Spent a few and pleasant hours last night with Matt Lamers last night. Nice guy. A professional with nose of a journalist (natch).
One of the things TheCannalysts have seen over the past couple of years is the push-me-pull-you of flavours of the day: the transients, the promoters, the sales folks. Unlike the waxing of yesteryear, the hucksters stock is now waning. All the capital spent and deployed needs to create returns – which thus far – have been scant and uncertain.
Changes in leadership at a few outfits is a welcome sight to be honest. The layoffs and asset fire sales impending at several licensed producers will be billed in nicer terms and phrases than the reality, but the reality will remain.
I’m a little nervous about Lift this week to be honest.
I am not nervous about the formalization of this business, and walking the hucksters to the door. Sharply.