Happy Monday, Boss!
Marijuana business news mogul Cassandra Farrington is on the pod, the senate voted to pass the Farm Bill, FDA approved Epidiolex (the first cannabis derived drug), grannies are trimming flower and Emily post's great-great granddaughter is elevating canna-use decorum.
Stand in your power and show up for yourself. - Jac
On the podcast:
This week I’m talking to Cassandra Farrington. Cassandra heads up the cannabis industry leading daily news website Marijuana Business Daily and its family of content resources for the B2B cannabis marketplace, including the internationally recognized family of MJBizCon conferences. Previously a Vice President at Citi, she earned her MBA from the University of Texas, McCombs School of Business. MjBizDaily was co-founded by Cassandra and her business partner in 2011. It is now the most established ongoing business to business news organization serving the cannabis industry. Essentially, it's the wall street journal of cannabis.
In this episode, we chat about how MJ Biz was born and the business pivot it made early on to serve customer needs better, growing MJ Biz from newsletter to multi-million dollar media organization, the core fundamentals that define how MJ Biz is run and that make it so successful, the unique opportunity women have both as business owners & consumers in the cannabis space and the opportunity for businesses to serve women consumers, the growing role of tech & finance in cannabis and the need for women to grow a greater presence in those areas, drawing your line in the sand as a company and defining what your company stands for. It's a juicy one. Click below to tune in!
Renewed purpose. 5 senior ladies, that call themselves Old Lady Clippers, are enjoying their golden years tending to the green at Acreage Pharms. "Retirement isn't all it's cracked up to be. You get very lonesome. I was very happy to come [get] involved because ... the facility which means a lot to the people in Peers, and it's done a lot to make us all feel really important. So we're very proud." CBC
Mind your manners. Emily Post's great-great granddaughter is bringing etiquette to cannabis. As more states legalize, Lizzie Post shares her best practices for public and social consumption. “As we’re getting used to cannabis being legalized, it’s a really nice consideration because we as a society are still not used to inhaling and exhaling things indoors and in front of people the way we were in the 40s.” BevNet
Starter pack. A new program has been launched by the Vermont Cannabis Nurses Association offering free cannabis clones to Vermonters currently being prescribed opioid medication.“I recently lost another friend to opioids,” said Jessilyn Dolan, spokesperson for VTCNA, “and I feel like we need to start doing more. We need to educate and support people to consider the healing power of cannabis in place of or in addition to opioids.” Heady Vermont
Perspective. Photographer Maria Levitov's beautiful new photo series, Trail Blazers, features cannabis users from all walks of life. Westword
Real talk. Managing Director of Hyper Ventures and CFO of MTech Acquisition Corp.,Tahira Rehmatullah, shares her frank thoughts about the current state of women and minorities in the cannabis industry. "Most women that you will find, particularly ones who have executive roles, are more in products...you’re not seeing them in some of the more traditional segments like technology and investing...It’s also disproportionate when it comes to race and minorities who are in the space. Cannabis now is starting to look a lot like Wall Street. When I started in this space four years ago, it looked very different and very quickly it changed to white men in suits." McGill International Review
Serial builder. Cozy Q&A with StockPot Images founder, Ophelia Chong. Entrepreneur And if you missed our podcast ep with Ophelia,you can listen here.
Doc in charge. Khiron Life Sciences Corp. has announced Dr. MariaFernanda Arboleda as its new Medical Director. "Dr. Arboleda's international professional experience and knowledge in Pain Management and Palliative Care will be fundamental to Khiron's mission to educate doctors and their patients around the potential to improve their quality-of-life through the use of cannabis-derived medicinal products." Westword
"There is a special place in hell for women who don’t help other women." - Madeleine Albright
Learnings + Resources(in or out of cannabis):
Money. Being a successful, fast-growing startup doesn't always mean getting VC funding and giving up equity
Leadership. Self-awareness tips for leading with positive impact
Action. How to navigate the murky waters of cannabis marketing
Education. The Unconscious Bias Women Have Against Women
Growth. The woman CEO who changed my life -- and the lessons she taught me about business success
In case you missed it:
Check out last week's episode with Diane Czarkowski, co-founder of Canna Advisors. We chat about Diane's pioneering work in the cannabis industry, her experience leading the premier canna consulting firm, her thoughts on the current state of the industry, and where she sees it going, what one needs to do to begin the process of opening a dispensary, a common mistake often made on licensing applications, her vision for the future of cannabis, her advice for women interested in getting into the space, and how to get involved in lobbying congress with the National Cannabis Industry Association.
So you know:
How the new FDA-approved pot medication could change legal weed RollingStone
Schumer introduces bill to federally decriminalize marijuana CNN
U.S. Senate votes to legalize hemp after decades-long ban under marijuana prohibition NewYorkTimes
Oklahoma legalizes medical marijuana Entrepreneur
Former NFL player becomes business development director for Illinois-based cannabis company Forbes
Namaste exceeds 6000 medical cannabis telemedicine application registered users New Cannabis Ventures
Cigarette maker Imperial bets on medical cannabis WallStreetJournal
Joe Rogan challenges Ted Nugent over marijuana views MarijuanaMoment
New marijuana banking reform roadblock has CEOs doubtful about solutions Marijuana Business Daily
Netflix's 'Cooking On High' is a low-brow look into the cannabis cuisine scene Forbes
In a twist, marijuana group wants more rules WallStreetJournal
Marijuana test strips give immediate indication of pot CBS
Corona owner's marijuana investment reaps $700 million Bloomberg
Ice Cube's Big3 allows CBD use Entrepreneur
A 27-year-old got $1 million in funding for his cannabis idea Forbes
How sophisticated branding aims to make you rethink cannabis 99u
Around the research way:
Appraising the "entourage effect": antitumor action of a pure cannabinoid versus a botanical drug preparation in preclinical models of breast cancer PubMed
Inadequate regulation contributes to mislabeled online cannabidiol products Pediatric Neurology Briefs
Survey data: No increase in youth marijuana use in Colorado post-legalization NORML
Legalization leads to increased marijuana use, but evidence of "Gateway Drug" lacking LiveStories
Marijuana baseline health study report of findings Mass.gov
In new survey, parents say their cannabis consumption improves family viewing experience and engagement Miner & Co
Patterns of medicinal cannabis use, strain analysis, and substitution effect among patients with migraine, headache, arthritis, and chronic pain in a medicinal cannabis cohort The Journal of Headache and Pain