The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Ning: Compliance forced dispensaries to video-record destroying millions in cannabis
“Well, because for compliance, you have to record yourself disposing of the product, whether you burn it or smash it or whatever. There's videos of dispensaries just like as evidence, just like damaging all their products and just basically having this huge dem…”
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”
Ning: Well-capitalized Canadian public companies will drive US cannabis consolidation
“I think part of the whole like consolidation pattern that will Come just because the market's so fragmented right now will be heavily pressurized by Canadian like publicly traded, heavily capitalized companies. Just because they're coming in and they're buying…”
Ning: California requires a licensed distributor for all B2B cannabis transit
“No one can move product between two different license entities without a distributor. So even if you're just like a farm moving your product to a manufacturer, you have to contract out a distributor or get your own distributor's license in order to move it.”
Ning: Hemp CBD is legally sold anywhere unlike marijuana-derived CBD
“And so the hemp based CBD is legal and you can sell that anywhere. So you can get it at like Costco if you want. I've seen like hemp lotion and like all that sort of stuff. But then there's also just like CBD products that are derived from marijuana that can b…”