linkedin.com/company/kayapush/#NavigatingPromotions#FairnessAndMerit#KayaCastPodcast#EmployeePromotions#CannabisDispensaries#BusinessGrowth

    Tech Disasters and Triumphs: What Every Cannabis Entrepreneur Needs to Know

    Play Episode Listen Later May 1, 2024 41:05


    Welcome to the KayaCast, your trusted companion for navigating the complexities of cannabis business in the digital age. In today's episode, we're joined by Sarah Kabakoff from MindChef Productions, a seasoned expert with a wealth of experience spanning the food tech and cannabis industries.Sarah brings a down-to-earth perspective on the challenges of adopting new technology in business. She shares candid insights into the common mistakes entrepreneurs make when it comes to tech implementation, emphasizing the importance of taking ownership and staying engaged throughout the process.From understanding your business's unique needs to assessing the support and scalability of potential tech partners, Sarah offers a roadmap for making informed decisions that set your business up for success.So, if you're ready to ditch the tech overwhelm and approach your digital journey with clarity and confidence, join us for this insightful conversation with Sarah Kabakoff. It's real talk for real entrepreneurs, right here on the KayaCast. Sarah Kabakoff is an experienced business leader who has helped to launch thousands of restaurants and dispensaries in the US. Working for notable companies like Aloha, Toast, and Dutchie, Sarah has fostered an environment for growth and knowledge-sharing in the cannabis industry.  Find out more about MindChef Productions at:https://mindchefproductions.com/https://www.linkedin.com/in/sarah-kabakoff-45a516102/https://www.linkedin.com/company/mindchef-productions/https://www.youtube.com/@MindChefProductionsLike what you're listening to? Subscribe to our Youtube channel and download at Podcasts on all streaming platforms!#cannabis #dispensary #cannabisindustry #retail #techstack #technology #AI #kayacast

    From Metrics to Millions: Unlocking Profitability with Naomi Granger (NACAT Pros)

    Play Episode Listen Later Apr 16, 2024 36:50


    *Want to budget better? Try this free template! https://api.leadconnectorhq.com/widget/form/xY8juBT3zNkeFEpO3zBT*Looking to ace your accounting interview? Here are some practice questions: https://api.leadconnectorhq.com/widget/form/ZkoaYYivhC8LO3d23ZerJoin us on Kaya Cast for an enlightening episode with Naomi Granger of NACAT Pros, where we delve into exactly what every business should consider before expanding. As an experienced accountant in the cannabis industry, Naomi shares invaluable insights into the operational metrics that drive profitability.Discover why it's crucial for business owners to understand their operations inside out before expecting profitability from their accounting professionals. Naomi explains how factors such as inventory management, staff training, customer engagement, and marketing campaigns directly impact a business's bottom line.Learn about the significance of tracking KPIs like average ticket price per customer, units per transaction, attachment rates, and customer preferences in different regions. Naomi emphasizes the importance of aligning inventory assortments with customer demands to optimize sales and reduce costs associated with carrying the wrong inventory.But it doesn't stop there! Naomi sheds light on the hidden costs retailers often overlook, such as employee turnover and training expenses. She emphasizes the significance of not just hard KPIs but also soft KPIs, which can significantly impact a business's financial health.Tune in to Kaya Cast for an eye-opening discussion that will equip you with the knowledge needed to make informed decisions and drive your business towards sustainable growth and profitability. Don't miss out on this opportunity to gain actionable insights from a seasoned industry expert!Follow Naomi Granger and NACAT Pros for more valuable tips and updates!Find out more about NACAT Pros here:https://nacatpros.org/https://www.instagram.com/nacatpros/https://www.facebook.com/Nacatproshttps://twitter.com/NacatProshttps://www.linkedin.com/company/nacatpros/#NACATPros#NACAT#Dispensary#Cannabis#Cannabisindustry#Tax#Accounting

