#136 - Operating in Canada vs the US (ft. Everett Knight, EVP of the Valens Company)

In this episode we go back to where it all started – the Canadian cannabis market! We are joined by Everett Knight who is Executive Vice President at the Valens Company. Everett has a very interesting background as he was an institutional investor in Cannabis as early as 2013. He has toured over 200 cannabis facilities between the US and Canada, investing on both sides of the border. He experienced significant investment success in the early days before deciding to “get in the game” by join Valens. Because Everett has experience on both sides of the fence he has a unique perspective - the ability to think through the investment implications of the industry but have a view to the inner operational side of the business. Similarly, Valens has operations in both Canada and the US (including a new NASDAQ listing).  We have a very honest conversation about:  - what Canada looked like early on - why Canada is so challenging as a market - how Canada compares to California (and other unlimited license states) - Valens financial performance and outlook for 2023 - what will happen to Canada over the next 2 years? Thanks to Everett for joining us. You can follow him @ https://twitter.com/smallcapfund or contact Valens IR @ https://thevalenscompany.com/contact/