“I don't want people to think getting in [the cannabis industry] now is a bad idea whatsoever. I think the industry right now is still really looking for a lot of smart people, people that are interested in the kind of like cannabis movement and its progression to maybe full legalization.” - Nate Lipton
In this episode, Shayda Torabi welcomes Nate Lipton of GrowersHouse as he pushes the cannacurious to jump right into the industry and consider scaling to seize the opportunity. Also, listen closely as he shares his valid insights about federal legalization and its effects on interstate transfer of goods. Also, he explains the viability of vertical integration in the continuously maturing industry.
[00:01 – 07:32] Updates on Events and Intriguing Research in New Mexico
[07:33– 18:30] Nate on Cannabis Entrepreneurship - The Getting is Good Right Now
[18:31 – 23:48] The Maturity of the Industry Over the Years
[23:49 – 33:07] Being a Cowboy on the E-Commerce and Ancillary Sides
[33:08 – 42:16] The Blurry Interstate Transfer of Goods Despite Legalization
[42:17 – 01:00:21] Why You Shouldn’t Be Intimidated by Vertical Integration
[01:00:22 – 01:01:31] Food for Thought: What do you think about Nate’s views on federal legalization?
Nate is the Co-Founder and Co-CEO of GrowersHouse.com, GrowersNetwork.org, and CannaCribs YouTube series. He's been in the cannabis industry since 2010 working in cannabis retail, cultivation, and consulting.
Connect with Nate
Visit growershouse.com, https://growersnetwork.org/, and https://cannacribs.org/ and follow him on Facebook, Instagram, Twitter, and LinkedIn @cannacribs @growershouse
Shayda Torabi has been called one of the most influential Women in WordPress and now she’s one of the women leading the cannabis reformation conversation building one of Texas’ premier CBD brands. She's currently the CEO and Co-Founder of RESTART CBD, a female-run education first CBD wellness brand. And has formerly held marketing positions at WP Engine and WebDevStudios. Shayda is the host of a podcast for cannabis marketers called To Be Blunt, where she interviews top cannabis brands on their most successful marketing initiatives. When Shayda's not building her cannabiz in Texas, you can find her on the road exploring the best hikes and spots for vegan ice cream. Follow Shayda at @theshaydatorabi
Key Quote:
“I think those [vertically integrated] businesses are going to be the businesses that are going to have the most staying power in the market and they're going to be the most successful in the market. Because, exactly, you do own your own supply chain and just because you don't think you might be good at one of those [cultivation, processing, and being a dispensary or retailer] aspects. I don't want people to be scared of doing it.” - Nate Lipton
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091 New Mexico State Speculations and Getting Into The Industry with Nate Lipton of GrowersHouse