EQUITY.GURU podcast - Investing for millennials and madmen
Business:Investing
In 2014, Andrea Dobbs walked into a Vancouver cannabis dispensary and tried to talk to a 21-year-old male “budtender” about treating her peri-menopausal symptoms. The conversation was not illuminating. She saw a business opportunity. A year later, Dobbs opened a retail cannabis store in Kitsilano, catering to people…like her.
The Village Bloomery offered “a boutique range of medical cannabis products, assisting adults who are looking for a natural alternative to pharmaceutical pain relief. 458 Google reviewers give the store a perfect 5.0 rating.
Just last month, Dobbs received an ultra-rare green light to sell recreational cannabis. It turned out to be a game changer – but not in the way you might think.
Dobbs has a history with – and loyalty to – small artisanal growers. This has ramifications for companies like GTEC Holdings (GTEC.C), Experion Holdings (EXP.V) and Pasha Brands (CRFT.C).
In this podcast, Dobbs spoke with Equity.Guru’s Guy Bennett about the winding road to rec weed and the system that allows “government retail to undercut private retail by 50%.”
Listen in!
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