High Rise: Cannabis MSOs, Products & Market Analysis

Welcome back to the High Rise! We are very excited to try out a new format that’s quite a bit more focused and attention span friendly for everybody.
So what is this new format exactly? We are shorting our laid back data back conversations to be about 15 minutes each and dropping 2 episodes per week.
With so much happening in the industry on any given week, we think snack-sized episodes that are dedicated to just one topic will make for a better overall listening experience and actually help with being able to retain the information therein...especially for those of us who are cannabis forward.
We’d love to know what you think of this, please feel free to comment on social media and let us know how it’s going.
On this episode Cy and Emily talk about the cannabis beverage category and the latest move by The Boston Beer Company. This longtime beer producer just announced a new drink that's slated to be released in Canada first. They call it ‘TeaPot’ and it’s got some interesting specs that seems to be a departure from the seltzer fad that’s been all the rage for a while now. Stay tuned as our hosts break this down further and provide some interesting perspective on what this means for the category, the Canadian market, and for The Boston Beer Company.

https://drinkteapot.com/about-us/

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This week on the High Rise our hosts Cy Scott and Emily Paxhia have a fun and fascinating conversation with Troy Datcher, CEO of The Parent Company. Datcher represents the first time a Black CEO has lead a major public U.S. cannabis organization. Previously in his career he served as Senior Vice President and Chief Customer Officer at The Clorox Company where Troy was responsible for the Company’s worldwide sales organization. During his tenure, Datcher deployed global sales plans for over $6.7 billion in annual revenue across The Clorox Company's vast portfolio of brands...no big deal. Mr. Datcher’s business acumen has lead his career down many other interesting paths, including NASCAR and The Procter & Gamble Company.

In this episode Cy and Emily start off by learning about Troy’s background and what lead him down the path of becoming a cannabis CPG company leader. Then the conversation moves into talking about the California market and likening it to being like an endurance athlete training at altitude — highly competitive and always breeding the best outcomes.

From there, our hosts dive into The Parent Company’s outlook for the year ahead and their brand portfolio, where authenticity and connection to the plant is a guiding force for being able to speak directly to consumers. Finally they discuss social equity programs and why it is such an important mission for the cannabis industry to get right.

We say it every week, but we think you’re going to really enjoy this episode. Troy was such a fun guest to have join us for another great conversation on the High Rise. Please remember to rate and subscribe to us wherever you get your podcasts and be sure to tell your friends about us!

https://www.linkedin.com/in/troy-datcher-9a84664/

https://ir.theparent.co/governance/executive-management/default.aspx

https://www.josephineandbillies.com

https://www.peakz.com

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In this episode of The High Rise, Cy and Emily explore the exciting developments surrounding Alabama's upcoming medical marijuana program. Join them as they discuss the state's journey, from the signing of the program into law in 2021 to the preparations for the launch expected this year. Delve into the details of Alabama's medical marijuana program, including the licensing process, product categories (gelatinous cubes any body?) its potential impacts, and the overall cannabis landscape in the state.

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Join Cy and Emily as they uncover some of the buzz around Maryland's initial weekend of legal cannabis sales. Plus, get a nice little breakdown on 4th of July sales trends across the U.S. cannabis industry, delving into the evolving dynamics of cannabis consumption that occurs during this festive summertime holiday.

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Hello and welcome back fellow High Risers! We have another industry information packed episode for you once again.

Cy and Emily get right into it with a little cannabis business events recap from MJ Unpacked in New York to Lyft&Co in ’Trono’

After that our hosts talk about the state of New Jersey’s successful first month of adult use legal cannabis ($5 per week) amazing.

Continuing on, the conversation stays on states news, where we learn that Delaware’s current governor has vetoed a legalization bill — maybe it’s not as bad as it sounds. Meanwhile The ocean state Rhode Island is fired up and ready to go with adult use cannabis, excited to hear about small but mighty sales to come out of there soon.

Concluding, Cy and Emily discuss JW AM suing RIV and Samuel Adams getting into the beverages category by releasing an infused tea...so customers can enjoy tea parties more often.

Thank you as always for streaming in to the High Rise, we look forward to serving up many more laid back, data backed conversations for you each week. Please remember to like and subscribe!

https://www.headset.io/industry-reports/the-new-jersey-cannabis-market-the-first-month-of-sales

https://grownin.com/2022/05/23/185-illinois-adult-use-dispensary-licenses-might-finally-officially-be-awarded-this-friday/

https://www.prnewswire.com/news-releases/riv-capital-announces-receipt-of-application-in-connection-with-etain-acquisition-301553474.html

https://www.prnewswire.com/news-releases/the-boston-beer-company-introduces-teapot-a-new-line-of-cannabis-infused-iced-teas-301552330.html
https://quartr.com

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