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The CannaBiz Success Show: The Highs of Vertical Integration in a Mature Market

by | Jun 26, 2024 | Articles

This article, "The CannaBiz Success Show: The Highs of Vertical Integration in a Mature Market," originally appeared on AndersCPA.com.

Visionary Cannabis CEO and Co-founder of Left Coast Holdings, Willie McKenzie joins Guillermo to discuss cannabis vertical integration, emphasizing the importance of values, policy, and a professional team in the industry. The episode also explores the complexities of tax regulations, the potential rescheduling of cannabis, and the formation of a mastermind community for operators to share knowledge and advocate for industry interests. The conversation concludes with regulatory issues between the hemp and cannabis markets.

“I am passionate about outdoor cultivation; it’s my favorite part of the industry. I love the farms, and I love seeing the plants grow.”

Willie McKenzie, CEO, Left Coast Holdings

Listen and Learn

  • Willie McKenzie’s journey from the legacy market in California to the regulated market in Michigan
  • Challenges in the Michigan cannabis market
  • Importance of values and policy in the cannabis industry
  • Left Coast Holdings’ business model and cannabis vertical integration
  • Challenges faced in the Michigan cannabis market, including price compression and competition from the illicit market
  • Insights on the potential rescheduling of cannabis and tax regulations
  • Regulatory challenges surrounding the hemp industry and its impact on the regulated cannabis market

Episode Resources

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