Improving Commerce for Cannabis Operators Built on a Foundation of Good Data with Vince Ning
Description
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This week, Vince Ning, co-founder and CEO of Nabis (think can-Nabis), joins the Cannabis Equipment News podcast to discuss the regulations that could fix the cannabis supply chain, his thoughts on interstate commerce, how he secured Y Combinator backing, the state of the legal and illicit markets in California and how he is improving commerce for operators by building a cannabis wholesaling platform with the largest portfolio of cannabis brands in the world.
Nabis has a significant presence in California (30% of market), Nevada (50%) and New York (15%) and does more than $1 billion in wholesale transactions (about 5% of the U.S. market) each year, according to Ning.
We also discuss the threatened excise tax in California and Michigan's 24% wholesale tax set to begin January 1, 2026.
United States
