Thursday, 16 December 2021
Investor Ideas #Potcasts 617, #Cannabis News and #Stocks on the Move; Interview with CEO of Psychedelic Water
Investor Ideas #Potcasts 617, #Cannabis News and #Stocks on the Move; Interview with CEO of Psychedelic Water
Delta, Kelowna, BC, December 16, 2021 (Investorideas.com
Newswire) www.Investoride, as.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/2021/121621-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/12161Interview-Psychedelic-Water.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 Pankaj Gogia, CEO of Psychedelic
Water, the first legal psychedelic, mood-boosting, hangover-free fun that has
recently been featured in Inside Hook, Yahoo!, VICE, Business Insider, Financial Post. According to many
testimonials the writer "drank the 'psychedelic water' going viral on
TikTok, and I felt my anxiety melt away." Gogia went on to discuss how
Psychedelic Water came to be, being a pioneer in the Psychedelic space, as well
as how he sees this industry and his company evolving as people’s understanding
and comfort level with Psychedelics continues to change.
Discussing the company’s start,
Gogia commented, “We launched in the US in early 2021 and since then we have
seen massive traction and curiosity. In a period of roughly 10 months we have
had over 40,000 customers and over 12 million views on Tik Tok.”
When asked what factors lead to the
company’s early success and brand traction Gogia commented, “I think the
reality is that we sort of hit a nerve as there is definitely a curiosity
around what’s going on with Psychedelics. I think our name, Psychedelic Water,
I think that by itself is probably the number one factor. I think second is our
packaging and the can. What we have built out there is extremely unique, a
holographic can, and was an extremely hard process to get there. I think
between those two factors, a lot of our marketing has been very organic to be
honest. Consumers love the product and that’s where a lot of our success got
started.”
Psychedelic Water works because it
is the world's first legal psychedelic blend of kava root, damiana leaf, and
green tea leaf extract for an experience like no other. The innovators behind
this global psychedelic experience sold out their first production run and are
rapidly expanding into retail stores nationwide.
When asked about how the company is
looking to expand their product offerings in the future, Gogia went on to say,
“As we started to build out this company what we really wanted to do was build
a brand. We have trademarks with Psychedelic Water and are looking at getting
other trademarks applied to different categories such as Coffee, Tea, Cookies,
etc. What you can expect from our company is a stew of products in the upcoming
years as we grow with success. In terms of formulation as we looked at coming
to market, we saw that a lot of the companies were focussed on Psychedelics in
a more traditional sense, more in Pharma and the Scientific side, but nobody
was looking from a CPG perspective and that’s where we came up with the
concept. What we wanted to do was bring a product to market that was real, so
it does have a psychoactive effect, but is legal, so that’s how we landed on
our current ingredients. We will be adding other ingredients that could have
similar impact but are legal in nature and as and when legalization happens and
continues, we will look at adding more products that contain more traditional
Psychedelics.”
Gogia continued, “It’s been a real
journey for us to normalize Psychedelics into the community. I think we are
creating a new curiosity and removing any sort of stigmas associated with
Psychedelics by having it become more normal and casual.”
Gogia went on to discuss how some in
the Psychedelic community and industry have reacted to the product so far, how
he sees the company evolving moving forward as well as the impact psychedelics
could have on society as they continue to become more normalized.
Psychedelic Water, which just
launched earlier this year, made over $1 million in sales over its first few
months. In addition to being available at www.psychedelicwater.com,
you can now find it on Amazon and in stores around the country.
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,
Spreaker.com, iHeartRadio , Google
Podcasts and most audio platforms available.
Potcasts is now a certified
word mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big
Investing Ideas
Investorideas.com
publishes breaking stock news, third
party stock research , guest posts and original
articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and
IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor
Idea’s original branded content includes podcasts and columns : Crypto Corner , Play
by Play sports and stock news , Investor Ideas Potcasts
Cannabis News and Stocks on the Move podcast ,
Cleantech
and Climate Change , Exploring
Mining , Betting
on Gaming Stocks Podcast and the AI
Eye Podcast.
Disclaimer/Disclosure: Investorideas.com is a
digital publisher of third party sourced news, articles and equity research as
well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Contact management and IR of
each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our
other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of
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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory
Wednesday, 15 December 2021
Wednesday, 8 December 2021
Tuesday, 7 December 2021
Thursday, 2 December 2021
Investor Ideas #Potcasts 616, #Cannabis News and #Stocks on the Move; Interview with Becky Postar COO of HDCS (Higher-Risk Deposit Compliance Solutions)
Investor Ideas #Potcasts
616, #Cannabis News and #Stocks on the Move; Interview with Becky Postar COO of HDCS (Higher-Risk
Deposit Compliance Solutions)
Delta, Kelowna, BC, December 2, 2021 (Investorideas.com
Newswire) www.Investoride, as.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/2021/120221-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/12021Interview-HDCS.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 Becky
Postar, the COO of HDCS (Higher-Risk
Deposit Compliance Solutions), where we discussed the recent move from JP
Morgan to no longer trade in OTC Cannabis stocks, industry banking compliance
today and how it is evolving as well as how banking for the cannabis sector is
expected to evolve and expand with growing demand and regulatory changes.
