19 May Future Design Podcast #010 with Blair Jordan – Demystifying the Cannabis Industry
The cannabis industry, by legalization of medical and recreational use, attracted institutional and retail money and created a bubble with sky high valuations. Sound familiar?
This industry was no different to the internet boom or the ICO boom. Exuberant expectations and investment into this industry, bloated the market by over expansion of production, especially in Canada. Cash rich companies (not by profit) had to expand into other countries that legalized cannabis and acquire distribution channels and production facilities. However, many countries had a much stricter regulation around the industry and it fell short of many investors expectations.
However on a positive note, there are more countries looking at this industry, particularly on benefits from tax revenue, job creation and law enforcement cost saving, and there is a chance to re-do this industry all over again in other geographical locations.
Many cannabis companies now have to roll up their sleeves, bluntly re-examine their business model and decide if they need to blow this joint (industry).
Blair Jordan, a restructuring advisor specialized in the cannabis industry, dissects the industry from a business perspective and pulls the covers off of the ever so promising sector.
Guest: Blair Jordan (https://www.restructuradvisors.com/) Host: Takatoshi Shibayama (https://www.blockshinesg.com/future-d…) Creative Producer: Kash Singh (https://www.linkedin.com/in/kash-sing…) Music: ShowNing (https://www.showningdj.com)