    From STIIIZY to Cookies: Running a Winning Dispensary in 2024

    Play Episode Listen Later Apr 9, 2024 39:53


    Welcome to the Kaya Cast Podcast! In this episode, we're delving deep into the world of cannabis entrepreneurship with Mike Wilson, the esteemed CEO and founder of Temeka Group. With over 600 dispensary locations under their belt and a track record of launching successful stores for renowned brands like STIIIZY and Cookies, Mike brings a wealth of knowledge and expertise to the table.Join us as Mike shares invaluable insights on choosing the perfect location for your dispensary business. From neighborhood-focused spots to bustling tourist destinations like Times Square, Mike breaks down the key factors to consider when scouting for that ideal storefront. Discover how to prioritize customer retention over one-time tourist traffic and why investing in a neighborhood market could be the smartest move for long-term success.But that's not all – Mike dives into the nitty-gritty details of building out your store layout, from ensuring ADA compliance to navigating unexpected expenses like HVAC systems. With Mike's guidance, you'll learn how to approach site selection with eyes wide open, avoiding costly surprises and maximizing your return on investment.Whether you're a seasoned entrepreneur or just dipping your toes into the cannabis industry, this episode is packed with actionable advice that could save you hundreds of thousands of dollars. Tune in now and let Mike Wilson's expertise guide you on your journey to dispensary success!To learn more about Temeka Group and stay updated on their latest ventures, be sure to follow them on social media:- Instagram: @temekagroup- Twitter: @temekagroup- Facebook: Temeka GroupAnd visit their website at temekagroup.com for more information!Find out more about Temeka at:https://www.temekagroup.com/cannabis-industry/https://www.linkedin.com/in/mike-wilson-1107a960/https://www.linkedin.com/company/temekagroup/#DispensarySuccess#LocationMatters#CannabisEntrepreneurship#SmartSiteSelection#NeighborhoodVsTourist#SaveOnExpenses#CustomerRetention#ROIFormula#DispensaryTips#ProfitableLayout#TemekaGroup#KayaCast#KayaPush

    Building a Cannabis Coalition: How and Why w/ Gahrey Ovalle from LICC

    Play Episode Listen Later Apr 2, 2024 23:23


    Join us on a dynamic journey through entrepreneurship and cannabis coalition leadership with our special guest, Gahrey Ovalle, President of the Long Island Cannabis Coalition (LICC). From his successful ten-year stint in New York's construction industry to tackling the complexities of cannabis retail in Long Island, Gahrey's story is a compelling narrative of growth, learning, and community leadership. In today's episode, Gahrey dives deep into the origins of his business path, sharing invaluable lessons from his earliest entrepreneurial ventures. He reveals the significance of recognizing and learning from mistakes, the importance of seeking guidance from mentors, and the pivotal moments that led him to shift from a 'how' to a 'who' focused problem-solving strategy.As we explore the cannabis landscape of Long Island, Gahrey paints a picture of the challenges faced due to the gap between municipal leadership and their constituents. With nearly 90% of municipalities opting out of cannabis retail despite a majority desiring access, Gahrey's insights offer a unique look at the ongoing battle for cannabis acceptance and the steps the LICC is taking to bridge this divide.Discover how Gahrey and the LICC navigated these hurdles, the keys to their success, and what you, as members of the cannabis business community, can do to aid the push for cannabis retail and broader acceptance across communities.Don't miss Gahrey's profound observations on hiring the right team members, forming strategic partnerships, and the essential traits needed to lead and innovate within an evolving industry.In this heartfelt conversation, learn how the Long Island Cannabis Coalition is making waves by uniting and educating the community and how you too can join their mission.

    Diversify Your Dispensary: Key Strategies from Mosaic

    Play Episode Listen Later Mar 26, 2024 40:04


    Welcome back to another information-packed episode of the Kaya Cast Podcast, the go-to resource for cannabis dispensaries looking to make their mark in the industry. In this week's episode, we're excited to sit down with Jack Blaeser, a thought leader and innovator from Mosaic, a company renowned for its groundbreaking approach to cannabis business solutions.We kick off the episode with a warm welcome to Jack and a quick introduction to the mission and vision of Mosaic. Discover how Mosaic is changing the game for dispensaries through cutting-edge technology and customer-centered service design.Jack then takes us through the journey of how Mosaic started, reflecting on the challenges and triumphs they faced in the burgeoning cannabis market. He shares invaluable insights on what it really takes to build a successful cannabis brand from the ground up.For those hungry for actionable advice, Jack provides an array of tips and tactics that you can implement right away. From optimizing your product inventory to navigating complex regulations, Jack's expertise shines through in his practical recommendations.We also explore the future of cannabis retail, with Jack offering his predictions on upcoming trends and the direction the market is headed. Plus, don't miss out on our lightning round where Jack tackles the most common misconceptions about scaling in the cannabis industry.Finally, we wrap up the episode with Jack's parting wisdom for new and established dispensaries looking to make a significant impact in their community.So, whether you're a startup dispensary or an established player in the cannabis space, this episode with Jack from Mosaic is packed with knowledge bombs that will help you grow your business and stay ahead of the curve. Tune in, ignite growth, and transform your cannabis dispensary with the insights from today's KayaCast episode!Remember to subscribe and follow the Kaya Cast Podcast for more weekly insights, and don't forget to check out the show notes for links to Mosaic's resources and the strategies discussed in today's show. Keep growing, and stay high on knowledge! Jack Blaeser is the Chief Executive Officer and Founder of Mosaic.green, a cannabis-focused investment platform that connects investors with vetted companies. Jack has been a leader in the cannabis industry for many years, and is a well-respected authority on cannabis investments. He has a deep understanding of the industry and a knack for helping investors make the most of their investments. As a podcast guest, Jack is a valuable resource for understanding the nuances of investing in cannabis business. His experience and insight make him an ideal guest for any cannabis business podcast. Find out more about Mosiac  at:https://mosaic.green/https://www.linkedin.com/in/jackblaeser/https://www.linkedin.com/company/mosaic-green/https://www.instagram.com/mosaic.green/?igshid=MmJiY2I4NDBkZg%3D%3D #InnovativeGrowthStrategies #MosaicMindset #CannabisBusinessSolutions#thoughtleadership #CustomerCenteredDesign#GroundbreakingTechnology#BuildingSuccessfulBrands#ActionableAdvice#NavigatingRegulations#FutureOfCannabisRetail#ScalingMisconceptions#CommunityImpact#TransformYourDispensary#StayHighOnKnowledge#KayaCastInsights

