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Scaling the 13th Largest Medical Marijuana Company in Florida - Brady Cobb - Founder of Sunburn Cannabis [Replay]
Manage episode 417049860 series 3560640
Jake Wurzak द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Jake Wurzak या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Selling weed is in Brady Cobb's blood. Using shrimp boats and a suntan lotion company as a cover, his father, Bill Cobb, ran one of the country's largest pot smuggling enterprises in the 1980s, until the federal government arrested him and shut down the $300 million ring during "Operation Sunburn."
The younger Cobb became a lawyer and cannabis lobbyist before founding his own marijuana company, Bluma Wellness, which he sold in April 2021 to Cresco for $213 million in an all-stock deal. In November 2022, Cobb took his father's rich history of smuggling and launched Sunburn in Florida, a vertically integrated dispensary chain with nine retail shops.
Sunburn is the 13th largest medical marijuana company in Florida, the company is valued at $105 million and will generate around $50 million in revenue by the end of its first year in operation.
Links:
Connect & Invest with Jake:
Follow Jake on Twitter: https://twitter.com/jwurzak
Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/
Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo
Topics:
(00:00:00) - Intro
(00:01:52) - From Law to Cannabis: Brady Cobb's Entrepreneurial Journey
(00:02:37) - The Legacy of a Cannabis Smuggler: Brady Cobb's Inspirational Backstory
(00:06:23) - Navigating the Complex World of Cannabis Business
(00:13:31) - The Evolution of Cannabis Legislation and Its Impact on Business
(00:26:26) - Inside the Operations: The Challenges of Running a Cannabis Company
(00:31:14) - Understanding Cannabis: From Farming to Market Dynamics
(00:37:58) - CBD vs. THC: Demystifying Cannabis Components
(00:40:24) - Exploring the Complex World of Cannabis
(00:41:35) - Personal Anecdotes and Preferences in Cannabis Consumption
(00:42:10) - Innovations and Partnerships in Cannabis Beverages
(00:44:28) - The Significance of Culture and Community in Business
(00:48:27) - Security Challenges and HR in the Cannabis Industry
(00:59:17) - Building a Brand and Raising Capital in Cannabis
(01:14:23) - Future Aspirations and Closing Thoughts
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