Cannabis Unfiltered with Nic Easley

In this episode of Cannabis Unfiltered, Nic Easley sat down with the CEO of KindPeoples, a Santa Cruz, CA dispensary chain, Khalil Moutawakkil. They discuss the history of KindPeoples and how they built their business into the icon of Santa Cruz that it is today. Then they explore the details of how they have adapted and navigated the pandemic to emerge more robust than they were at the start of 2020. Lastly, they look to the future and discuss KindPeoples' plans for growth.   Visit KindPeoples or Get in Touch Website https://www.kindpeoples.com/   Email info@kindpeoples.com 

While you are likely in the throws of the harvest season right now, soon it will be time to invest yourself in developing your plans for next year. In this episode of Cannabis Unfiltered, Nic Easley discusses many factors that you need to consider to establish a robust cultivation plan. We cover a broad range of topics in this episode from variety selection to infrastructure improvements, cover crop selection, access to capital, value-added product opportunities, and more. Whether you're a first-time outdoor cultivator or a seasoned veteran, you're sure to gain some new insights from this episode.

In this episode, Nic Easley discusses key considerations for planning for and building out a cannabis extraction business. Extraction facilities are costly due to the specialized equipment and the construction required to meet food production and laboratory standards. That said we’ve seen 1,800 square-foot facilities doing $54 million in annual revenue. Extractors and manufacturers can significantly increase the margin on their products if they create consumer packaged goods. Selling bulk oils has less of a margin and in most situations is not something we recommend. Tune in for insights gleaned from working with over 500 cannabis companies around the world.

In this episode, Nic discusses the critical importance of proper business planning and facility design for commercial cultivation operations. He discusses the pros and cons of indoor, greenhouse, and outdoor cultivation, as well as the different growing methods. If you’re looking to scale an existing operation there are many things to consider to do so successfully that are discussed in this episode. Nic also talks about how COVID has impacted cultivators and some solutions to challenges that have come up as a result.

In this episode, Nic Easley sits down with insurance broker Trevor Pachis and brokerage consultant Jessica Walker to discuss the types of insurance that are available to cannabis businesses. If you own or operate a business in the space this is an episode you don't want to miss. Understand your risk, and cover your downside.