    Mastering Cannabis Business with Tech Guru Eric Schlissel

    Play Episode Listen Later Mar 19, 2024 37:56


    Welcome to another enlightening episode of the Kaya Cast Podcast, where we dive deep into the minds of cannabis industry leaders to bring you invaluable insights for your dispensary's growth and success. This week, your host Tommy sits down with Eric Schlissel, the tech-savvy entrepreneur and founder of Cure8, a company that empowers cannabis businesses with top-notch IT solutions.Here's what we cover in today's episode: 

    Unpacking 420: Grow your Dispensary with Dazed Cannabis

    Play Episode Listen Later Mar 12, 2024 35:34


    Welcome back to the KayaCast Podcast, the premier destination for dispensaries looking to elevate their game! In today's episode, we join forces with Rich Rainone from Dazed Cannabis, a titan in the cannabis business known for their world-class events and unbeatable retail experience. As we blaze our way towards the most momentous day on the cannabis calendar – April 20th (4/20) – hear how Dazed Cannabis approaches this high holiday with precision and exceptional service.Rich discusses staying competitive, staffing effectively for big events, and why every day, including 420, is approached with consistent excellence. Discover how hosting regular events – from grand openings to celebrity meet-and-greets – not only entices customers but also boosts morale among staff, creating a vibrant, fun-filled atmosphere.Dive into the nitty-gritty of what makes Dazed Cannabis stand out with its engaging store environment, where even podcasters are invited to record on their iconic pink couch in New York City! With insights on maintaining an exciting retail space, Rich reveals how this strategy not only captivates customers but gives employees something to rally around.Whether you're a dispensary owner, budtender, or cannabis enthusiast, this episode is packed with valuable strategies to help you prep for the "Super Bowl of Cannabis" and ensure your dispensary thrives year-round. So tune in, get inspired, and let's get ready to elevate your 420 game with insights from the best in the biz, only here on KayaCast!Light up your understanding and growth in the cannabis arena – hit play now, and don't forget to share and subscribe for more high-quality content from KayaCast. If you're eager to turn your dispensary into a community hotspot like Dazed Cannabis, reach out to us at our website for tailored tips and strategies!Connect with Dazed Cannabis:https://www.instagram.com/dazedcanna/?hl=enhttps://www.linkedin.com/in/rich-rainone-4ba596228/Join the conversation on social media with #KayaCast and tag us with your key takeaways from this episode! Rich Rainone is the CEO and Co-Founder of Dazed Cannabis, and is a seasoned entrepreneur with over two decades of experience in navigating the complexities of business ownership.Rich's passion lies in his latest venture, Dazed Cannabis, with flagship stores established in New York City and Massachusetts. As the co-founder, he spearheads a mission to redefine the cannabis retail experience, prioritizing quality products, exceptional customer service, and community engagement in areas hosting their stores. Find out more about Dazed Cannabis at:https://dazed.fun/https://www.linkedin.com/in/rich-rainone-4ba596228/https://www.instagram.com/dazedcanna/ #Celebrating420#SuperBowlOfCannabis#DazedExperience#CannabisEvents#RetailExcellence#420Prep#DispensaryGrowth#CommunityHotspot#KayaCastInsights#DazedCanna#RichRainone#DispensaryTips#ElevateYour420Game#CannabisCommunity#DispensaryCulture#HighQualityContent#PinkCouchPodcasts#DiveIntoRetail#420Strategies#CannabisEnthusiast

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