Asset-Light, Market-Ready: Strategic Expansion for Cannabis Operators

🔥In this episode, we discuss different market strategies and asset-light models for expansion into legal cannabis markets for new and existing operators.

Watch the Full Episode Here: • Asset-Light, Market-Ready: Strategic Expan...

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Episode Information
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In this episode of Under the Microscope, host Jenny Germano discusses asset-light, market-ready expansion for cannabis operators with guest Xavier Jaillet, an Associate Attorney at McDonald Hopkins Law Firm. Jenny and Xavier explore various models for expanding cannabis brands into new markets, including license acquisition, business purchases, and licensing agreements. They dive deep into the benefits and challenges of partnering with existing operators, emphasizing the importance of due diligence, written agreements, and clear communication. The discussion aims to help cannabis operators navigate expansion strategies effectively while mitigating risks.

🌿 Our Host: Jenny Germano
🌎 https://www.icsconsultingservice.com
🌿 Our Guest: Xavier Jaillet, Associate Attorney
🌎 Xavier on LI: / xjaillet
🌎 McDonald Hopkins Law Firm: https://www.mcdonaldhopkins.com
🌿Xavier is also the Chair Colorado Chapter and Secretary of The Board for The Cannabis Chamber of Commerce: https://www.thecannabischamber.com

📢 If you're just starting out on our YouTube channel, watch this video first! • Getting Ready to Get Ready | Becoming an O...

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IG: ➡︎ / / ics_consulting_service
LI: ➡︎ / linkedin.com/company/under-the-microscope-with-jenny

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⏰ Timecodes ⏰

01:33 Xavier's Journey in the Cannabis Industry
05:38 Challenges and Opportunities in Cannabis Expansion
08:35 Three Models for State License Products
15:47 Expansion by Licensing Agreements
22:09 The Realities of Partner Selection
27:03 Navigating State Regulations
27:42 Understanding Royalty Percentages and White Labeling
30:41 Vetting Potential Partners
38:51 Pitfalls and Written Agreements
41:41 Allocating Liability and Economic Terms
45:28 Starting Low and Going Slow in Business
48:40 Final Thoughts & Wrap Up

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Here are Ways to Work with ICS Consulting & Jenny
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✨Cannabis Business Launch - Get Your Location Open
✨Cannabis License Applications and Specification Writing - Win a License
✨Regulatory and Cannabis Operations Audits - Create a Culture of Compliance
✨Custom Compliance Programs for all License Types - Navigate Federal Standards
✨ Fractional Compliance for all License Types - Compliance Support
✨ Expand into New and Emerging Cannabis Markets - Strategic Compliance Plan

⚡️For Business inquiries, please go to ➡︎ https://www.icsconsultingservice.com

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#cannabistalk101 #cannabis #cannabiscompliance #openacannabisbusiness #cannabisoperators #cannabisdaily #marijuananews #cannabiscultivation #cannabisbusiness #marijuanachannel #cannabisdispensary #cannabisoperations #cannabislaw #cannabispackaging #cannabispodcast #cannabislife #cannabisnews #podcast

💡 Our mission at Under the Microscope with Jenny Podcast (ICS Consulting) is to help new and existing cannabis operators navigate compliance and regulatory landscape in the cannabis industry.💡

📅 New Episodes Every Wednesday at 10am MST.

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