Investor Ideas #Potcasts
633, #Cannabis News and #Stocks on the Move: Interview with CEO of CONBUD and
CONBODY @conbodynyc
Delta, Kelowna, BC, June 3, 2022 (Investorideas.com Newswire), investorideas.com, a global news
source covering leading sectors including marijuana and hemp stocks and its potcast site release today’s podcast edition of cannabis news and stocks to watch plus insight
from thought leaders and experts.
Watch
the video on Youtube
https://www.youtube.com/watch?v=MN-LYhfLzb0
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2022/060322-Cannabis-CONBUD-CONBODY.mp3
Read this in full at https://www.investorideas.com/news/2022/cannabis-potcasts/06031Interview-CONBUD-CONBODY.asp
Hear Investor ideas cannabis potcast on iTunes
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Today’s podcast overview/transcript:
In today’s podcast,
Investorideas interviews Coss Marte,
CEO and Founder of CONBUD and CONBODY, where we discussed Marte’s
incarceration and how he developed CONBODY, how he plans to bring CONBUD to New
York as well as the difficulties in starting a legal cannabis operation in New
York.
Discussing how
CONBODY led to CONBUD, Marte commented, “It’s been a long journey. I got into
CONBUD because I saw how unfair the industry has been with rich white business
owners taking over the industry, while people like myself who have actually
been affected by the war on drugs, specifically cannabis, can’t take advantage
of it. New York State is creating a bold move by stating that the first 200 to
300 licenses will be going to people like myself.”
When asked about
his hopes for CONBUD Marte commented, “I feel so hopeful that I meet these
qualifications. It’s a lot to start a business from the ground up. I feel like
I can really give people a second chance, who have been in my position, and
really hire people who have come out of the prison system to come work for me.
It’s not going to be easy but let’s see if we can get it. We have solidified
our first location now, and we are looking for another two, since the State has
said we can open up three at one go.”
When asked what the
biggest difference has been when it comes to hiring from within the Prison
system, Marte said, “What they bring to
the table is loyalty, hunger and really wanting to be part of it. My retention
rate for employment has been at least 4 years and I’ve been able to hire over
50 people coming out of the prison system. Anybody who’s working with me wants
to stay with us, and they may not have the technical skills or educational
skills at the moment but they will work their butt off. We’ve built an
incredible relationship with the parole office, where we can have a
communication line open to prevent these b.s. technical violations that mess
people’s lives up.”
Marte continued,
“On the Parole side they don’t test for marijuana anymore. Back in the day when
I was on parole, every time I went into the parole office someone was getting
violated for dirty urine, and I was going every week. It’s great to see that
they’re being progressive and they’ve taken that away from violating people.
They’re growing with the movement. On the federal side I think it’s still so
messed up that people are still getting incarcerated for marijuana while other
people are becoming multi-millionaires for taking advantage of the industry.”
When asked about
the illicit operations in New York and how he sees the legal market unfolding
Marte commented, “I trust that the system will work. They’ve been sending a lot
of cease and desist letters, and I feel like if you got one of those letters, it’s
going to be really difficult to transfer over to legal work after they gave you
a warning. I’m trusting the process and that New York city is going to do the
right thing.”
Coss Marte recently
spoke at TedxBerkeley 2022 where he went into much more
detail on what it’s like to hire from prison the system and the potential of
untapped talent and how this impacts his strategy for CONBUD.
Marte went on to
discuss some of the crossover potential between CONBODY and CONBUD in the
future, expectations for CONBUD and when he expects New York to come online, as
well as the future of the industry in general.
To find out more
information about CONBODY click here.
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