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High Spirits: The Cannabis Business Podcast - #027 - Corporate Responsibility, Expungement, and the New Jersey Update w/ Chirali Patel

#027 - Corporate Responsibility, Expungement, and the New Jersey Update w/ Chirali Patel

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01/18/24 • 53 min

High Spirits: The Cannabis Business Podcast

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It's Ben's birthday bash of an episode, and we're unwrapping the complexities of DEI, ESG, and CSR within the cannabis sector, with New Jersey's recent advancements serving as our case study. The brilliant Chirali Patel of Blaze Responsibly graces us with her insights, illuminating her influential work on expungement initiatives that both navigate and shape New Jersey's legal cannabis landscape. Her fiery dedication to community and legal advocacy is a beacon guiding the industry towards a more equitable future.
As we explore corporate social responsibility, we go beyond the buzzwords to dissect how cannabis companies are repairing the past wrongs of criminalization. We highlight meaningful partnerships with organizations like Ascend, Ayr Wellness, and Wana Brands that offer a beacon of hope, clearing minor cannabis offenses and uplifting lives. This episode is replete with heartfelt stories of individuals reclaiming futures once stifled by unjust laws, all thanks to these transformative efforts. The discourse then shifts to the profound interplay between CSR and DEI, forecasting a growing trend of outward-facing, socially impactful initiatives that are reshaping the cannabis industry's public persona.
Venturing into the Garden State's cannabis market, we survey the diverse retail operations and the cultivation landscape dominated by multi-state operators. We shed light on New Jersey's market peculiarities, including notable product absences and the urgent need for more topical producers. Furthermore, we scrutinize the state's burgeoning retail expansion and the opportunities it presents, despite challenges such as funding, real estate, and municipal restrictions. This episode peels back the layers of the cannabis industry, revealing both the hurdles to overcome and the ripe prospects for those ready to navigate this green maze. Whether you're an industry insider or simply cannabis-curious, these insights will arm you with a comprehensive understanding of this revolutionary sector.

--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.

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Send us a text

It's Ben's birthday bash of an episode, and we're unwrapping the complexities of DEI, ESG, and CSR within the cannabis sector, with New Jersey's recent advancements serving as our case study. The brilliant Chirali Patel of Blaze Responsibly graces us with her insights, illuminating her influential work on expungement initiatives that both navigate and shape New Jersey's legal cannabis landscape. Her fiery dedication to community and legal advocacy is a beacon guiding the industry towards a more equitable future.
As we explore corporate social responsibility, we go beyond the buzzwords to dissect how cannabis companies are repairing the past wrongs of criminalization. We highlight meaningful partnerships with organizations like Ascend, Ayr Wellness, and Wana Brands that offer a beacon of hope, clearing minor cannabis offenses and uplifting lives. This episode is replete with heartfelt stories of individuals reclaiming futures once stifled by unjust laws, all thanks to these transformative efforts. The discourse then shifts to the profound interplay between CSR and DEI, forecasting a growing trend of outward-facing, socially impactful initiatives that are reshaping the cannabis industry's public persona.
Venturing into the Garden State's cannabis market, we survey the diverse retail operations and the cultivation landscape dominated by multi-state operators. We shed light on New Jersey's market peculiarities, including notable product absences and the urgent need for more topical producers. Furthermore, we scrutinize the state's burgeoning retail expansion and the opportunities it presents, despite challenges such as funding, real estate, and municipal restrictions. This episode peels back the layers of the cannabis industry, revealing both the hurdles to overcome and the ripe prospects for those ready to navigate this green maze. Whether you're an industry insider or simply cannabis-curious, these insights will arm you with a comprehensive understanding of this revolutionary sector.

--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.

Previous Episode

undefined - #026 - Inside Minnesota's Cannabinoid Revolution w/ Leili Fatehi & Laura Monn Ginsburg

#026 - Inside Minnesota's Cannabinoid Revolution w/ Leili Fatehi & Laura Monn Ginsburg

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Hosts Ben Larson and AnnaRae Grabstein dive into the heart of the hemp revolution as we navigate the intricate waters of Minnesota's march towards cannabis legalization. Discover the strides made in the medical cannabis program, the booming hemp industry, and the anticipated arrival of adult-use cannabis. With Laura Monn Ginsburg and Leili Fatehi from Blunt Strategies sharing their firsthand experiences from the 'Minnesota is Ready' campaign, this episode offers a unique glimpse into the legislative processes reshaping Minnesota's approach to cannabis and hemp.
Ready to understand the compelling dynamics between Minnesota's local businesses and the emerging cannabis market? We're peeling back the curtain to reveal how craft breweries are not just fermenting hops but also reshaping public perception of hemp. An in-depth look at the significance of introducing an office of cannabis management spotlights the state's commitment to a seamless industry ecosystem. Our conversation bridges the gap between traditional industries and cannabis, illuminating the collaborative potential in a state where even bowling alleys might roll into the cannabis scene.
Anticipation is high as Minnesota gears up for the green wave of adult-use cannabis legalization in early 2025. Join us as we dissect the minor legislative tweaks and the major role of scientific expertise in rulemaking, ensuring the industry's integration is as smooth as the lakes dotting the state. We wrap up our exchange by acknowledging the invaluable contributions of our listeners and guests throughout our podcast journey, reiterating our commitment to delivering 52 episodes of thought-provoking content this year. Stay informed and elevate your understanding with us in this spirited and insightful episode.

--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.

Next Episode

undefined - #028 - The Complexity of Cannabis Distribution w/ Will Brophy of Nabis

#028 - The Complexity of Cannabis Distribution w/ Will Brophy of Nabis

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Embark on a voyage through the world of cannabis distribution with our esteemed guest, Will Brophy, COO of Nabis, who unveils the secrets of managing the ebb and flow of the wild world of cannabis in California. As AnnaRae and Ben Larson chat with Will, they dive into how Nabis is reshaping the distribution model by empowering brands to take charge of their sales cycles while they handle the heavy lifting of logistics. This episode promises to give you the insider’s perspective on nurturing brand growth, fostering strong dispensary relationships, and ensuring products blanket the state effectively.
Strike up a conversation about the fiscal challenges that keep cannabis entrepreneurs awake at night, and you'll find our discussion on accounts receivable and collections relatable. We take a magnifying glass to Nabis' proprietary credit scores and the formation of a cannabis industry credit group, showing how these tools are essential for brands navigating through financial uncertainties. As we unravel the realities of late payments and cash flow issues, you'll learn how Nabis' strategies not only keep their head above water but also propel them forward in a market that's as volatile as it is vibrant.
We don't just stop at California's borders; we cast our gaze across the nation, contrasting the Golden State's approach with the distribution strategies budding in states like New Jersey and New York. Will guides us through the challenges posed by diverse laws, geographic complexities, and demographic variables, revealing how a tailored approach is key for each unique market. From the COO’s journey of scaling Nabis to the potential future of cannabis distribution, this episode equips you with knowledge as potent as the industry we’re chronicling.

--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.

High Spirits: The Cannabis Business Podcast - #027 - Corporate Responsibility, Expungement, and the New Jersey Update w/ Chirali Patel

Transcript

Speaker 1

Hey everybody , welcome to High Spirits . I'm Ben Larson and , as always , I'm joined today by my smarter half , anna Rae Grabstein . It's Thursday , january 18th . Hey , that's my birthday 2024 . And we have an incredible show for you today . I'm super excited . We're going to be diving into the alphabet soup of DEI , esg , csr with MSOs . It's going to be great . We'll unpack what

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