cannabis

8 statements across 1 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Oct 11, 2018 by David Hua · across every show →

Everything said about cannabis, oldest first

Oct 11, 2018 positive
Opinion
Hua: Evaluating cannabis terpenes is comparable to wine tasting
“I figured we would be able to smell a lot of different flowers so you can get the terpene profiles. I think it's kind of like when you do wine tastings. So I think that's important.”
David Hua Oct 11, 2018 ▶ 0:18 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018
Insight
Hua: Cannabis-induced anxiety is usually caused by excessive dosing
“And most people, you know, when they get too paranoid or they get a little bit like anxious, they just did way too much. They have to just, they're just way sensitive. So dial it back, keep dialing it back until you can then add a little bit more.”
David Hua Oct 11, 2018 ▶ 5:51 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018 neutral
Insight
Ning: Vice clauses in LP agreements block institutional VCs from cannabis
“For a lot of institutions that can write larger check sizes they have LPs for their funds that basically they sign LP agreements that say, like, you can't invest in certain vice industries like gambling or alcohol or Weed, of course.”
Vincent Ning Oct 11, 2018 ▶ 18:44 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018 negative
Assertion Supported
Hua: 67% of California lacks local regulations, blocking state cannabis permits
“33% of the state that has some form of local laws, and then 67% of the state that has no laws whatsoever. And because of that, you have this disconnect between state law where you can get your permits, but you can't get a permit unless you get your local permi…”
David Hua Oct 11, 2018 ▶ 27:45 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018
Prediction Partly held up
Hua: California adult-use sales will hit $3B while medical collapses
“Last year we probably did three billion dollars in medical sales. This year we'll probably do as much of that in adult use sales and medical will be a fraction of that. Maybe, you know, half a billion if we get there.”
David Hua Oct 11, 2018 ▶ 27:30 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018
Assertion Partly supported
Ning: 80% of US cannabis historically came from California
“A couple years ago including the black market, 80% of the cannabis in the United States came out of California”
Vincent Ning Oct 11, 2018 ▶ 24:05 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018 neutral
Insight
Ning: Extensive crossbreeding makes nearly all modern cannabis strains hybrids
“But then at the end of the day, there's so many different varieties of strains that and nowadays with the crossbreeding of all them, everything seems to be somewhat of a hybrid a strain.”
Vincent Ning Oct 11, 2018 ▶ 3:06 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018 neutral
Prediction Not checkable as stated
Ning: Federal cannabis reform remains several years away despite state progress
“I think it'll probably be another few years before anything federally changes. And more and more states will continue to pass favorable regulations towards cannabis. So a lot of them will start out by decriminalizing it and then making it medicinally available…”
Vincent Ning Oct 11, 2018 ▶ 42:53 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
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