Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 624: Interview with Marlo Richardson, California Cannabis Entrepreneur
Delta, Kelowna, BC, February 8 2022 (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/2022/020822-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2022/cannabis-potcasts/02081Interview-Marlo-Richardson.asp
Hear Investor ideas cannabis potcast on iTunes
Hear the investor ideas potcast on Spotify
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.
In
today’s podcast, Investorideas interviews Marlo Richardson, a licensee who owns
and operates a cannabis grow in California where we discussed what it’s like to
deal with and how to handle red tape -- or excessive bureaucracy, rules and
formalities in cannabis in California?
Marlo
has a number of brands she supplies and partners with. Owning and operating a
cannabis grow-op comes with red tape on all levels. A letter to the California
state governor states, “The opportunity to create a robust legal market has
been squandered as a result of excessive taxation, 75% of cannabis in the state
is consumed in the illicit market, is untested and unsafe”.
Marlo
who runs an above board certified and legal business is no stranger to
bureaucracy and explained how she keeps her cannabis businesses running despite
high bracket taxation, specifically her experience navigating red tape and how
she competes with the black market.
A
recent article from MJBiz Daily discussed the growth of the
cannabis industry in California stating, “More than a dozen California cities
are opening new recreational cannabis licensing opportunities this year, either
by embracing the legal marijuana industry for the first time or by increasing
the number of available business permits.”
Commenting
on the issues with the many social equity programs and why many are still
frustrated with the lack of results from these programs, Richardson said, “The
problem is that when we have these great people introducing these programs,
they’re not always in a position to follow through. They do what they can but
it’s pretty difficult to follow, let's say $100,000 that you’ve got granted to
a certain area, to make sure that the money goes to who it’s supposed to. It’s
not necessarily the people at the top, but the people in the middle who are
taking care of people they know or taking care of people that will give them
some sort of kick back. I don’t think it’s going to stop because at the end of
the day people will always take those kinds of risks.”
Richardson
went on to discuss some of the other issues facing social equity programs, the
burden of taxation in California as well as how she has personally stayed
competitive in such an expensive and competitive market.
To
find out more aboutMarlo Richardson click the links below.
Instagram:
@MsMarloNicole
YouTube: Marlo Nicole Business Bullish
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.
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