Cannabis Industry Secrets ft. Bruce Eckfeldt host of the Thinking Outside the Bud podcast

Bryan and Kellan sit down with Bruce Eckfeldt, Strategic Business Coach and Host of "Thinking Outside the Bud" podcast, to give some insights into what it's actually like running a business in the cannabis industry. The three talk about: What are the issues that the cannabis industries are facing that are typically overlooked in other industries? Is there a lot of money in the cannabis industry? What aspects of "normal business practices" do non-cannabis companies take for granted? What is the "state line" issue? How do cannabis companies protect intellectual property? How will cannabis companies adjust when federal regulations change? How will the cannabis market shift as legalization attracts "bigger fish?" How will the cannabis industry break down (or segment) after legalization? How will interstate commerce be regulated after legalization, and how can that potentially impact the industry? What's the biggest lesson you have learned from operating in the cannabis space? Which issue will be the first to be tackled once federal legalization takes place? Which issue's resolution will be the most impactful? Chapters: 00:00:00 - Introduction to The Dime with David Shapiro and Special Guest Bruce Eckfeldt. 00:02:08 - Overlooked Challenges in the Cannabis Industry, Including Banking Restrictions 00:04:21 - Obstacles Facing Cannabis Businesses: Banking and Taxation Challenges 00:06:26 - Obstacles in Operating a Cannabis Business 00:08:32 - The Changing Playing Field and Challenges for Cannabis Companies 00:10:34 - Vertical Integration vs. Specialization in Mature Markets 00:12:31 - The Impact of 280E on Cannabis Businesses and the Future of the Industry 00:14:29 - Navigating competition in the cannabis market with big players entering the game 00:16:20 - Predictions for the Future of Big Players in the Cannabis Industry 00:18:42 - Strategic Dynamics in the Cannabis Industry 00:20:39 - The Future of Cannabis Legalization: Big Players and State Restrictions 00:22:36 - Predictions for the Biggest Issues in the Industry and the First to Change 00:24:54 - Finding Bruce Eckfeldt and his Podcast "Thinking Outside the Bud" Stay in touch with Bruce: Website: http://www.eckfeldt.com/ Email: bruce@eckfeldt.com Instagram: @bruce_eckfeldt Twitter: @beckfeldt LinkedIn: Bruce Ecfeldt (@beckfeldt) Podcast: "Thinking Outside the Bud" https://www.thinkingoutsidethebud.com/