Becky
is a veteran banking officer of 20 years who has extensive experience in
business development, lending, and compliance training for multiple banks. She
has deep domain expertise in BSA, AML, KYC and the evolving cannabis
regulations.
When
asked about HDCS as well as her background in the industry Postar commented,
“HDCS is a full-service boutique consulting company. Our clients are financial institutions that
either are banking higher risk industries (primarily cannabis and crypto) or
want us to assist with the implantation of a higher-risk compliance program. We
are passionate about guiding financial institutions through the processes of
implementing a risk-focused compliance banking program, including the beginning
steps of research, to implementation and supporting the financial institution
through regulatory examinations, and not just depository services but lending
as well.”
Postar
continued, “I am the COO of HDCS and I am a veteran banker with over 20 years
of experience including both community and big banks with experience in
internal audit, creating and implementing training programs, commercial credit
underwriting and commercial lending. Most recently, I moved into cannabis
banking and have become a subject matter expert in the cannabis industry
specifically around laws, regulations and legislation.”
When
asked about how the recent announcement from JP Morgan has affected HDCS and if
there has been any positives or negatives as far as attracting new clients,
Becky commented, “Uhm, a little bit of both. This could mean even less FIs are
entering the cannabis space but it does solidify why an FI would want to look
into hiring a consulting firm like mine. I am zero % surprised by the
announcement and here is why: This is a net new industry. We do not have the long-term data that we
have on other industries that spans over decades. Some are saying we are
approaching a bubble, not only in the US but another one in Canada, so the
timing for the announcement from JPMorgan is not surprising.”
Becky
continued discussing some of the larger risks and issues facing the cannabis
industry today such as , “Not a lot of large institutions welcome cannabis
related businesses and for most CRBs companies they find it difficult to find
companies willing to work with CRB and when they do, the pricing is much
higher. For example: crop insurance, 401(k) plans and other benefits for their
employees, Armored car services and additional expenses on security and
competing against the black market.”
The
discussion of Federal legislative change continues to hang over the industry,
and in regards to realistic expectations Postar commented, “with the changes in
the Senate as a result of the last election, I thought we would see banking
reform. The SAFE Banking Act of 2021 has bipartisan support to pass, but key
Democrats won’t release it to let it have its time on the floor because they
are demanding broader reform. Most
Americans support reform, but it is going to take some more work to get key
Republicans on board. And how can we do
that? We could start by passing the
research bills that are in Congress and banking reform. Look at alcohol
prohibition, change doesn’t happen overnight so we should pass what we can pass
while working on broader reform.”
Postar
continued, “I mentioned earlier that there will always be a banking shortage
for the cannabis industry, and here’s where we sit today according to the FinCEN Marijuana Banking Update date June
30, 2021: 706 financial institutions filed Marijuana
Related SARs comprised of 518 Banks and 188 Credit Unions with 202,734 total
SARs filed. You compare that to June 30, 2017 with 318 Banks and 50 Credit
Unions and 28,651 total SARs filed. It is safe to say less than 700 financial
institutions have active cannabis banking programs as some of these over
200,000 filings are “Termination” SARs from financial institutions that do not
wish to bank the industry. Me and others in the industry believe this number to
be closer to 200 or less.”
Becky
went on to discuss some of the current banking compliance issues facing the
industry today and how she sees changes on the horizon as well as HDCS’s recent
webinars on the cannabis industry and what many clients are looking for
guidance on.
To find
out more information regarding HDCS visit their website here.
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,
Spreaker.com, iHeartRadio , Google
Podcasts and most audio platforms available.
Potcasts is now a certified
word mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big
Investing Ideas
Investorideas.com
publishes breaking stock news, third
party stock research , guest posts and original
articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and
IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor
Idea’s original branded content includes podcasts and columns : Crypto Corner , Play
by Play sports and stock news , Investor Ideas Potcasts
Cannabis News and Stocks on the Move podcast ,
Cleantech
and Climate Change , Exploring
Mining , Betting
on Gaming Stocks Podcast and the AI
Eye Podcast.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and
equity research as well as creates original content, including video,
interviews and articles. Original content created by investorideas is protected
by copyright laws other than syndication rights. Our site does not make
recommendations for purchases or sale of stocks, services or products. Nothing
on our sites should be construed as an offer or solicitation to buy or sell
products or securities. All investing involves risk and possible losses. This
site is currently compensated for news publication and distribution, social
media and marketing, content creation and more. Disclosure is posted for each
compensated news release, content published /created if required but otherwise
the news was not compensated for and was published for the sole interest of our
readers and followers. Contact management and IR of each company directly
regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other
news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to
regulations of each country. Please read Investorideas.com privacy
policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of
cannabis except where permissible by law. Our site does not possess,
distribute, or sell cannabis products.
Follow us on Twitter https://twitter.com/Investorideas
Follow
us on Facebook https://www.facebook.com/Investorideas
Follow
us on YouTube https://www.youtube.com/c/Investorideas
Download
our Mobile App for
iPhone and Android
Join
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Contact Investorideas.com
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