Marijuana Business Magazine - May-June 2018

lNSlGHTFUL lNDUSTRY OBSERVATlONS What They’re SAYING “The bro culture is big in cannabis. In the last year there is more of an awareness than there has been in the past. I think we’re going to get this right.” – Barinder Rasode , CEO of Niche Canada and founder of women’s speaker series SheTalks, on the low percentage of women who hold board seats with public cannabis companies in Canada (21.6%) and the United States (19.9%). Source: Marijuana Business Daily “I think a supply shortage is imminent. The state is going to have to realize the program is broken before they come up with solutions to fix it.” – Jackie McGowan , director of local licensing and business development for California-based K Street Consulting, on an expected cannabis shortfall July 1, when only marijuana products that meet state testing standards can be sold in California. Source: Marijuana Business Daily “Hemp has carried some cachet in the last couple years, especially to younger consumers. To younger consumers, this is new, this is hip, this is legal.” – Jeff Lenard , spokesman for the Virginia-based National Association of Convenience Stores, on California-based Marijuana Company of America’s plans to produce hemp-based, low-dose CBD products for sale in convenience stores. Source: Marijuana Business Daily 144 • Marijuana Business Magazine • May-June 2018