Raymond Chang is the CEO & Chairman of the Board for Agrify, the largest provider of cannabis and hemp cultivation solutions, as well as the managing director of NXT Ventures, an early-staged investment fund based in Boston.
Raymond is a serial entrepreneur and founded GigaMedia, the first broadband internet company in Asia. In 2000, the company went public on NASDAQ and raised US$280mm, one of the largest IPOs for an Internet company prior to 2000. Raymond also founded Luckypai, a leading TV shopping company in China which he sold to Lotte Home Shopping for US$160mm.
Summary:
00:00 – intro
00:43 – the business model
02:01 – Agrify’s revenue
03:21 – Leasing cannabis equipment
06:43 – Growing inside the box
09:22 – Cannabis S.O.P.s
12:48 – Pivot to retail & MSOs?
15:09 – The journey to IPO
18:39 – M&A valuations
20:57 – pot stock valuations
22:44 – Vertical Integrated Agriculture
26:30 – final thoughts
27:28 – outro
Using data, science, and technology, Agrify helps cultivators grow smarter, grow better, and grow profitably. As the most vertically integrated solutions provider in the cannabis and hemp industry, they deliver the future of growth with proprietary technology and a comprehensive ecosystem of products and services.
With Precision Extraction and Cascade Sciences recently joining the Agrify family, Agrify continues to deliver quality and consistency from cultivation through extraction and post-processing operations.
Guest:
Raymond Chang, Chairman & CEO of Agrify (NASDAQ: AGFY)
https://www.linkedin.com/in/raymondnchang/
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 973 The #TalkingHedge…
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
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