Conference speakers offer their best advice about overseas markets, public safety and having an exit plan – all delivered via cyberspace
As the top minds in the global cannabis business gathered in Toronto in August for Marijuana Business Daily’s inaugural international conference, our staff was on the ground, sharing the best strategies and advice gleaned from conference sessions with followers of MJBizDaily via Twitter and other social media platforms.
Nearly 80 speakers from Europe, the Middle East, Asia, the Caribbean, Latin America, South America and Australia revealed their strategies for carving out a business niche as well as how to take North American businesses overseas.
What follows are some of the top advice-oriented posts from this new annual event.
Jeanette VanderMarel, Good & Green
“We don’t know Canada’s consumer preferences yet, but come up with something innovative with a solid team and a good evaluation.” @jeanettern1 says about cultivators moving to value-added products. #MjBizConINTL #mjbizcon
Brendan Kennedy, Tilray
“We’re in the midst of a global paradigm shift,” Tilray’s Brendan Kennedy says. “Trusted brands with a multinational supply chain and strategic partnerships will be the ones that win.” #MjBizConINTL
Jennifer Sanders, CNS Equity Partners
“Don’t go into this industry without overestimating your profits and revenue stability, expecting the law to protect you or establishing an exit plan,” Jennifer Sanders says in our Business Insights session track. #MjBizConINTL #mjbizcon
Brendan Kennedy, Tilray
“You can’t outsource due diligence. You need boots on the ground.” @BrendanTKennedy, CEO of @tilray, offers up business insights in his opening keynote of #MjBizConINTL
Lilac Mandeles, Cann Pharmaceuticals
“With medical #cannabis, the two big barriers are patient access and physician education,” explains Lilac Mandeles of Cann Pharmaceuticals. #MjBizConINTL
– Alison Wood, @aliwoodtoronto, Alison Wood Consulting
Trina Fraser, Brazeau Seller Law
“When advocating for change (in the #cannabis industry), advancing public #health and #safety should always be at the forefront.” @trinafraser #MjBizConINTL
– Alison Wood, @aliwoodtoronto, Alison Wood Consulting
Bob Hoban, Hoban Law Group
“There’s a new three-letter word that’s going to keep us up at night – FDA instead of DEA,” Bob Hoban says in the Intellectual Property, Ownership and Legal Concerns session. #MjBizConINTL #mjbizcon
Bruce Linton, Canopy Growth
“If you’re a craft grower, you’re not going to sponsor research. There’s a lot of things you can’t do without scaling.” @BruceLintonCGC @CanopyGrowth #MjBizConINTL #MJBizCon
