Built for Consolidation, Guided by Icahn-Like Discipline, and Poised for Cannabis’ Next Iteration, ft Jared Maloof

Setbacks early on can reshape everything.They can alter your future strategy, shift your appetite for risk, and — if you’re patient — quietly set you up for success while others chase growth at any cost.As with any company, “figuring it out” is part of the job. And sometimes, that figuring it out happens faster than you’d ever hope.The challenges you face early in your cannabis journey become the lens you see the world through — for better or worse. Those lessons, combined with the financial discipline from previous chapters of life, shape your decision-making, your culture, and your tolerance for this chaotic industry.And as cannabis braces for consolidation and a $6B debt wall, that slow, methodical approach might prove to be the ultimate advantage.This week we sit down with Jared Maloof, CEO of Standard Wellness, to discuss:• How early mistakes built long-term discipline• Why focused, prudent capital deployment became Standard’s superpower• The playbook across Utah, Ohio, and beyond• Conversations with Carl Icahn Chapters00:00 Introduction to the Cannabis Journey02:55 Transitioning into the Cannabis Industry06:10 Challenges in the Early Days09:07 Expanding into New Markets11:58 Navigating Regulatory Differences15:06 Operational Efficiencies and Vertical Integration17:55 The Future of Cannabis Expansion25:52 Navigating the Licensing Landscape27:40 Market Dynamics and Qualifying Conditions29:12 Interstate Commerce Considerations31:43 The Impact of Hemp on the Cannabis Market34:25 Consumer Perception and Market Competition38:20 The Future of Cannabis Beverages40:16 Opportunities Amidst Industry Challenges44:20 Leveraging AI in Cannabis Operations46:15 The Importance of Uplifting for Industry GrowthSummaryIn this episode, Bryan Fields and Kellen Finney engage with Jared Maloof, CEO of Standard Wellness, to explore the evolving landscape of the cannabis industry. Jared shares his journey from finance to cannabis, detailing the challenges faced in Ohio's market, the strategic decisions made for expansion into states like Utah, and the complexities of operating in a highly regulated environment. The conversation also touches on the impact of external factors, the role of AI in operations, and the future prospects of the cannabis market.Guest Links:https://www.linkedin.com/company/standard-wellness-company/https://www.standardwellness.com/https://www.linkedin.com/in/jaredmaloof/Our LinksBryan Fields on TwitterKellan Finney on TwitterThe Dime on TwitterExtraction Teams: Want to cut costs and get more out of every run? Unlock hidden revenue by extracting more from the same input—with Newton Insights.At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry.The Dime is a top 5% most shared  global podcastThe Dime is a top 10 Cannabis Podcast The Dime has a New Website. Shhhh its not finished.🎥 YouTube:  The Dime📸 Instagram:  The Dimehttps://www.newton-insights.com/  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.