“Big misconception is that you need multiple brokers to create transparency and get multiple quotes. This is not the case and invoking many brokers most times make it more challenging for the insured.” In this episode, we uncover the nuances and myths in insuring cannabis-related businesses with Eric Schneider, co-founder of AlphaRoot – a full service insurance brokerage that focuses exclusively in the cannabis, hemp, and CBD space. Some major highlights: Different kinds of insurance...

In this episode, Simone shares this timeless and insightful interview with Karim Webb for Cannabis Business Week back in July 2020 where they talk about: Karim’s journey to entrepreneurship and the impact his parents hadLessons on leadership, workplace culture, and community from his experiences in retailChallenges in operating competitive retail and improving outcomesHow he got into the cannabis industry, 4thMVMT, and social equityThe retail strategies to implement to attract and engage...

In this episode, Simone talks about the challenges of cannabis startups from banking, cash flow, and taking action. Some major highlights: Lessons on cannabis bankingActions to take your business from the startup phase to launch phaseKey areas to master for a successful cannabis startupReflections on New York state cannabis tax sceneTopics for the upcoming episodes (email us!)What do you want to accomplish in cannabis and what it takes  Access the Ultimate Cannabis Startup Checklist to get...

The key is in not spending time, but in investing it. In a 2015 Small Business Pulse Survey, business owners spend only 32% of their time on activities that lead to growth, improved profitability and increased morale. In this episode, Simone challenges you to assess and rethink how you manage your time and tasks affecting your business and your personal life. Grab the Ultimate Cannabis Startup Checklist to get a roadmap to starting a profitable business. Connect with us on Instagram...

Are you having problems with prioritizing? There’s a quick tool that you can use to get out of being stressed and overwhelmed with the tasks that you have on your plate and being a proactive and mindful entrepreneur. In this episode, Simone shares how the Eisenhower matrix, a simple decision-making tool, helps you prioritize better by making distinction between tasks. Download the Ultimate Cannabis Startup Checklist to get a roadmap to starting a profitable business. Connect with us on...

Cash flow is one of the biggest metrics in a cannabis business. In any business, the game is maximizing your cash flow and not just your revenue.    As a startup, how do you maximize your cash flow?  You can master cash flow by having your profit systems setup, having great terms with customers, and having a very clear understanding of your financial obligations.  Cash flow reflects liquidityImportance of your profit systems setupRevenue growth is a big driver of cash flow Join the...

If you’re just starting your cannabis business, you want to make sure that you are setting up your profit systems the right way.  Profit systems for your cannabis businesses include how you set up your accounting, how you set up your invoicing, and how you manage your cash flow through building and using an operating budget, and who is on your profit team. Poor planning at the very beginning of your business will cost you money later. In this episode, Simone shares what to focus on when...

If you’re in the startup phase of building a cannabis business, or if cannabis legalization just passed in your state, you’ve got a lot on your plate. From building relationships, to filing permits, to raising capital.  A common myth among many founders is there is no money until you’ve got the cannabis license.  In this episode, Simone shares what you can do today to start making some money even before you get your cannabis license. Some major highlights: Getting involved in the...

In this episode, Simone shares content marketing strategies and how to measure success. Download the Ultimate Business Checklist to get a roadmap to starting a profitable business. Connect with us on Instagram @cannabisbusinessminds @businesswithsimone. Have any feedback? Shoot us an email at [email protected]. Support the show

In this mini episode, Simone shares some insights on the key things for your profit systems if you’re starting up, operating, and even how to prepare for exit. Still unsure about your business and profit plan? Join the Startup Profit Accelerator today and nail down your profits! Connect with us on Instagram @cannabisbusinessminds @businesswithsimone. Have any feedback? Shoot us an email at [email protected]. Support the show

Get ready to be blown away in this jam packed episode with Lance Lambert, Marketing Expert, Cannabis Advocate, and the go to on the International Cannabis Scene. Lance has spent years cultivating brands and telling stories, formerly in the mainstream digital media and marketing space prior to making the jump to the legal cannabis industry. Lambert joined the Denver Post team in late 2013, just as they were launching their cannabis industry-specific news site, The Cannabist. It was a natural...

Blockchain, 150 million USD lost, and the fraudsters still haven’t been caught. In this episode, we interview Alejandro Gil and discuss one of the biggest frauds in Cannabis to date: Juicy Fields. If you’re interested in reading more, check out Alejandro’s article in Investor Times https://investortimes.com/a-textbook-exit-scam-the-juicy-fields-case-in-detail/. Ready to nail your business and profit plan? Join the Startup Profit Accelerator today!...

