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Adam Bierman joins us and lays out his priorities for 2018, those being money, markets and the mainstreaming of the industry. On the money side, he certainly noticed the Constellation Brands deal in Canada (it was of course precluded from happening here in the United States). On markets the Medmen fund investing in Canada in MedReleaf went better than expected. On mainstreaming cannabis. They’ve got 6 retail shops in Southern California which Adam sees as the biggest cannabis market in the world. He’s working with the stores and educating the public on the new reality on the ground as of January 1st. And to that end, on mainstreaming, he’s exposing Medmen and legal cannabis to a whole new market with pride and responsibility.

Transcript:

Speaker 1: Adam Bierman returns, returns and lays out his priorities for 2018, those being money markets and the mainstreaming of the industry on the money side. You certainly noticed the constellation brands deal in Canada. Candidate was course precluded from happening here in the US on market. Some admin fund investing in Canada in Med relief went better than expected on mainstreaming cannabis. They've got six retail shops in southern California, which Adam sees as the biggest cannabis market in the world is working with the stores and educating the public on the new reality on the ground as of January first, and to that end on mainstreaming, he's exposing med men and legal cannabis to a whole new market with pride and responsibility. Welcome to cannabis economy. I'm your host Seth Adler. Check us out on social with the hammock and economy that's two ends of the word economy out of Bierman.

Speaker 1: Running hard and running fast, man, nothing's. Nothing's really changed except for most things, right? So like as we go into 2018 here, specifically California regulations are out as we speak. As you go into 2018, you've got your dispensary's. You know, you've got the fund, you've got this, you've got that, let's knock them down as far as your priorities are concerned, every, every month, every year, every week, every day, right? As a, as a whole new world for us in this industry, I'm 2018 being no different, but there are big monumental things taking place, right? So I think we look at the world in regards to money, um, and we look in the world in regards to markets, um, and we look at the world in, in regards to the evolution of the mainstreaming of our industry. Indeed, those are really the three buckets, right? And so on the money side, you have the constellation brands deal that took place up in Canada a few weeks ago, um, houses, what rised were you about that?

Speaker 1: Not at all. Okay. And have, you know, all of this is inevitable, but you know, what a big moment for our industry to have a fortune 500 company, right? A nine figure check into a marijuana business that business happens to operate in Canada is precluded from operating in the United States. Um, which is what helps make that deal, right, helps make that deal happen as an American. How do you feel in regards to the fact that it was not an American company that was a logical, of course the progression of things. It will be, you know, Canada's public markets have been, you know, going crazy on marijuana now for some time. Sure. I think this wave continues for the foreseeable future. You know, you've got a legitimate industry that's a federally regulated, um, happens to be the marijuana industry, but it's being treated like other industries as being banked.

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