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Dutchie’s Chris Ostrowski On Cannabis, E-commerce, And AI

By Shadd Dales On Oct 31, 2024

On this special episode of Trade To Black, join us for a discussion on the future of e-commerce in the cannabis industry and how it’s expected to grow over the next 5–7 years. Dutchie’s Chief Technology Officer, Chris Ostrowski, is on our podcast to give our listeners deep insight into the rapid evolution of the cannabis industry, trends, technological advancements, and regulatory hurdles.

There’s a great deal to anticipate as far as opportunities in the cannabis space. Even though it was a relatively recently established industry, it’s maturing quickly. In 2020, it was worth about $13 billion dollars, and it’s projected to hit a whopping $150 billion by 2031.

Chris Ostrowski is the CTO of cannabis technology platform Dutchie, and under his leadership he has spearheaded some significant advancements. Dutchie has over $22 billion in annual transactions and serves over 6,500 dispensaries across North America, offering a comprehensive technology platform that includes e-commerce, in-store kiosks, point-of-sale systems, and tools for cultivation and manufacturing, helping dispensaries streamline their customer experiences.

Earlier this month, Dutchie announced the launch of Dutchie 2.0, an update to the product suite designed to offer enhanced personalization features for customers that would resemble the same sorts of personalization available on other platforms like Netflix or DoorDash. This will give consumers the ability to get recommendations specific to preferences without relying solely on budtender input. Plus, we’ll dive into the future of AI and discuss if data and automation could eventually replace the modern budtender.

Looking beyond Dutchie 2.0’s launch, Chris will break down key consumer trends, industry opportunities, and the current challenges businesses face to meet growing demand. With less than a week now to go until the US election, there’s hope that we might see some changes to how to government treats cannabis at the federal level.

Is the industry ready to meet the demands of tech-savvy consumers? Join us to find out!

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Shadd Dales

Shadd Dales is the Founder and President of The Dales Report and has an extensive background in the business media industry.

His work translates into over 15 years in mainstream media that included roles with BNN Bloomberg, CTV Properties and the iHeart Radio Network.

Shadd is considered one of the leading on air talents in both the cannabis and psychedelic space and has interviewed some of the most notable CEO names in the industry.

Shadd’s vision is to establish a content platform that is equivalent to a mainstream broadcast produced in a format that is relevant for today’s investor.