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🌿 Cannabis Justice
Kim Kardashian and VP Kamala Harris convene at the White House. Plus, what are marijuana consumers really looking for?
TGIF Cannabis Investors! As the weekend approaches, here's where to buy the most affordable high-quality cannabis.
Plus, check out our exclusive interview with Ascend Wellness EVP Rebecca Koar from the Benzinga Cannabis Capital Conference.
Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.
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TOP STORY
Briefly: Variety, pricing, technology or strength of the THC component? What are consumers really looking for when shopping for cannabis products?
Who: John Hartmann, CEO of Ascend Wellness Holdings, contributed to a conversation about how to best attract retail consumers at the Benzinga Cannabis Capital Conference in Florida on April 16-17.
Quoted: “I think having a really well-balanced menu that meets the needs of a variety of customers is something we’re focused on."
Who Else: According to Kyle Sherman, founder and CEO of Flowhub, the tech is crucial. "It’s funny tech is such a behind-the-scenes thing, right?" he asked. "It’s pretty easy to forget that."
What Else: Pricing, assortment and promo strategy are among the most important value points in cannabis, C3 Industries’ co-founder and CEO Ankur Rungta said.
Click here to read more insights from the panelists.
PRESENTED BY VINOVEST
Let’s talk about a little-known secret that’s upending the whiskey supply chain.
Some of the most prominent names in the industry are outsourcing a critical (and lucrative) piece of the value chain: the whiskey aging process.
Many brand name operators are moving their casks off balance sheet, which has blown the distillery door wide open for investors who want a piece of the action. How does it work? We’re glad you asked.
Take this recent real-life deal structured by Vinovest:
In a type of sale and repurchase agreement, Vinovest executed a contract with a major whiskey brand to buy 125 barrels of American Single Malt at $1,350 per barrel and store them for five years. At the end of that aging process, said brand agrees, contractually, to buy the lot back at $2,800 per barrel, bottle it, slap their label on, and bring it to market.
TLDR: Investors, in exchange for their capital and patience, can earn a handsome return for owning full casks of whiskey during the aging process.
Will you seize the opportunity to profit off the American whiskey industry?
Explore Vinovest and take a call with a whiskey specialist today.
ZINGERS
GOP Senator Tim Scott's Fentanyl Bill Signed Into Law, Freezes And Sanctions Assets Of Mexican Cartel
Marijuana Reform On Fast Track In These States As Senator Schumer Stresses The Need For A Bipartisan Effort
Wana Brands To Enter New Era: CEO Endorses 'Fantastic Leadership Team' As Succession Nears
Investors Shuffle Stock Positions In Aurora Cannabis: Beyond Earnings, Liquidity Looks Appealing
A coalition of 20 U.S. Democratic lawmakers sent a letter on Wednesday to the Drug Enforcement Administration and Department of Justice saying 'It's Time To Act' on cannabis rescheduling.
ONE MORE FOR THE ROAD
Briefly: Continuing her commitment to criminal justice reform, businesswoman and celeb Kim Kardashian met with Vice President Kamala Harris to discuss new strategies for addressing marijuana policies.
So Basically: The meeting, which took place at the White House, highlighted President Joe Biden's recent use of clemency powers, particularly for non-violent offenses.
Historically: Kardashian has been a vocal advocate for criminal justice reform, notably influencing policy during the Trump administration alongside Jared Kushner.
So What? This collaboration between Kardashian and Harris not only underscores the ongoing reform efforts but also showcases the influential role celebrities can play in shaping public policy and social justice.
KEEP READING
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