In this cannabis exclusive on The Dales Report, we welcome back our guest Nicholas Vita, the CEO of Cannabist. We think 2024 could be a monumental year for the cannabis industry. We’ll be looking at specific companies that are worth keeping an eye on. Be sure to subscribe to find out who we’re watching and why it should be important to you.
We last spoke with Nicholas in September about Cannabist Company Holdings Inc., it’s future, and how and why they metamorphized their brand from Columbia Care. Nicholas Vita shares his thoughts on the history and growth strategies employed in the cannabis industry, starting with an introduction to the company’s trading platforms.
Learn about the company’s strategic efforts, their approach to providing a personalized experience, and addressing the diverse needs of its clientele. You’ll learn how the industry caters to consumer preferences while also balancing the need to offer a consistent and reliable product and build branding around it.
Luck and timing have their parts to play. We’ll discuss how this has impacted Cannabist’s growth alongside the impact of recent federal government actions. We also touch on the potential $1-2 billion market and addresses the issue of states potentially taxing canna sales in response to federal prohibition.
Listen as Shadd, Anthony an Nicholas discuss the trajectory of the industry’s growth and the prospects of regulatory changes in cannabis. Incremental steps, we feel, are more probable than comprehensive transformations. Local control and industry expertise are driving factors. The importance of affiliating with a US exchange experienced in global capital markets is highlighted, with CBOE’s significant market share serving as an example.
* In accordance with an executed agreement between The Dales Report and The Cannabist Company Holdings, The Dales Report is engaged with the aforementioned on a 3-month contract for $7,500 per month, with the purpose of publicly disseminating information pertaining to The Cannabist Company Holdings via The Dales Report’s media assets, encompassing its website, diverse social media platforms, and YouTube channel. Compensation for The Dales Report services involves the receipt of a predefined monetary consideration, which may, on certain occasions, encompass ordinary shares in instances where monetary compensation was not obtained. In such instances where share compensation was received, The Dales Report hereby asserts the right to engage in the acquisition or disposition of such shares subsequent to the conclusion of the aforementioned contractual period, in compliance with provincial, state, and federal securities regulations. Please refer to the “Disclosures” section below, which is to be interpreted in conjunction with this disclaimer.