US Congressman Steve Cohen joins us and shares the steps the government needs to take toward Cannabis legalization: "I think we will have a much better chance at getting bills to the floor that can make it a state law and not a federal law, decriminalize it basically on the federal level, like alcohol, and leave it up to the states to decide whether or not it should be legalized in their jurisdictions for either medical or personal, quote unquote, recreational use."
US Congressman Ro Khanna joins us and shares what it will take to federally legalize Cannabis in the coming years: "We've got to have big wins in 2020, and if we do that, I think this becomes law. But this is an issue like medicare for all, like net neutrality, like the dreamers, like gun safety where 70% of the American public wants one thing and Washington isn't doing that."
US Congressman David Joyce on his evolution of thinking on cannabis, "Once I saw what was happening in California and Colorado and to be truthful, once you saw the tax revenue, you know every state and every county and every city is looking to plug holes in their budget and their taxes. Then you started to watch the flow of it. Then as they start to get more involved, I mean you heard about the businesses that are there and how they were as you said fighting with both arms tied behind their back to exist and doing something that is actually helping folks, I don't deny for a moment that people have pain. We prescribe opioids like they were candy. Why wouldn't we give people the opportunity to have something that actually will take away their pain and make them feel better? The more I got involved and the more I've seen of it, the more I really think time has come.
US Congressman Earl Blumenauer returns to share thoughts on a new paradigm for Legal Cannabis: "Progress in the house is going to promote action in the senate. Things that pass, the administration- particularly now that Sessions is gone (both Jeff and Pete)- will sign. And it's a great run-up to the 2020 election. There will never be another successful anti-cannabis candidate for president again."
Governor John Hickenlooper joins us and shares the complications with other legislators in passing recreational Cannabis use: "With other governors, when they hadn't passed legislation to legalize recreational marijuana, I have historically always said, if it was up to me, I'd wait a couple more years and make sure the data on driving while high, some of these other things ... We're still trying to get good baselines. We don't have good data. But I would push that."
Congressman Carlos Curbelo joins and shares his concerns for those incarcerated for low level crimes: "The more relief we can provide, the better. I think, you know, in the context of criminal justice reform and everything else, most people are coming around to the understanding that excluding people, whether it's locking them up or making it difficult for them to vote or to get a job or anything else, that's just not a way to promote a healthy society. We need to promote healing, rehabilitation."
US Congressman Dana Rorbacher joins us and shares the fearlessness of his posiotion on medical Cannabis legalization: "I took a busload of Senior Citizens, during my campaign, just to thumb my nose at my opponents, saying, "Look, I am proud of the position I've taken on Marijuana. I took a whole busload of them to a cannabis medical center." That was great. It got a lot of attention, but that's fine. I wanted the public to know that's what I was taking the stand on."
Danny Moses joins us and shares his investment insight: "I like the $PrivateMarkets probably just a little bit better here because it's longer duration capital. You don't feel the immediate need to buy or sell something based on a daily move- a rumor that's out there, and so forth."
Betty Aldworth joins us by phone and shares the extent of the growing Cannabis market: "In a new state, there are going to be countless opportunities to influence. I think that if you are based in Missouri and you aren't already having a conversation about how you get placed on a working group or a task force, how you participate in the regulatory process in building up these laws, you are already behind the ball. These groups are being formed now."
Paul Rieckhoff joins us and shares the potential for the Cannabis industry to be a massive job opportunity for veterans: "Think about the economic impact here, and think about the economic impact for veterans. Because veterans are four times more likely to be small business owners, they're extremely entrepreneurial, and we think this is going to be the green revolution, the green industry is going to be a source of jobs."
Our host Seth Adler was recently asked to be a guest on MJ Today and the Green Rush. He was also asked to be a panelist at the Cannabis Media Summit. Each was an opportunity for him to take a seat on ‘the other side of the microphone.’ And so we’ve compiled each appearance here in one episode.
