Flora Growth (NASDAQ:FLGC), the first plant-touching cannabis company to list as a direct IPO on Nasdaq, operations are set up in Colombia.
CEO and President Luis Merchan, a veteran of retail and sales, most notably with Macy’s (NYSE:M), knows the salience of delivering on revenue growth and having a strong supply chain.
Advantages of Colombia, cost-effectiveness and experience with growing and exporting commodities. Plans for regional and global expansion. Various barriers of entry across sectors and regions.
Summary:
00:00 – Intro
00:44 – Acquisition of JustCBD
01:24 – Talent, Revenue & Distribution
02:28 – The importance of distribution
04:30 – Future niche products
06:19 – Building a team during the Great Resignation
07:36 – Building revenue with M&As
10:15 – Capital market challenges & opportunities
12:42 – Value via new emerging markets or distressed assets?
14:49 – Stocks prices post Federal Legalization
17:09 – Expanding into the U.S. via Mexico from Colombia
20:06 – CBD dietary supplements & the FDA
21:13 – Biggest Factor: Banking or Federal Legalization?
23:13 – Global expansion into U.K. and Europe
24:06 – How R&D impacts revenue streams
26:18 – Utilizing Influencers
29:00 – Working with Doctors in hospitals in Colombia
30:58 – Goals for 2022 & beyond
32:02 – Exit
Guest:
Luis Merchan, Chief Executive Officer at Flora Growth Corp
https://www.linkedin.com/in/merchanluis/
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 900 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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