Every business experiences an ebb and flow but seasonal businesses experience these all the more. In this mini episode, Simone shares how you can understand your business better to keep your seasonal business. Ready to be more confident in your sales and marketing strategies? Join the waitlist today on Startup Profit Accelerator: https://www.cbmnetwork.com/courses/spa. Connect with us on Instagram @cannabisbusinessminds @businesswithsimone. Have any feedback? Shoot us an email at...

Revenue is one of the key metrics in any business. In this mini episode, Simone talks about 3 different ways you can build more revenue in your business and increase your profitability. If you’re interested in learning more sales and marketing techniques for a profitable business, join the waitlist on Startup Profit Accelerator: https://www.cbmnetwork.com/courses/spa. Connect with us on Instagram @cannabisbusinessminds @businesswithsimone. Have any feedback? Shoot us an email at...

In this mini episode, Simone challenges you to think out of the box and work on abundance. Ready to make more profit in your business with the right mindset and strategies? Join the Startup Profit Accelerator today! https://www.cbmnetwork.com/courses/spa Connect with us on Instagram @cannabisbusinessminds @businesswithsimone. Have any feedback? Shoot us an email at [email protected]. Support the show

In this mini episode, Simone talks about how you can quickly assess your profit to allow you to make smarter finance decisions in your business. If you’re looking for best practices in cannabis accounting, make sure that you check out THC Finance Bootcamp (https://www.cbmnetwork.com/bundles/thc-bootcamp) which will give you access to tools, templates, and training on cannabis accounting. Connect with us on Instagram @cannabisbusinessminds @businesswithsimone. Have any feedback? Shoot us an...

Are you prepared for a cyber attack?  Did you know that 43% of cyber attacks are aimed at small businesses but only 14% are prepared to defend themselves? In this episode, we interview cyber expert Corey White to give us a lowdown of cyberattacks and how small businesses can protect themselves and be cyber protected. Corey White is a proven security industry veteran with more than 25 years of success building and implementing security strategies and leading consulting teams. His work...

Eye cream cannabis? In this episode we unpack the benefits of what cannabis can do to your skin and building a cannabis skin care business in California with Bridget May and Kim Howard of Green Bee Botanicals. Some major highlights: How to stand out and show your brand in a crowded marketplaceHow cannabis can help with skincareBuilding a business in turbulent times in CaliforniaCannabis wellness startup Green Bee Botanicals was founded by Bridget May, a botanist and chemist who left the...

A quick update from Portugal and what's in store for Cannabis Business Minds.  Support the show

Did you know that at 8% cannabis actually has a higher rate of female CEOs than most other industries? In a 2019 study, nearly 37% of executive-level positions in the field were held by women, whereas the national average for other industries is only 21%. In this episode, we talk with Rachelle Gordon, a journalist and copywriter focused on cannabis and psychedelics. We dive deep into what’s happening in the cannabis and psychedelics industry, pain points, potential solutions, and how women...

Did you know that, on average, it takes 20 impressions for people to remember a brand?  In this episode, we talk to Liam McGreevy, a business executive with two decades of experience and a successful track record in developing businesses in disruptive market sectors, particularly in healthcare and wellness. Liam has established a reputation for finding solutions to regulatory barriers, engaging effectively with legislators, and driving business and brand growth. We dive deep into getting...

Illinois made history in January 2020, becoming the first state to prioritize a social equity program for business licenses in their cannabis legislation. On today’s show, I talked with an amazing team who went through the social equity process.  From healthcare to starting and running a vertically integrated cannabis business, I get the pleasure of chatting with Nakia McAdoo, Maria Davis, and Crystal Anderson of MJO Farms. These amazing women have dedicated their careers to health and...

Did you know that it takes more than 20 touchpoints to engage with a prospective customer before they buy from you? With so much noise in the digital space, the limits for cannabis businesses to advertise on traditional social mediums because cannabis is a schedule 1 substance and federally illegal in the US (come on META, get with the changing tide), you want to be creative and engaging with your marketing dollars in cannabis. One of the most effective ways of engaging marketing is...

Did you know that the annual cost of compliance to operate a cannabis business is estimated to be $200,000? Unfortunately, many cannabis businesses spend thousands of dollars on SOP books that are never used and don't understand how to implement compliance measures effectively in their business.  We get a veteran of the cannabis industry, Logan Goolsby originally worked on the regulatory side under four different Directors with the Marijuana Enforcement Division while the State of Colorado...

Did you know that It’s not illegal for financial institutions to engage with legally operating cannabis related businesses – even if the CRB is not in the same state. The SAFE Act is only codifying what is already being done. CRBs have a right to the same banking services as other small businesses for their safety, peace of mind, and ability to scale their business.   Kevin Hart, Founder & President of Green Check Verified, Inc., joins us in this episode as we dispel myths and dive deep...