Bob Hoban joins us and shares possible ways forward: "Now, you go forward with the excise tax. That's an example of how the federal government might swallow this legalization notion better. Because, all of a sudden, the dollars that would disappear because the 280E exception, under tax law, prohibits companies from taking the vast majority of expense deductions."
Samantha Walsh and Wendy Mosher join us and share the importance of all the moving parts in cannabis product manufacturing and agriculture: "It's not in the scale of processing. We need all these pieces to come together and we're getting there, but being able to process, ship it across state lines and get it approved in animal feed, all of those pieces need to come together and they're so close."
Kelly Thornton and Cory Sharp join us and share a number of ways hemp can be used in manufacturing and construction: "Straw is going to mold if it gets wet. Critters can get into straw. With hemp, the hydraulic lime is the key to making a concrete alternative which is extremely fire resistant. It's an alkaline material so it's anti-mold and anti-mildew."
Rick Trojan and Morris Beegle on independent agriculture "Farming, manufacturing are subsidized with all sorts of incentives. We don't need that with hemp. Other countries, China? They're killing it on the fiber side. 90% of what Canada grows, we eat. So the market's there, we're just don't have the infrastructure yet. But it's coming."
Nancy Whiteman joins us and shares the transformation of the public view of cannabis as a business: "For the first time people are started to really get a sense of cannabis- not just as sort of a mom and pop- but legitimately large business by any measure."
Tim Cullen joins us and shares the influence of expanding beyond an exclusively verticle integration model: "When you come into the store, there's never less than 15 to 18 strains on the shelf and it's because of that wholesale market that we can do that."
Kristi Knoblich from Kiva Confections joins us and shares the difficulties of preparing for further regulation on the industry: "Even for a company like us that has been preparing for eight years, we still couldn't prepare for everything, because there are so many parts of this that are out of your control and it really takes a village. It doesn't really matter how prepared we are. If our customers are not prepared, if the packaging companies are not prepared, if things get delayed, there's just any number of issues that can come up."
Steve Hawkins joins us and shares what it will take to end cannabis prohibition, "The strategy has been and continues to be inside the Beltway lobbying- walking the halls of Congress- combined with action in the states. There needs to be a chorus of voices that gets louder and louder as more states pass adult-use."
Ben Larson joins us and shares thoughts on public perception: "What we have been finding in the US especially- is that pushing the adult use market is breaking down the stigma- allowing more research, allowing more money to come into the industry."
David Hua joins us and shares how regulations have changed medical cannabis: "Getting a medical card or recommendation wasn't too difficult in Prop 215, and was great as you got your recommendation, you could use it at any medical shop. But starting in 2018 if you had a recommendation, it didn't give you many benefits. You had to go to the state to get an official card in order to get taxes or the state taxes exempt."
Debby Goldsberry joins us and shares her concerns over new regulations on the California Cannabis Industry: "This is prohibition 2.0. It's a regulated market that's designed to keep most people out of the regulated market, and put cannabis into the hands of fewer and fewer people. I think there has been a lot of lobbying done at the legislature here in California by big business trying to keep cannabis in their hands."
Julianna Carella returns and shares how Treaibles is handling FDA regulations: "It's more important to keep the product on the shelf because now we have a situation where animals are relying on it, and last thing we want is for regulators to be confused about it and then pull the product."
Chuck Smith joins us and shares the potential of the States Act and its effect on the industry: "I think for the country to say, 'Look, these are legitimate business people. They're creating hundreds of thousands of jobs and creating a billion dollars worth of tax revenue. We need to treat them like any other industry.' That's what the States Act is all about. Now, we're going to do everything we can to support it."
The Phaxia on investment opportunity: "This is a fantastic period of time for investing in the space. Canada has not waited. They have war chests on their balance sheet of cash, not really much more they can build out in their market, so they're eyeing other opportunities. The US is a huge opportunity set for them. They're coming."