))
Cannabis Industry Evolution & Future Outlook with Josh Kincaid
Manage episode 454869345 series 3588454
Content provided by Qredible - Cannabis Business Software. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Qredible - Cannabis Business Software or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Josh Kincaid joins the show to discuss his extensive background in finance and cannabis, sharing insights on the industry's evolution and future prospects. With experience as a stockbroker managing a $650M fund and 10 years in cannabis, Josh offers a unique perspective on where the industry is headed.
Key Discussion Points:
- Industry Evolution:
- Early market optimism in 2018-2019 followed by market corrections
- Transition from cultivation experts to professional business operators
- Impact of increasing professionalization in the industry
- Regulatory & Policy Discussion:
- Potential impact of Schedule III rescheduling vs. full descheduling
- Interstate commerce implications
- State-level regulatory variations and compliance challenges
- Banking reform and 280E tax implications
- Market Consolidation & Future Outlook:
- Prediction of significant industry consolidation (potentially 97.5%)
- Geographic concentration of cultivation in specific regions
- Comparison to wine and coffee industry models
- Role of technology and automation in operations
- Industry Challenges:
- Implementation of professional business practices
- Technology adoption and inventory management issues
- Quality control and consistency standards
- Investment landscape and operator requirements
45 episodes
Share
