"we should start by talking about what David has brought oh yeah this is different than a normal podcast yeah yeah yeah I bought a selection of my favorite bowls which my wife makes they're called mell..."

"in the market new consumer you know wants to do more micro dosing really yeah so you know micro dosing I think has revolutionized how I think about you know cannabis consumption yeah right because you..."

"more people buying edibles since its become legalized in California well at least from our standpoint as a distributor the higher velocity items and high volume items that flow through the market are ..."

"a certain segment where people are really taking it up in terms of age or demographic the fastest demographic we're seeing in deck is actually the baby boomers really yeah the they are coming in and t..."

"so I think it stands for cannabidiol if the I don't know how to actually set cannabidiol in a bad I'll yeah and it basically comes from you can actually derive from two different plants like marijuana..."

"lingo yeah or is that not true I think there's I think the lexicon is is continuing to build I mean a lot of people don't know yeah and I think it's kind of like wine yeah right where you have your pe..."

"so when you look at something like a 3:1 CBD or THC CBD they most likely extracted it probably co2 they were left with different compounds then they measured it see what the concentration was and then..."

"distribution exactly so companies called nabis and we basically do distribution like license distribution so we'll basically just move product at a wholesale level in the supply chain okay and what ca..."

"higher level of the business that's a good question I think for me at least it was it's a pretty capital intensive side of the supply chain just because you need to buy all the equipment and machinery..."

"did fundraise we just closed a recent round our seed round rats thanks yeah and it was it was quite different it was quite an ordeal compared to tech or finance or any of the traditional kind of VC fu..."

"was fund raising similarly difficult for you guys for meadow yeah well we went through YC right which i think is an unfair advantage but we were the first company to go through I didn't think they wer..."

"and they don't you know if you've looked at prop 215 and where cannabis was records work I considered evidence so people didn't really keep keep records yeah you know heavy records that's why you hear..."

"yeah and when we apply to YC you know we ended up getting accepted and fortunately as this stuff was happening in Colorado there are a lot of signs in other states legalizing as well I mean in Califor..."

"they angels that could just spend their own money on whatever they wanted for us it was about half half like in terms of capital committed like we we do have a lot of smaller Czech angels just because..."

"I think people had to get really comfortable with the context around cannabis first yeah and so there's a lot of meetings that were just like introductory here's what's going on the space this is wher..."

"know it's popular you have no idea how much weed people are buying yeah I mean for us we kind of say it's the end of prohibition in California and I don't know if this is the case anymore but a couple..."

"distributing a lot of products across California but yeah none are I guess fairly dominant not our dominant in multiple states and I think that's probably a lot of the reason why you don't have like a..."

"what's Janet's coming just federally legalized so I think October 17th was it the date that come they're basically they passed the bill and now it's gonna be fully enacted to be legalized across the c..."

"their stay in the ground for the future yeah and so that's just to you know go back to why isn't there this massive brand it's because there's no capital - right not only do you have all these hoops t..."

"sure things you know on the up-and-up and then they take that cash bring it back to the dispensary and then and that's it and they just kind of go back and forth right it's not it's not like they're i..."

"okay so in on that tax side I'm curious because what is the what's the rate 20 something percent the cultivation tax is per per pound no either trim or full flower and that's a you know 275 or 925 rig..."

"mean we we recently learned so like if you wanted to the City of Oakland passed these just city tax laws that are five percent of gross receipts of sales so it's not just like 5% of your margin it's l..."

"mm-hmm do you find that um people are very brand loyal or do they just shop around and not care um I think people are pretty open to right there there is definitely brand loyalty like pop um Berkeley ..."

"thing that we saw yeah so so July 1 was when they implemented phase 2 testing which essentially was around pesticides and potency and then people that couldn't pass it essentially were DQ'd from the m..."

"that sophisticated yet we're and I'm talking about the supply chain where you have people that do Co packing a co manufacturing or like create this stuff this IP yeah and then oftentimes if you don't ..."

"holding company that manages every other child company so it's there's there's a huge just cost of upkeep of your business as well on like a legal compliance standpoint security and it's just like lic..."

"one-acre cap you know right now if you're growing you have a one acre cap that you can grow in however people have doing stacking so they get a bunch of licenses to stack but once 2023 hits unlimited ..."

"have the capitalization side and with such a small industry that's essentially ceding a lot of ownership to you know the capital markets through either Canadian companies or other bigger companies tha..."

"operators that have built this you know industry and this movement mm-hmm I think you're also gonna see a lot more exporting globally you're always seeing contracts being made with Canada and other co..."

"know joke about yes like your friends getting high but I think it I guess you know to a certain extent it's a strategy to raise awareness as well because that is what captures eyeballs yeah and and th..."

"as a STONER yeah but as we've been moving forward you know you the biggest news that we saw in the last month was Elon Musk taking a puff of one right and it's so it's starting to change you have one ..."

"or advertising out they'll shut you down if you try to advertise that you're selling weed and so yeah yeah so how do you grow influencer marketing so like basically having celebrities or like people e..."

"it's comforts from the right yeah it's not like someone you know made this and you know but I think what's crazy especially in the world we live in with so much hyper connectivity so much dress and li..."

"be in the states it seems like most of the funding and the studies are happening here maps is a really good organization to follow they're the ones that are really pushing the the trials and they're y..."

"anymore yeah for kit for cannabis possession right and another thing that's great is there's a lot of cities that had stacks and stacks of medical cannabis convictions that were coming and just you kn..."

"operations up and running man it's so awesome yeah yeah there's definitely a lot more work that needs to be done like well there's a lot of that's funding right and so Senator Bradford just had a b12 ..."

"are trying and I think the the key and all of this is for the consumer to really recognize that when they're buying you know one of these or like even flow kana flow kana supports artisans small growe..."

"remember definitely the hole I'd do things that don't scale thing I we first started this we had a friend who basically ran like a pre-roll company that was distributing across California and prior to..."