Navigating the Cannabis Industry: Insights from an Ex-Cop and Industry Expert, Kyle Kazan

What if you could gain exclusive insights into the cannabis industry from a former police officer and industry expert? Join us as we sit down with Kyle Kazan to discuss his unique perspective on the war on drugs and his journey into the world of cannabis. Kyle shares how his experience with private equity and real estate led him to Glasshouse Group, a company that recently achieved free cash flow positive one quarter ahead of schedule.We delve into the history of cannabis in California, exploring the effects of Proposition 215 and Prop 64 on the industry. Learn about the challenges faced by businesses operating off the grid and the implications of federal prohibition, including limited access to banking and capital. Kyle also shares how the book, Americana: 400 Years of American Capitalism, has served as a guide for those navigating the cannabis space.Our conversation doesn't shy away from the importance of safe banking for the cannabis industry and the dangers that businesses face without it. Discover how the lack of safe banking contributes to a shadow banking system and the potential benefits of bringing millions of dollars into the legitimate banking system. We also discuss the impact of crime rates and loss of life due to armed robberies in cash-heavy businesses. Don't miss this fascinating and informative episode with Kyle Kazan.ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off.Don't forget to like, share, and subscribe!Twitter: https://twitter.com/leadlagreport​​​​​Facebook: https://www.facebook.com/leadlagreport​​Instagram: https://instagram.com/leadlagreport​​​Check out Lead-Lag Live on all your favorite podcast platforms.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.See disclosures for The Lead-Lag Report here: https://www.leadlagreport.com/static/termsandconditions Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Support the show