The number in your head and the number you actually need are not the same number. That gap is where most cannabis businesses break.

Joe Lustberg has financed operators across the country for years and watched that gap swallow businesses that looked fine on paper. He has also spent over two years paying rent on a Hamptons dispensary he cannot open because a municipality tried to rezone his property out from under him. The person telling you to build in 1.5X as your burn capital cushion has been living inside exactly the scenario he warns everyone about.

When the lender financing your industry has lived the same nightmare, the advice changes.

This week we sit down with Joe Lustberg, to discuss the following

NY Regulatory Battlefield
280E Gone: What Changes
Lending Specifics

Chapters

00:00 Navigating the Cannabis Landscape: A Personal Journey

02:51 Understanding the Financial Risks in Cannabis Operations

06:01 The Importance of Burn Capital for Cannabis Startups

09:02 Lending Dynamics in the Cannabis Industry

11:55 Market Trends and the Future of Cannabis Financing

14:51 The Impact of Rescheduling on Cannabis Operators

18:01 Identifying Strong Operators in a Competitive Market

21:05 Evaluating Financial Health: Key Indicators for Success

26:01 Evaluating Limited Markets: The Ohio Perspective

28:24 Navigating Unique Financing Requests

29:12 Surprising Success Stories in Cannabis Financing

32:04 The Importance of Experience in New Ventures

35:46 Identifying Undervalued Markets in Cannabis

38:00 The Future of Cannabis Markets and Interstate Commerce

Guest Links

https://www.linkedin.com/in/joseph-lustberg-23076722

Our Links:

Bryan Fields on Twitter

Kellan Finney on Twitter

The Dime on Twitter

Extraction Teams: Want to cut costs and get more out of every run? Unlock hidden revenue by extracting more from the same input—with Newton Insights.

At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry.

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