Investor Ideas #Potcasts 564, #Cannabis News and #Stocks on the Move; Interview with Danny Keith, CEO of Eighth Icon - manages the #Cheech&Chong Cannabis Brands; @rickydanny @tommychong @CheechMarin
Delta, Kelowna, BC, May 11, 2021 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today’s podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2021/051321-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/05131Interview-CEO-Eighth-Icon.asp
Hear the investor ideas potcast on Spotify
Hear Investor ideas cannabis potcast on iTunes
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com
"Potcast" featuring cannabis news, stocks to watch as well as
insights from thought leaders and experts.
Today’s
podcast is sponsored by Phyto
Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis
extraction, distillation and product manufacturer located in Langley, BC at its
co-located Health Canada Licensed Standard Processing (extraction, no
cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc.
and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs
also has a pending Health Canada R&D license amendment.
In
today’s podcast Investorideas interviews Danny
Keith, President, Co-Founder and CEO of Eighth Icon which manages the Cheech and Chong cannabis brands, where
we discussed opening Cheech and Chong Dispensoria's during COVID-19,
implementing proprietary delivery technology with Cheech and Chong's Takeout,
all while using the cannabis icon's Cheech and Chong's legacy of over 50 years
together.
Danny
Keith is a lifelong cannabis user, Chong
family friend/business partner and founder of Cannabis Club TV which he
recently sold in 2019. He brings decades of entrepreneurship to the company and
can readily identify market trends and apply them with incredible accuracy. His
career spans Action Sports, NBA, Mobile App Development, Startups, Non-Profit,
Internet Ecommerce, Retail Hardtop and Social Media based businesses.
Discussing
the launch of Cheech and Chong’s Takeout and their upcoming Dispensaria’s,
Keith commented, “We came together about a year ago and decided to put together
this company, with the intent of standing up the Cheech and Chong brands in a
way that they deserved and not just a money play, but really to establish a
legacy for them within the cannabis space. Whether they realize it or not, they
were the pioneers of the weed “Icon” status. We saw the opportunity to bring
everything into one house that is effectively able to market, distribute and
sell product seed to sale, while also offering a delivery component which is
what Cheech and Chong’s takeout is, and eventually the Cheech and Chong’s
Dispensaria which we are the one one yard line for one of our locations, which
is very exciting.”
Discussing
launching during COVID-19 specifically, Keith commented, “There was no need for
us to go stand up a dispensary during COVID because we didn’t have a customer
base.Those dispensaries that had customer bases were able to pivot to curbside
pickup, delivery, etc. For us we realized that we were going to focus on our
delivery technology and on our actual flower touching products.”
Keith
continued, “Respective to the delivery component, we’re not trying to become a
delivery company. What we’re trying to do is to help drive delivery business to
our delivery partners and to our retail partners doing delivery and in store
pick up. At the end of the day we just want to be able to send traffic to our
partners in our own ecosphere. The benefit of working with the Cheech and Chong
brand is we have a marketing tool worth millions of dollars, We have an unfair
advantage there. With our delivery component, what we're really looking to do
is, utilizing technology that we’re developing, be able to understand the
metrics of whats going on within our delivery business. How long are our
deliveries taking? How much inventory is being held? What category is selling
best? The emergence of data is what will change the cannabis space as we
continue to move forward, so we are future proofing ourselves and leaning into
that.”
Keith
went on discuss his personal history with cannabis and Cheech and Chong, what’s
next for Eight Icon, as well as his thoughts on the industry as a whole moving
forward.
To
find out more information about Eight Icon visit their website here
Once
again, today’s podcast is sponsored by Phyto
Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis
extraction, distillation and product manufacturer located in Langley, BC at its
co-located Health Canada Licensed Standard Processing (extraction, no
cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc.
and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs
also has a pending Health Canada R&D license amendment.
Investor ideas reminds all
listeners to read our disclaimers and disclosures on the Investorideas.com
website and that this podcast is not an endorsement to buy products or services
or securities. Investors are reminded all investment involves risk and possible
loss of investment.
Learn more about
our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
To hear more
Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
The Investorideas.com
podcasts are also available on iTunes ( Apple Podcasts) , Audible , Spotify, Tunein, Stitcher,
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word mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
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