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>> WE GO, WHAT HAPPENS IF
NEW YORK RUNS OUT OF WEED,
DISTRIBUTORS HERE WARNING IF
LAWMAKERS DON’T MAKE A DEAL
BY TOMORROW, THE LEGAL GANJA
WILL STOP FLOWING, MARIJUANA
LICENSE EXPIRES JUNE 1.
UNLESS RETAILERS HAVE A HUGE
STOCK PILE, THEY ARE NOT
GETTING ANY STUFF TO SELL,
THEY HAVE HIGH HOPES,
LICENSES WILL BE EXTENDED BY
END OF THE WEEK BUT AFTER
TWO YEARS OF LEGAL GREEN,
AND 20 PLUS YEARS ELSEWHERE,
HOW ARE LAWMAKERS STILL
SCREWING UP SOMETHING SO
SIMPLE, SCWHROIPING ME
JOINING ME, NUMBER ONE
CANNABIS WHOLESALING
PLATFORM IN ALL OF
CALIFORNIA EDDIE FRANCO IS
HERE.
>> THANK YOU MY PLEASURE.
KENNEDY: ARE YOU SURPRISED
THAT NEW YORK IS SCREWED UP
THE LICENSE PROGRAM?
>> I CAN’T SAY I’M TOO
SURPRISED.
I’M NOTE FRUSTRATED I’M AS
YOU MENTIONED HOPEFUL THIS
WILL BE RESOLVED BY THE END
OF THE WEEK, BEING SOMEONE
WHO COMES TO YOU FROM
SACRAMENTO, FEELS LIKE SAME
STUFF IN A DIFFERENT STATE.
KENNEDY: CALIFORNIAS HAVING
THEIR OWN DIFFICULTIES AS IS
OREGON, WE KNOW THAT -- WE
TALKED ABOUT THERE IS SUCH A
GLUT OF CANNABIS IN OREGON,
PRICES HAVE GONE FROM 3
THOUSAND DOLLARS AN OUNCE OR
POUND TO 100.
>> A POUND.
>> YEAH, WE SAW SIMILAR
DYNAMICS IN CALIFORNIA.
KENNEDY: WHY CAN’T YOU JUST
SELL IT?
WHAT IS THE PROBLEM?
JUST CREATES A GREATER BLACK
MARKET, THEN YOU HAVE
PERFECTLY GOOD CANDICE THAT
CANNABIS THAT ROTS IT’S’
PLANT.
>> IT IS, YOU KNOW, A LOT OF
THIS GOES INTO WHY I’VE BEEN
IN THIS CRAZY INDUSTRY FOR A
WHILE, WE SEE OURSELVES AS
ANOTHER CONSUMER PACKAGED
GOOD WE’RE REGULATED AND
MAYBE SHOULD BE LIMITED TO
ADULTS LIKE ALCOHOL OR
TOBACCO OR SOMETHING.
BUT, I FEEL IN MANY WAYS,
STATES REGULATORS LOOK TO
REINVENT THE WHEEL OR TRY
SOMETHING DIFFERENT WHEN
REALLY, IN MANY WAYS WE’RE
JUST ANOTHER PLANT, ANOTHER
CONSUMER COMMODITY.
KENNEDY: WHAT STATE HAS CAN
RIGHT?
CALIFORNIA IS NOT DOING IT
RIGHT, NEW YORK IS SCREWING
IT UP, IS THERE ANYWHERE,
WHERE THERE IS LEGAL
RECREATIONAL CANDICE
CANNABIS WHERE STATES FIGURE
OUT HOW TO SIMPLIFY IT AND
NOT TOO EXPECTSIVE AND
COMPLICATED IN.
>> I WOULD SAY THAT ANSWER
WITH LIKE MOST THINGS IN
CANNABIS IS NOT STRAIGHT
FORWARD, WE NEED TO LOOK AT
ASPECTS THAT CERTAIN STATES
GOTTEN RIGHT AND WRONG IN
CALIFORNIA, I AGREE THERE IS
SO MUCH THAT NEEDS TO BE
DONE BETTER.
A LOT OF WAYS WHERE
REGULATION CURTAILED THE
SUCCESS OF LEGAL INDUSTRY.
OUR TESTING STANDARDS WORK,
THEY HAVE BEEN PROVE ABLE,
THEY WORK, THEY KEEP PEOPLE
SAFE AND THEY ARE WORKABLE
FOR OPERATORS, WE COULD TAKE
THAT FROM CALIFORNIA PAIR
THAT WHERE THE WAY THAT
WASHINGTON FOR EXAMPLE, IS
DOING A POLICY AROUND SALES
BETWEEN LICENSEYS THAT IS
WORKING, TOO SAY A GRAB BAG
OF DIFFERENT APPROACHES THAT
I THINK WILL WORK, I WOULD
SAY NOT -- THERE IS NO ONE
STATE THAT HAS CAN
COMPLETELY RIGHT,
PARTICULARLY WITH A FEDERAL
GOVERNMENT THAT IS STILL
OPPOSED TO IT.
KENNEDY: IT WOULD BE EASY
FOR PRESIDENT TO SIGN ANTIC
TIC ON TO EXECUTIVE ORDER TO
GET RID OF THAT CONFUSION.
>> THERE ARE A LOT OF STEPS
THAT PRESIDENT, FEDERAL
GOVERNMENT ITSELF THAT
FEDERAL LAWMAKERS COULD TAKE
TOO EASE THE BURDENS OF
LICENSES.
THERE ARE CERTAIN THINGS WE
COULD DO TO BRING RELIEF.
KENNEDY: AND THERE IS SO MUCH NEEDLESS CONFUSION.
I HAVE BEEN AND SHOT AT
SEVERAL DISPENCERIES, PEOPLE
ARE TRYING TO TO THEIR
BEST.
SO THEY KNOW THERE IS
TESTING AND QUALTO CONTROL,
AND THE GREAT THINGS BUT
RIGHT NOW, A LOT OF PEOPLE
STILL BEATING THEIR HEAD
AGAINST THE WALL.
I AM SURE THE INDUSTRY WILL
CONTINUE TO EVOLVE, EDDIE.